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Company History

DHL History: Founding, Growth & Key Milestones

Founded 1969 in San Francisco, United States

When was DHL founded?

DHL was founded in 1969 in San Francisco, United States by Adrian Dalsey, Larry Hillblom and Robert Lynn, making it 57 years old.

Founded
1969
Founding place
San Francisco, United States
Founders
Adrian Dalsey, Larry Hillblom and Robert Lynn
Headquarters today
Bonn, Germany
Milestones documented
12 (1969–2026)
Current CEO
Tobias Meyer
Acquisitions
5
YearEvent
1969DHL Founded
1970International Expansion
1998Deutsche Post Takes Stake
2000Deutsche Post IPO
2002DHL Becomes Part of Deutsche Post
2003Airborne Express Acquired
2005Exel Acquisition
2008Frank Appel becomes CEO
2023DHL Group Name Adopted
2023Tobias Meyer becomes CEO
2025FY2025 Key Figures
2026DHL AG Reorganization
Where was DHL founded?
DHL was founded in San Francisco, United States in 1969. wikidata.org
Who founded DHL?
DHL was founded by Adrian Dalsey, Larry Hillblom and Robert Lynn.
When did DHL start?
DHL was founded in 1969.
How old is DHL?
DHL is 57 years old as of 2026.

Founding Story

In 1969 Adrian Dalsey, Larry Hillblom and Robert Lynn started flying shipping documents from San Francisco to Honolulu as passengers so that customs paperwork arrived before the cargo ships did. Ships could be cleared and unloaded faster, and the idea grew into an international express courier named after the founders' initials. DHL expanded rapidly across Asia-Pacific in the 1970s, including the launch of DHL International in Hong Kong with Po Chung in 1972.

Founders

Adrian Dalsey

Adrian Dalsey was the 'D' in DHL. An experienced salesman when the company started in 1969, he helped win the shipping-line and bank customers that paid DHL to fly documents ahead of cargo between San Francisco and Honolulu, and he took part in the company's early expansion into Asia-Pacific. Adrian Dalsey was born in 1914 in Illinois. Dalsey was born on October 14, 1914 and died on October 10, 1994.

Larry Hillblom

Larry Hillblom was the 'H' in DHL. While studying law at UC Berkeley he flew early courier runs himself and later drove DHL's growth across the Pacific, eventually basing himself in Saipan in the Northern Mariana Islands. He died in a 1995 plane crash, and the dispute over his estate became one of the best-known inheritance cases of the 1990s. Larry Hillblom was born in 1943 in Kingsburg. Education: University of California, Berkeley; Kingsburg High School. Larry Lee Hillblom was born on May 12, 1943 and died on May 21, 1995. Robert Lynn was the third co-founder of DHL.

Robert Lynn

Robert Lynn was the 'L' in DHL and co-founded the courier service with Adrian Dalsey and Larry Hillblom in San Francisco in 1969. He played a smaller public role in the company's later expansion than his two co-founders. (Exact birth year remains publicly undisclosed).

Key Milestones

1969

DHL Founded

Adrian Dalsey, Larry Hillblom, and Robert Lynn launch DHL as an international courier service.

Source: reporting-hub.group.dhl.com
1970

International Expansion

DHL expands beyond its original U.S.-Hawaii document courier route into broader international express service.

Source: reporting-hub.group.dhl.com
1998

Deutsche Post Takes Stake

Deutsche Post begins building its DHL ownership position as part of its global logistics expansion.

Source: reporting-hub.group.dhl.com
2000

Deutsche Post IPO

Deutsche Post listed on the Frankfurt Stock Exchange in November 2000.

Source: en.wikipedia.org
2002

DHL Becomes Part of Deutsche Post

DHL becomes part of the Deutsche Post group, creating the foundation for the modern logistics portfolio.

Source: reporting-hub.group.dhl.com
2003

Airborne Express Acquired

DHL bought the ground operations of the US carrier Airborne Express in 2003.

Source: en.wikipedia.org
2005

Exel Acquisition

Deutsche Post acquires Exel, expanding contract logistics and supply-chain capabilities.

Source: reporting-hub.group.dhl.com
2008

Frank Appel becomes CEO

Frank Appel became CEO of DHL in 2008. Led the group through the 2008-2009 financial crisis and the COVID-19 pandemic, when express and forwarding volumes and earnings reached record levels.

