Deutsche Post World Net presented its figures for the first nine months of the current year in Frankfurt/ Main today. The Group increased revenue year-on-year by just under 16 percent to €28.8 billion, mainly as a result of the acquisition of a majority stake in DHL International. In line with Group strategy, the proportion of revenue generated abroad rose from just over 31 percent to roughly 40 percent.
Read MoreToday, immediately following the European Commission’s approval last week of its takeover of DHL, Deutsche Post World Net has launched a Group-wide value enhancement programme, “STAR”. The programme aims to ensure the complete integration of the Group companies DHL, Danzas and Deutsche Post Euro Express.
Read MoreHays has opened a new parts-management distribution centre in Madrid for Iveco –the £10 million investment in Spain is the latest move in a £200 million, five-year pan-European logistics solution developed by Hays in partnership with Iveco.
Read MoreTNT Post Groep (TPG), the Dutch postal and logistics group, hopes soon to enter the German market, and reports that it is currently holding talks with potential co-operation partners. The Dutch group assures that it would have no difficulty in financing the deal.
Read MoreThe European Commission approved German post office Deutsche Post World Net’s mail joint venture with Wegener NV to distribute regular mail in the Netherlands. The partially privatized German postal distributor hopes to become the second- largest player in the Dutch postal market after the former monopoly TPG NV.
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