DHL faces anti-trust probe as Ohio representatives question UPS deal
Representatives of the U.S. state of Ohio are pushing for the Federal Justice Ministry to launch an anti-trust probe into Deutsche Post World Net AG.’s plans to tie up its U.S. air express DHL operations with UPS, Die Welt reported.
The representatives are trying to prevent DHL from cutting up to 8,200 jobs in the course of entering into a ten-year co-operation with competitor UPS.
In March, Deutsche Post said its fourth-quarter profit slid by more than 60 percent after it wrote down the value of its DHL unit. DHL is slashing network capacity in the U.S. by 30 percent, which includes closing and consolidating sorting facilities and streamlining pickup and delivery routes.
A spokeswoman for Deutsche Post told Die Welt that the company does not expect U.S. authorities to object to its planned co-operation with UPS.
Representatives of the U.S. state of Ohio are pushing for the Federal Justice Ministry to launch an anti-trust probe into Deutsche Post World Net AG.’s plans to tie up its U.S. air express DHL operations with UPS, Die Welt reported.
The representatives are trying to prevent DHL from cutting up to 8,200 jobs in the course of entering into a ten-year co-operation with competitor UPS.
In March, Deutsche Post said its fourth-quarter profit slid by more than 60 percent after it wrote down the value of its DHL unit. DHL is slashing network capacity in the U.S. by 30 percent, which includes closing and consolidating sorting facilities and streamlining pickup and delivery routes.
A spokeswoman for Deutsche Post told Die Welt that the company does not expect U.S. authorities to object to its planned co-operation with UPS.
