Tag: Germany

trans-o-flex extends European network capacity

Posted by | Sep 3, 2008 | |

trans-o-flex has invested EUR 13 million in a new centre in Herford in eastern Westphalia, boosting capacity in the company’s domestic and European distribution network.

The new sorting centre, which has three times the capacity of the old facility on the site, became operational on August 30th.

According to head of operations, Wolfgang Weber, the new facility represents several steps forward in the implementation of the company’s sustainability strategy:

– 100% of the electricity used in the centre comes from completely CO2-neutral hydroelectric sources.
– Forklifts are powered by three-phase AC motors, which required fewer charging phases.
– Special door seals reduce heat loss in the winter months
– Rainwater is pre-treated and then drains into the groundwater

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Deutsche Post may call off Postbank sale

Posted by | Sep 2, 2008 | |

Deutsche Post AG may decide to call off a sale of Deutsche Postbank AG at a supervisory board meeting on Sept. 12, Handelsblatt reported, without saying where it got the information.

A previously targeted price for the Bonn-based bank of 10 billion euros (USD 14.6 billion) is now unrealistic, according to the German business newspaper. Deutsche Post has become more skeptical about a sale because of the drop in the valuation of banks, it added.

Bonn-based Deutsche Post, Europe’s biggest mail carrier, owns 50 percent plus one share of Postbank, which has a market value of about 7.3 billion euros.

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FedEx Express to deliver broadest next-business-day service from Europe to the Eastern United States

Posted by | Sep 2, 2008 | |

FedEx Express has upgraded its next-business-day delivery service FedEx International Priority from Europe to major U.S. East Coast cities. Customers who had two-business-day service can now reach more than 3,500 zip codes in key markets along the U.S. East Coast overnight. Customers already enjoying next-business-day delivery service to this region benefit from later pick-up times of up to six hours.

To support the service upgrade, FedEx will launch a new westbound trans-Atlantic flight and fly a wide-body MD-11 freighter daily, Tuesday through Friday, between Paris, Charles de Gaulle Airport and Newark, N.J. The Europe-to-U.S. flight segment comprises part of the FedEx westbound ‘around-the-world’ flight, which enables FedEx to provide customers with access to key markets around the world with highly competitive transit times. The company will also introduce two new Airbus A310 flights, including flights originating from Barcelona and Budapest-Vienna, to offer customers in these areas later pick-up times for enhanced next-business-day service to the U.S.

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Deutsche Post confirms 1 bln eur payment by govt earmarked for shareholders

Posted by | Aug 28, 2008 | |

A spokeswoman for Deutsche Post World Net AG. reiterated the company is earmarking for shareholders the some 1 billion euros it has received from the German government as a payment related to a ruling on state aid.
The European Union’s second highest court July 1 said Deutsche Post did not have to repay 572 million euros in state aid received by the German government, as ruled by the European Commission in 2002.
The EU Commission had ruled that Deutsche Post had used the money to subsidise its parcel operations instead of using it to provide the universal service it is obliged to offer to ensure mail is delivered to remote regions.
Adding interest, Deutsche Post could claim back 1 billion euros and has now received the payment.
Deutsche Post at the time said it will preferably pay out the payment to shareholders ‘pending clarity on other cash-relevant issues’.

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Hermes Logistik introduces diesel surcharge

Posted by | Aug 26, 2008 | |

Hermes Logistik has introduced a diesel surcharge in response to the sharp rise in fuel costs in recent months.

As of August 18, the company is imposing a surcharge of EUR 0.20 for all domestic parcels and of EUR 0.40 for all parcels sent to European destinations. The surcharge is shown separately on all invoices.

Hermes said in a notice on its website that it had decided to follow competitors by introducing a surcharge since it could no longer absorb the higher fuel costs despite “many savings measures and the use of modern vehicles”.

German newspaper Handelsblatt reported that with the surcharge Hermes was now more expensive that DHL for consumer parcels. The cheapest Hermes parcel, including the surcharge, now costs EUR 4.10 while DHL charges EUR 3.90. A DHL spokesman told the newspaper that the German parcel market leader has no plans to introduce a diesel surcharge.

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