Source: en.wikipedia.org
2023

DHL Group Name Adopted

Deutsche Post DHL Group becomes DHL Group, putting the global logistics brand at the center of the corporate identity.

Source: reporting-hub.group.dhl.com
2023

Tobias Meyer becomes CEO

Tobias Meyer became CEO of DHL in 2023. Under Meyer, DHL grew EBIT about 4% to ~$6.89B (EUR 6.1B) in 2025 despite tariffs and raised 2026 EBIT guidance to more than $7.34B (EUR 6.5B).

Source: group.dhl.com
2025

FY2025 Key Figures

DHL Group reports FY2025 revenue of ~$93.7B (EUR 82.9B), EBIT of ~$6.89B (EUR 6.1B) and 583,998 employees.

Source: reporting-hub.group.dhl.com
2026

DHL AG Reorganization

The listed parent is renamed DHL AG on September 1, 2026, while Deutsche Post remains the brand for German mail and parcels.

Source: group.dhl.com

Major Acquisitions

DHL International

1998

Deutsche Post began buying into DHL International in 1998 to add a global express network to its German postal business.

Airborne Express

2003

To gain a US domestic delivery network and compete with FedEx and UPS.

Exel plc

2005

To add a large UK-based contract logistics and forwarding business, for about $4.88 billion (GBP 3.7 billion).

J.F. Hillebrand

2022

To add a specialist forwarder for wine, beer, spirits and other beverages to Global Forwarding.

MNG Kargo

2023

To enter Turkey's domestic parcel market through DHL eCommerce.

Keep researching DHL

DHL Company History FAQ

What is the chronological history of DHL Group from 1969 to the present?

Founded in San Francisco in 1969, DHL pioneered international express delivery. Deutsche Post was privatized in 1995, acquired DHL between 1998 and 2002, listed in 2000, bought Exel in 2005, restructured under Frank Appel from 2008, became DHL Group in 2023 under CEO Tobias Meyer, and renamed its listed parent DHL AG on September 1, 2026.

How was the state-owned Deutsche Bundespost privatized in the 1990s?

Under the German Postal Reform II in 1995, the state-run Deutsche Bundespost was divided into three independent public corporations: Deutsche Post AG, Deutsche Telekom AG, and Deutsche Postbank AG, paving the way for commercial stock listings.

When did Deutsche Post AG conduct its Initial Public Offering (IPO)?

Deutsche Post AG went public in November 2000 in one of the most successful stock offerings in German financial history, listing shares on the Frankfurt Stock Exchange and transitioning into an investor-owned global logistics corporation.

Why did DHL exit the domestic US express market in 2008 to 2009?

Following heavy operating losses attempting to compete against FedEx and UPS in domestic US home delivery after acquiring Airborne Express, CEO Dr. Frank Appel strategically shut down domestic US express operations in 2008 to refocus on profitable international shipping to and from the US.

When did DHL establish its main European air hub at Leipzig/Halle Airport?

DHL opened its state-of-the-art European air hub at Leipzig/Halle Airport in 2008, moving operations from Brussels, Belgium, to secure unrestricted 24/7 night flight permissions and direct rail/road freight connections across Central and Eastern Europe.

How did DHL Group respond to the global e-commerce surge of the 2020s?

DHL built out DHL eCommerce as a separate division, invested in automated parcel hubs and Packstation lockers in Germany, and expanded cross-border e-commerce delivery and fulfillment services.

When did the company officially rebrand from Deutsche Post DHL Group to DHL Group?

On July 1, 2023, the group officially changed its corporate name to DHL Group and updated its stock ticker to DHL, reflecting the international logistics giant's global identity while honoring its German postal foundations.

What is DHL Group's long-term sustainability vision for 2050?

DHL Group targets net-zero logistics emissions by 2050 and has pledged ~$7.91 billion (EUR 7 billion) through 2030 for climate-neutral logistics, including electric delivery vehicles, sustainable aviation fuel and carbon-neutral buildings.

How did DHL start?

DHL was founded in San Francisco in 1969. The founders brilliantly realized that if they flew shipping manifests and bills of lading ahead of cargo ships sailing to Hawaii, customs could process the paperwork before the ships even arrived, saving massive amounts of time.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.