Monster trucks could soon be coming to a German autobahn near you. A controversial programme aims to test the 25-metre-long "gigaliners" on the country's roads.
Deutsche Post, the world's leading logistics company, said Tuesday that its second quarter net profit more than tripled from the same period a year earlier to €278 million ($396 million).
Months after terrorists sneaked a letter bomb past German airport cargo checks all the way into the Chancellery mail room, logistics security reportedly remains lacking as inspection jobs remain unfilled.
The German government said Saturday it has relaxed its ban on flights from Yemen, allowing passenger planes to travel between the two countries but still forbidding freight.
Officers from the Federal Office of Civil Aviation have conducted unannounced checks on more than 20 shipping and logistics companies in Germany in what appears to be a reaction to two separate parcel bomb incidents last week.
German Chancellor Angela Merkel on Wednesday called for tighter security measures for international cargo shipments and postal services, one day after an explosive package was discovered in the Chancellery’s mailroom.
German logistics giant Deutsche Post said Tuesday that it swung back into the black last year, following a massive 2008 loss, and was in good shape for 2010.
Germany's national postal service Deutsche Post has finalised the details of its new “hybrid mail” service. The combination of e-mail with traditional "snail mail" will be €0.09 cheaper per letter, the company said on Friday.
The German logistics giant Deutsche Post said on Monday it would cut 9,500 jobs as part of restructuring of the loss-making DHL express mail delivery activities in the United States.
The German bank Postbank announced on Monday an emergency capital increase worth up to €1 billion ($1.24 billion) to replenish it balance sheet which has been hit by the international financial crisis.