Panalpina, a European forwarding and logistics services provider, is expanding its Frankfurt operations and moving into the CargoCity Sud section of the airport in a move that will make it the Swiss company’s third European airfreight hub.
Read MoreDeutsche Post has acquired a a further 2% holding in Guipuzcoana taking its share from 49 per cent to a majority 51 per cent.
Read MoreDeutsche Post World Net AG plans to invest at least 1 bln eur to expand its mail operations in Europe, management board chairman Klaus Zumwinkel said in an interview with Financial Times Deutschland.
Read MoreRegTP, the German postal and telecoms watchdog, has given its backing to the announcement earlier this week by Deutsche Post, the country’s postal service provider, of a reduction in its postal charges. This will mean that carriage of a letter or postcard will be cut by an average of 7.2 per cent. These price cuts will be valid until the end of 2003.
Read MoreThe German Federal Armed Forces has given the contract for national and international shipments of equipment, medical supplies, consumer goods and documents to Deutsche Post and its express subsidiary DHL.
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