Tag: Germany

TNT to set up strategic alliance with Germany’s Hermes

Posted by | Dec 12, 2005 | |

TNT NV said it intends to start a strategic alliance with Germany’s Hermes on the distribution of parcels and other mail. The combining of distribution operations on the German market is slated to start in the first quarter of next year. The deal does not involve any exchange of finances, a TNT spokesman said.
Later, TNT and Hermes might start what the spokesman called a ‘joint production operation’, which – at a later stage – might also be expanded to the French and English distribution markets, where Hermes and TNT are also active.

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Austrian Post, German trans-o-flex launch cooperation

Posted by | Dec 12, 2005 | |

Austrian postal company Oesterreichische Post AG has concluded a cooperation agreement with German freight company trans-o-flex for the delivery of business shipments within Austria and those eastern European countries where Post AG is represented, the company said on December 12, 2005. Under the terms of the agreement Post AG will handle all shipments between business customers under the market name “EURODIS”, starting January 1, 2006. tran-o-flex, in its turn, will deliver all Post AG shipments in Germany.

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Deutsche Post plans new cost cuts; looks for Asia, Eastern Europe acquisitions

Posted by | Dec 9, 2005 | |

Deutsche Post AG plans to start a new cost cutting programme when the current one, Star, expires at the end of the year, chief executive Klaus Zumwinkel told the Financial Times Deutschland, adding the group also wants to make acquisitions in Asia and Eastern Europe. ‘The new programme should clearly express our targeted level of earnings in three years,’ Zumwinkel said.
‘Star targeted integration and costs. Now we want to concentrate more on customers and quality,’ he said, adding that more details will be available early next year. On the group’s expansion plans, the CEO said Deutsche Post is looking at making acquisitions in Eastern Europe and Asia, adding that ‘in ten year’s the express mail service will be much more consolidated (than it is today)’ and that there is a call for ‘volume and size’ in the industry.

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Stamp price gap grows as European postal sector prepares for market opening

Posted by | Dec 8, 2005 | |

The Free and Fair Post Initiative (FFPI) today released its fifth survey
on stamp prices in the European Union (EU). The study, which covers the 25 EU member States, reveals that 20% of EU countries have increased stamp prices in the course of 2005 and that price differences are still wide. The annual comparative analysis of the FFPI points out that prices of stamps for basic domestic letters have increased in 5 member States1 during this year. In addition, the survey reports that the gap in prices between the old and new EU member States is still widening. It is in fact important to notice that costs have risen in 3 countries from the EU-15, therefore further enlarging the difference with the price in the new member States.
P:LibraryPostalFFPI Stamps Survey 05.pdf

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German Postbank plans new payment transaction agreement

Posted by | Dec 8, 2005 | |

German bank Postbank, part of German postal services group Deutsche Post, plans to expand its activities with processing payment transactions. The bank, which has processed payment transactions for German banks Deutsche Bank and Dresdner Bank since 2004, revealed that it was considering an agreement with a third major customer for 2005.

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