DHL & New Zealand’s NZ Post to start joint venture

Deutsche Post World Net AG’s express mail courier DHL is close to launching a joint venture with New Zealand’s NZ Post, Die Welt newspaper reported. It said DHL’s new head John Mullen – who replaced Uwe Doerken three weeks ago – hopes to complete the deal by the end of the year. New Zealand-Australian express mail has a sales potential of about 185 mln aud per year.

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