New survey: TNT Logistics stays as Europe’s number one
New survey: TNT Logistics stays as Europe’s number one
Read MoreTag: Germany
EU to clear planned 70 mln eur aid package to DHL
The European Commission are set to clear a 70 mln eur aid package offered by the German government to Deutsche Post AG’s express delivery service DHL, industry sources said.
DHL Companies Cologne GmbH will put the 70 mln eur towards the cost of constructing a logistics centre at Halle-Leipzig city airport. The total cost of the project is 253 mln eur.
Read MoreHigh hopes rest on German Postbank delivering
For a plain post office bank, Germany’s Postbank carries a great weight of expectation. Markets are looking to June’s planned {XEU}3bn flotation of up to 49 per cent of the bank by Deutsche Post, its parent, to end a near two-year drought of German initial public offerings. Others see it, more ambitiously, as the key to reviving Germany’s stalled equity culture and unlocking its long-desired banking consolidation.
Read MoreDeutsche Post targets Royal Mail markets
Deutsche Post Global Mail has set itself to become number two in the UK postal market. “We want to be the alternative to Royal Mail,” said Michael Proffitt, MD of Europe and the UK for DPGM’s Mail International division. Building on its takeover of Speedmail this year and the award of a long-term license, DPGM has opened a purposebuilt 7,500sq meter mail centre in Croydon, with a capacity of 90m items a year, and has negotiated a downstream access agreement for Royal Mail to handle final delivery. Under the terms of its license from regulator Postcomm, DPGM (UK) will offer businesses mailing more than 4,000 pre-sorted letters a day a two-day delivery service from this August.
Read MoreDeutsche Post UK centre delivers 200 new jobs
It’s a red letter day for Croydon with the arrival of almost 200 new postal jobs and the prospect of many more to come. Deutsche Post Global Mail (UK) Ltd, part of the German post office, looked at a number of sites before deciding that Croydon was the best place to concentrate its international operations in the United Kingdom. It has created a purpose-built headquarters where it now houses 160 staff in a state-of-the-art sorting and distribution facility that can handle up to 7.5 million items a month.
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