DHL should repay ABX for overhead, arbitrators rule
Deutsche Post AG’s DHL Express should reimburse ABX Air Inc. for overhead expenses related to a contract in November, arbitrators ruled.
ABX and DHL will begin discussing how much of ABX’s overhead DHL should pay, Wilmington, Ohio-based ABX said today in a statement distributed by Business Wire.
ABX claimed that DHL defaulted on an agreement Nov. 5 by failing to repay it for certain costs. DHL contended some expenses no longer had to be reimbursed because ABX’s revenue from other customers exceeded 10 percent of total sales.
Deutsche Post AG’s DHL Express should reimburse ABX Air Inc. for overhead expenses related to a contract in November, arbitrators ruled.
ABX and DHL will begin discussing how much of ABX’s overhead DHL should pay, Wilmington, Ohio-based ABX said today in a statement distributed by Business Wire.
ABX claimed that DHL defaulted on an agreement Nov. 5 by failing to repay it for certain costs. DHL contended some expenses no longer had to be reimbursed because ABX’s revenue from other customers exceeded 10 percent of total sales.
