Deutsche Post may pay further three-digit mln dollar sum in U.S. revamp - re

Discussion in 'The Latest USPS, Amazon, and DHL Headlines' started by cheryl, Aug 21, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    Deutsche Post may pay further three-digit mln dollar sum in U.S. revamp - report - Forbes

    The amount comes on top of the previously announced costs of $2 billion for the turnaround programme at the struggling unit, it added.

    In May, the company said the loss-making U.S. operations of its DHL express unit will tie up in domestic and international airfreight shipments with United Parcel Service Inc. (UPS) and will launch a cost-cutting programme.