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FDX in talks with DHL
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<blockquote data-quote="FAVREFAN" data-source="post: 295561" data-attributes="member: 13078"><p>As of Friday, 01/25/2008, the "rumors" are that DHL might sell a "portion" of their US operations. They will not sell the entire unit.....from MSN news regarding the rumors........... A DHL spokesman denied any plans by parent company Deutsche Post to sell its U.S. delivery service.</p><p>"There is no question about our exiting the U.S. business, a withdrawal can be completely ruled out," DHL spokesman Jonathan Baker told Memphis Business Journal.</p><p> Many analysts predict profitability for DHL in the US by late 2009. A sale of the worst portions of their US presence could quicken that profitability.</p></blockquote><p></p>
[QUOTE="FAVREFAN, post: 295561, member: 13078"] As of Friday, 01/25/2008, the "rumors" are that DHL might sell a "portion" of their US operations. They will not sell the entire unit.....from MSN news regarding the rumors........... A DHL spokesman denied any plans by parent company Deutsche Post to sell its U.S. delivery service. "There is no question about our exiting the U.S. business, a withdrawal can be completely ruled out," DHL spokesman Jonathan Baker told Memphis Business Journal. Many analysts predict profitability for DHL in the US by late 2009. A sale of the worst portions of their US presence could quicken that profitability. [/QUOTE]
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