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DHL CDR (CAD Hedged)
Symbol DHL
Shares Issued 60,000
Close 2025-06-06 C$ 11.94
Market Cap C$ 716,400
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Globe says DHL Express locks out workers

2025-06-09 09:25 ET - In the News

The Globe and Mail reports in its Monday, June 9, edition that the union representing DHL Express Canada workers has announced a lockout amid a contract dispute affecting parcel delivery across the country. The Globe's Sara Mojtehedzadeh writes that Unifor, Canada's largest private-sector union, states that 2,100 truck drivers, couriers and warehouse workers were locked out just after midnight on Sunday following failed negotiations. The union responded with a strike, criticizing DHL's proposed changes to compensation that would lead to "more work for less pay." Unifor also opposes the company's plans to use replacement workers before new legislation banning their use takes effect on June 20, calling it an attempt to undermine the upcoming law. DHL spokesman Pamela Duque Rai said the company has negotiated with the union in good faith, including by offering a 15-per-cent wage increase over five years, but she said the two sides made too little progress to forge a new contract. DHL has said it does not expect significant disruptions to its services. DHL Express Canada has 50,000 customers across the country, including Temu, SHEIN, Lululemon and Siemens Canada, according to a Unifor statement.

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