Tag: Deutsche Post World Net

Deutsche Post rivals threaten to sue govt over minimum wages

Posted by | Mar 12, 2008 | |

Deutsche Post World Net AG postal services rivals said they are considering suing the government for damages arising from a directive imposing minimum wages for all letter carriers, Frankfurter Allgemeine Zeitung said.

The paper said Axel Guenther, a lawyer for the the Courier, Express and Mail Services Industry Association (BdKEP), has notified German Labour Minister Olaf Scholz about the plans.

BdKEP demanded that Scholz reverse the directive and threatened to sue should this not happen.

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US integrators boost air freight services outside home turf

Posted by | Jan 28, 2008 | |

UPS and FedEx have expanded their air freight services, predominantly in Asia. Rival DHL, meanwhile, is facing calls for a retreat from the US.

FedEx is out to get a larger share of the intra-Asian air freight market. On January 10, the integrator launched an economy door-to-door service for shipments between 10 markets in the region as well as for exports from these areas to North America and Europe.

The new “International Economy” offering is a day-definite product with transit times that are typically one or two days longer than the FedEx’s premium service. On intra-Asian legs, this means usually two business days, whereas shipments to the US or major European centres take three to four business days on average.

At this point, the service is available in Australia, mainland China, Hong Kong, Japan, South Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand. In March, FedEx plans to extend it to Indonesia, the Philippines and Vietnam.

Small to medium-sized companies are the main target group of the new offering. According to the integrator, the product addresses the needs of customers in Asia who look primarily for reliability and cost efficiency.

Individual packages must weigh 68 kilos or less, but there are no weight restrictions on multi-piece shipments. The service includes Customs clearance and a money-back guarantee.

UPS has overhauled its international air freight portfolio, with the emphasis on markets outside its US home turf. The new line-up, which features three products, is a move to integrate the company’s air freight services into a single portfolio along the lines of its express parcel set-up.

Rival DHL is facing a bigger challenge to get its house in order, according to major Wall Street firms. Over the past couple of months, Bear Stearns and Morgan Stanley both released studies that characterised the express outfit’s foray into the US market as a loss-making disaster with no black figures in sight.

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Deutsche Post World Net and HP sign letter of intent to transfer global IT functions

Posted by | Jan 24, 2008 | |

Deutsche Post World Net and HP today announced that they have signed a letter of intent to transfer responsibility for parts of Deutsche Post World Net’s global IT operations to HP Services.

Under the terms of the agreement, Deutsche Post World Net expects to save at least 1 billion euros over the next seven years by driving down overall IT costs and better leveraging IT resources needed to run the business and service customers. The companies expect to reach a definitive agreement by mid 2008.

If an agreement is reached, HP would take over the approximately 2,500 employees who currently provide the services for Deutsche Post World Net’s data center operations – including information & data management, infrastructure & network management, and application management. Specifically this would cover IT operations in Prague, the Czech Republic, Scottsdale, Arizona, and Cyberjaya, Malaysia, as well as in a number of European countries.

All applications used by Deutsche Post World Net customers will continue to be designed, developed and governed internally, including IT security standards and their implementation. Deutsche Post World Net will also retain the Professional Services and Customer Integration Supply Management components of its IT Services unit, including project management, project consulting, application development and deployment services, as well as electronic data integration for its messaging and supply chain programs.

Managing and transforming IT infrastructures and data centers are core competences of HP, not only at customers but also within the company. HP has distinctive knowledge and experience in transforming IT environments to support Deutsche Post World Net for better business outcomes.

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Deutsche Post World Net: Business on track in 2007

Posted by | Nov 8, 2007 | |

Deutsche Post World Net completed the first nine months of the year according to plan. Once again, all divisions contributed to the 5.3 percent increase in revenue to 46.5 billion euros. At 2.5 billion euros, EBIT was slightly below last year’s level, which included non-recurring gains totaling 375 million euros. Excluding these non-recurring gains, the underlying EBIT rose about 10 percent. The strongest earnings growth was achieved by the LOGISTICS and EXPRESS divisions.

“The first nine months of the year were right on target,” Chairman and Chief Executive Officer Klaus Zumwinkel said at a press conference in Frankfurt. “We succeeded in our efforts to further increase the profitability of the EXPRESS business; and the LOGISTICS division has also made positive strides in terms of growth and new customers.” In addition to that, FINANCIAL SERVICES with Deutsche Postbank had a strong quarter and recorded a substantial increase in profit despite the turbulences in the financial markets.

All in all, Deutsche Post World Net now expects EBIT excluding non-recurring effects of around 3.7 billion euros for the full year of 2007, slightly more than the at least 3.6 billion euros forecast earlier. Therefore, the management board will propose to raise the dividend for 2007 by 20 percent to 90 cents per share from 75 cents per share.

As part of its capital markets program also presented today, Deutsche Post World Net plans to change the way it will report its business prospects in the future. Deutsche Post World Net will communicate specific earnings targets for the following year.For 2008, the Group expects EBIT to rise 14 percent to around 4.2 billion euros.

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Deutsche Post to introduce electronic forwarding for German corporate mail

Posted by | Oct 23, 2007 | |

Deutsche Post World Net AG plans to implement the business model of its UK unit Williams Lea in Germany under which it scans and electronically forwards corporate customers’ mail, said chief executive Klaus Zumwinkel.

Zumwinkel told Focus Money in an interview to be published tomorrow that the new offering will be part of the in-house service Deutsche Post operates for corporate customers.

Deutsche Post is under pressure to commit corporate customers to its services as its monopoly on mail below 50g ends Jan 1, 2008.

Meanwhile, Zumwinkel declined to rule out extending his contract as CEO which ends in Nov 2008. According to press reports, it is believed his successor is already being lined up.

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