Deutsche Poste more cautious regarding performance of DHL in US
Deutsche Post, the German postal services operator, has revealed that the goal for achieving a breakeven for the US activities is dependent on certain conditions. John Fellows, Chairman and CEO of DHL Holdings Inc. explained that reaching breakeven would depend on the economic situation in the US and that achieving the planned growth rates was paramount. DHL is expecting the current financial year to end in a deficit of around 248m Euros in the US.