Tag: Germany

Deutsche Post says it will remain majority shareholder in Postbank

Posted by | Aug 30, 2006 | |

Deutsche Post AG plans to remain a majority shareholder in Deutsche Postbank AG for the forseeable future, a Deutsche Post spokesman said.

‘We intend to remain a majority shareholder in the forseeable future. (Chief executive) Mr (Klaus) Zumwinkel had said that in an interview over the weekend and I would like to reiterate that,’ the spokesman said.

The spokesman said he would not comment on German media ‘speculation’ that a number of banks were interested in buying Deutsche Post’s 50.1 pct stake in Postbank.

Die Welt newspaper, citing Deutsche Post sources, said that Unicredito Italiano SpA and Royal Bank of Scotland have both expressed an interest in the acquisition of Deutsche Post shareholdings in Postbank.

It said that Deutsche Post is not ready to sell its 50.1 pct interest in Germany’s largest retail bank but suggested it might do in the future.

Last week, German media suggested that Deutsche Bank AG was keen to buy Postbank.

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Paketeria opens first logistics centre

Posted by | Aug 29, 2006 | |

Paketeria, the German parcel shipping and office services retail chain, has opened its first logistics centre to cope with rising volumes.

The base is located in Hofgeismar, close to Kassel in central Germany. “Due to our nationwide expansion we are bundling logistics for parcel services in the centre of Germany. The planning is to expand the new site in the coming months,” said Paketeria founder and managing director Andy Rösch.

Logistics expert Tony Prchal, who is developing the Paketeria logistics system, added: “In the opinion of leading industry experts, parcel volumes in Germany alone will grow by 300% in the coming years through the ongoing revolution in online retailing. A few years ago it was the major groups which drove change in the market, but in the future it will be mostly consumers and small businesses.”

Paketeria stores operate as retail outlets for mail, parcels and express services through cooperation deals with Pin AG, GLS and TNT Express, and also offer office services. The franchise chain now has more than 50 outlets.

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Four Soft tool for DHL Global Mail

Posted by | Aug 24, 2006 | |

DHL Global Mail, a business unit of Deutsche Post World Net, has selected Four Soft’s 4S iLogistics product suite that would serve as a platform to manage their day-to-day logistical operations.

iLogistics has been designed as a fully multinational system, having all the features required to be capable of being implemented in global enterprises with multi-company, multi-currency and multi-language features.

The 4S iLogistics suite will help DHL Global Mail to streamline its operational systems by helping their business to define data to be analysed for advanced planning and improved enterprise visibility for efficient operations and enhanced analysis.

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DHL Global Mail to implement Four Soft´s iLogistics Product suite

Posted by | Aug 23, 2006 | |

Four Soft Ltd has announced that DHL Global Mail, a business unit of Deutsche Post World Net, has selected the Companys iLogistics product suite as the platform to manage their day to day logistical operations. iLogistics has been designed as a fully multinational system, having all the features required to be capable of being implemented in global organizations on a worldwide basis. This includes multi-Company, multi-currency and multi-language features.

The Companys iLogistics will help DHL Global Mail to streamline its operational systems by helping their business to define data to be analyzed for advanced planning and improved enterprise visibility for efficient operations and enhanced analysis.

“With Our best-in-class high performance solution having advanced ERP capabilities designed to perform the complex Supply chain operations we look forward to work with DHL on their worldwide rollout and helping them to achieve maximum return on their investment.” said Dr. Kalyan Gangavarapu, COO, of the Company.

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German forwarders form mail network to take on Deutsche Post

Posted by | Aug 22, 2006 | |

Five German freight forwarding and logistics groups have linked up to form a private mail carrier “ Xanto” to compete with Deutsche Post. The companies are all ex-founder members of parcel carriers DPD and German Parcel (now GLS).

The founders of “Xanto – the LetNet System” are Diehl Spedition, M&M Militzer & Münch, Honold Logistik Gruppe, G.L. Kayser and Cretschmar Cargo along with the management consultant Christian Holland-Moritz who will also act as managing director. Xanto will function as a cooperation network in which up to 100 local and regional mail carriers work together to provide a nationwide coverage while retaining their identity and independent status.

“Xanto is a network which has been created by logistics service companies that are used to cooperating and which will operate independently of publishing houses and large corporations,” declared Holland-Moritz. “With the end of the letter monopoly at the start of 2008, as a private competitor we will be able to offer a nationwide mail delivery service that will lie below the price level of Deutsche Post.”

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