Lex: Deutsche Post
Further share issue?
Read MoreYear: 2001
GSG AG and Deutsche Post World Net (DPWN)
GSG AG and Deutsche Post World Net (DPWN) are planning to cooperate. The international German consultancy and IT systems company Gaschka Systematics Group AG (GSG), Düsseldorf, and Deutsche Post AG, Bonn (Germany), have signed a three-year contract stating that they will cooperate in the consultancy area and in the concept development of comprehensive IT services.
Read MoreRail plan benefits British ports
Britain’s Strategic Rail Authority this week called for improved rail links to the main container ports of Felixstowe and Southampton as part of a $5.8 billion investment program to shift traffic from trucks to rails.
Read MoreFedEx cuts profit outlook again
Citing “deteriorating economic conditions,” FedEx Corp. on Monday warned for the second time in five weeks that its earnings for its fiscal fourth quarter will fall below earlier forecast.
Read MorePanalpina eyeing acquisitions, alliances
Panalpina Group saw gross revenue rise by more than 26% in 2000 to 6.9 billion Swiss francs (about $4 billion), while its net income increased by the same percentage, to about $55 million. Panalpina chief executive Bruno Sidler said they favored an “organic growth” expansion strategy instead of the acquisition strategy of one of their main competitors, Danzas AG. But Fischer said he “would not exclude the possibility of a carefully selected acquisition or alliance to improve our market position”
Read MorePresort makes room to move more mail
Presort makes room to move more mail
Read MorePost Office turns against rail
Post Office turns against rail: ‘Catastrophically late’ first class mail may be moved back to road or air
Read MorePost Office turns against rail. 'Catastrophically late' first class mail may be moved back to road or air
The Post Office last night threatened to remove first class mail from rail and put it on the roads or even in the air because of a failure by the rail industry to help deliver millions of first class letters on time.
The PO said it would take action unless the situation dramatically improved. Most of the 8m first class letters carried by rail each day are “catastrophically late” and there is little sign of improvement.
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