Tag: Germany

Hermes Logistik Group to undercut Deutsche Post by 10-15 pct if minimum wage dropped

Hermes Logistik Group, the postal-services unit of privately held mail-order retailer Otto Group, plans to undercut Deutsche Post AG.’s letter prices by 10 percent to 15 percent should German courts strike down the minimum-wage rule for the industry. Hermes Chief Executive Hanjo Schneider told Die Welt that the group hopes to enter the market for letter delivery still dominated by former monopoly Deutsche Post in January 2009 but legal uncertainties are keeping him from making a forecast.
Should the highest German court squash the minimum wage rule, Hermes will immediately start offering letter delivery from all of its 13,500 German packet receiving offices. A Berlin court ruled in March that a German law imposing a minimum wage at all companies in the letter-carrier industry is illegal.
A higher court will probably rule on the issue in July.

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GO! inaugurates high-performance hub in Central Germany

GO! Express & Logistics has inaugurated its new EUR 7 million sorting centre in Niederaula, Central Germany, giving it sufficient capacity for the next 10-15 years.

The 30,000 sqm facility includes a 3,600 sqm handling terminal with a completely automatic sorting system. Capacity has been increased from 3,800 parcels per hour to 6,000 parcels in the initial phase and can be expanded to 13,000 parcels as required.

The high-performance sorter of the central hub, which was installed by the Dutch company Van Riet Material Handling System, handles all the package information via a central volume, weighing and scanning system.

GO! managing director Ralf-Hans Dierks said that the new hub provides sufficient capacity for the coming 10 to 15 years. The whole facility can be expanded through additional sorters and has been built with space for future expansion. The company’s previous hub was in nearby Neuenstein.

GO!, owned by 15 regional companies, said it has been well-positioned in the German domestic express market for the last 24 years thanks to high quality and personal service for its customers. With 1,400 staff and 3,000 couriers, it now has over 100 stations in Germany and Europe. In 2007, it transported 2.7 million shipments.

Dierks said that in order to strengthen its position in the European market the company plans to continuously expand its international network through strategic partnerships. Earlier this year, GO! entered a partnership with the Danish express company 3D, De Daglige Distributorer.

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FedEx Express supports European trade growth with hub expansions in France and Germany

FedEx Express has announced two major European hub projects to meet the growing demands of European business—a major expansion to its European hub in Roissy-Charles de Gaulle, Paris, and a state-of-the-art environmentally friendly facility in Cologne.

The expansion at Roissy-Charles de Gaulle by September 2009 and the building of a major new facility at Cologne by spring 2010 will dramatically increase capacity at the two hubs—ensuring that FedEx Express can continue to provide a seamless service for customers who wish to access European and global markets while minimizing impact on the environment.

The European Commissioner for Economic and Monetary Affairs stated that in 2007 the European zone recorded its fastest economic growth rate since 2000, and that Europe was sharing in the benefits of the trend towards greater globalization. As manufacturers continue to move towards a global sourcing and production model, the demand for fast and reliable transportation services is increasing, and critical to the growth and success of European industry.

European trade performance brings greater business opportunities both within Europe, and in the global marketplace. FedEx continues to build its network across Europe to support this growth, with sustainable development of its hub facilities across the continent.

The relocation of FedEx Express main hub for Central and Eastern Europe from Frankfurt to Cologne will allow FedEx Express to create a state-of-the-art facility with the very latest environmental design to meet the rapidly growing demand for express services in Germany and Eastern Europe. As FedEx continues limited operations at the Frankfurt International Airport, the new facility will bring new jobs to the Cologne/Bonn region and further improve working conditions for employees.

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DHL Express brings together its global team in new head office (GER)

DHL Express opened a new head office and global Quality Control Center in Bonn, Germany. The move to a new technologically advanced building will create greater synergy across its key business functions. DHL also aims to bring increased collaboration between its express and logistics businesses as a result of the new offices close proximity to Deutsche Post World Net’s headquarters.
The new head office in Bonn is part of a world wide infrastructure enhancement plan that will help DHL Express establish more seamless global operations. The plan also included the creation of the newly-opened state-of-the-art European central hub in Leipzig, Germany, which improves intra-European connectivity and also connects Europe with many intercontinental destinations in the U.S., Asia and the Middle East.
In addition to the well-placed infrastructure, the new head office in Bonn, when fully occupied, will be home to 260 employees and will house DHL’s pioneering Global Quality Control Center. Adapted from the model already in operation in the Asia-Pacific region, the Quality Control Center is a state-of-the-art concept that will drive service quality. It provides real time visibility and pro-active operational crisis management in operations across the world 24 hours a day, seven days a week. The Global Quality Control Center is designed to ensure that the shipment information is visible to the network within 15 minutes of the event capture. This means that every shipment can be processed immediately, and every query answered promptly.

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Deutsche Post may seek USD 18.6 Billion for Postbank

Deutsche Post AG may seek about 12 billion euros (USD 18.6 billion) in its sale of Deutsche Postbank AG, Germany’s biggest consumer bank by clients, three people with knowledge of the transaction said.

Deutsche Post may aim for 70 euros a share for Postbank, 17 percent more than yesterday’s closing price, the people said. Postbank is drawing interest from German financial-services companies Allianz SE, Commerzbank AG and Deutsche Bank AG as well as Spain’s Banco Santander SA, said the people who declined to be identified because the matter is confidential.

Postbank, with more than 14.5 million customers and 850 branches, will give potential buyers an opportunity to grab a bigger share of Germany’s USD 1.6 trillion consumer-lending market, which is dominated by state-owned lenders and savings banks. Shares of the Bonn-based bank have risen 40 percent in the seven months since Deutsche Post, Europe’s biggest postal service, said it’s considering a sale of the unit.

Postbank has almost 5 million more retail customers than its second closest rival Deutsche Bank, according to a report by Sal. Oppenheim. The lender posted a pretax return on equity of 19.3 percent last year ahead of Commerzbank’s 18.7 percent and Dresdner Bank’s 8.5 percent, it said.

Postbank extended gains and rose 4 percent to 62.10 euros in Frankfurt electronic trading, valuing the company at 10.2 billion euros.

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