From 1 March 2003, Deutsche Post will simplify the dispatch of counter parcels and reduce weight steps from 4 to 3. Thus, in the future the weight steps will be up to 5 kg, over 5 kg to 10 kg, as well as over 10 kg to 20 kg. This also generates new pricing structures for all domestic and international parcel and express shipments, including an increase in the charge for a small packet sent within Germany from EUR 3.68 to EUR 4.10.
Read MoreDeutsche Post, the semi-privatised German postal authority, wants to acquire a stake in the Chinese state-run logistics firm, Sinotrans, a board member of the German group said in a newspaper interview published Wednesday.
“We’ve expressed our strong interest in a strategic partnership to the Chinese government,” Deutsche Post board member Uwe Doerken told the Financial Times Deutschland.
“We hope our leading market position and our long-standing joint venture with Sinontrans will make us the preferred candidate for a stake,” he added.
Read MoreDeutsche Post, the German postal operator, is optimistic that German and EU antitrust authorities will end their opposition to the company’s integration of the domestic and foreign activities of Trans-o-flex Schnell-Lieferdienst, the German-based logistics group. The company intends to acquire Casa di Spedizioni Ascoli, the Italian logistics company, a former subsidiary of Trans-o-flex, within the current month. Deutsche Post had acquired six foreign subsidiaries of Trans-o-flex in 2000, but, as the EU then expressed reservations over the deal, and as the German company was launching its IPO and wished to avoid any conflict, Ascoli was transferred to financial service provider Bayernfinanz.
Read MoreDeutsche Post World Net will be acquiring Casa di Spedizioni Ascoli S.p.A., Milan effective January 15, 2003. This parcel company is a former subsidiary of trans-o-flex-Schnelllieferdienst GmbH, Weinheim. Approval has been granted by the responsible anti-trust authorities.
Read MoreDeutsche Post is close to acquiring the remaining 50 per cent stake in Securicor’s UK parcels distribution business. The German postal operator is seeking to streamline its express, freight and logistics services under one roof and to close remaining gaps in its pan-European delivery network. “We are in the final stages of securing a deal – it is imminent,” said a person close to the talks. Deutsche Post is expected to pay up to €300m (£192m) for the 50 per cent it does not already own in Securicor Distribution.
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