Tag: Courier/Express/Parcels

Statement of the Supervisory Board of Deutsche Post AG

Posted by | Feb 18, 2008 | |

At its meeting in Bonn today, the Supervisory Board of Deutsche Post AG accepted the decision of Klaus Zumwinkel (64) to resign from his office as Chief Executive Officer of Deutsche Post AG.

The Supervisory Board expresses its thanks to Klaus Zumwinkel for the successful entrepreneurial leadership in the past 18 years and for his outstanding achievements in creating the world’s leading logistics group.

The Supervisory Board unanimously appointed Frank Appel (46) as Chief Executive Officer of Deutsche Post AG, taking effect immediately. His contract runs until October 31, 2012.

Appel has been a member of the Board of Management since 2002 and is in charge of the Corporate Division LOGISTICS, for MAIL International, for regulation management as well as the cross-divisional responsibility for the Group’s 100 largest customers (Global Customer Solutions).

The Supervisory Board also agreed to extend the contract of Chief Financial Officer John Allan (59) by two years until the end of 2010.

Read More

DHL’s 'Airport to Door Express' in Sri Lanka

Posted by | Feb 17, 2008 | |

DHL announced the launch of Airport to Door Express in Sri Lanka, a service which combines the ease-of-use and speed advantage of DHL’s industry-leading service with the transportation requirements of importers under traditional shipping terms.
This new DHL service, which has been traditionally offered by freight forwarders only up till now, will bring added value to this industry segment and will be available in 13 countries covering over 50 key receiving centres in Asia Pacific, the company said.
“DHL aims to reach out to businesses that have the need to use traditional freight forwarding services, but who seek to reduce the complexities and inconveniences of international shipping processes,” said Martin Dudek, Country Manager, DHL Express Sri Lanka.
With the Airport to Door Express service, DHL aims to tap into an industry segment that is estimated to account for 50 pct of the total cross-border airfreight market in Asia Pacific.
Customers who pay for their freight costs within a non-integrated transport chain will enjoy the simplicity and control of one point of contact, one fixed price and one invoice for all their import requirements, aligned to their preferred Incoterms. They will also benefit from market-leading transit times of only one to two days for intra-Asia shipments, DHL’s expert customs clearance and 24-hour tracking services.

Read More

Deutsche Post chief to quit amid tax-dodge probe

Posted by | Feb 15, 2008 | |

Klaus Zumwinkel will resign as chief executive of German mail and logistics group Deutsche Post, the company said on Friday, as a tax-dodging probe threatened to ensnare more rich Germans.

The 64-year-old, a pillar of Germany’s corporate establishment who has led Deutsche Post for 18 years, came under pressure to go after prosecutors said they suspected him of dodging about 1 million euros (USD 1.5 million) in taxes by transferring money to tax haven Liechtenstein.

“In the interest of the company he will resign” on Monday, Deutsche Post said in a brief statement on its Web site. “The executive committee respects this decision and proposes to the supervisory board to accept.”

Finance Minister Peer Steinbrueck told reporters Zumwinkel had admitted evading taxes. A spokesman for his ministry told a news conference that any others who thought they could be implicated in the probe should consider turning themselves in.

German Chancellor Angela Merkel said his departure from Deutsche Post was unavoidable, while Steinbrueck said the probe had caused considerable “moral damage”. The state is Deutsche Post’s biggest shareholder with a 31 percent stake.
Zumwinkel could not be reached by Reuters for comment.

However, commenting on his plans to resign as Deutsche Post chief, he told newspaper Bild: “I wanted to usher in a new era, but with a different changeover than has happened now.”

Zumwinkel said he would work closely with the authorities, telling Bild: “I will take an
active role in clarifying the questions about my private finances.”
Hundreds more rich and prominent Germans faced a visit from police as part of the sweeping probe into offshore accounts.

Read More

Deutsche Post: Statement of the Executive Committee of the Supervisory Board

Posted by | Feb 15, 2008 | |

The Executive Committee of the Supervisory Board of Deutsche Post AG today has discussed the investigation into private matters of Klaus Zumwinkel.

Klaus Zumwinkel has informed the committee that in the interest of the company he will resign from his offices as Chairman of the Board of Management of Deutsche Post AG and Chairman of the Supervisory Board of Deutsche Postbank AG at the next meeting of the Supervisory Board.

The Executive Committee respects this decision and proposes to the Supervisory Board to accept the decision in the near future.

The Executive Committee expresses its thanks to Klaus Zumwinkel for the successful entrepreneurial leadership in the past 18 years and for his outstanding achievements in creating the world’s leading logistics Group.

Read More

Mory Group: Press release from Alain Breau

Posted by | Feb 14, 2008 | |

The negotiations that were engaged a few weeks ago with a stranger company, concerning the MORY TEAM messagerie network, will not bring to an accord on a juridical or financial aspect, as both parties did not reach an agreement on these points.

The company strategy for developing, performing and remaining independent will hence be pursued through a common agreement between its CEO Alain BREAU, its financial partners Bridgepoint and Barclays, and operational management (regional managers and subsidiary managers), that will be associated to MORY TEAM capital, in the scope of an increase of the capital cover of this company, which is the main subsidiary of MORY holding.

MORY GROUP specifies that the various operations that happened in 2006 and 2007 allowed it to increase its capital cover by 22 pct, reaching now 61 million euros.
The gearing (total debts (including LBO senior debt) / capital cover) has increased in the meantime from 1,52 pct to 54 pct.

The Administration Board confirmed its full confidence in the MORY GROUP future, which doubled its size between 1999 and 2007, and which is now directly settled in 15 European countries, North Africa and Central Asia.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest