Thinking out loud on DHL and asking a few QQ's

[flyinboxes]

Or...Dasburg could have accepted one of the 3 offers Joe put on the table before he "came a knockin'".

So all together now...THANKS DASBURG. Get off the indication of interest Joe pushed back across the table when it was pushed back to Joe 3 times prior.

There is no record of such offers from Hete to purchase Astar. All rumor.

 

[shooter]

There is no record of such offers from Hete to purchase Astar. All rumor.

Thats not true. Sworn testimony, under oath, at the congressional hearings.

So, let's hear it....THANKS DASBURG.

 

[rotor&wing]

Thats not true. Sworn testimony, under oath, at the congressional hearings.

So, let's hear it....THANKS DASBURG.

I heard through a very reputable source that Hete did in fact make an offer. It was a very low ball offer and not even worth considering.

At least Dasburg/DHL made a legitimate offer for ABX.

 

[shooter]

I heard through a very reputable source that Hete did in fact make an offer. It was a very low ball offer and not even worth considering.

At least Dasburg/DHL made a legitimate offer for ABX.

That may be true. I have no idea what the offers were.

Bottom line, we are all hosed. And we can point fingers all day everyday and it does not change the fact that the problems did not lie in the air network. Old Mullen can cry economy and multiple airline network all he wants it does not change the fact they screwed up HUGE and we are the ones paying. If they wanted one airline they could have had one without ABX, so I don't buy into his lies.

 

[ABXbooger]

I love how someone says "just rumors" and you sit there and say "well if Hete had accepted the offer we would all be fine..." Talk about rumors...

DHL never had any business being here in the US, a poor and getting poorer economy doesn't help, true, but they never had a legitimate business model that could compete against true express companies.

 

[shooter]

I love how someone says "just rumors" and you sit there and say "well if Hete had accepted the offer we would all be fine..." Talk about rumors...

DHL never had any business being here in the US, a poor and getting poorer economy doesn't help, true, but they never had a legitimate business model that could compete against true express companies.

Great point booger. I know people like trashing ABX, seems to be the flavor du jour. But in this economy I think a low cost model of ABX in the express package business would thrive as Southwest has been the past few years. But that is just speculation on my part.

 

[ABXbooger]

Here's a rumor for ya, or rather a supposition: If DHL had not bought Airborne Express, there would still be a viable third alternative in the express freight industry.

 

[Whistlin' Dan]

I love how someone says "just rumors" and you sit there and say "well if Hete had accepted the offer we would all be fine..." Talk about rumors...

DHL never had any business being here in the US, a poor and getting poorer economy doesn't help, true, but they never had a legitimate business model that could compete against true express companies.

I think the "model" was OK - basically, pick-up the customer's stuff, fly it to a mid-continent destination in the middle of the night, sort it, then fly it back out and deliver it the next morning. The problem was in the implementation. FedEx and UPS both understand that overnight express is a premium product, a philosophy which is evidenced in every area of their operation. DHL, on the other hand, handled OE like cartage. The focus was on low cost, with delivery the next morning whenever possible, or maybe the next afternoon if the 30-year-old plane breaks or can't land due to weather, or maybe the day after the next day if the FAA grounds the contractor at an outstation.

Same business model for all 3 companies, but a differing level of committment to service between DHL and their competitors.

It doesn't matter who should have bought who, when, or for how much. The end has been coming for the last 25 years.

 

[abxaviator]

T minus 12 hours.

 

[hyflyin]

FRANKFURT, Nov 9 (Reuters) - Some 40,000 Deutsche Post (DPWGn.DE: Quote, Profile, Research, Stock Buzz) in the United States are at risk as the group steps up plans to turn round its loss-making DHL express delivery company there, a German newspaper report said on Sunday.
Citing internal sources, the Frankfurter Allgemeine Sonntagszeitung (FAS) said of the total, 20,000 of jobs were threatened directly at Deutsche Post's U.S. express unit and the other half at U.S. partner firms.
A spokeswoman for Deutsche Post, which on Monday is due to report third-quarter earnings, on Sunday declined to comment on the figures mentioned in the newspaper report.
The U.S. business has been hit by shrinking investments from businesses amid the global economic crisis.
A Deutsche Post spokeswoman had said in October that her firm was cutting its U.S. ground network capacity by 30 percent faster than planned and could take further measures if necessary.
The company in May announced a $2 billion restructuring programme for the U.S. express business, for which it expected to post a $1.3 billion loss before interest and tax this year.