Tag: Deutsche Post

Deutsche Post abandons Austrian Post acquisition plans

Posted by | Apr 18, 2005 | |

German postal company Deutsche Post AG has fully given up all future plans to buy Austrian competitor Oesterreichische Post AG, Deutsche Post CEO Klaus Zumwinkel said on April 17, 2005. The decision was the result of differences in political developments, Zumwinkel added. Austria had initially planned to sell Austrian Post to a strategic partner through privatisation. Last week finance minister Karl-Heinz Grasser said it had been decided to sell the state’s minority holding in Post over the stock exchange in the spring of 2006.

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Court rules Deutsche Post should allow more mail delivery competition

Posted by | Apr 14, 2005 | |

The Higher Regional Court in the German city of Duesseldorf has upheld an earlier decision of the German anti-cartel watchdog to force Deutsche Post to allow more competitors on the mail delivery market by granting them discounts, it was reported on April 13, 2005. A spokesperson for Deutsche Post said the company will immediately take steps to conform to the court’s ruling, but will maintain legal proceedings with the Higher Regional Court against the essence of the anti-cartel watchdog’s decision. Should the court’s final decision be in favour of Deutsche Post, the company will claim back the wrongly granted discounts, the spokesperson said.

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DHL invests 100 million euros in Bremen

Posted by | Apr 12, 2005 | |

DHL is investing around 100 million euros in the logistical infrastructure at its Bremen location. In the course of these activities, about 400 new jobs will be created. The express and logistics provider, part of Deutsche Post World Net, is building a new parcel center and a new high rack warehouse. At the same time, existing logistics centers in Bremen will be extensively modernized. This was announced today at a press conference given by Dr. Peter Kruse, member of the Board of Management of Deutsche Post World Net responsible for the express business in Germany and Europe, together with Dr. Peter Gloystein, Mayor of Bremen and Senator for Finance and Ports. As Kruse explained: “Bremen will become one of the most modern locations within the DHL network. Our customers will benefit from further improvements in service quality.”

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German Deutsche Post to strengthen logistics division

Posted by | Apr 12, 2005 | |

Deutsche Post AG is looking for acquisitions in the Asian and American region in line with the strategy to strengthen its logistics business, Frank Appel, member of the management board, said on April 12, 2005.
Deutsche Post’s DHL Danzas Air & Ocean unit in the Asia-Pacific region and German logistics company DHL Solutions are the two subsidies to profit the most from the expansion strategy. Deutsche Post aims to be market leader in air and marine cargo freight as well as to be among the top 3 in contract logistics.
The group’s logistics business reported a 15.4 pct year-on-year increase in sales to 6.8 bln euro (USD8.79 bln) in 2004. Danzas generated some 4.9 bln euro (USD6.33 bln) of them while DHL Solutions sales accounted for 1.8 bln euro (USD2.33 bln). The earnings before interest and tax (EBIT) rose to 281 mln euro (USD363.1 mln), compared to 206 mln euro (USD266.2 mln) in 2003.

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DHL given lead role in setting up GCC-wide Emirate

Posted by | Apr 11, 2005 | |

The Deutsche Post World Net subsidiary revealed that it had agreed to partner Dubai Customs in implementing the pilot programme that will lead to the full-blown GCC system. The Dubai project is expected to lead to full e-clearance in the Emirate within the next 18 months and the possibility that shipments could be cleared even before they enter port.

Phil Couchman, DHL’s Director for the Middle East, said: ‘We are in the process of helping to adapt the system to the needs of all of the GCC countries. Progress has been extremely promising.

DHL, the region’s leading express and logistics supplier, has announced that it will play an imperative role in the introduction of a GCC-wide system of digitalised e-clearance that will allow shipments to be cleared through customs within seconds.

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