ATLANTA — UPS Inc. said Friday that talks with DHL about carrying some of its air packages have ended, scuttling a venture that originally was expected to generate up to $1 billion in annual revenue for the world’s largest shipping carrier.
Spokesman Norman Black told The Associated Press that the two companies agreed to terminate their negotiations.
But the move was expected by many analysts after DHL decided that it would no longer offer U.S. domestic-only air and ground services.
Although it had said its international shipping to and from the U.S. would continue, the cutbacks in its U.S. operations meant that any deal with UPS would have been greatly scaled back.
"We have not been able to come to a conclusive agreement that is acceptable to both parties,” DHL said in a statement.
DHL spokesman Jonathan Baker said that for now his company will continue to use its existing providers, principally ABX Air and ASTAR Air Cargo, to provide the airlift services UPS had wanted to take over. Baker declined to discuss any potential agreements with other providers.
by the associated press
Spokesman Norman Black told The Associated Press that the two companies agreed to terminate their negotiations.
But the move was expected by many analysts after DHL decided that it would no longer offer U.S. domestic-only air and ground services.
Although it had said its international shipping to and from the U.S. would continue, the cutbacks in its U.S. operations meant that any deal with UPS would have been greatly scaled back.
"We have not been able to come to a conclusive agreement that is acceptable to both parties,” DHL said in a statement.
DHL spokesman Jonathan Baker said that for now his company will continue to use its existing providers, principally ABX Air and ASTAR Air Cargo, to provide the airlift services UPS had wanted to take over. Baker declined to discuss any potential agreements with other providers.
by the associated press
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