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Friday, August 08, 2008

DHL deal gone sour haunts McCain in Ohio By Bob Drogin Los Angeles Times Staff Writer August 8, 2008

"Houghtaling first warned McCain of the pending catastrophe July 9 when he campaigned nearby. The candidate vowed to return and bring help." AND "Never before have so many people been abandoned at once," said Houghtaling, who runs a local hospice. "It is inconceivable to think about losing 10,000 jobs in the first wave, and the estimates run in the 30,000 range as the wave continues."

GOOGLE: Postal News from January 2003 "Under the deal, DHL Worldwide, which is owned by German Postal Service Deutsche..... Susan Collins (R-ME), chairman of the Senate Committee on Governmental ... - 219k - Cached - Similar pages

March 2003 TIMELINE...

March 24, 2003 -- "....a report in the Monday edition of Wall Street Journal Europe said that Deutsche Post was preparing to buy the ground network of US company Airborne Inc, for slightly more than one billion dollars."

March 24, 2003 -- "...The move by DHL Worldwide Express, a subsidiary of Deutsche Post, is likely to provoke strong opposition from rivals FedEx and United Parcel Service,..."

March 24, 2003 -- "...Airborne's air operations would become an independent public company that would continue to be wholly owned by Airborne's current shareholders..." AND "...If an agreement is reached, it will be subject to a number of conditions, including stockholder and regulatory approvals..."

March 25, 2003 -- "It's official. Airborne, Inc. and DHL announced today that they have entered into a definitive merger agreement that will create a stronger third competitor in the U.S..."

March 26, 2003 -- ", ....the German postal operator closed a hole in its ability to deliver ground packages in the US and caught up with United Parcel Service and FedEx, two of its fiercest rivals...."

March 26, 2003 -- "...The International Brotherhood of Teamsters is closely monitoring the deal to ensure that the members' rights are protected..."

March 26, 2003 -- "The latest update on the politics of H.R. 735 and the latest tally of its congressional supporters have been posted on this site."

GOOGLE: [PDF] Legislative Bulletin………………………...………….….………April 3, 2003File Format: PDF/Adobe Acrobat - View as HTML
April 3, 2003. Contents:. H.R. 735—Postal Civil Service Retirement System Funding Reform Act. H.R. 735—Postal Civil Service Retirement System Funding Reform ... - Similar pages -

March 26, 2003 -- "...claiming it is really just an arm of the German government. DHL operates its American hub from the Cincinnati/Northern Kentucky International Airport..."

March 27, 2003 -- "...reported that "United Parcel Service Inc. asked the government on Wednesday to investigate the planned acquisition of Airborne Inc..."

March 28, 2003 -- "...and giving its flourishing logistics arm a seamless air-freight connection to North America through its Dutch-based subsidiary, DHL Worldwide Express, the company announced..."

March 28, 2003 -- "...FedEx and UPS have argued for two years to U.S. regulators that DHL Worldwide effectively controls DHL Airways in violation of U.S. ownership limitations on foreigners..."

March 28, 2003 -- "...the new DHL in the United States will substantially increase competition in the US market, i.e. shippers will have additional choices..."

March 28, 2003 -- "...In filings with the Department of Transportation, the cargo carriers charged that Deutsche Post and its DHL Worldwide Inc. unit would effectively control Airborne's air operations despite plans to..."

March 31, 2003 -- "...Also in question: whether Deutsche Post and its U.S. unit, DHL Worldwide Express, can structure the deal to avoid a U.S. ban on..."

March 31, 2003 -- "...Morgan Stanley analyst James Valentine estimates the combined company would have less than 10 percent of the domestic express-parcel market, while together UPS and FedEx still would have more than 80 percent of the market..."

McCain had role in original Wilmington DHL deal by Stephen Koff at August 05, 2008

"At the time of the merger, no one anticipated an impact on jobs in Wilmington," McCain spokesman Brian Rogers said."

McCain and his job-killing machine Reidblog [The Reid Report blog]Thursday, August 07, 2008

"A leaked memo from the McCain campaign suggests the campaign intends to paint Barack Obama as a "job killing machine." Well pot ... let me introduce you to kettle..."

McCain Tied to Job-Killing Ohio Merger by Seth Michaels AFLCIO August 7, 2008

McCain calls for probe of company he once aided By BETH FOUHY Associated Press Writer Thursday August 07, 2008

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