Tag: Germany

Palletways hits target

Palletways now has 27 members a week feeding freight into the international service that it launched in January
European development manager John McCormick says the number is growing all the time. The present single-deck trunk to Nijmegn is running at capacity and he predicted that not only a second also a third trunk will be introduced by Easter.
Palletways is considering adding a double-decker, although it will have to meet Dutch height limits.

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Express Delivery Service Connects With Europe

TOOLES Transport, based in Droitwich, has launched a new express delivery service for small consignments of goods to mainland Europe.

As a member of the Palletways distribution network, which has more than 100 depots in the UK, the company will now be able to distribute small consignments more cost effectively and faster than before to a vast European marketplace, inclu-ding Belgium, The Netherlands, Luxemborg, Denmark, France and Germany.

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DHL to cut German package prices by up to 40 pct, 'or more'

Deutsche Post World Net AG said its express unit DHL will lower its package prices in Germany by up to 40 pct ‘or more’ in its ‘biggest customer offensive in the market for years’. In addition, the number of weight classes will be reduced from three to two: 10 kg packages and 20 kg packages, priced at 6.90 eur and 9.90 eur, from July 1. Previous prices for the two weight classes were 10.50 eur and 14 eur, respectively.

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KfW's 41.6 pct stake in Deutsche Post attracts investor interest

German state-owned development bank Kreditanstalt fuer Wiederaufbau (KfW)’s 41.6 pct stake in Deutsche Post World Net AG has attracted the interest of private equity and hedge funds, the Frankfurter Allgemeine Zeitung reported, citing financial sources. UK-based CVC is said to be among the interested parties. It already holds minority stakes in Danish and Belgian postal services, it said. CVC’s head of Germany, Steven Koltes would not comment other than to say that ‘we are very interested in European post companies’. Other companies named ‘in the market’ as interested in the Post-stake, are KKR, Blackstone and Permira, according to the FAZ. However, there are no concrete talks ongoing with KfW.

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Management changes at German parcels start-up Red Parcel Post

Red Parcel Post, the start-up company that aims to enter the German parcels market in mid-2007, has announced changes in its management. Sales and marketing manager Klaus Siebe, in the post since the start of 2005, left the company at the start of May. Red Parcel Post CEO Bernd Müller, who has taken over the position on a temporary basis, thanked Siebe for his role in setting up the company’s sales structure. The company’s operations director Hartmut Bockhöfer has meanwhile resigned for personal reasons but will remain as a consultant to the company. His post has been taken over by the technology director, Bernhard Brönner.

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