Tag: Courier/Express/Parcels

TNT In-night comes under German management

TNT has transferred its night express business TNT In-night from the Logistics division to TNT Express Germany and named a new management team for the business. The move is part of the plan to dispose of TNT Logistics during 2006.
TNT In-night will in future be part of TNT Express Germany under the management of CEO Donald Pilz. Thomas Kraus had been appointed chairman of TNT In-night Holding GmbH with Mark Fonseca as managing director for Back Office Services, TNT Express Germany said in a statement. Both managers would remain part of the overall management of TNT Express Germany.

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Deutsche Post CEO Zumwinkel mulls acquisitions in China for DHL unit

Deutsche Post AG chief executive Klaus Zumwinkel told Handelsblatt economic daily that the company could seek to expand its DHL logistics operations in China via acquisitions. ‘If there is an attractive takeover target there, then we will take a close look at it,’ Zumwinkel told the newspaper. He also said that DHL wants to increase sales in China by 30-35 pct per year. DHL has a 40 pct share of the Chinese logistics and express mail market.

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Deutsche Post plans no large acquisitions – CEO

German postal service group Deutsche Post AG has no plans for large acquisitions in the next two years, but is always in search for ones under 250 mln euro (USD305.9 mln), CEO Klaus Zumwinkel said on April 17, 2006. Deutsche Post is interested in smaller acquisitions in the mail business outside Germany, or deals in Asia, Zumwinkel said. “Asia is the growth market,” he said. “But China is a test case to sustain growth. Personally, I expect a lot from China,” he said

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Portugal CTT Expresso best European express mail operator

CTT Expresso, a subsidiary of Portugal’s postal operator CTT-Correios de Portugal, has been awarded as the best express mail service operator in Europe, Portuguese economic news portal Agencia Financeira reported on April 17, 2006.
CTT Expresso received the silver certificate in the EMS Certification Awards, which are annually organised by EMS Cooperative, an association created by the United Nations (UN) as part of the Universal Postal Union project. CTT Expresso is considered also the 11th best performing express mail operator worldwide among a total 196 sector companies.

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French GeoPost to invest 25 Mln Euro in Polish subsidiary

French courier service provider GeoPost, a subsidiary of French postal service company La Poste, plans to invest 25 mln euro (USD30.6 mln) in its wholly-owned Polish subsidiary, courier service firm Masterlink. The three-year investment programme is in line with GeoPost’s strategy of strengthening its position on the Polish market. It includes purchasing land plots, expanding its network across the country, constructing parcel-sorting centres and renovating existing offices. The company also plans ro deploy new IT systems and employ a further 1,000 in the next three years.

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