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DHL CDR (CAD Hedged)
Symbol DHL
Shares Issued 60,000
Close 2025-06-18 C$ 11.94
Market Cap C$ 716,400
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Globe/CP say DHL Express Canada halting operations

2025-06-18 07:03 ET - In the News

The Globe and Mail reports in its Wednesday, June 18, edition that DHL Express Canada will halt operations this week due to a strike and lockout involving 2,100 truck drivers and other workers, affecting thousands of daily deliveries starting Friday. A Canadian Press dispatch to The Globe reports that DHL will cease receiving inbound packages from abroad on Tuesday at 9 p.m. as an impasse continues between the two sides. DHL will halt thousands of daily deliveries starting Friday -- the same day that federal legislation (Bill C-58) banning replacement workers takes full effect. On June 8, the German-owned carrier said it was rolling out a "contingency plan" that allowed it to keep serving its more than 50,000 customers. At the time DHL said it did not expect "significant disruptions" to its service. Unifor, which represents DHL truck drivers, couriers, and warehouse and call centre employees, had warned against any steps to supplant unionized workers with temporary ones, with president Lana Payne saying the move would impose a chill on contract talks. Unifor's bargaining committee said, "We will not be intimidated by the company's threats to disrupt service or shut down operations."

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