UPS Updates
#22
Update: DHL denies it may exit U.S. market:
FRANKFURT -(Dow Jones)- German logistics company Deutsche Post AG (DPW.XE) said Monday it is not considering a complete pull out from its U.S. operations, denying a weekend press report.
The U.S. is a definitive part of the global postal network and therefore a necessary market for Deutsche Post, a spokesman said.
Deutsche Post also said it still aims to begin a planned cooperation with United Parcel Service Inc. (UPS) in 2009.
The spokesman added that the economic situation in the U.S. is worse than the company expected. The economy hasn't started a recovery yet and Deutsche Post's peers currently have more problems than assumed. Deutsche Post's executive board is keeping a close eye on this, the spokesman said, adding that besides the planned cooperation with UPS, it is keeping all options open.
The elections in the U.S. aren't making it easier for Deutsche Post, with some politicians making negative statements on the DHL unit, souring customer sentiment, the spokesman said.
Over the weekend, Handelsblatt newspaper reported the company could pull out if business doesn't improve.
FRANKFURT -(Dow Jones)- German logistics company Deutsche Post AG (DPW.XE) said Monday it is not considering a complete pull out from its U.S. operations, denying a weekend press report.
The U.S. is a definitive part of the global postal network and therefore a necessary market for Deutsche Post, a spokesman said.
Deutsche Post also said it still aims to begin a planned cooperation with United Parcel Service Inc. (UPS) in 2009.
The spokesman added that the economic situation in the U.S. is worse than the company expected. The economy hasn't started a recovery yet and Deutsche Post's peers currently have more problems than assumed. Deutsche Post's executive board is keeping a close eye on this, the spokesman said, adding that besides the planned cooperation with UPS, it is keeping all options open.
The elections in the U.S. aren't making it easier for Deutsche Post, with some politicians making negative statements on the DHL unit, souring customer sentiment, the spokesman said.
Over the weekend, Handelsblatt newspaper reported the company could pull out if business doesn't improve.
#23
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
Update: DHL denies it may exit U.S. market:
FRANKFURT -(Dow Jones)- German logistics company Deutsche Post AG (DPW.XE) said Monday it is not considering a complete pull out from its U.S. operations, denying a weekend press report.
The U.S. is a definitive part of the global postal network and therefore a necessary market for Deutsche Post, a spokesman said.
Deutsche Post also said it still aims to begin a planned cooperation with United Parcel Service Inc. (UPS) in 2009.
The spokesman added that the economic situation in the U.S. is worse than the company expected. The economy hasn't started a recovery yet and Deutsche Post's peers currently have more problems than assumed. Deutsche Post's executive board is keeping a close eye on this, the spokesman said, adding that besides the planned cooperation with UPS, it is keeping all options open.
The elections in the U.S. aren't making it easier for Deutsche Post, with some politicians making negative statements on the DHL unit, souring customer sentiment, the spokesman said.
Over the weekend, Handelsblatt newspaper reported the company could pull out if business doesn't improve.
FRANKFURT -(Dow Jones)- German logistics company Deutsche Post AG (DPW.XE) said Monday it is not considering a complete pull out from its U.S. operations, denying a weekend press report.
The U.S. is a definitive part of the global postal network and therefore a necessary market for Deutsche Post, a spokesman said.
Deutsche Post also said it still aims to begin a planned cooperation with United Parcel Service Inc. (UPS) in 2009.
The spokesman added that the economic situation in the U.S. is worse than the company expected. The economy hasn't started a recovery yet and Deutsche Post's peers currently have more problems than assumed. Deutsche Post's executive board is keeping a close eye on this, the spokesman said, adding that besides the planned cooperation with UPS, it is keeping all options open.
The elections in the U.S. aren't making it easier for Deutsche Post, with some politicians making negative statements on the DHL unit, souring customer sentiment, the spokesman said.
Over the weekend, Handelsblatt newspaper reported the company could pull out if business doesn't improve.
Last edited by ⌐ AV8OR WANNABE; 09-19-2008 at 08:17 AM.
#24
#25
Hmmmm....
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