Numbers game by DHL?

August 21, 2008

Source: Wilmington News Journal

By GARY HUFFENBERGER

DHL has responded to published comments of Clinton County Commissioner Randy Riley in which he said he does not believe the large dollar figures the company claims it is losing in its U.S. operations. On Wednesday evening, Riley, in turn, discussed the company response.

In an e-mailed statement to the Wilmington News Journal, DHL said, “As both DHL Express CEO John Mullen and DPWN CEO Frank Appel have stated in direct address to the DPWN investor community, DHL posted a loss of approximately $900 million in its USA Express operations in 2007 and projects a loss of $1.3 billion for the Express operations in 2008.”


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