Hermes Versand, the postal service operator owned by German mail order group Otto, is to set up 10 parcel machines in Hamburg, Munich and Dusseldorf together with its co-operation partner Siemens, the German technologies group, and will thus intensify its competition with Deutsche Post, Germany’s leading postal service operator and former monopoly.
Read MoreAltadis SA affiliate Cia de Distribucion Integral Logista SA said it has reached a preliminary agreement to acquire La Poste Group’s Geopost Logistics Holding (GLH) for 12.8 mln eur.
In a statement, Logista said the acquisition is subject to regulatory approval and the ‘execution of the share purchase agreement’.
Read MoreUPS has reported an 18.2percent gain in net income for the second quarter on a 7.8percent increase in revenue with strong growth in its global small package business. In addition, the company raised its future guidance and expects full year 2004 earnings growth to approach 20percent.
Previously, the company’s guidance called for 2004 earnings at the upper end of a 12-to-18percent range.
Read MoreDHL, the world’s leading express delivery and logistics company, today announced a two-year partnership with the Miami Dolphins and Pro Player Stadium that will extend through the completion of the 2005 football season. The partnership positions DHL as a major sponsor of both the team and the stadium, and features a series of initiatives and projects that will enhance the synergy between all three South Florida organisations.
Read MoreKnowledgeNet, the worldwide leader in live learning, has announced that DHL, the world’s leading express and logistics company, has signed a contract for unlimited access to a complete expert-led training schedule for online technology and business skills training. DHL has consolidated all IT functions across the Americas into one global data center, its Americas Information Services Center (AMIS) in Scottsdale, Arizona.
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