Deutsche Post CEO sees early signs of recovery

Discussion in 'The Latest USPS, Amazon, and DHL Headlines' started by cheryl, Jan 26, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    Deutsche Post CEO sees early signs of recovery - Reuters
    Deutsche Post DHL's chief executive expects the global economy will continue on its recovery path this year, given early signs of a pickup in demand for the shipment of goods.

    "We cannot say much until goods start shipping, but from what I hear from customers ... I am optimistic for recovery," Frank Appel said at a media conference on Monday.

    The company is competing with U.S. rivals FedEx and United Parcel Service to expand its express delivery operations in Asian countries such as China, where rising global trade drives demand for logistics services.