DHL Withdraws From US Domestic Freight

Deutsche Post, the owner of DHL, plans to drastically reduce its US domestic airfreight services from January 2009, lowering its annual operating costs from $5.4billion to under $1billion. DHL Express will close all its ground hubs and reduce its number of stations from 412 to 103, resulting in 9,500 jobs being lost on top of the 5,400 which went in January 2008.
Freight carriers ASTAR Air Cargo and ABX Air will be most affected by the reductions. ASTAR operates largely for DHL, most of its fleet of six Airbus A300s, eight Douglas DC-8s and 29 Boeing 727s wearing full DHL colours. ABX Air employs a large fleet of DC-8s, DC-9s and B767s.