May 12, 2001 |
The Transportation Department rejected efforts by United Parcel Service Inc. and FedEx Corp. that challenged the legality of rival DHL Airways Inc. and DHL Worldwide Express Inc. to compete for business. United Parcel and FedEx filed a complaint with the department in January, saying DHL Airways' owners violate a U.S. law that limits foreign ownership of a U.S.-based airline to 25%. The department said it found no reason to launch a formal inquiry of the cargo carrier's citizenship.
August 5, 1999 |
DHL International Ltd. said it's talking with Boeing Co. and Airbus Industrie about an order worth $1.3 billion for about 45 planes for use in Europe and Africa. The delivery service company, part of closely held DHL Worldwide Express, expects to make a decision by next month on the aircraft purchase, which would be the largest in its 30-year history. The planes would replace DHL's fleet of Boeing 727s and Airbus A-300s.
October 2, 1999 |
DHL International Ltd. plans to announce an order for at least 34 Boeing 757s converted from passenger to cargo use, making the delivery company Boeing Co.'s first customer for the conversion program, people familiar with the order said. DHL, based in Redwood City, Calif., said only that it will spend $1.3 billion on planes for use in Europe and Africa, which would make it the biggest aircraft purchase in its 30-year history. DHL said it will disclose details of the order Tuesday.
February 9, 1991 |
It is a jet-age pony express, ducking Scud missile attacks to get parcels to businessmen when even the post office is closed. Toting gas masks and antidotes for Iraq's poison gas, drivers for DHL International thread their way daily through Saudi Arabia's sun-baked Eastern Province, close to the front lines of the Persian Gulf War. It is a tricky business. Air raid warnings have delayed cargo-laden DHL turboprops headed for outlying towns.
August 31, 1997 |
Driver Li Jing Chun, a wiry 28-year-old with a passion for jazz, has listened religiously to "Goat City Radio Station, FM 105.2" since joining air express giant DHL earlier this year. Far from easy listening, this is on-air chaos, providing regular updates on the latest automobile pileup, sewer backup or errant farm animals plaguing drivers in this southern China industrial capital long known in the West as Canton.
May 22, 2003 |
Privately held air cargo shipper DHL Airways said a group of U.S. investors led by its chairman would buy all of the company's outstanding shares to help quell concerns over its ownership. Chairman and Chief Executive John Dasburg, along with Richard C. Blum of San Francisco's Blum Capital Partners and other U.S. investors, will buy the DHL Airways shares Dasburg does not already own from Idaho investor William Robinson and from DHL Holdings for $57 million. Dasburg now has a 5% stake.