Tag: France

EU mail giants moving in opposite directions

Fifteen years ago there wasn’t much to distinguish between the German and French mail monopolies, Deutsche Post and La Poste, as they faced the distant prospect of deregulation of the Europe Union’s postal industry. Today, with deregulation just a few years away, the two appear to have very little in common. On the day La Poste workers walked off the job in January to protest the impact of liberalization, Deutsche Post announced it had acquired Europe’s biggest logistics contract, continuing a $9 billion expansion program that has transformed it into one of the world’s biggest transport companies with interests ranging from express delivery to air and ocean freight forwarding. La Poste, by contrast, remains largely what it was — a mail monopoly with a few related activities awkwardly bolted on. The differences between the two companies goes to the heart of the problem facing the EU as struggles to reach its goal of overtaking the United States as the world’s most dynamic economy.

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Italian post office strengthens ties with France

The Italian post office, Poste Italiane, saw its mail volume rise by 10 per cent last year, to 7.2 billion items. At the same time, there was a double-digit increase in mail revenues, owing to growth in the most profitable segments of the market, such as direct marketing and commercial post. Poste Italiane has now decided to forge closer links with its French counterpart, La Poste, by making its unit-linked life assurance policies available in French post offices. At the same time, it has raised its stake in Aspheria, its joint-venture with La Poste, to 40 per cent.

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FedEx chief looks at next destination France is central to rail-hub plans

The founder of FedEx, Frederick Smith, is used to having his ideas laughed at until they become moneymakers. Having revolutionized the air transport business, Smith is still coming up with new ones. His latest is moving packages from planes to high-speed trains. He hopes to roll out the concept in Paris, the company’s biggest European hub, where talks have been under way with French officials for five years. It could take another five to resolve all the details, like financing and whether FedEx would have its own trains. But these uncertainties do not seem to deter Smith, who at 60 shows few signs of slowing down despite three decades of at the helm. ”I’m enjoying things a lot,” he said during a recent interview. ”We are changing the world, and it’s a real delight to watch it.” Smith was in Paris on his way to the unveiling last month of the Airbus superjumbo plane, the A380, at the Airbus assembly plant in Toulouse, France.

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DHL and Airbus join forces

Airbus (EADS Group) has selected DHL Solutions to supply logistics services related to the manufacture of wing struts and the supply of maintenance kits and spare parts, and the assembly of the future A380 “superjumbo”.

The goal is to optimise the supply of spare parts to airline companies and the Airbus production line in Toulouse using a logistics system based on the proximity of storage and assembly facilities.

Since the end of 2004, DHL Solutions teams have been operating at three sites:

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La Poste draws up plans for structure of Postal Bank

La Poste has drawn up plans for the structure of the postal bank that it is planning to create. The company says that Efiposte, the subsidiary responsible for the management of funds for post office giro accounts, will form the basis of the new institution. La Poste will continue to own 100 per cent of shares in this company. SF2, the holding company that controls the group’s other subsidiaries and investments in the field of financial services, will be maintained and will be a 100 per cent subsidiary of the postal bank.

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