Hermes-Logistik to compete with Deutsche Post
Hermes-Logistik, the logistics subsidiary of German-based company Otto, the world’s largest mail order group, is determined to extend its parcel forwarding services before Christmas. The company, which already forwards a third of all parcels sent from businesses to customers, will thus become a fierce competitor of Deutsche Post, Germany’s postal service operator. Hermes will start offering its logistics services to private customers at its more than 9,000 branches across Germany. The subsidiary of Otto, which will also offer to pick up parcels from the homes of private customers, has not yet commented on the prices of its new services.
