Tag: Germany

Deutsche Post Global Mail USA announces executive management team

Posted by | Jun 29, 2004 | |

Deutsche Post Global Mail USA is pleased to announce the unparalleled leadership team that has resulted from the acquisition of SmartMail Services and QuikPak Inc. The executive management team includes Bill Boesch, chief executive officer, Don Berry, chief operating officer, and Florian Schuhbauer, chief financial officer. “The appointment of our top management team is the first key milestone that we have achieved sooner than expected since the acquisition in May,” said Klaus Knappik, chairman of Deutsche Post World Net’s Divisional Board MAIL International. Deutsche Post Global Mail, a subsidiary of Deutsche Post World Net, announced its intent to acquire both SmartMail Services and QuikPak on May 11, 2004. SmartMail Services’ acquisition closed May 28, 2004. The acquisition of QuikPak closed June 28, 2004.

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DHL Solutions expands RFID service to help customers across Europe

Posted by | Jun 28, 2004 | |

European customers of DHL Solutions’ logistics service now can call on the company to handle their radio-frequency identification tagging requirements. DHL this month expanded to companies across Europe its TagFIT RFID service, which it had been offering only to Metro AG’s top 100 suppliers to help them meet the retailer’s RFID-compliance mandate. Once there’s agreement on global RFID standards, DHL hopes to roll out the service to North America and China, too. “Our goal is to become the core logistics supplier for RFID services worldwide,” says Clemens Beckmann, managing director of corporate development at Deutsche Post World Net, DHL Solutions’ parent company.

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Deutsche Post bond issue to bring in 1.08bn euros

Posted by | Jun 28, 2004 | |

Deutsche Post, the German postal service operator, is reported to have exercised fully the surplus allocation option for the three-year bond convertible into shares in its subsidiary Deutsche Postbank. This represents an additional 98.3m euros, bringing the total income from the bond issue to 1.08bn euros.

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Up to 1,600 job cuts expected at German Deutsche Post

Posted by | Jun 25, 2004 | |

Deutsche Post, the German postal service, is planning up to 1,600 job cuts in Germany by the end of 2006. This is said to be due to the planned merger of three of the company’s subsidiaries, Danzas, Euroexpress and DHL, to form an integrated subsidiary that will be responsible for parcel and express services. The job cuts form part of the company’s ‘Star’ programme, which was launched at the end of 2002 and which is intended to save the company a total of 1.4bn euros by 2005.

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