Deutsche Postbank reports improving results
Chairman of the management board Stefan Jütte has expressed his confidence that Deutsche Postbank will record a net profit in its 2010 annual results.
Read MoreTag: German Post Office
German Post Office has taken next steps in the "European Parcel War"
The MRU Consultancy (Germany) has reported that the German Post Office has taken next steps in the “European Parcel War”. Just a few days after the acquisition of part of the parcel network of competitor DPD, Post Office subsidiary German Parcel allegedly presented an offer to another DPD-Franchisee, the Hellmann Group of Partners. Hellmann, the biggest DPD-partner, is running six depots in the northern part of Germany and their parcel business is said to be nearly twice that of Dachser, which was acquired by GP just one week ago. An internal source mentioned that GP is willing to pay more than EUR 200 mio. for the acquisition; that will mean a price about 30% higher than was paid to Dachser. “If this rumor proves to be true,” MRU sources said, “the pressure on La Poste will continue to grow.”
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.