Deutsche Post looking to outsource income
Deutsche Post is in negotiations with several large industrial firms over logistics outsourcing contracts, chairman of the board of management Klaus Zumwinkel said.
Read MoreTag: Deutsche Post World Net
DPWN: Global Acquisition Plans on Hold
Deutsche Post (G.DPW) intends to postpone acquisitions plans in the U.S., Europe, and Asia as a result of increased risks caused by the Sept. 11 attacks in the U.S., Chief Executive Klaus Zumwinkel tells Tagespiegel.
Read MoreDeutsche Post World Net in talks for logistics outsourcing contracts
German postal and logistics giant Deutsche Post World
Net is in negotiations with several large industrial firms over logistics
outsourcing contracts, chief executive Klaus Zumwinkel told Reuters on
Wednesday.” The article states: “Zumwinkel declined to name the companies
involved but said he was particularly interested in Europe and in the
automotive, information technology and trade sectors. The Deutsche Post
chief executive reiterated that he remained interested in expanding the
group’s activities through acquisitions. ‘There are very many opportunities
on the table at present and they cover the whole world,’ he said. Logistics
subsidiary Danzas announced earlier on Wednesday that it was buying Austrian
transport group Cargoplan/Cargoline, with annual sales of 80 million euros,
to expand its business in Austria and eastern Europe. Zumwinkel also
repeated forecasts made last week that Deutsche Post aimed to increase
profits and sales by five percent this year. No predictions about 2002 could
be made until early next year once it was clear how the fourth quarter of
2001 had gone, he added.”
DPWN Grows U.S. Air Express Network?
October 18, 2001 — Paul Needham, Reuters: “Deutsche Post World Net is looking at strengthening its presence in the U.S. air express market to complete the formation of its global express network, a board member told Reuters on Thursday. ‘We cannot operate this worldwide air express network without a strong U.S. presence. How this can be organised is something we are looking into,’ said Peter Kruse, board member for European express services while at the German logistics conference in Berlin. Kruse declined to comment on reports in German media that Deutsche Post was interested in acquiring listed transport company Airborne Express , the third-largest domestic air express transport operator in the U.S. after UPS and FedEx . Earlier on Thursday Deutsche Post CEO Klaus Zumwinkel described the reports as ‘speculation’ which had been circulating for 12 months or more. Airborne Express has also declined to comment on possible Deutsche Post interest.
Read MoreDeutsche Post World Net, Lufthansa: New Outsourcing Subsidiary
October 18, 2001 — “Deutsche Post World Net and Lufthansa Cargo AG have set up a new subsidiary under the name XPL to market complete logistics outsourcing services to major customers, Deutsche Post board member Peter Kruse said on Thursday. The new company was majority-owned by logistics division Danzas while DHL International, Deutsche Post Euro Express and Lufthansa Cargo shared the remaining ownership, he told Reuters in an interview at the German logistics congress in Berlin. Headed by Danzas business development director Mike Proffitt, XPL would offer so-called fourth-party logistics (4PL) solutions beyond mere transport services to large firms with complex logistics requirements, he said. This supply chain management company was an example of co-operation between the Deutsche Post group and Lufthansa Cargo under their strategic alliance signed last year, he added. Addressing a news conference earlier, Kruse, in charge of European express services, said Deutsche Post and air express firm DHL International, in which it holds 51 percent, were already increasing operational co-operation and would shortly consider how to cross-sell products of both the Deutsche Post Euro Express parcels network and DHL Worldwide Express services. The DHL European overland service Europolitan, for example, had used the Deutsche Post Euro Express network since this September, he added.”
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