La Poste, the French post office, is interested in a total takeover of its German subsidiary DPD, which ranks third in Europe in parcel delivery. La Poste has held an 85 per cent stake in the company for more a year.
Read MoreDeutscher Paket Dienst (DPD), the German postal service provider, is aiming to improve its position on the country’s market by expanding its network. It aims to increase the number of packages it delivers this year, from 355 million to 434 million, and will increase all prices by 5 per cent from the start of April.
Read MoreFiege, the German logistics group, is hoping to have built up a nationwide network of private postal delivery companies by 2004. It is currently the second largest postal delivery company in the country, behind Deutsche Post. It is currently in negotiations with Neckermann and various hospitals, in an attempt to increase its network.
Read MoreThe German association of wholesale and export traders (BGA) on Tuesday said it is taking action against postal services group Deutsche Post to contest the rates it charges in monopoly areas. It said it is demanding repayments totaling 21,000 euros.
The case could compel German regulators to lower the minimum letter price or prompt similar complaints from numerous other industry groups. A ruling is expected within six months, though a subsequent appeal by either side is possible.
DB Cargo AG, the goods-transport unit of Deutsche Bahn AG, said it and its French counterpart, Fret SNCF, plan to abolish time-consuming and costly clearing procedures at the German-French border
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