France’s La Poste wants to double int’l package delivery ops by end-2006
France’s state-owned La Poste mail carrier wants to double the size of its DPD international package delivery business by the end of next year by expanding its network of partners worldwide, Claude Begle, head of the unit, told the Financial Times Deutschland.
‘Our goal is to double the size of our business by the end of 2006,’ Begle told the Financial Times Deutschland.
‘In order to do this we will build up a worldwide package delivery network together with partners on four continents.’
The newspaper also said that the decision to expand DPD outside of Europe represents a radical shift in La Poste’s strategy. Previously, La Poste saw DPD as primarily a European company.
The Financial Times Deutschland said the expansion will put pressure on rivals such as Deutsche Post AG’s DHL delivery service and Fedex Corp.
In addition to its international expansion, DPD wants to keep growing in Europe through acquisitions. La Poste has granted DPD 300 mln eur per year through 2008 in order to purchase other companies, Begle said.
‘We need to improve our coverage in Europe,’ Begle said. ‘We will buy more companies here.’
