AV8OR
Well-known member
- Joined
- Dec 2, 2001
- Posts
- 696
Me thinks that the legal issues you are bringing up now will not be any kind of factor.
DHL was never a big factor in the US and an actual courier service was the business they dominated in Europe. By the time Fedex and UPS gained their foothold in the rest of the world, DHL had already lost their shot at the US market. While Fedex made that global leap with the purchase of Tigers, they actually had to learn how to carry freight. DHL never reallly wanted to go in that direction but was forced too.
The only legal issue will be commitments made to Ohio or others for jobs that had compensation attached to them.
Well, there's a thing called fraudulent negotiations as well, but we'll see. That's my final word on that subject till docs are filed.
Thanks for the link. However, it appears to me that those were two different transactions? One was for UPS to buy a share of DHL which thankfully to both companies didn't happen.
I realize that what was reported in the press in Aug 07 was a selling of deomestic lift to UPS, but noone really knows what was in discussion and Mullen/Allan has stated that they have been working on this for months (makes sense since these things don't happen over night). Ought to be interesting to see what UPS opinion was of our scope litigation and what they told DP needed to happen to it for them to agree to the deal. Maybe something, maybe nothing. We'll see.