Tag: Deutsche Post

Germany to end monopoly in letter delivery-media

Posted by | Dec 26, 2004 | |

Germany does not plan to extend Deutsche Post’s monopoly for delivering standard letters beyond the monopoly’s current expiration date in 2007, a magazine reported on Sunday. The government does not think it is necessary to extend the monopoly, which keeps Post’s rivals including United Parcel Service, FedEx and its European peers from collecting and sorting letters of up to 50 grams, German newsweekly Focus reported. The magazine cited as its source a statement drafted by the government in reply to the German postal service regulator’s annual report. Neither document has yet been made public.

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Deutsche Post’s DHL to handle US Postal Service’s packages to Germany

Posted by | Dec 23, 2004 | |

Deutsche Post World Net AG said its express mail courier DHL has agreed to transport 600,000 packages per year to Germany for the US Postal Service, beginning in January. No financial details were disclosed. Deutsche Post said the new contract will create 20 new jobs in its international mail centre at Frankfurt airport and 20 in its package centre in Saulheim in the German state of Rhineland Palatinate. US Postal Service’s packages to Germany were previously handled by General Logistics Systems.

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KarstadtQuelle in exclusive talks with Deutsche Post on logistics ops

Posted by | Dec 22, 2004 | |

KarstadtQuelle AG is now in exclusive talks with Deutsche Post World Net AG to sell its logistics operations, Die Welt newspaper reported, citing no sources.
The parts Deutsche Post hopes to acquire are the troubled German retailer’s two package delivery centres, in Frankfurt and Leipzig, its warehousing operations and the business of supplying its department stores. Meanwhile, KarstadtQuelle is in exclusive talks with privately-owned transportation company Fiege to deliver large goods such as refrigerators or furniture to customers. The newspaper said according to industry estimates, KarstadtQuelle is asking for 1 bln eur for its entire logistics operations.

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Deutsche Post expanding onto French mail market with acquisition of French mail service provider Koba

Posted by | Dec 21, 2004 | |

Deutsche Post has acquired a majority share of the French mail service provider Koba with headquarters in Chilly-Mazarin near Paris. With this acquisition, Deutsche Post is consistently pursuing the strategic expansion of its activities on domestic mail markets and is establishing an excellent starting platform for entry onto the French mail market. Koba is the leading specialist for direct marketing and mail solutions in France. Klaus Knappik, Chairman of the Mail International Divisional Board at Deutsche Post World Net, says: “The acquisition of Koba is yet another milestone in our international mail strategy, which enables us to offer our customers high-quality mail services in France.”

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Deutsche Post to sell Trans-o-Flex stake after ruling

Posted by | Dec 21, 2004 | |

Deutsche Post AG plans to sell its 24.8 percent stake in the Trans-o-flex Schnell Lieferdienst GmbH parcel sorting company after a German court blocked the purchase on antitrust concerns. Deutsche Post bought the Trans-o-flex holding in July 1997 and four years later asked Germany’s Cartel Office for permission to buy the remainder from Bayerische Landesbank. Deutsche Post went to court after regulators rejected the proposal in 2001. Germany’s Federal Court of Justice in Karlsruhe in a ruling today confirmed a lower court decision blocking the takeover. “After the decision of the Federal Court of Justice, the company will continue with its good cooperation with trans-o- flex,” Bonn-based Deutsche Post said in a faxed statement today. “The extent of the cooperation will be decided on a case-by-case basis.”

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