Deutsche Post's extraordinary meeting this weekend
#41
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
#43
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
It sounds bad and it is bad indeed for all the fine folks who will lose their jobs. However, not too long ago they were talking about laying off 40K ground workers so maybe things aren't as hopeless as some seem to think?
Hoping for the best.
#44
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
Still a huge number but now it has shrank to "only" 8,000 of possible lay offs...
Ohio braces for possible DHL layoffs
About 8,000 job cuts reportedly may be announced tomorrow, when DHL's parent company releases its quarterly earnings report.
November 9, 2008: 10:16 PM ET
(CNN) -- A southern Ohio community is bracing for possible layoffs as DHL Express -- the largest employer in the area -- planned to announce its quarterly earnings report and restructuring details.
DHL's parent company, German-based Deutsche Post World Net, will announce plans for its U.S. operations to investors Monday, said spokesman Jonathan Baker. He did not respond to published reports that Deutsche Post has ordered roughly 8,000 layoffs at DHL's Wilmington hub.
But Ohio officials were scrambling over the weekend to offset possible job cuts to the community. U.S. Sen. Sherrod Brown, D-Ohio, sent a letter Friday to DHL Chief Executive Officer John Mullen asking for immediate information about layoffs in the Wilmington area.
According to a statement from his office, Brown also called U.S. Deputy Secretary of Labor Howard Radzely "to seek immediate attention to a state of Ohio request for emergency funds to assist workers and communities affected by DHL's loss in business since announcing a proposed outsourcing agreement with UPS."
In May, Deutsche Post announced plans to outsource air services with UPS (UPS, Fortune 500). Brown says the plan would mean shutting down DHL's hub in Wilmington and cutting at least 8,000 jobs. Brown testified at two congressional hearings this year that centered on the proposal.
"Everybody is watching to see what happens tomorrow," said UPS spokesman Norman Black.
He added that UPS has been in negotiations with DHL to become its air carrier between U.S. airports, which would reduce costs because DHL currently uses two separate carriers for this task.
Wilmington Mayor David Razik said he had no details about the DHL announcement, but he was preparing for the worst.
"Given the state of the economy and the worldwide economic collapse, we know it can't be good news," he told CNN Sunday night. "Freight is down significantly, DHL is losing customers, they have laid off sales personnel in other locations. We really think it's certainly not going to be good for Wilmington."
Ohio braces for possible DHL layoffs
About 8,000 job cuts reportedly may be announced tomorrow, when DHL's parent company releases its quarterly earnings report.
November 9, 2008: 10:16 PM ET
(CNN) -- A southern Ohio community is bracing for possible layoffs as DHL Express -- the largest employer in the area -- planned to announce its quarterly earnings report and restructuring details.
DHL's parent company, German-based Deutsche Post World Net, will announce plans for its U.S. operations to investors Monday, said spokesman Jonathan Baker. He did not respond to published reports that Deutsche Post has ordered roughly 8,000 layoffs at DHL's Wilmington hub.
But Ohio officials were scrambling over the weekend to offset possible job cuts to the community. U.S. Sen. Sherrod Brown, D-Ohio, sent a letter Friday to DHL Chief Executive Officer John Mullen asking for immediate information about layoffs in the Wilmington area.
According to a statement from his office, Brown also called U.S. Deputy Secretary of Labor Howard Radzely "to seek immediate attention to a state of Ohio request for emergency funds to assist workers and communities affected by DHL's loss in business since announcing a proposed outsourcing agreement with UPS."
In May, Deutsche Post announced plans to outsource air services with UPS (UPS, Fortune 500). Brown says the plan would mean shutting down DHL's hub in Wilmington and cutting at least 8,000 jobs. Brown testified at two congressional hearings this year that centered on the proposal.
"Everybody is watching to see what happens tomorrow," said UPS spokesman Norman Black.
He added that UPS has been in negotiations with DHL to become its air carrier between U.S. airports, which would reduce costs because DHL currently uses two separate carriers for this task.
Wilmington Mayor David Razik said he had no details about the DHL announcement, but he was preparing for the worst.
"Given the state of the economy and the worldwide economic collapse, we know it can't be good news," he told CNN Sunday night. "Freight is down significantly, DHL is losing customers, they have laid off sales personnel in other locations. We really think it's certainly not going to be good for Wilmington."
#45
Well, now we know. DHL will be exiting the US domestic market effective Jan 30, 2009.
If no deal is reached with UPS prior to that date I would expect DHL to terminate its ACMI with either ABX or Astar and utilize the other carrier for the remainder of its US business. My money is on ABX getting it in the neck, and Astar remaining until a deal is worked with UPS. I had thought there would be no UPS deal, but have now changed my mind. I believe DPWN/DHL is determined to give their business to UPS no matter the cost.
It was a good run while it lasted.
If no deal is reached with UPS prior to that date I would expect DHL to terminate its ACMI with either ABX or Astar and utilize the other carrier for the remainder of its US business. My money is on ABX getting it in the neck, and Astar remaining until a deal is worked with UPS. I had thought there would be no UPS deal, but have now changed my mind. I believe DPWN/DHL is determined to give their business to UPS no matter the cost.
It was a good run while it lasted.
#46
From MSN:
FRANKFURT, Germany - Deutsche Post AG will close all of its DHL Express service centers, cut 9,500 jobs in the United States and eliminate U.S.-only domestic shipping by land and air, the company said Monday, citing heavy losses and fierce competition.
Eliminate shipping by air, IMHO does not mean giving business to UPS at all cost. It means, DHL is essentially leaving the market place.
Any other opinions.
Fli
FRANKFURT, Germany - Deutsche Post AG will close all of its DHL Express service centers, cut 9,500 jobs in the United States and eliminate U.S.-only domestic shipping by land and air, the company said Monday, citing heavy losses and fierce competition.
Eliminate shipping by air, IMHO does not mean giving business to UPS at all cost. It means, DHL is essentially leaving the market place.
Any other opinions.
Fli
#48
Can anyone say pre- Airborne. That is what the Germans are doing. They got their collective butts kicked (again) and now they are going home.
In the presentation slide show they show current shipments at about 1 million a day. After they pull out they predict about 100,000. For that amount of freight just go to UPS.com and sign up for an account. Send 50,000 to JFK for Europe and sent the other 50,000 to LAX for Asia. Problem solved.
P.S. is anyone looking for a slight used F/0 who only flew the 76 on weekends to the grocery store and back............
In the presentation slide show they show current shipments at about 1 million a day. After they pull out they predict about 100,000. For that amount of freight just go to UPS.com and sign up for an account. Send 50,000 to JFK for Europe and sent the other 50,000 to LAX for Asia. Problem solved.
P.S. is anyone looking for a slight used F/0 who only flew the 76 on weekends to the grocery store and back............