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Old 03-10-2008, 10:05 AM
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Default More bad news for DHL

http://www.bloomberg.com/apps/news?p...&refer=germany
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Old 03-10-2008, 10:10 AM
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This is the kicker.....

``We believe that the U.S. domestic business will be scaled down significantly and outsourced where possible,'' Axel Funhoff, an analyst at ING Groep NV in Brussels, said in a note to clients today. Memphis, Tennessee-based competitor FedEx Corp. ``would be the market's most preferred partner for DHL in the U.S.''
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Old 03-10-2008, 10:18 AM
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Will this affect Astar, ABX? How will they then fill their planes if they lose that DHL lift?
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Old 03-10-2008, 10:24 AM
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THEMAN,

The key is it was only an analyst who said it. No official words yet from DPWN/DHL.

Red
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Old 03-10-2008, 10:26 AM
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I hope thing work out for all those at ASTAR and ABX
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Old 03-10-2008, 10:50 AM
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Originally Posted by theman View Post
This is the kicker.....

``We believe that the U.S. domestic business will be scaled down significantly and outsourced where possible,'' Axel Funhoff, an analyst at ING Groep NV in Brussels, said in a note to clients today. Memphis, Tennessee-based competitor FedEx Corp. ``would be the market's most preferred partner for DHL in the U.S.''

Perhaps the "Outsourcing" will be to either ABX Air, Inc. and, or, to Astar Air cargo, Inc.. That is a strong possibility as it is unlikely that DHL will surrender to FedEx or that FedEx would interested in entering a "partnership" that wasn't extremely advantagous to them. We should know in May!
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Old 03-10-2008, 12:07 PM
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Originally Posted by clipperskip View Post
Perhaps the "Outsourcing" will be to either ABX Air, Inc. ...
Or ABX Holdings. (ABX AIr, Capitol, and ATI).
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Old 03-10-2008, 04:18 PM
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That would cause DHL to make money here in the US, something I believe they have never done.
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Old 03-10-2008, 06:32 PM
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Originally Posted by rollndadice View Post
That would cause DHL to make money here in the US, something I believe they have never done.
Actually DHL has made money here in the US, and did it for years. Sure they weren't the largest, but the focus was on international freight not domestic. And since DHL was a private company there was no reporting of profits or loss.
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Old 03-10-2008, 10:01 PM
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If Fedex or UPS are waiting for DHL to "kick the bucket" here in the US they can forget it. They are whistling dixie. You want'em than buy'em. But,, typical airline mentality,, they want something for nothing. DHL isnt going anywhere.
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