The rise and rise of the integrators
The rise and rise of the integrators – Paul Jackson
Read MoreTag: International
Deutsche Post not considering complete pull out Of US Operations
Deutsche Post AG said on Monday (15th September) it is not considering a complete pull out from its U.S. operations, denying a weekend press report.
The U.S. is a definitive part of the global postal network and therefore a necessary market for Deutsche Post, a spokesman said.
Over the weekend, Handelsblatt newspaper reported the company could pull out if business doesn’t improve.
Deutsche Post also said it still aims to begin a planned cooperation with United Parcel Service (UPS) in 2009.
Read MoreDHL plans major expansion in Brazil
DHL Express will invest substantially in Brazil this year with a near 25pct rise in employees, more vehicles and new ground facilities to expand in the strongly growing domestic express market, according to local media reports. It is targeting 20pct revenue growth in 2008.
The company already expanded its operations in the country in the first half of the year with several new facilities and service-points. DHL has opened four new locations in Alphaville and Campinas (Sao Paulo state), the capital Brasilia, and the southern metropolis of Porto Alegre, along with a distribution centre in Rio de Janeiro and a service-point in a major Sao Paulo shopping complex, the Gazeta Mercantil reported. DHL Express Brazil now has a network of 57 locations.
Juliana Vasconcelos, marketing director for DHL Express Brasil, was cited as saying that the company aims to strengthen its presence in the market and expand its range of services.
The Rio-based Jornal do Commercio reported that DHL Express is targeting a 20pct increase in revenues this year. DHL also aimed to profit from the rapid growth in e-commerce in Brazil.
Read MoreDHL Pakistan inks MoU for export customs clearance
Pakistan Customs and DHL signed a Memorandum of Understanding for in-house export customs clearance at Karachi gateway for outbound shipments.
This augments the commitment of Pakistan Customs to support change and align themselves with global trends. DHL Pakistan looks at innovative methods to lend support to the business community. “We will have faster clearance of the Import and Export throughput with In-House Customs” said DHL Pakistan spokesman.
Read MoreLa Poste plans to buy Spain's Seur
La Poste decided to investigate buying a 52pct stake in Spanish express parcels company Seur by exercising its right to counter a rival bid, French media reported. This would give it a controlling holding of nearly 72pct in the company.
The decision follows the August 1 offer by British financial investor Doughty Hanson of EUR 520 million for a 52pct stake in Seur that a group of small shareholders put up for sale as a packet. The French postal operator, which already holds 19.6pct in Seur through its express holding GeoPost, has the right to match or outbid any offer for Seur shares under an existing agreement.
The French postal operator said in a statement that GeoPost had been authorised by La Poste’s supervisory board to exercise its right to pre-empt the other bidder and it would now make “deeper investigations” in the coming months, according to an AFP report. La Poste would take a decision on the final conditions for this potential acquisition based on these investigations, it added.
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