Deutsche Post AG, the German postal service provider, has announced plans to invest 2.5bn euros in it global IT network in this year. It believes it will be able to make potential savings of around 20 per cent.
The worldwide network will be managed by a subsidiary company, IT Solutions, with a staff of 1200.
Within the scope of an alliance between French La Poste and Fedex Express the US mail services company will carry postal consignments of the German La Poste parcel subsidiary Deutsche Paketdienst (DPD) on international and intercontinental flights. The Fedex/DPD cooperation concerns deliveries of DPD’s new express service, which is to be offered as of 1 July 2002.
Read MorePan Nordic Logistics (PAL), owned by the Post Offices i Norway and Denmark, and Deutsche Post, the German Post Office, are considering co-operating in parcel distribution. Deutsche Post is the largest company on the European logistic market with a nearly 20% market share, while PAL has a 1.5% market share in the whole of Europe, but one third of the Nordic market. Information director Elisabeth Gj?lme, Posten Norge, the Norwegian Post Office, doesn’t wish to make any comments about the issue.
Read MoreDeutsche Post AG, the German postal service operator, plans to take advantage plans by Brussels to open up the EU telecommunications market. The EU has now decided to reduce the upper weight limit for monopolies on letter deliveries to 100 grams on 1 January 2003, and further to 50 grams on 1 January 2006. Deutsche Post reports that it has already proved its abilities on an ‘extensively deregulated domestic market’ and that it plans, gradually, to make use of potential offered by other European markets.
Read MoreAccording to provisional figures, the Lufthansa group posted an operating profit of US$17.54 million in the 2001 business year.
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