Stock Market News

DHL to withdraw from domestic Russia transportation services

2022.07.29 13:14

DHL to withdraw from domestic Russia transportation services
FILE PHOTO: DHL sign is seen at Riga International Airport, Latvia July 21, 2022. REUTERS/Ints Kalnins

MOSCOW (Reuters) – Logistics giant DHL will withdraw from all domestic transportation services within Russia from Sept. 1, the company said on Friday, blaming technical issues with IT systems and infrastructure, operational difficulties and legal constraints.

DHL, part of the Deutsche Post (OTC:DPSGY) DHL Group, halted DHL deliveries to Russia in early March.

After Sept. 1, DHL International will only provide express-delivery services from Russia to other countries, the company said.

Source

Related Articles

Leave a Reply

Back to top button