Tag: Mail Services

Deutsche Post to sell Trans-o-Flex stake after ruling

Deutsche Post AG plans to sell its 24.8 percent stake in the Trans-o-flex Schnell Lieferdienst GmbH parcel sorting company after a German court blocked the purchase on antitrust concerns. Deutsche Post bought the Trans-o-flex holding in July 1997 and four years later asked Germany’s Cartel Office for permission to buy the remainder from Bayerische Landesbank. Deutsche Post went to court after regulators rejected the proposal in 2001. Germany’s Federal Court of Justice in Karlsruhe in a ruling today confirmed a lower court decision blocking the takeover. “After the decision of the Federal Court of Justice, the company will continue with its good cooperation with trans-o- flex,” Bonn-based Deutsche Post said in a faxed statement today. “The extent of the cooperation will be decided on a case-by-case basis.”

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Steps taken to resolve An Post crisis

Communications Minister Noel Dempsey stepped in last night to try to resolve the growing crisis at An Post. Only days after more than 4,000 postal sorters rejected a proposed 5.35pc pay deal in return for cuts in jobs and overtime, the minister met with management and the Communications Workers Union in Dublin. In a pre-Christmas plea, Mr Dempsey urged both sides to work in partnership to overcome their current difficulties and “plan for the future of the company”

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DHL in 50/50 jv with New Zealand’s NZ Post

Deutsche Post World Net AG’s express mail courier DHL said it has agreed to launch a 50/50 joint venture with New Zealand’s NZ Post.

German newspaper Die Welt reported at the end of November that the two groups were close to agreeing a joint venture.

The company gave little detail about the operations of the new venture but did suggest it will compete in the New Zealand-Australian express mail market by giving a figure for the sales potential of this market of about 185 mln aud per year.

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Chairman plans shake up of French postal system

Jean-Paul Bailly, chairman of La Poste, intends to overhaul the country’s postal system to bring it up to par with the needs of 21st-century France. Mr Bailly plans to bring more work to underused branches, including the assumption of some local-government functions or sale of tennis-court reservations or train tickets. Through the reforms, the La Poste chairman is seeking to upgrade mail service, create ties with small businesses and boost revenue from financial services.

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NZ Post and DHL join forces for new international service

New Zealand Post and the international freight firm DHL have formed a joint venture which they say will offer far better service to burgeoning markets such as South East Asia, China, Japan and India. The 50/50 joint venture is for the express and logistics business of New Zealand Post’s Express Couriers Ltd, which includes the brands CourierPost, Pace!, Skyroad and Contract Logistics, and road and air line haul operations. New Zealand Post Chief Executive, John Allen said working with DHL would allow them to offer a more comprehensive service to New Zealand businesses in the local and international markets. He said the new operation could offer a service which was uniquely attractive to New Zealand businesses.

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