Deutsche Post says it will announce plans in May to cut DHL US losses

Publicado: 10 Marzo 2008
Google translate: 

Deutsche Post World Net, the German mail and logistics group, announced fourth-quarter profit

ha fallen 60 percent from a year ago and confirmed a previously announced charge of $900 million against its struggling DHL Express unit in the United States.



Chief Executive Frank Appel squashed speculation Deutsche Post will quit the U.S. express market. He termed the unit an “integral part” of Deutsche Post’s global business and that the company has “narrowed down” options for stemming losses at DHL Express in North America. Appel said Deutsche Post would make a decision about DHL's U.S. operations in May. Earlier this month DHL Express announced 600 job losses in the US.