Year: 2005

Deutsche Post board member Appel says DHL seeks US, Asian acquisitions

Deutsche Post World Net AG board member Frank Appel told Die Welt in an interview to appear in tomorrow’s edition that its DHL unit wants to make acquisition in order to expand its logistics operations in the US and Asia.

‘We are talking about small to mid-sized companies with sales between 10-150 mln eur,’ Appel told the newspaper.
However, in Eastern Europe DHL wants to grow organically, he said.

Appel declined to comment on whether Deutsche Post wants to acquire UK logistics company Exel PLC.

‘That rumour has already been around for three years,’ Appel said. ‘I don’t know who keeps bringing that up.’

Appel confirmed that Deutsche Post is in talks to buy the remainder of KarstadtQuelle AG’s logistics operations.

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UK Postcomm consults on change to Mail Plus licence

Postcomm today issued a consultation notice proposing a change to the postal services licence held by Mail Plus Limited (subsidiary of La Poste France). The company has requested the change, which would enable it to provide mailroom services for customers. In practice, this means it could carry mail within and between customers’ premises, and also transport it to or from other licensed operators’ premises.
Mail Plus was granted its existing licence on 17 February 2005. That enables it to handle bulk mailings of over 4,000 items, and to “consolidate” mail.

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Belgian Post to sell postage stamps online

Belgian postal services company De Post/La Poste plans to launch online sales of postage stamps, it was reported on May 3, 2005. De Post/La Poste’s new service will allow customers to order postage stamps online and to print them.

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ANALYSIS: Stapleton stands firm over postal wrangles

Recent weeks have seen bitter complaints levelled at Postcomm by Royal Mail, Postwatch and direct marketers alike. So chairman Nigel Stapleton has a tough job trying to find some middle ground. Sebastian Burford reports

By anyone’s standards, Postcomm chairman Nigel Stapleton has had a turbulent few weeks. After squaring up to discontented direct marketers at the recent pricing in proportion (PIP) summit (PM last week), this week began with accusations from Postwatch. The postal watchdog claimed the regulator’s tardy introduction of a liberalised market has skewered Royal Mail’s performance targets and amounted to deliberate “misleading”.

The week ends with Stapleton in a war of words over Postcomm’s call for a domestic price freeze until 2010, which Royal Mail’s chairman Allan Leighton has called a “blueprint for the service’s inexorable decline”. Meanwhile, the dust has yet to settle on Royal Mail’s non-payment of compensation for missing the performance targets from the last Postcomm review.

When Stapleton took over the Postcomm chair from Graham Corbett in November 2003, could he have predicted such a rough ride?

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Postcomm’s Stapleton blasts ‘laughable’ UK Royal Mail GBP2bn loss claim

Postcomm chairman Nigel Stapleton has dismissed as “laughable” Royal Mail’s claim that its proposed price freeze will slash GBP2bn off the company’s market value. The regulator’s review of price and service regulations for 2006 has ignited the row, by ruling Royal Mail cannot raise prices by more than 3 per cent until 2010. Royal Mail chairman Allan Leighton says the document is a “blueprint for Royal Mail’s inexorable decline”. Stapleton has countered by accusing the state-owned company of consistently “crying wolf” at proposals. “It thought the last price control was Draconian, and has outperformed it by nearly 100 per cent in profit terms,” he says.

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FedEx grants USD32m in options to executives

FedEx Corp. granted its Chairman, President and Chief Executive Officer Frederick W. Smith 250,000 stock options on June 1 with an exercise price of USD89.70 each, according to a federal filing late Thursday. David J. Bronczek, head of FedEx Express, and other officers were granted a total of 114,750 options at the same price. Kenneth Masterson, the company’s former general counsel, retired June 1 and entered into a two-year consulting agreement that includes tickets to Memphis Grizzlies games, a USD65,000 golf club membership and a gift from FedEx of a USD28,347 John Deere tractor . Shares of FedEx rose USD1.06 to USD91.25 Thursday.

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New Zealand joint venture launches new brand

One of the biggest rebranding exercises undertaken in the transport sector is under way to coincide with the Lions rugby tour.

Express Couriers, the joint venture formed between Deutsche Post-owned DHL and New Zealand Post’s courier business, is adopting the DHL yellow but keeping the CourierPost, Pace and Contract Logistics brands. The Skyroad Express courier brand is being rolled into the CourierPost brand.

The rebranding involves ordering 2500 polo shirts, 900 shorts, 900 vests, 900 polar fleeces and 900 track pants and painting 750 vans and 40 trucks.

Courier Express chief executive Jim Quinn did not say how much the bill b was, but he said the rebranding was always contemplated when the joint venture was set up, and its execution deliberately coincided with the Lions tour.

DHL’s profile is raised during the tour as it is a sponsor.

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