Just finished reading Fred Smith’s comments on how the global recession has impacted FedEx. In news released today, Smith said that U.S. package domestic package revenue declined 15%, driven by a 12% drop in revenue per package due lower fuel surcharges, weight per package, and rate per pound. Smith goes on to say that their domestic volume decreased by 3%, which is interesting despite that fact that DHL has all but exited the U.S. market.
For more the full press release this LINK
It’s probably because most of DHL USA business goes to UPS.