Tag: DHL

Deutsche Post CEO says no rush to sell bank -paper

Deutsche Post could take its time on any decision to sell its Deutsche Postbank unit, new Post Chief Executive Frank Appel said in an interview with the Frankfurter Allgemeine Zeitung.

“It’s true, we need clarity. But clarity can also mean not selling for the foreseeable future,” Appel said in comments to be published in the paper’s Tuesday edition.

Deutsche Post last month promised to decide soon about the future of Germany’s biggest retail bank, which is an attractive takeover target for other banks, but Appel said on Monday he was in no hurry.

“I’m not under pressure to act. Postbank’s business is going well and there is no reason to rush and certainly not to sell it below its value,” he said, adding that he was still discussing options.

Deutsche Bank and Commerzbank have signalled they would be interested in buying Postbank, which has about 15 million customers.

Appel also said he was confident of delivering a solution to restructure Deutsche Post’s loss-making DHL Express business in the United States in May as pledged. Turning the unit around and Postbank’s future are seen as Appel’s biggest challenges as CEO.

“We are well on time,” he said.

Appel added that Post did not have to have a partner for the U.S. domestic business, but he said: “Should there be a partner, however, who could improve the solution further, then we could also take them on board at a later date.”

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DHL India fears slump in business

DHL India is worried about getting hammered by an impending slowdown in certain sectors and the economic slump in the US.

Sectors such as textiles, apparel and leather have already shown a downturn in shipments.

“There has been a general slowdown which is not only because of rupee appreciation. However, the impact of the US recession will be indirect,” said Chandrakant Pitre, national marketing head, DHL Express India Pvt Ltd.

Pitre was in the city to inaugurate a 16,431-square-foot service centre, which will handle over 1,110 inbound and outbound shipments a day, weighing more than 1.3 tonnes.

Pitre said clients preferred the freight mode of delivery these days, which takes longer to deliver but costs less than the express mode, affecting the business of logistics firms.

However, DHL expects sectors such as pharma, auto, electronics and high-end products — all of which are on the upswing — to add to its coffers.

DHL will also rely on the presence of Blue Dart, in which it has an 81 per cent stake, to bolster its presence in the country.

According to industry estimates, the Indian logistics market is expected to reach USD 122 billion by 2015 from USD 45 billion now. Logistics costs in India are 13 per cent of its GDP compared with 11 per cent in Japan, 10 per cent in Europe and 9 per cent in the US.

DHL has invested around USD 300 million in the country in the past four years, including USD 163 million for an 81.03 per cent stake in Mumbai-based Blue Dart Express.

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DHL sets up service centre in Kolkata

DHL has launched a 16,431 sq ft service centre in Kolkata which will handle daily more than 1,110 inbound and outbound shipments, weighing more than 1.3 tonnes.

Kolkata, strategically located between India and Bangladesh, could emerge as an important trading bloc within India and South Asia, said Craig Grossgart, vice-president, India, DHL Express.

DHL also plans to launch a facility aimed at providing smooth shipment to India’s neighbouring countries, Grossgart said. “SAARC (South Asian Association for Regional Cooperation) is a big opportunity for us and we will look at launching a multimode transport system between the SAARC countries,” he said.

The scheme is currently in the pilot stage and the company plans to launch it by next month. The launch will reduce the transit time and also cut down costs significantly.

“Our costs will come down by 20 per cent and we will look at passing it on to our customers,” Grossgart said.

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Bangladesh: Most courier services doing business beyond their legal rights

Taking advantage of an ambiguous age-old postal law, most private courier services are doing business outside the purview of their legal rights.

They are carrying both personal and business letters — a task that should be strictly and exclusively the responsibility of the government postal department, officials of the department said.

Courier service personnel who deliver letters to city households and offices hardly know that they are violating the law, The Post Office Act 1898.

Postal department officials said there is a difference between a ‘letter’ and any other ‘document’ and the postal department has the exclusive right to carry letters. Private couriers should therefore carry only ‘documents’.

According to the section 4 in chapter 2 of the Post Office Act, the government has the exclusive privilege of conveying by post, from one place to another, all letters. The government will also have the exclusive privilege of performing all the incidental services of receiving, collecting, sending, dispatching and delivering all letters.

However, the law fails to make a clear distinction between a letter and other documents. Since no one knows the definitions, private couriers have exploited this ambiguity and begun carrying everything from bulky packages to small personal letters.

According to sources at the Dhaka General Post Office (GPO), the postal-charge policy makes a distinction between a letter and other articles.

The postal department defines each article on the basis of its weight and charge the sender accordingly.

According to the policy, any article weighing 250 grams or less will be considered as a letter. Anything weighing more than the 250 grams will be regarded as a document, the sources said.

“Any article weighing 10 grams or below is considered as a standard letter. And anything weighing between 10 and 250 grams is considered as a special letter and the sender has to pay extra charge for it,” said a GPO official.

The private courier services have different opinions regarding this matter. Some courier officials expressed ignorance about the Postal Act.

“I do not know if such a law exists but how come this is illegal as dozens of courier services including internationally renowned organisations are doing the same business,” said Mostafizur Rahman from Korotowa Courier Service.

“It has been years since we started dealing with letters. How can it be termed as illegal all of a sudden,” said an official of Sundarban Courier Service.

“There are thousands of courier services operating throughout the world who deliver letters. Do you think that they are all illegal?” he said.

But Kazi Syed Hossain Faruqi, marketing executive of DHL, said: “When it comes to letters we only carry business or official letters. We do not carry any personal letters, which would be against the postal law.”

However, even postal officials admit that the private courier services have deservingly gained a solid reputation for their speedy and efficient services.

Majority of people prefer couriers as they find government postal services unreliable and inconvenient.

“Sending packages from one place to another always involves a lot of apprehension thanks to the unreliable mail delivery system of the postal department and the feeling of whether one will receive the mail or not in time,” said Rafiuddin Ahmed, a courier user.

According to sources at the postal department, laws exist in other countries where only the postal department is allowed to carry letters.

“Many countries have adjusted their policies so that there is a harmony between the private couriers and the state-run postal service and no violation of laws. Our country is yet to take any such steps,” said a GPO official.

The postal department has recently come up with a suggestion for an amendment to the law defining letters and documents.

“The idea is that all letters or documents weighing less than 250 grams will be carr

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Deutsche Post World Net starts global climate protection program GoGreen

Deutsche Post World Net aims to reduce its carbon footprint for every letter mailed, every container shipped and every square meter of warehouse space used by 30 percent by the year 2020.

To help reduce emissions, the group will gradually replace its air and ground fleets.Today, two-thirds of the company’s 100 biggest customers are already pursuing their own climate protection goals. The reference year for the Goup’s efficiency target will be 2007.

To achieve its objectives, Deutsche Post World Net will progressively modernize its air and ground fleets. About 90 percent of the Group’s air fleet will be replaced by modern, more fuel-efficient aircraft. In addition, state-of-the-art environmental technologies will be used to improve the energy efficiency of sorting centers and warehouses. The use of innovative technologies such as hybrid engines and route planning will be expanded to reduce the fuel consumption of the Group’s road fleet.

The company’s more than 500,000 employees will play a key role in the GoGreen Program: Deutsche Post World Net will start staff awareness campaigns to encourage employees to reduce their carbon footprint at work and at home through measures such as driver trainings or energy-saving classes. Since the climate protection goal for 2020 also applies to subcontractors, the Group will work together with them to develop methods to both track their emissions and identify efficiency-boosting measures.

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