DPWN sets sights on China and India
DPWN sets sights on China and India
Read MoreTag: Germany
Consolidation DP's top priority in Europe
Deutsche Post is looking at acquisitions in Asia, but has no plans to buy more companies in Europe or the US as it enters a phase of consolidation. Asked what funds were still available for acquisitions, chairman Klaus Zumwinkel told IFW: “We don’t really think in terms of how much we have available. We have enough financial capacity to make small, medium or even big acquisitions. But our priority for the forseeable future is not acquisitions, but to integrate and streamline the operations we have. It is here we are spending money, such as the EUR150m we are spending integrating and upgrading activities in the Benelux region. Our main priority in the US is to integrate Airborne with DHL.” He estimated DP would spend between EUR1.5bn and EUR3bn over the next three years on integrating and upgrading operations and processes.
Read MoreDHL launches new link with top customers
Deutsche Post subsidiary DHL has launched Global Customer Solutions, a direct link to its top 100 customers worldwide who account for EUR3.2bn (USD3.7bn), or 13 of annual revenues.
Peter Kruse of DHL Europe said the hi-tech and pharmaceutical industries had expressed their need for ‘a single interface’ with the logistics giant.
The vast majority of customers will still be served at regional and local level by the existing DHL management infrastructure.
Read MoreGerman Deutsche Post will have to reveal its cost structure
The Supreme Administrative Court in Germany has ruled that Deutsche Post, the German postal service, must disclose its cost structure in future. According to the court’s decision, it must be possible to check fees for the company’s services which have been set by the regulatory authority in court. The German association for international express and courier services hopes that this decision will help to open up the market for postal services.
Read MoreDachser invests in food logistics
Dachser invests in food logistics
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