Christian Salvesen opt for a leaner business approach
Christian Salvesen, the UK logistics company, is to cut 25 per cent of its German workforce in an effort to stem losses caused by difficult market conditions and late adaptations.
Read MoreTag: Germany
German Finance Ministry Defends Postal Service Tax Break
Deutsche Post AG looked likely Friday to emerge financially unscathed from a political dispute over a sales tax exemption for the partially privatized mail group.The lower house of parliament’s auditing committee will reject suggestions that an extension of the 16% sales tax exemption to areas where Deutsche Post doesn’t have a guaranteed monopoly was illegal.
Read MoreDeutsche Post Defends Controversial Tax Break
Deutsche Post AG is on course for a row with the German audit office over the extent to which the German postal services and logistics group should enjoy its controversial freedom from sales tax. On Thursday, Deutsche Post denied that it was currently enjoying an unfair competitive advantage due to tax breaks. A company spokesman said its freedom from sales tax was conferred under German and European Union law by virtue of its status as the provider of a public service.
Read MoreDeutsche Post could soon be fined more than EUR800 million
The European Union could soon slap Deutsche Post AG with a record penalty of more than EUR800 million for allegedly using revenues from its monopoly letter business to undermine express mail competitors like United Parcel Service (UPS), say lawyers and a former E.U. Competition Commissioner.
Read MoreTime-definite becoming preferred mode for forwarders says LH Cargo
DEMAND for guaranteed time-definite air cargo services is on the increase. fully justifying some companies’ increasing commitments to that market sector, writes Nigel Tomkins.
Such products are even becoming the preferred service of choice for f cight forwarders, notes Lufthansa Cargo.
The industry change has also prompted systems integration specialist Syntegra to launch a new automated product that enables airlines and ground handling organisations to successfully deliver time-definite products. Called CargoChorus Service Management, it automatically identifies service levels associated with individual shipments, creates key milestones, and monitors progress during the shipment life-cycle, reveals Mike Navin, global programme director.
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