Tag: Deutsche Post

Hermes-Logistik to compete with Deutsche Post

Hermes-Logistik, the logistics subsidiary of German-based company Otto, the world’s largest mail order group, is determined to extend its parcel forwarding services before Christmas. The company, which already forwards a third of all parcels sent from businesses to customers, will thus become a fierce competitor of Deutsche Post, Germany’s postal service operator. Hermes will start offering its logistics services to private customers at its more than 9,000 branches across Germany. The subsidiary of Otto, which will also offer to pick up parcels from the homes of private customers, has not yet commented on the prices of its new services.

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Deutsche Post to raise its parcels postage charge

Deutsche Post, the German post service, is raising its postage charge for parcels as a result of the toll on heavy goods vehicles which is to be introduced on November 2. These changes will initially only affect private customers, although the toll will be taken into account when the next price change for branch customers is introduced. An additional charge of 8cents per package is already being planned for commercial express and parcel deliveries. There is to be no change at present in the cost of sending letters.

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Deutsche Post Fears $2.2Bln Loss in EU

Deutsche Post said Friday that it may lose 2 billion euros ($2.2 billion) of sales in its domestic mail business once full European liberalization came into force, but said it would be offset by expansion into other markets. Hans-Dieter Petram, head of the Deutsche Post World Net’s mail division, said there could be a drop of 20 percent in the unit’s revenues once other companies were allowed to compete freely for postal services in Germany in the next several years. “I believe it can be maximum — at the end of the decade — round about 20 percent,” he said at an analysts’ conference in Bonn, adding that this is a “worst case scenario.”

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Deutsche Post chief sees company fully privatised in next four years

Deutsche Post chairman Klaus Zumwinkel said in a magazine interview released Wednesday that he expects the semi-public German postal authority to be fully privatised within the next four years.

“I could well imagine the state cutting its stake to zero by 2007,” the expected date for the full liberalisation of letter-delivery services throughout the whole of Europe, Zumwinkel told the latest edition of the fortnightly magazine Capital.

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Deutsche Post to raise package prices

Deutsche Post is to raise prices for packages by 8 cents per shipment as it anticipates a European Union decision to charge trucks toll rates. The price hikes come into play as of September on the companys national, international, Europremium, Express Paket, Officepack and Express Brief services.

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