Archive for the ‘DHL’ Category

UPS Volume Down, Blames UPS Economy

Friday, March 28th, 2008

UPS blames the US Economy - and not its customer service - for a recent downturn in shipping volume. There are now signs that the economy is sliding further, as volumes decrease further and UPS issues another warning that it may miss its earnings goal. Its main competitors - FedEx ...

DHL CEO Klaus Zumwinkel Under Investigation for Tax Evasion

Thursday, February 14th, 2008

UPS and FedEx (to a lesser extent - having just dealt with its own tax issues) must really be singing a merry little tune at what looks like the beginning of the end for competitor DHL. German prosecutors are looking into whether or not DHL CEO Klaus Zumwinkel cheated on ...

UPS Earnings Take Nose Dive

Friday, February 1st, 2008

UPS's profits took a nose dive in the 4th quarter of 2007 - to the tune of $6.1 billion dollars - with the company blaming employee benefit package-related expenses and more competition from FedEx, DHL and the USPS.

Reports: FedEx May Buy “All or Part” of DHL’s US Operations

Saturday, January 26th, 2008

Reports continue to surface that seem to indicate that FedEx may indeed be trying to buy all or part of rival DHL. For FedEx, this would be another aid in helping it compete with United Parcel Service.

DHL: We’re Not Going Anywhere… and We’re Not Selling Out to FedEx

Friday, January 25th, 2008

A DHL spokesman says parent company Deutsche Post World Net has no plans to sell its U.S. Express delivery service to its Memphis-based rival FedEx Corp. "There is no question about our exiting the U.S. business, a withdrawal can be completely ruled out," DHL spokesman Jonathan Baker said in a ...

DHL to Offer Shipping Services through Walgreens Stores

Thursday, January 10th, 2008

It is being reported today that DHL will soon begin offering shipping services at Walgreens drug stores nationwide to compete with the UPS Store. The "DHL Shipping Spot" will be staffed by Walgreen employees at photo counters, DHL said. The kiosks are expected to be in place in stores nationwide ...