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TRUCKING COMMENTS * USA - Deutsche Post Chief Defends DHL-UPS Air Deal
Germany -Wall Street Journal/ Transport Topìcs -14 Aug 2008: -- Deutsche Post Chief Executive Officer Frank Appel defended the company’s DHL unit’s pending deal with UPS Inc. under which DHL Express would contract out its North American air operations to UPS, reported Thursday... Appel told the paper the deal was necessary to avoid huge losses at the DHL unit, which are running at $5 million a day... Congress is likely to hold hearings on the deal, prompted by concerns raised by Ohio lawmakers over the likely closing of DHL’s Wilmington, Ohio, air hub, which could lead to the loss of 8,000 jobs, the paper said... But Appel characterized the deal as critical to saving 43,000 U.S. DHL jobs and said it should not raise antitrust concerns as it would make DHL a customer of UPS, and said the deal would not be a merger, the Journal reported...
* Rearview Mirror
Newton,MA,USA -Logistics Management, by Dave Schneider -August 13, 2008: -- ... More than 1,900 trucking companies failed in the first half of this year according to Avondale Partners. The estimate was that about 88,000 trucks have left a fleet of about 2 million tractors. Do the math and that is a 4.5% reduction in capacity. While a majority of the failures were small to medium companies, Jevic Transportation and Alcan Motor Freight were not small... My bet is that by the end of Q3 another 40,000 tractors will be off the road, and if the market changes continue with the “bigs” pressing into the “smalls” territory of short haul, that number could grow higher...
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posted by Unknown @ 9:40 AM
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