Thiel sells off more companies
Thiel sells off more companies
Read MoreThiel sells off more companies
Read MoreDeutsche Post AG have said no decision has been made on moving the European hub of its DHL express package carrier from Brussels airport to a new location -but that the German city of Leipzig was in the running if it chose to quit Belgium.
“There are capacity problems (in Brussels) which have to be resolved,” said Ina Quilling, a spokeswoman for Deutsche Post which owns DHL.
Read MoreDeutsche Post AG, the German postal service, has reduced its stake in GFT Technologies AG, the German internet service provider, from 12 per cent to under 5 per cent. The sale of the shares is said to form part of Deutsche Post’s strategy of limiting investments to activities which form part of its core business.
Read MoreHellmann and Stinnes forge intermodal cooperation
Read MoreWhat next for TPG, the Dutch mail, parcels and logistics giant, now that industry fixture Alan Jones has quit as managing director of the TNT Express division?
Although the surprise announcement in December spoke of an ‘amicable’ agreement, it is an open secret that the root cause of Mr Jones’ departure, after 23 years with TNT, was a difference of opinion over future strategy.
Industry insiders suggest that straight-talking Mr Jones wanted to keep the express parcel and logistics businesses as two distinct entities.
Opposite him was Peter Bakker, chief executive of parent group TPG, who wanted closer and seamless co-operation between the two.
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