DHL steps up cutbacks - Journal of Commerce
Parcel carrier DHL Express is cutting back its United States operations more deeply than earlier announced as it copes with a troubled American economy.
The company, a unit of Gemany's Deutsche Post, also says it is speeding up the cutbacks it had been planning, putting its cost-saving efforts on a more urgent track and prompting suggestions from some industry observers that even greater cuts in DHL's U.S. presence are on the way.
Parcel carrier DHL Express is cutting back its United States operations more deeply than earlier announced as it copes with a troubled American economy.
The company, a unit of Gemany's Deutsche Post, also says it is speeding up the cutbacks it had been planning, putting its cost-saving efforts on a more urgent track and prompting suggestions from some industry observers that even greater cuts in DHL's U.S. presence are on the way.