name: Deutsche Post
Deutsche Post is the largest express company in the world. Deutsche Post is headquartered in Bonn. Deutsche Post’s business includes letter mailing, parcel service, EMS, door-to-door delivery, freight forwarding, and third-party logistics. Deutsche Post’s business covers more than 220 countries worldwide.
The chairman of the Deutsche Post Supervisory Board is Wulf von Schimmelmann, the CEO is Frank Appel, and the financial director is Lawrence A. Rosen. In fiscal year 2011, Deutsche Post’s revenue was 52.82 billion euros, operating income was 2.393 billion euros, profit was 1.163 billion euros, total assets were 38.40 billion euros, total equity was 11.19 billion euros, and 424351 employees.
Deutsche Post was privatized in 1995. Currently, KfW Bank owns 25.5% of shares, institutions hold 67.0% of shares, and private investors hold 7.5% of shares. Since privatization, Deutsche Post has rapidly expanded its business areas through acquisitions. Now, Deutsche Post has been listed on the stock DAX index.
Deutsche Post has two main business units for forwarding/freight:
DHL global freight logistics processing.
DHL land-based freight network covering Europe, the Middle East and Russia.
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