Postal Letter

DHL will cut jobs, shipping in U.S.

Summary: (By David Jolly, New York Times) Deutsche Post, the German mail and logistics group that runs DHL, said Monday that it would cut 9,500 jobs at its United States unit as it effectively conceded the American market to its rivals, FedEx and United Parcel Service. The move was a sharp reversal for Deutsche Post, which had said it planned to maintain its American operations by turning over its ...

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