Tag: DHL Express

Deutsche Post studying restructuring

Posted by | Jan 25, 2008 | |

Deutsche Post is considering its options for retail bank Postbank and its loss-making DHL Express unit in the United States but has not reached any decisions, a source close to the supervisory board told Reuters on Friday.

“There are considerations, but no decisions yet,” the person said. A second source familiar with the matter confirmed this.

Deutsche Post is exploring ways to stem losses from DHL in the United States, where economic weakness has stalled its recovery as it tries to take on dominant domestic rivals UPS and FedEx.

The company said this week it would write down around 600 million euros (USD879 million) on the value of the business after previously abandoning a target to break even at DHL in the United States in 2009.

And Deutsche Post’s chief executive, Klaus Zumwinkel, has said the role of Postbank in the group could be considered following the deregulation of the German mail market at the start of 2008. Many banks are interested, Zumwinkel told analysts in November.
His comments have been taken as a signal in the market that the bank would be sold.

The Financial Times Deutschland said on Friday that Postbank would be merged with another bank and not sold, while Post is in talks with FedEx about the U.S. package delivery business.

Teaming up with FedEx in the domestic U.S. business whilst offering FedEx a joint venture in Europe to enable it to deepen its presence could be the “most elegant solution for the massive profitability problems of DHL in the U.S.”, ING analysts wrote.

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DHL Express expands Swedish consumer parcel network

Posted by | Jan 14, 2008 | |

DHL Express Sweden has expanded its recently-created network of 1,100 Servicepoints for consumer parcel services through an agreement with Scandinavian retail group Reitan Servicehandel. The expanded service is a key part of DHL Express Nordic’s strategy for 2008.

Under the deal, Swedish consumers and SMEs will be able to drop off or pick up their parcels at DHL Servicepoints within 7-Eleven stores and Pressbyran newspaper kiosks and shops located across the country, DHL Express Sweden said in a statement.

Reitan Servicehandel operates 72 7-Eleven shops in Sweden in Stockholm, Gothenburg, Helsingborg and Malmo, while there are 318 Pressbyran outlets across the country attracting some 1.4 million customer visits a week, according to the group’s website.

DHL Express already has a network of 1,100 Servicepoints in Sweden operated as shop-in-shop services under contracts with a wide range of retailers. Private customers can hand in or collect their parcels at the Servicepoints.

Consumers sending parcels can book the shipment with DHL online and receive a shipment number to attach to the parcel. Payment is made directly to the retailer. Customers receiving parcels are informed by SMS or e-mail that their item is ready for collection.

The expanded service is a key part of DHL Express Nordic’s strategy for 2008 to strengthen its leading position in the region, said Martin Södergård, managing director of DHL Express Nordic.

The key aims were to intensify customer dialogue and make DHL Express more attractive as a potential partner by investing in service and improving access to products. “For me the Nordic region is a very exciting region because we have the chance to offer our customers a comprehensive product portfolio,” he commented. DHL Express Nordic, with 6,000 employees, covers Denmark, Norway, Sweden, Finland and the three Baltic states.

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DHL announce that KEBA will install a further 1500 Packstations

Posted by | Oct 3, 2007 | |

Andrej Busch, Member of the Board, DHL Germany, announced the installation of another 1,500 PACKSTATIONS additional to the existing 850 systems in Germany. The supplier for the systems is the Austrian company KEBA again. The world market leader KEBA has installations of similar systems in Austria, Norway and Qatar.

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DHL Express disposes of two subsidiaries to Austrian Post

Posted by | Aug 9, 2007 | |

DHL Express has reached an agreement to sell its Dutch subsidiary Dedicated Distribution Services (DDS) and its Belgian subsidiary Van Osselaer Pieters Colli Service (VOP) to Österreichische Post AG (ÖPAG), the Austrian post office. The transaction is a further step in DHL’s strategy to optimize the strategic synergies within the EXPRESS organization and thus to maximize shareholder value. The transaction will not have any effect on the services provided to existing customers.

“It is our explicit strategy within DHL EXPRESS Global to focus on core express products and services. Our primary focus is to ensure that our businesses are synergistic. This means putting emphasis on systematized products with similar features, standard shipment characteristic and high quality levels. This will ensure that we significantly enhance the quality of our offering and provide increased benefits to customers and other stakeholders. This divestment program is an important step to bring healthy returns on capital employed”, said John Mullen, CEO of DHL EXPRESS Global and Member of the Board of Management at Deutsche Post World Net.

After transferring the DHL Freight business from EXPRESS to LOGISTICS in 2006 and integrating the standard Parcel business in Germany into the MAIL division, the current sale of the two Benelux subsidiaries is another milestone in DHL’s strategic approach to simplify its business processes and to increase the transparency of its product offerings.

The parties have agreed not to disclose the value of the transactions.

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Tan moving up at DHL Express

Posted by | Jul 25, 2007 | |

Dennis Tan, chief financial officer of DHL Express Singapore, has been appointed senior vice-president and head of global express controlling at DHL Express.

He will report to Oliver Gritz, CFO of DHL Express, and his areas of responsibility include financial reporting and planning, costing and transfer pricing, IT controlling as well as the newly created positions for marketing and sales controlling and ground operations controlling.

Tan has been instrumental in managing and leading various key projects such as the integration of financial reporting systems in the region, as well as the implementation of the new regional business planning software.

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