Deutsche Post World Net in talks for logistics outsourcing contracts

DPWN: Logistics Outsourcing Contracts
November 14, 2001 — “German postal and logistics giant Deutsche Post World
Net is in negotiations with several large industrial firms over logistics
outsourcing contracts, chief executive Klaus Zumwinkel told Reuters on
Wednesday.” The article states: “Zumwinkel declined to name the companies
involved but said he was particularly interested in Europe and in the
automotive, information technology and trade sectors. The Deutsche Post
chief executive reiterated that he remained interested in expanding the
group’s activities through acquisitions. ‘There are very many opportunities
on the table at present and they cover the whole world,’ he said. Logistics
subsidiary Danzas announced earlier on Wednesday that it was buying Austrian
transport group Cargoplan/Cargoline, with annual sales of 80 million euros,
to expand its business in Austria and eastern Europe. Zumwinkel also
repeated forecasts made last week that Deutsche Post aimed to increase
profits and sales by five percent this year. No predictions about 2002 could
be made until early next year once it was clear how the fourth quarter of
2001 had gone, he added.”

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