Germany's post -- now Deutsche Post DHL -- was privatized in 2005 and has become a major player in the global delivery and logistics business.
And it expanded from moving cash and valuables into a general parcels joint-venture with Deutsche Post.
Only the ex-monopolists at Deutsche Post can be pleased, which many suspect was the point of the wage agreement.
Deutsche Post-owned DHL, but its general financial health is often monitored by conditions in rail companies like Union Pacific and CSX Corp.
FORBES: FedEx: Disappointing Q3 Profit Sends Another Warning About Slowing Asian Growth
FedEx competes chiefly with UPS and Deutsche Post-owned DHL, but its general financial health is often monitored by conditions in rail companies like Union Pacific and CSX Corp.
FORBES: FedEx: Disappointing Q3 Profit Sends Another Warning About Slowing Asian Growth
He told Forbes.com that it was not only mail operators like Deutsche Post (other-otc: DPSTF - news - people ) and France's La Poste looking to use high-speed rail networks--now big projects such as the new freight railway between the Netherlands and Germany had attracted a wider mix of businesses.
Mr Mehdorn is spurred by the example of Deutsche Post, whose McKinsey-bred management has turned it from a sleepy sorting office into a global logistics firm.
The European Commission launched antitrust investigations into Deutsche Post , Germany's state-run post office.
Rivals mutter that Deutsche Post's huge investment in non-letters businesses is designed to ensure there is enough work for the 33 state-of-the-art package-sorting centres that it built at great cost a few years ago.
He told Forbes.com that it was not only mail operators like Deutsche Post and France's La Poste looking to use high-speed rail networks--now big projects such as the new freight railway between the Netherlands and Germany had attracted a wider mix of businesses.
By next year a quarter of Deutsche Post's turnover is expected to come from logistics (freight-forwarding and the like), up from almost nothing last year.
It will also enable DB ML to invest in foreign expansion it is the fifth-biggest logistics operator worldwide, but with less than half the turnover of Deutsche Post and its subsidiaries DHL and Exel.
应用推荐