Tag: Germany

TPG completes buy out of Jepsen unaddressed mail network in Germany

Posted by | Dec 22, 2003 | |

Mail, express and logistics company, TPG N.V., through its subsidiary TPG Post Holdings (Deutschland) GmbH in Germany, has purchased the remaining 49% of shares in Olaf Jepsen GmbH (Jepsen). TPG Post had already acquired 51% of the shares in 1998.

Jepsen, which generated revenues of around €29 million in 2002, is a key part of the total TPG Post unaddressed mail network in Germany. The company delivers 956 million items such as leaflets and newspapers each year.

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Deutsche Post welcomes US judge's decision on DHL and ASTAR

Posted by | Dec 21, 2003 | |

Deutsche Post World Net AG has welcomed the decision of a US federal judge that the cooperation between Post subsidiary DHL and US airline ASTAR Air Cargo is legal.

According to a press release from ASTAR, US Department of Transportation (DOT) administrative law judge Burton Kolko ruled that ASTAR is indeed owned and controlled by US citizens and can continue to operate. Under US law, US certified airlines must be ‘citizens of the United States’.

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Blow to UPS and FedEx as Astar is judged to be US-controlled

Posted by | Dec 20, 2003 | |

A federal judge has ruled that Astar Air Cargo is a US-controlled air carrier, dealing a hefty blow to UPS and FedEx which have long argued the airline is owned and operated by the German postal monopoly, Deutsche Post.

The decision, administered by Burton Kolko, an administrative law judge at the Department of Transportation, removes a major hurdle for Deutsche Post as it muscles into the lucrative $47bn US package delivery market.

Astar flies almost exclusively express packages for DHL Worldwide Express, a subsidiary of Deutsche Post.

The decision also signals the near end of a three-year ordeal by FedEx and UPS to prove Astar’s close ties with Deutsche Post violate foreign ownership laws.

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Deutsche Post makes good progress with restructuring of Express Services

Posted by | Dec 19, 2003 | |

Deutsche Post, the German postal service, says that it has made good progress with the restructuring of its parcel and express services in Germany and Europe. All of the company’s services in this field are to be combined under the umbrella of DHL Express. This is expected to lead to job cuts, as the company believes that it will be able to carry out the same volume of work with fewer staff. DHL currently employs 90,000 staff in Europe. In particular, staff in administrative functions are expected to be affected by the changes.

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Deutsche Post loses legal dispute regarding brand name

Posted by | Dec 16, 2003 | |

Deutsche Post AG, the German postal service, has lost a legal dispute concerning the brand name used by another logistics company in Germany. The company had objected to the plans of EP Europost, a subsidiary of Dutch postal company TPG Post, which wished to change its name to ‘TPG Post Deutschland’. The German office for patents and brand names in Munich has dismissed Deutsche Post’s objections. Deutsche Post now plans to appeal against the decision.

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