Year: 2004

NZ Post-DHL link annoys other rivals

State-owned New Zealand Post has spurned rivals to sell its courier businesses into a joint venture with Deutsche Post-owned DHL. The sale was condemned as a partial privatisation of a state business without a contestable process to find out if anyone else wanted to pay more. New Zealand-owned Freightways was annoyed that it did not get a look in despite asking for the chance several times. Also excluded was Toll Holdings of Australia, which has started a small courier business in New Zealand to exploit cross-selling opportunities from its road and rail businesses. “We just wanted a level playing field,” said Dean Bracewell, managing director of Freightways. He condemned yesterday’s deal as lacking transparency – no financial details were disclosed. Toll chief financial officer Neil Chatfield said the company was disappointed it did not get an opportunity to be involved. He said it was a strange way to sell a public asset.

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Deutsche Post expanding onto French mail market with acquisition of French mail service provider Koba

Deutsche Post has acquired a majority share of the French mail service provider Koba with headquarters in Chilly-Mazarin near Paris. With this acquisition, Deutsche Post is consistently pursuing the strategic expansion of its activities on domestic mail markets and is establishing an excellent starting platform for entry onto the French mail market. Koba is the leading specialist for direct marketing and mail solutions in France. Klaus Knappik, Chairman of the Mail International Divisional Board at Deutsche Post World Net, says: “The acquisition of Koba is yet another milestone in our international mail strategy, which enables us to offer our customers high-quality mail services in France.”

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Deutsche Post to sell Trans-o-Flex stake after ruling

Deutsche Post AG plans to sell its 24.8 percent stake in the Trans-o-flex Schnell Lieferdienst GmbH parcel sorting company after a German court blocked the purchase on antitrust concerns. Deutsche Post bought the Trans-o-flex holding in July 1997 and four years later asked Germany’s Cartel Office for permission to buy the remainder from Bayerische Landesbank. Deutsche Post went to court after regulators rejected the proposal in 2001. Germany’s Federal Court of Justice in Karlsruhe in a ruling today confirmed a lower court decision blocking the takeover. “After the decision of the Federal Court of Justice, the company will continue with its good cooperation with trans-o- flex,” Bonn-based Deutsche Post said in a faxed statement today. “The extent of the cooperation will be decided on a case-by-case basis.”

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UPS completes purchase of Menlo Worldwide Forwarding

UPS today announced it had completed the purchase of Menlo Worldwide Forwarding, Inc., formerly a subsidiary of CNF Inc. “Menlo Worldwide Forwarding’s capabilities complement UPS’s ability to manage customers’ shipments of any size, anywhere and in virtually any time frame,” said Bob Stoffel, UPS senior vice president, Supply Chain Group. Menlo Worldwide Forwarding services soon will be sold under the UPS brand, he added.

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CEO stands down as Target hits new highs

Paul Murray is standing down as CEO of express delivery company Target after exactly seven years in the role. Chief operating officer Petar Cvetkovic, appointed two-anda-half years ago, will replace him but Murray will stay with the business full-time for a fourmonth handover period. He will continue long-term two days a week as a non-executive director, helping to shape the future strategy of “a company I have so much affection for”.

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Steps taken to resolve An Post crisis

Communications Minister Noel Dempsey stepped in last night to try to resolve the growing crisis at An Post. Only days after more than 4,000 postal sorters rejected a proposed 5.35pc pay deal in return for cuts in jobs and overtime, the minister met with management and the Communications Workers Union in Dublin. In a pre-Christmas plea, Mr Dempsey urged both sides to work in partnership to overcome their current difficulties and “plan for the future of the company”

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Chairman plans shake up of French postal system

Jean-Paul Bailly, chairman of La Poste, intends to overhaul the country’s postal system to bring it up to par with the needs of 21st-century France. Mr Bailly plans to bring more work to underused branches, including the assumption of some local-government functions or sale of tennis-court reservations or train tickets. Through the reforms, the La Poste chairman is seeking to upgrade mail service, create ties with small businesses and boost revenue from financial services.

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NZ Post and DHL join forces for new international service

New Zealand Post and the international freight firm DHL have formed a joint venture which they say will offer far better service to burgeoning markets such as South East Asia, China, Japan and India. The 50/50 joint venture is for the express and logistics business of New Zealand Post’s Express Couriers Ltd, which includes the brands CourierPost, Pace!, Skyroad and Contract Logistics, and road and air line haul operations. New Zealand Post Chief Executive, John Allen said working with DHL would allow them to offer a more comprehensive service to New Zealand businesses in the local and international markets. He said the new operation could offer a service which was uniquely attractive to New Zealand businesses.

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