DHL Newswire

Germany May Sell Its Share of Deutche Post DHL

Reuters
06/15/2012

Germany's KfW KFW.UL has approached investment banks about the sale of at least part of its stake in Deutsche Post DHL (DPWGn.DE), which has a market value of 4.9 billion euros ($6.2 billion), three people familiar with the process said.

DHL Concession Deal is Dead

November 13, 2009: Membership outrage over proposed mid-contract concessions at DHL led to it being shelved by the national meeting of local officials.

DHL Wants Concessions on National Contract

November 2, 2009: DHL Teamsters report that IBT officials have met with management over proposed contract changes that would include buy outs of Teamster to allow the hiring of low-wage drivers and dock workers.

DHL Exits Domestic

November 17, 2008: The world's largest national economy is not large enough, it appears, for three private parcel carriers.

DHL Cuts Thousands of Jobs

November 14, 2008: The worsening recession has claimed more victims, as the European transport giant DHL announced Nov. 10 that they are ending all domestic U.S. ground and air shipping.

DHL to End Domestic-Only Business

November 10, 2008: DHL, the world's number one international logistics and express service provider, today announced a repositioning of its U.S. Express business.

DHL Cuts Jobs

August 1, 2008: Less than two months after members ratified a concessionary contract that IBT officials touted as saving jobs, DHL has implemented layoffs, which could be permanent cuts.

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