Tag: Germany

DHL plans sea and air freight coup

Posted by | Apr 25, 2005 | |

German-owned parcel and logistics giant DHL has underlined its ambition to become the global number one in sea and air freight forwarding. ‘Our impressive results show that we have successfully advanced our growth course and succeeded in convincing many new customers of our global capacity in a highly competitive market,’ said Dr Frank Appel, board member of the Deutsche Post subsidiary.

DHL Danzas Air ‘ Ocean already ranks itself as the number one air freight forwarder, and number two in ocean freight, second only to Kuehne + Nagel, which handled 1.6m teu worldwide last year.

However, the combined top five sea freight players have a market share of less than 25percent, with DHL itself accounting for about about 7.3percent.

Read More

TPN looks to raise volume

Posted by | Apr 21, 2005 | |

The Pallet Network says it is to focus on developing its European operations this year and next, but that it will not attempt to keep up with its rivals’ increasingly complex information technology. Managing director Adam Leonard, speaking at the new hub at Rugby to which the company relocated in January, said the network is in talks with potential partners based in Germany, France and Switzerland. It recently launched TPN Ireland and already has a service to Benelux. Leonard said the network moves around 3,500 pallets a night. “Growth will be controlled by the members but we would like to achieve 4,500 pallets by the end of the year,” he says.

Read More

Deutsche Post CFO says can’t predict 2005 dividend

Posted by | Apr 20, 2005 | |

Deutsche Post World Net AG is not contradicting market expectations that the company’s full year dividend payment on 2005 earnings will rise to 0.65-0.70 eur per share from the 0.50 proposed for 2004. In an interview with Frankfurter Rundschau newspaper, Chief Financial Officer Edgar Ernst said: ‘We cannot say now what dividend we could offer … for 2005. But … if we perform better, then shareholders should profit more. ‘The financial markets expect a stable dividend payment quota of 35 pct. Based on our earnings forecast, this calculation means 65 to 70 cents … and we have not contradicted that.’

Read More

KfW to sell more shares in Deutsche Post

Posted by | Apr 19, 2005 | |

Kreditanstalt fur Wiederaufbau (KfW), the German state development bank, is expected to sell a stake that it holds in German postal service operator Deutsche Post on behalf of the state in June. It is thought that the bank wishes to take advantage of the favourable share price. Provided that the German government agrees, the bank can sell the shares after May 28, six months after the last time that a stake held by the state in Deutsche Post was sold.

Read More

Deutsche Post reaches agreement with smaller rivals

Posted by | Apr 18, 2005 | |

Deutsche Post, the German postal service operator, has reached an out-of-court settlement with smaller rivals in a dispute relating to certain sectors of the market for the delivery of letters. The company is said to have promised to put forward a contract for approval by April 25 at the latest. A spokesman for Deutsche Post has confirmed that the agreement relates to postal service operators Deniz, Pin AG and DirektExpress.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest