DHL's Future as MLB Sponsor Cloudy After Exiting From U.S. Express-Delivery Market

Could DHL's sponsorship agreementwith MLB be in jeopardy going forwarddue to the economic downturn?DHL and representatives from Major League Baseball are slated to meet regarding the future of DHL's sponsorship plans after company withdrew its U.S. express-delivery unit. The move comes amidst the continued downturn in the economy and competition with UPS for the U.S. domestic delivery service. As reported by Bloomberg News, the talks appear to be centered on the future, not current plans between DHL and MLB: "As we do with all of our partners, we stay abreast of their business situations and how it relates to our partnerships,'' league spokesman Matt Bourne said. "We're discussing DHL's situation with them.''DHL said it will continue its MLB partnerships even after it fired 14,900 workers and closed three-quarters of its outlets because it failed to compete with United Parcel Service Inc. and FedEx Corp. in the U.S. It will only focus on in...