Tag: Courier/Express/Parcels

Wulf von Schimmelmann announces his resignation at Postbank and Deutsche Post

Posted by | Mar 12, 2007 | |

Wulf von Schimmelmann is exercising his contractual right to resign from his positions as Chairman of the Deutsche Postbank AG Management Board and as Management Board member at Deutsche Post AG as of June 30, 2007. The Executive Committees of Postbank and Deutsche Post deeply regret this move. They would like to express their thanks for the outstanding entrepreneurial contribution made by Schimmelmann in Postbank’s development as Germany’s leading retail bank and a successful DAX company.
The Executive Committees today resolved to propose Wolfgang Klein as the successor for both offices to the Supervisory Boards. To date, he has been the Postbank Board Member in the private customer segment responsible for products and mobile sales.
Under von Schimmelmann’s aegis, since 1999, Postbank has grown to become the largest retail bank in Germany with almost 15 million customers, has established a successful transaction banking arm, acquired DSL Bank and the BHW Group, integrated 850 Deutsche Post branches and has been listed in the DAX since 2006. Since its IPO in 2004, the price of Postbank shares has more than doubled.

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Crittenden withdraws as nominee for UPS Board

Posted by | Mar 9, 2007 | |

The Board of Directors of UPS announced that Gary L. Crittenden, who will become the chief financial officer of Citigroup on March 12, has withdrawn his name for election to the UPS Board.

On Feb. 14, the UPS Board announced it had nominated Crittenden to stand for election as a new director at the company’s annual shareowners meeting in May. At that time, Crittenden was the chief financial officer of the American Express Co. He subsequently agreed to become CFO of Citigroup and under Citigroup policy, senior executives may only serve on one outside board.

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DHL demos RFID-enabled delivery van

Posted by | Mar 8, 2007 | |

DHL has unveiled a prototype of an RFID-enabled van using software and hardware provided by SAVR Communications. The company developed the van to show existing and future customers how RFID technology can benefit them, as well as independent contractors and DHL itself in tracking the movement of vehicles and the individual packages they transport. However, the prototype has not been field-tested.

The prototype DHL van, which had been under development for the past few months, comes equipped with an RFID interrogator and antennas for locating an RFID-tagged package within the van, as well as a GPS device for monitoring the location of the van across its delivery route.

The current prototype van comes equipped with a SAVR UHF Gen 2 RFID interrogator complying with the ISO 18000-6C standard, and seven antennas installed throughout the interior of the van. They capture the RFID number of each tag on a package as it is loaded into the van and send that number to the reader. Antennas then automatically capture the number again when the package is removed. With SAVR software, DHL’s back-end system would be able to determine whether the package is being loaded or removed based on which antenna (such as the antenna in the back of the vehicle or by the door) captures the package’s RFID tag number.

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DHL looks to expand overseas shipments from the U.S.

Posted by | Mar 8, 2007 | |

Deutsche Post’s DHL is looking to expand overseas shipments from the United States, a senior U.S. manager said.

James Cameron, executive vice president of operations, said Plantation-based DHL has posted a ”slight uptick” in U.S. package volume. However, he added, DHL doesn’t necessarily want to be as big in the United States as FedEx and UPS. ”The scope of what we have is nowhere near the two big giants in the U.S.,” said Cameron.

DHL, a unit of Deutsche Post, Europe’s largest postal service, has spent more than $2 billion in the United States since 2003. DHL said in December it didn’t expect to break even in the United States until 2009.

DHL held about 2 percent of the U.S. ground delivery market at the end of 2006, with UPS controlling 68 percent and FedEx with 18 percent, according to Rick Paterson, an analyst with UBS Investment Research in New York. The U.S. Postal Service and other firms have the rest.

Deutsche Post, based in Bonn, labeled DHL’s U.S. unit its ”weakest performer” in December.

”DHL just does not compete with FedEx and UPS when it comes to service and reliability,” Daniel Ortwerth, an Edward Jones & Co. analyst in St. Louis, said. “The U.S. customer just does not tolerate that.”

Satish Jindel, president of Pittsburgh-based SJ Consulting, said he expects DHL to stick with its strategy of retaining the business it has already won in U.S. ground shipping for at least the next two years, until it is profitable.

DHL’s U.S. division has more than 21,000 employees and contracts for its air lift with closely held Astar Air Cargo, based in Miami, and ABX Air, based in Wilmington, Ohio. As a foreign-owned company, DHL is prohibited from owning a U.S. airline.

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Support for UK's Post Office gets Brussels approval

Posted by | Mar 8, 2007 | |

A total of GBP313 million of support from the UK government has been authorised by the European Commission in accordance with the EC Treatys rules on state aid.

This is to allow Post Office limited to continue to provide public services for the financial year 2007/08. These include an increasing range of commercial services such as lottery tickets, foreign exchange, telephone and insurance products as well as cash facilities, bill payment, licensing and, of course, Royal Mail, the UKs main postal services provider.

Public services are a vital part of the European economy, and the Commission recognises their importance, said EU Competition Commissioner Neelie Kroes. Aid can therefore be approved where the amount is strictly limited to what is necessary to cover the costs of public service obligations.

In 2003, the Commission approved a system whereby losses incurred by the entirely state-owned company in providing public service would be covered by government funds and in December 2006, the UK announced the intention to extend this for another year. The amount notified for the financial year beginning 1 April 2007 is GBP313 million (USD460 million).

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