German Hermes to enter mail delivery market 2008
German logistics services provider Hermes Logistik Gruppe, a subsidiary of the local mail order company Otto GmbH, plans to enter the German mail delivery market due to be liberalised in 2008, the company’s CEO, Hanjo Schneider, said.
Hermes will charge between 10 pct and 15 pct below the tariffs of current monopoly Deutsche Post, Schneider added.
As from January 1, 2008, the Hamburg-based company will offer, through mail delivery firm Europost which it co-owns, a nationwide mail delivery network with own mailboxes at its 11,000 outlets.
Currently, Hermes (www.hermes-logistik-gruppe.de) competes with Deutsche Post on the market for package deliveries for private clients. The company plans to triple its share on the private clients market to 15 pct by the end of 2005, Schneider said.
