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Deutsche Post DHL seeks cost reduction at post, parcels division

Deutsche Post DHL seeks cost reduction at post, parcels division

Tue, May 08, 2018

German postal and logistics group Deutsche Post DHL Group is working on ways to cut costs at its post and parcels division after it missed first-quarter profit expectations. The group said on Tuesday that profit in its post-eCommerce-parcels (PeP) division was hit by higher staff and transport costs.

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