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German Deutsche Post may enter Austrian mail market

Deutsche Post may enter the Austrian mail market when it is fully liberalised in 2009, company CEO Klaus Zumwinkel said on March 14, 2006. Deutsche Post, which had sought a minority stake in Austrian postal company Oesterreichische Post two year ago, would be interested in the mail business only in Vienna and its surroundings, Zumwinkel added. Deutsche Post has a workforce of 1,200 in Austria, where it generates 320 mln euro (USD384.9 mln) in revenue a year.

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DHL names new head of Express France

Stéphane Corthier has been appointed managing director of DHL Express France in place of Olivier Diehl, who has left the company. Corthier had been head of sales, marketing and customer service for DHL Express France since 2003, and previously held the same post at Ducros Euro Express, the express firm acquired by Deutsche Post World Net.

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Postcomm confirms price and service quality controls for UK Royal Mail

Following consultation on its final proposals, issued in December 2005, Postcomm has made only very limited modifications to Royal Mail’s price and service quality controls that will apply for the four year period commencing 3 April 2006. Accordingly, retail stamp prices can go up by no more than 2p this year (to 32p for first class, and 23p for second class). The modifications reflect feedback from stakeholders during the consultation period. These are now subject only to agreement with Royal Mail and to the statutory 28-day process required under the Postal Services Act. The changes Postcomm is making to the December proposals are designed to strengthen customer protection against Royal Mail’s dominant position and to provide further safeguards for the “one price goes anywhere” universal service.

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Posten acquires Strålfors

Posten has made a cash offer to the shareholders of Strålfors to acquire the entire outstanding share capital. Strålfors’ Board of Directors has unanimously recommended the Offer. Marianne Nivert, Chairman of the Board of Posten, comments the Offer: “The acquisition provides both companies with a strategic operational platform for growth and development on a market characterised by increased competition and globalisation. The ability to develop electronic and physical flows of messages also strengthens Posten’s ability to successfully fulfil its important public service assignment.”

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UK Royal Mail Group Postal workers may deliver on new strike vote

Disgruntled postal workers are to consult union members at Royal Mail to discuss the possibility of threatening a further strike.

Royal Mail said this morning that it has not received any official notification of a ballot for industrial action from members of the Communications and Workers’ Union (CWU).

But there are fears that the shaky truce between Royal Mail and postal staff, who returned to work following an unofficial 18 day walk-out last month, could collapse amid repeated claims of discrimination and harassment.

A meeting between union officials and members was held last night in a bid to iron out workers’ grievances and to weigh up support for industrial action.

CWU Belfast branch secretary, Eoin Davey, said members expressed anger that “local management are not honouring promises and commitments made which ended the dispute”.

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Deutsche Post hit by weak DHL Express US prospects

Deutsche Post, forecast flat operating profit for 2006 on Tuesday and gave a weak oulook for its DHL express division that sent shares sliding. The group said it expected 2006 operating profit at the express division to be unchanged from 2005, before an impairment loss on goodwill that brought the divisions profit down to just 11m last year. Shares fell 4.9 per cent to 21.65. Deutsche Post has grown through acquisitions, including of DHL and Airborne in 2002, to be the worlds largest logistics company. But it faces tough competition in the US from dominant rivals FedEx and UPS, and last month abandoned a target for DHLs US package delivery business to break even by the end of the year.

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Deutsche Post Posts Gain in 4Q Earnings

Deutsche Post AG, parent of the DHL express-delivery service, has said its fourth-quarter profit rose 25 percent but warned its operating profit likely would be flat this year because of the costs of integrating recent acquisitions.

Bonn, Germany-based Deutsche Post, which is the world’s largest global delivery company, earned 891 million euros (USD1.06 billion) in the quarter that ended Dec. 31, compared with 708 million euros in the year-ago period. The earnings mirrored the preliminary figures it released last month. Sales rose 5 percent to 12.08 billion euros (USD14.4 billion).

For the year, net profit rose 40 percent to 2.24 billion euros (USD2.67 billion) from 1.6 billion euros, while sales rose 3.3 percent to 44.59 billion euros (USD53.2 billion) from 43.17 billion euros.

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