Royal Mail is pursuing its complaint against Deutsche Post over alleged surcharges on international bulk mail, even though the two Post offices have resolved their dispute. http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT36NFGSIEC&live=true&tagid
Read MoreAgence France has reported that “investor interest in the flotation of the German post office, Deutsche Post, has dwindled.” Only eight percent of those polled by market research institute Institut fuer Sozialforsch the proportion of investors who hoped to buy additional Deutsche Post shares after the initial allocation had shrunk to five percent from nine percent.The flotation of Deutsche Post on November 20 was originally expected to be one of the biggest listings in Europe this year.
Read MoreAccording to one opinion writer in the Financial Times, “Deutsche Post’s high-spending acquisition spree is designed to turn the German post office into a large global logistics player. It is the talk of the industry, yet the company’s chief executive, Klaus Zumwinkel, unexpectedly concedes that the calibre of his added-value logistics offering might not measure up to the competition.”
Read MoreDeutsche Post has 10.2 billion euros turnover from mail, and 24% of all west European mail markets. It leads German and European express markets and is second to USPS in international mail. (full stats) http://www.amma.org/public/2000/whosonfirst.htm
Read MorePundits suspect Deutsche Post will buy Lufthansa Cargo in its next deal and could also make another US acquisition. http://www.aircargoworld.com/feat/feature3.htm
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