Post&Parcel--Deutsche Post DHL announced plans today for the biggest investment in its domestic parcels network since the 1990s.
The company said it will invest EUR 750m in its processing centres and restructure its entire transport network – so that parcels can be delivered anywhere in Germany “as fast as we can deliver a letter today”.
The major investment in Deutsche Post’s parcels unit is directly related to a “booming” market for e-commerce in Germany, where parcel volume growth has gone from a 3.5% yearly average to a near-10% year-on-year growth rate in the first half of 2011.
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The company said it will invest EUR 750m in its processing centres and restructure its entire transport network – so that parcels can be delivered anywhere in Germany “as fast as we can deliver a letter today”.
The major investment in Deutsche Post’s parcels unit is directly related to a “booming” market for e-commerce in Germany, where parcel volume growth has gone from a 3.5% yearly average to a near-10% year-on-year growth rate in the first half of 2011.
Read more!
