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Delivery company DHL, hit by heavy losses and fierce competition, is significantly reducing its air and ground operations in the United States and cutting 9,500 American jobs, leaving rivals like FedEx, UPS and the U.S. Postal Service to fight over the customers it will stop serving. ...more
November 11, 2008
DHL, the struggling U.S.-based express shipping unit of German postal service Deutsche Post AG, wants UPS to carry some of its air packages. The collaboration between rivals with past legal battles would give UPS a hefty new revenue stream and help DHL cut costs. ...more
May 29, 2008
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