Tag: USA

DPWN Grows U.S. Air Express Network?

October 18, 2001 — Paul Needham, Reuters: “Deutsche Post World Net is looking at strengthening its presence in the U.S. air express market to complete the formation of its global express network, a board member told Reuters on Thursday. ‘We cannot operate this worldwide air express network without a strong U.S. presence. How this can be organised is something we are looking into,’ said Peter Kruse, board member for European express services while at the German logistics conference in Berlin. Kruse declined to comment on reports in German media that Deutsche Post was interested in acquiring listed transport company Airborne Express , the third-largest domestic air express transport operator in the U.S. after UPS and FedEx . Earlier on Thursday Deutsche Post CEO Klaus Zumwinkel described the reports as ‘speculation’ which had been circulating for 12 months or more. Airborne Express has also declined to comment on possible Deutsche Post interest.

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