UK Postcomm today (23 June 2005) began a 30 day consultation on the proposed issue of a long term licence to Intercity Communications Ltd, to provide bulk mail services, consolidation (collection and sorting of mail) and tracked business-to-business services.
Read MoreThe German government has not yet decided when to sell its remaining stakes in Deutsche Telekom AG and Deutsche Post World Net AG, sources said. But when the time comes, it will likely transfer its shares to state-owned KfW Bankengruppe, the sources told dpa-AFX news agency. The last such transaction was in January, when KfW bought a 12.7 pct stake in Deutsche Post World Net AG from the government for 1.7 bln eur, raising its total stake to 48.8 pct. Financial Times Deutschland earlier today cited sources as saying Germany’s Finance Minister Hans Eichel plans to sell the government’s remaining stakes in Deutsche Post and Deutsche Telekom to help cover the budget deficit.
Read MoreDeutsche Post AG’s head of logistics Frank Appel said the company’s DHL logistics unit expects the logistics operations it acquired from KarstadtQuelle AG to post a ‘significant’ net profit next year, according to German daily Frankfurter Allgemeine Zeitung. The profit will be achieved following ‘internal optimisation’, Appel told the newspaper in an interview. He said that he would be satisfied if the KarstadtQuelle logistics operations would break even this year. Appel also confirmed that DHL is still in talks with KarstadtQuelle over the possible acquisition of the retailer’s Neckermann and Quelle logistics operations. ‘We remain interested in principle. The negotiations are under way,’ he said, although he added that ‘one must not overburden oneself’.
Read MoreA new mail centre has opened in the West Midlands which is set to create 20 jobs. DHL Global Mail said the complex – handling and distributing business-to-business mail – would challenge Royal Mail in the wake of deregulation. Located in Sutton Coldfield, it will employ up to 20 people initially, and is expected to double in size over the next year. The new service, called Smartmail Citispeed, offers mail collection from any business in the UK, and delivery within designated postcodes in the Midlands, London, and the North-west. The Birmingham operation is the second DHL mail centre to open in six weeks, following one in the North West in April.
Read MoreDeutsche Post World Net AG is facing a legal challenge from a local government association in the German state of Lower Saxony against planned branch closures, the tabloid daily Bild reported, without sources. The newspaper said the association is pushing for legislation that could prevent the closure of branches in communities of more than 1,000 people. Deutsche Post said last year it plans to close 1,000 branches by the end of this year.
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