Tag: Deutsche Post

Deutsche Post World Net launches Mail 24/7 service

Posted by | Jan 13, 2008 | |

In Berlin, the first so-called Mail 24/7 was put into operation today. This service island combines self-service options in a modern and compact design. At Berlin Südkreuz station, an easy-to-reach location with high volumes of foot traffic, the largest of the three versions available has been set up. It consists of a cash dispensor, a printer for bank statements, a Packstation, a stamp machine and mail boxes.

A total of thirty service islands are currently installed in Berlin with a further fifteen in Bonn and fifteen in Dortmund. There are three versions of Mail 24/7: ranging from a basic solution with a parcels box, stamp machine and mail box to the premium model with all existing self-service machines. All models are characterised by their user-friendly applications and uniform design. To make the services easier to use around the clock, the units are also lit up at night time.

With what are soon to be more than 13,500 retail outlets throughout Germany, some 900 PACKSTATIONS and shortly 1,000 PARCEL BOXES, Deutsche Post World Net is miles ahead of the competition in terms of accessibility and comfort. With Mail 24/7 the largest logistics company in the world is once again expanding its range of services and so reinforcing its position as the only full-fledged universal services provider in Germany.

If the service is received positively by customers during the trial phase, Deutsche Post will also set up 24/7 service islands in other cities.

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Postal industry minimum wage to cost PIN Group up to 45 mln eur in 2008

Posted by | Jan 9, 2008 | |

The minimum wage to be brought into the postal industry, which was approved by Germany’s upper house in December, will cost PIN Group up to 45 mln eur in 2008, Chief Executive Horst Piepenburg told Die Zeit.

‘As a result of the minimum wage, costs of the PIN Group in 2008 will rise by 35-45 mln eur,’ he said.

Most of the costs are expected to be covered by a form of state reimbursement, he said.

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Italy's post office

Posted by | Jan 4, 2008 | |

Now might not be a great time to launch a financial services stock, but Italy’s national postal service — led by its booming banking unit — is gearing up for a float.

Having rewritten its history as a lethargic administration that could barely be trusted to deliver a letter in time, the post office was valued this year by investment banks at as much as 15 billion euros, said Sarmi. He declined to say which banks had provided the estimate.

That would make it Italy’s third-largest retail bank by market value at current share prices and is 50 percent higher than the estimated value Sarmi cited for the postal group more than a year ago.

And while billions have been wiped off banks’ market value globally by their loans to ‘subprime’ borrowers, analysts say the post office — which in a float would offer shares to both domestic and foreign investors — is a banking story that has succeeded by betting on the simple and safe.

Key to Poste Italiane’s business model has been a strategy of using its 14,000 outlets across Italy to offer bank accounts and loans, exploiting its reputation as a conservative player that has catered to pensioners and families for decades.

In 2006, about 67 percent of Poste Italiane’s revenue came from ventures outside mail.
“It’s not an exciting business but it’s profitable,” said Vetulli.

Poste Italiane has joined a broader trend of postal groups diversifying out of the low-margin mail business into more lucrative segments, as the rise of the Internet and email challenge the concept of traditional mail.

With banking also using electronic networks, postal groups have found it relatively easy to branch out — capitalising on numerous outlets that give them a market position other retail operators can only dream of, and an image of reliability.

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TNT to offer print management after TDG tie-up

Posted by | Jan 4, 2008 | |

TNT Post is offering print management services to its clients after signing a 12-month agreement with TDG Group.

The private-sector rival to Royal Mail will use the tie-up with the London-based firm to offer end-to-end print management services, a creative review process and environmental consultancy to direct mail clients. It will also use TDG’s services for its own print.

TNT’s agreement makes it the latest postal operator to offer some form of print management. Most notable among those who have moved into the market is Deutsche Post World Net, which in February 2006 bought a controlling stake in Williams Lea.

TNT Post has recently launched an initiative to cut its carbon emissions and TDG is hoping it can help, having recently been awarded ISO 14001 environmental management accreditation. It also has the ISO 9001 quality management stamp.

“With this agreement, we can advise TNT’s clients on how to be greener and open up a creative delivery to ensure they maximise their demands,” said Tom Gorman, TDG managing director. He added that he hoped to increase turnover from GBP 6m to GBP 8m in 2008.

A spokeswoman for TNT Post said the firm had worked with TDG in the past and the renewed link was “a great opportunity” for the firm. The group had formalised the relationship after TDG, which has recently launched a green audit for suppliers, stepped up its environmental focus.

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Deutsche Post expects sales decline in US express operations

Posted by | Jan 3, 2008 | |

Deutsche Post World Net AG is increasingly facing the impact of the US subprime crisis on the US economy in its express operations, Chief Executive Klaus Zumwinkel told Capital magazine in an interview to be published tomorrow.

He said he sees sales declining by a one-digit percentage, to which Deutsche Post will react by cutting costs and capacities.

Deutsche Post in November said it no longer expects to return to profitability in its US express operations by the end of 2009, as previously expected, but did not give a new date. It has posted unspecified losses since it entered the US express market in 2004.

Separately, Zumwinkel reiterated the German mail services company could sell off its banking unit Deutsche Postbank AG. ‘During the current year, we will consider how to proceed with Postbank,’ he said.

He said he preferred a German buyer for the bank.

‘Postbank is perfectly suited as an inexpensive and efficient platform on which the German capital market can advance,’ he said.

Meanwhile, Postbank could face further losses due to the US subprime woes, if the crisis spills over to other investment types such as equities, Zumwinkel said.

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