D.Post says DHL U.S. talks with UPS going well

DUESSELDORF, Germany, Sept 4 (Reuters) - German mail and logistics group Deutsche Post (DPWGn.DE) said it was making progress in talks with rival UPS (UPS.N) as part of a $2 billion restructuring of its loss-making DHL Express unit in the U.S.

Deutsche Post said in May it hoped to conclude a deal for UPS to haul DHL's express, deferred and international packages within the United States and between the U.S., Canada and Mexico by the end of August.

Germany's Financial Times Deutschland newspaper reported that it could take Post two more months to reach a deal.

A Deutsche Post spokeswoman said the companies just had to iron out some details as part of the 10-year agreement, designed to help Post stem losses at the DHL U.S. business. (Reporting by Matthias Inverardi, editing by Will Waterman)