The management of Deutsche Post, the German postal service and logistics operator, has indicated that the group will reduce the number of its post offices to 12,000 within one to two years’ time.
Meanwhile, the company has ruled out further increases in postage charges for the current year. Postage prices are also unlikely to be increased next year, according to management.
Read MoreThe Profitability of the Mail Division of Deutsche Post – a report for UPS by National Economic Research Associates (NERA).
P:LIBRARYPostalThe profitability of the Mail Division of Deutsche Post – Nera report.pdf
German postal group Deutsche Post World Net said on Friday it plans to invest millions of dollars in Asia this year as part of its aim to maintain double-digit revenue growth in the region. ‘It’s in the three-digit million area for one year, in U.S. dollars,’ Klaus Zumwinkel, chairman of the board of management of Deutsche Post, told a news conference in Singapore. ‘In Asia, we are growing double-digit in revenues so we need more people and more investments.’
Read MoreDeutsche Post’s plan to outsource package-delivery services is meeting opposition from German services union ver.di.
Deutsche Post Chief Executive Klaus Zumwinkel said the mail, parcels, logistics and financial services company might outsource package services in Germany to cut wage costs.
Read MoreDeutsche Post, the semi-privatised German postal authority, plans to continue expanding in Europe via acquisitions, but will nevertheless streamline its activities in Germany, the group’s chairman Klaus Zumwinkel said in a newspaper interview published Thursday.
“We want to build up a letter delivery network across the whole of Europe,” by buying up small players in countries where the national companies have a strong market position, Zumwinkel told the daily Die Welt.
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