Deutsche Post says no decision yet on domestic parcel delivery price cuts
Deutsche Post AG has yet to make a decision on the amount by which it will cut prices for domestic parcel delivery, a company spokesman told Handelsblatt.
Separately, industry sources told the newspaper Deutsche Post will reduce delivery prices for 3 kg packages to 3.90 eur from 4.30 eur.
The sources did not state when the price reductions would take effect.
April 5, 2006 — Handelsblatt has reported that “Deutsche Post, the German national postal services provider, is planning to slash postage on small parcels for private customers in Germany. Sources close to the company report that postage will be reduced by 10 per cent, from 4.30 euros to around 3.90 euros. This new lower price matches that offered by Hermes, Deutsche Post’s main rival in the market. Hermes has succeeded in taking market share off the former monopolist with low-cost offers to private customers.”
Deutsche Post plans major price reductions on parcels
HANDELSBLATT European Intelligence Wire, p 16 04-05-2006
Deutsche Post, the German national postal services provider, is planning to slash postage on small parcels for private customers in Germany. Sources close to the company report that postage will be reduced by 10 per cent, from 4.30 euros to around 3.90 euros. This new lower price matches that offered by Hermes, Deutsche Post’s main rival in the market. Hermes has succeeded in taking market share off the former monopolist with low-cost offers to private customers.
A spokesperson for Deutsche Post said that a decision had not yet been taken on price reductions, but that an announcement could be expected in the coming weeks. The postal group is also planning to cut postage for larger parcels and offer improved services. The German association for postal services and telecommunications (DVPT) believes that Deutsche Post should offer insurance and tracking services for small parcels in the future, as is already the case with larger parcels.
Original article by Axel Granzow
Abstracted from Handelsblatt
