TITLE

Logistics firms merge

AUTHOR(S)
Scott, Anna
PUB. DATE
July 2007
SOURCE
People Management;7/26/2007, Vol. 13 Issue 15, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the successful merger of logistics firms DHL Solutions and Exel Supply Chain. The firms have successfully merged 18 months ahead of schedule to create a single company with more than 160,000 employees. The businesses, both owned by Deutsche Post World Net since Exel was acquired in 2005, were expected to integrate within three years. The merged firm is called DHL Logistics. Unusually, the merger has led to job gains rather than losses, with the number of employees rising to 164,000 globally.
ACCESSION #
26133418

 

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