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DPSGY Deutsche Post AG (PK)

49.33
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Deutsche Post AG (PK) USOTC:DPSGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 49.33 0.00 01:00:00

Deutsche Post's DHL Expands Rail Freight Services Between Europe and China

04/11/2019 10:12am

Dow Jones News


Deutsche Post (PK) (USOTC:DPSGY)
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From May 2019 to May 2024

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   By Kim Richters 
 

Deutsche Post AG (DPW.XE) said Monday that its subsidiary DHL Global Forwarding opened three rail freight centers to handle increasing demand for services between Europe and Asia.

The German logistics company said DHL opened centers in Le Havre, France, Felixstowe, U.K. and Genoa, Italy.

"Chinese rail experts" will be working at the sites to advise customers and coordinate freight volumes, it said.

The company also launched a new rail freight service between the Chinese city of Xi'an and German cities Hamburg and Neuss that will cut transit time to 10-12 days from 17 days. It is cooperating on the project with Xi'an International Inland Port Investment & Development Group Co.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

November 04, 2019 04:57 ET (09:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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