DHL, USPS, FedEx to Cooperate

http://www.aircargoworld.com/break_news/05272008c.htm

DHL signed a major air freight agreement with the United States Postal Service.

Deutsche Post World Net plans to announce details of the agreement via webcast from Bonn on Wednesday.

The agreement calls for FedEx to carry some air freight on behalf of the USPS. Sources familiar with the agreement said FedEx will take over some unprofitable air routes initially and increase the service gradually.

DPWN Chief Executive Officer Frank Appel is also expected to announce the closing of a quarter of DHL's U.S. stations and the elimination of hundreds of jobs. DHL is expected to redirect its growth efforts on its international service.

FedEx and DHL declined to comment and the USPS was non-committal about the venture.

In January 2001, FedEx and the Postal Service announced two major agreements. One called for FedEx Express to provide airport-to-airport movement of containers holding around 3.5 million pounds of Priority Mail, Express Mail and First Class Mail. That agreement was modified in 2006 to run through 2013. The other part of the agreement involved the drop off of packages at FedEx Drop Boxes nationwide. The venture is expected to generate approximately $8 billion over the life of the agreement.

The USPS declined to say how much it pays FedEx annually.

....another crap shoot at the expense of labor. I am uncertain about the Teamster areas because it is going to hit the "remotes" and the ICs who kept those areas. More work may be coming to a facility to you couriers.
How was the race? 500 too far away? IC area? lol

My $150 a year that we will get each year From the DHL@home agreement will put a lot of gas in my tank at $4.20 a gal.If I have a non-work related injury or illness the $150 will not be a great safety net or benefit.Does DHL have plans to divert freight through the USPS?

The way I am reading this is that DHL will divert freight from the closed terminals to either FedEx or the post office. More details tomorrow....