Tag: DHL

UPS wants U.S DOT to examine DHL's purchase of Airborne

United Parcel Service Inc. has asked the government to investigate the planned acquisition of Airborne Inc. by German postal service Deutsche Post AG’s DHL express mail arm.

Atlanta-based UPS said Wednesday in a filing with the U.S. Department of Transportation that the $1.05 billion deal reached Tuesday raises questions about the degree of control that Deutsche Post is able to exert on the domestic express package and cargo market.

Also Thursday, the union representing 489 DHL pilots took issue with comments made by one of the shipping company’s top executives.

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DHL to acquire ground ops of Airborne Inc. to create stronger third competitor in US market

Airborne, Inc. and DHL announced today that they have entered into a definitive merger agreement that will create a stronger third competitor in the U.S. express delivery market and bring the benefits of intensified competition and enhanced service to millions of small- and medium-sized businesses that purchase expedited door-to-door delivery of small packages and documents. Under the terms of the agreement, DHL will acquire Airborne’s ground operations for USD21.25 per share in cash, or a total equity value of approximately USD1.05 billion. Upon conclusion of the acquisition, Airborne’s air operations will be separated from its ground operations and will become an independent public company, called ABX Air, Inc. (“ABX Air”). ABX Air will be wholly owned by Airborne’s current shareholders, who will each receive one share of ABX Air for every Airborne share they hold.

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Olivier Diehl to Head DHL France

DHL France, the express forwarding subsidiary of German postal and logistics group Deutsche Post, is to see a change of management as Pascal Tomasso steps down to be replaced by Olivier Diehl, currently head of Ducros Euro Express. The company has confirmed the change at the top, as has Mr Tomasso, who is to take over as head of Brake France, the French subsidiary of UK food transport group Brake Bros.

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Parcel and courier firms may request North American Free Trade Agreement panel if transport law is approved

If the new Federal Transport Law (FLT) is approved foreign parcel services and courier firms could request that the government set up a controversy-resolution panel under the framework of the North American Free Trade Agreement (Nafta), acknowledged the Chairman of the Chamber of Deputies Transport Commission, Eugenio Orestes Pérez Cruz. This was confirmed by Ernesto Romero president of the National Association of Courier Companies, which includes Fedex, UPS and DHL.Orestes Pérez Cruz said that foreign companies felt that they were affected by certain elements of the new transport bill.

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