Tag: Germany

Deutsche Post to shift road cargo business into logistics division

Posted by | Sep 22, 2006 | |

Deutsche Post AG said it will shift its road cargo business, with about 4.0 bln eur in annual sales, to its Logistics division from the Express division.

The company said the move will make Deutsche Post more transparent for investors because the Express division’s business activities will be easier to compare with competitors.

The realignment means all air, sea and road cargo forwarding businesses will be grouped within the Logistics division.

In addition, the Express division will be led by one member of the management board instead of two.

John Mullen will head the division, while Peter Kruse will depart and become a special representative of chief executive Klaus Zumwinkel.

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Global management structure of Deutschen Post World Net aligned

Posted by | Sep 22, 2006 | |

An alignment and strengthening of Deutsche Post World Net’s global management structure was announced by CEO Dr. Klaus Zumwinkel. All Air-, Sea- and Road-Cargo forwarding businesses will be grouped within the Logistics division. The Express division will be lead by one member of the management board instead of two.

With the integration of Exel into the Logistics division progressing well, now the road cargo business (Freight) with revenues of around 4 billion Euros will be separated out of the Express division and brought into the Logistics division as an own subdivision. With a central management of the European road cargo business the market position of DHL can be strengthened and further revenue potential can be realised. A triple-digit-million Euro worth of transport volume can be awarded to the Freight subdivision, which has so far been purchased by the Logistics division externally.

Management responsibility for the completed Logistics division is with board member John Allan. Dr. Peter Kruse leaves the management board in best mutual agreement and will assume a new role in the group as a special representative of the CEO. John Mullen now heads the Express division globally.

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Klaus Zumwinkel is "strategist of the year"

Posted by | Sep 22, 2006 | |

The Financial Times Deutschland has named Dr. Klaus Zumwinkel, Chairman of the Management Board of Deutsche Post World Net, as the “strategist of the year.” He was recognized for implementing a ground-breaking and sustainable corporate strategy in the category for companies with annual sales of more than 15 billion euro. The selection was not based on the decision of a jury. Instead, it was determined through the evaluation and weighting of objective data about the Group’s development by the scientists of the WHU – Otto Beisheim School of Management. The award, being presented this year for the third time, was established by the Financial Times Deutschland, the WHU (Vallendar/Koblenz) and the Bain & Company consulting firm.

The decision was based on an analysis of company data for the fiscal years of 2003-2005. Besides the overall performance of the company and chairman, key factors in the ranking were sales growth, employee development, return on equity and total shareholder return less equity costs. Ninety-eight listed German companies with sales of more than ?1 billion and free-floating shares of at least 2 percent were ranked.

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GLS puts new Eastern German depot into operation

Posted by | Sep 19, 2006 | |

GLS Germany has put its new EUR 5.1 million depot at Limbach-Oberfrohna, near Chemnitz in eastern Germany, into operation, increasing its capacity in the region close to the Czech border.

The 3,700 sqm parcel sorting centre, which replaces a smaller nearby site, is located on an 18,000 sqm plot of land close to the A4 motorway. Equipped with a modern parcel sorting system, the facility can handle some 20,000 shipments per day on average, and up to 25,000 parcels a day at peak times. Some 40 GLS employees and 65 drivers will work at and out of the depot, a 25% increase in jobs compared to the former site.

“Perfect transportation connections, more space and a modern technical installation – the depot fulfils all the conditions for reliable and secure shipment handling,” declared Klaus Conrad, Managing Director of GLS Germany.

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Lufthansa, Fraport sign air cargo partnership

Posted by | Sep 19, 2006 | |

Fraport and Lufthansa Cargo have agreed on a strategic partnership for further developing Frankfurt Airport (FRA) as an air cargo hub.

The strategic partnership will ensure joint planning of the overall airline-airport system and will intensify further the system partnership of the world’s second-biggest cargo airline and Europe’s biggest cargo airport. With this initiative, the partners are also responding to the increasingly tough competitive situation in global air cargo transportation.

“In this competition between the significant airports in global air transportation, everything depends on the quality and efficiency of the total system and on the cooperation between the airline and airport within this system,” stressed Mr Bender and Mr Lauer.

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