Tag: Germany

Deutsche Post set to unveil 9-mth EBITA 2.21-2.78 bln eur

Posted by | Nov 2, 2004 | |

Deutsche Post World Net AG is expected to unveil on Thursday 9-month EBITA in the range of 2.21-2.78 bln eur compared with 2.039 bln for the same period last year, partly due to a strong third-quarter performance in the logistics segment, analysts said. Analysts forecast 9-month net profit at 800-988 mln eur from 869 mln last time, on sales of 31.387-32.37 bln from 28.81 bln. Some analysts believe the company will reiterate its full-year 2004 forecast for EBITA, which Deutsche Post said is expected to be between 7.5 pct and 12.5 pct higher than 2.975 bln last year. ‘I think Deutsche Post will stick to its forecast but I believe they would only reach the lower end of the range,’ according to one analyst who declined to be identified. Deutsche Post’s forecast range of 7.5-12.5 pct growth for this year’s EBITA corresponds to between 3.198 bln eur and 3.347 bln.

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Yamato Transport and DHL Global Mail team up for cross-border mail delivery

Posted by | Nov 2, 2004 | |

DHL Global Mail and Japan’s top door-to-door mail and parcel delivery company, Yamato Transport Co., Ltd. (Yamato) have joined forces to offer an international mail delivery service in Japan to customers world wide. DHL Global Mail, the international mail subsidiary of Deutsche Post World Net, formerly known as Deutsche Post Global Mail has relaunched under the DHL brand in October and runs the world´s largest mail network. Yamato Transport launched its mail service, Kuroneko Mail, nationwide in March 1997. Since then, the service has enjoyed rapid growth servicing major publishers and catalogue companies. Yamato currently delivers 100 million Kuroneko Mail items per month in Japan, in addition to its domestic courier service. The new collaboration will enable DHL Global Mail to offer mail and publication distribution in Japan to their customers worldwide.

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FedEx adding more flights to Germany

Posted by | Nov 1, 2004 | |

FedEx Corp. said Monday it is adding more trans-Atlantic flights, part of a plan to boost capacity to Europe. The company said the flights from its main hub in Memphis to Cologne, Germany will allow it to better serve that country’s industrial heartland. FedEx said it will add the flights in March, bringing its trans-Atlantic total to 28 a week from 23 a week. The increase in flights to Europe is part of a plan to capitalize on rising international express shipments.

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DHL Global Mail to launch partnership with Japan’s Yamato Transport

Posted by | Nov 1, 2004 | |

Deutsche Post World Net AG’s international mail unit DHL Global Mail is planning to launch a partnership with Japan’s Yamato Transport Ltd, a spokesman for Deutsche Post said, confirming a report to be published in Die Welt newspaper tomorrow. Yamato, which is Japan’s largest private mail service provider, will deliver international letters and magazines in Japan for DHL, while DHL will distribute Yamato’s mail internationally, competing directly with state-owned Japan Post.

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DHL said leaning toward German hub

Posted by | Oct 29, 2004 | |

The express unit of Deutsche Post World Net reportedly has given up expansion plans at the Brussels airport and is more likely to expand in Leipzig, Germany.
DHL announced last week that the conditions set by Belgian government “regrettably do not allow DHL to create an intercontinental hub at Brussels National Airport.” For now DHL will maintain its current level of activities at the airport but plans to begin moving business to other airports in 2008. DHL will announce within two weeks whether the hub would be established in Leipzig or at Vatry in northern France, said company spokesman Xavier De Buck. Public subsidies that DHL could receive if it opted for Leipzig suggest Germany has an edge over France for the international center.

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