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United Parcel Service, Inc. Message Board

  • upsoars upsoars Oct 1, 2013 7:51 PM Flag

    UPS Asks DOT to Stop DHL's U.S. Operations - Gotta love this!

     

    United Parcel Service (UPS) has asked the U.S. Department of Transportation to immediately stay or suspend DHL Worldwide Express forwarding license to operate in the United States, Reuters reported Friday. If the UPS motion is granted, it could block a pending reorganization of DHL operations in the U.S., Reuters noted. UPS and rival FedEx (FDX) argue that since Deutsche Post World Net is a major DHL shareholder, DHL should therefore be disqualified from operating in the U.S. on the basis of a law that limits the U.S. operations of foreign-owned airlines. Klaus Zumwinkel, Deutsche Post's chief executive, told the Wall Street Journal that DHL is only trying to provide international service, and is not chasing domestic parcel business.Transport Topics

    Comments?

    God Bless,

    Michael

    Sentiment: Strong Buy

    This topic is deleted.
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UPS
97.26+1.63(+1.70%)Oct 17 4:00 PMEDT

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