Tag: Germany

DHL eyes Sinotrans increase

Posted by | Feb 5, 2005 | |

DHL may raise its 5 per cent stake in Hong Kong-listed Sinotrans as it beefs up delivery operations in China. The company – which expects to report revenue growth of more than 50 per cent in the mainland this year – said that China Domestic, its domestic parcel service, was expanding its reach to 50 cities from the initial 16. “There is a chance of raising the 5 per cent Sinotrans holding,” Klaus Zumwinkel, chairman and chief executive of Deutsche Post, told a briefing in Singapore. But he cautioned: “There is no immediate offering, or immediate need.” DHL acquired the 5 per cent holding in Sinotrans in February 2003 for USDollars 57m, building on a joint-venture tie-up that the companies have had since 1986.

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German Saxony-Anhalt to invest 67 mln Euro to help DHL project

Posted by | Feb 4, 2005 | |

The state government of the northern German state of Saxony-Anhalt will invest 67 mln euro (USD86 mln) to support German-based global courier firm DHL’s project to build an air freight logistics centre at the Leipzig-Halle airport, the state transport minister Karl-Heinz Daehre said on January 3, 2005. The Saxony-Anhalt government will invest in a new runway at the Leipzig-Halle airport, and will provide land for the logistics centre. DHL’s decision to move its logistics centre to the Leipzig region is important not only for the city, but will also positively affect the labour markets of the states of Saxony-Anhalt, Saxony and Thuringia, Daehre said.

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DHL and Airbus join forces

Posted by | Feb 4, 2005 | |

Airbus (EADS Group) has selected DHL Solutions to supply logistics services related to the manufacture of wing struts and the supply of maintenance kits and spare parts, and the assembly of the future A380 “superjumbo”.

The goal is to optimise the supply of spare parts to airline companies and the Airbus production line in Toulouse using a logistics system based on the proximity of storage and assembly facilities.

Since the end of 2004, DHL Solutions teams have been operating at three sites:

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DHL says it is not keen to provide mail services in Singapore

Posted by | Feb 4, 2005 | |

DHL says it is not keen to provide mail services in Singapore when the market is liberalised in 2007. Currently, SingPost holds a monopoly on mail services in Singapore, which will end on March 31, 2007. But DHL is setting its sights elsewhere. Dr Klaus Zumwinkel, Chairman, Deutsche Post World Net, said: “No, not looking at coming into this market. Now Europe is being liberalised too – the whole of Europe in the mail market and therefore we are investing in the mail market in Europe, not in Asia. New Zealand has liberalised in the Asia Pacific, Japan is going to liberalise its market, it’s going to take a bit longer, and then Singapore – that’s the only 3 markets I’m aware of going to liberalise but Europe is going to liberalise in all the 25 member states of the European Union liberalising the mail market that’s where we are investing.”

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Deutsche Post stamps monopoly to be scrapped in 2006

Posted by | Feb 4, 2005 | |

Deutsche Post AG’s monopoly on stamps is to be scrapped two years early on Jan 1, 2006 under a draft law to be presented by two German states at the Upper House parliament Bundesrat, Die Welt said.

The date was originally the end of 2007.

The newspaper said a majority of the states are expected to approve the legislation being proposed by Lower Saxony and Hessen states.

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