DHL Announces Organizational Changes in U.S. Operations.Business Editors PLANTATION Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. , Fla.--(BUSINESS WIRE)--Sept. 2, 2003 DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature today announced organizational changes that represent a key step toward building a more efficient and competitive infrastructure for its U.S. operations following the close of the company's acquisition of Airborne. Effective immediately, pick up and delivery services previously handled by 169 of DHL's nationwide service centers will be transitioned to couriers currently servicing the Airborne delivery network. Impacted DHL employees will continue to be paid and receive benefits through October 31, 2003, and will receive severance packages A severance package is pay and benefits an employee receives when they leave employment at a company. In addition to the employee's remaining regular pay, it may include some of the following:
"While the decision to reorganize re·or·gan·ize v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es v.tr. To organize again or anew. v.intr. To undergo or effect changes in organization. these operations was a difficult one, it is an important step as we seek to create a more effective, streamlined organization that eliminates overlap," said John Fellows, Chief Executive Officer of DHL Holdings (USA), Inc. "By transferring our pick up and delivery operations, we are establishing a more efficient and robust infrastructure, which will translate into a stronger platform for future growth. As we move forward with the integration process, it is essential that we take the best practices from each company -- both from an economic and operational perspective -- to ensure that we position ourselves as a strong and effective competitor." Fellows continued, "Though the combination of two large organizations like ours is always a complex process, we feel it is in the long-term best interests of our employees and other stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. for us to move swiftly and decisively as we integrate the two companies. Our goal is to grow DHL's business in the U.S., which will ultimately create opportunities for our employees. Customers can also be confident that they will continue to receive the same high levels of service that they have come to expect from us throughout the integration process." About DHL DHL is the world's leading express and logistics company offering customers innovative and customized solutions from a single source. With global expertise in solutions, express, air and ocean freight and overland o·ver·land adj. Accomplished, traversing, or passing over the land instead of the ocean: an overland journey; an overland route. adv. transport, DHL combines worldwide coverage with an in-depth understanding of local markets. DHL's harmonized har·mo·nize v. har·mo·nized, har·mo·niz·ing, har·mo·niz·es v.tr. 1. To bring or come into agreement or harmony. See Synonyms at agree. 2. Music To provide harmony for (a melody). international network links more than 220 countries and territories worldwide. DHL continues to be at the forefront of technology and, with over 170,000 dedicated employees, guarantees fast and reliable services aimed at exceeding customers' expectations. Based in Brussels, Belgium, DHL is 100% owned by Deutsche Post Deutsche Post AG (ISIN: DE0005552004, LSE: DPO) is a German post, logistics and courier headquartered in Bonn, previously the German state-owned mail monopoly. It has 520,000 employees in more than 220 countries and territories worldwide and generated revenue of € 60. World Net. |
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