Tag: Germany

When it comes to delivery, Germans and Americans are pretty hard to beat

Posted by | Sep 4, 2002 | |

Today’s is a tricky row to hoe. There are, I fear, many among you who, in about 800 words’ time, will be hurtling to your own keyboards and dashing off fulminating letters, faxes, and e-mails to the Editor, imploring him to lose not a moment in putting my P45 in the post. You will do this in the name of patriotism. And because you are patriots, you will loyally accept that precious few of your letters, faxes, and e-mails will get to him, and that, should he act on your imploring, my P45 will not reach me for some months, if at all, with the result that I shall continue to churn out my weekly column in complete ignorance – so no change there – until such time as he sends a couple of Wapping heavies round to break my typing-finger.

Read More

Deutsche Post pushes on with E1bn bond issue

Posted by | Sep 2, 2002 | |

Deutsche Post, the semi-privatised German Post Office, has resumed plans for a E1bn benchmark bond issuance. The Bonn-based firm has appointed Credit Suisse First Boston and Morgan Stanley as lead managers and is to embark on a roadshow among institutional investors. It is scheduled to take place between 9-13 September, and will focus predominantly on Germany and the UK.

Read More

Deutsche Post to buy the rest of DHL

Posted by | Sep 1, 2002 | |

In an effort to secure for itself a concrete place in the international parcel business, Deutsche Post is set to purchase the remaining shares of express air courier DHL International of Brussels.
Deutsche Post, which is 70 percent owned by the German government, is Europe’s largest postal company, The company said July 5 it will purchase the 25 percent stake of DHL owned by Lufthansa for about $593 million. It currently owns 50 percent of the company and controls its management.
In addition to the Lufthansa shares, DeutschePost said it has plans to acquire additional shares owned by Japan Air Lines and other institutional investors. DHL is the largest air express carrier outside the U.S.

Read More

UPS, FedEx in air war with DHL

Posted by | Aug 30, 2002 | |

The nation’s two largest package carriers are trying to keep the world’s largest package carrier out of the country.
United Parcel Service Inc. and FedEx Corp. filed separate petitions in August asking the U.S. Department of Transportation to review the ownership of DHL Airways. They suspect that DHL Airways Inc. is violating a federal law that restricts to 25 percent the foreign ownership of airlines operating within the United States.
The companies believe that DHL Airways is owned and controlled by Deutsche Post, the German postal monopoly that is 70 percent owned by the German government, but the ownership is disguised in a complex arrangement of subsidiaries.
“We are talking about the government of Germany competing against private individuals in the United States,” said Norman Black, a spokesman for UPS. “Nothing more. Nothing less.”

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest