The Deutsche Post AG, operating under the trade name Deutsche Post DHL Group, is a German multinational package delivery and supply chain management company headquartered in Bonn, Germany. It is one of the world's largest courier companies. The postal division delivers 61 million letters each day in Germany, making it Europe's largest such company. The Parcel division DHL is a wholly owned subsidiary claimed to be present in over 220 countries and territories.
|Deutsche Post DHL Group|
|Founded||January 2, 1995|
|Headquarters||Post Tower, Bonn, Germany|
|Nikolaus von Bomhard (Chairman of the supervisory board), Frank Appel (CEO), Melanie Kreis (CFO)|
|Services||Letter post, parcel service, EMS, delivery, freight forwarding, third-party logistics|
|Revenue||€81.75 billion (2021)|
|€7.98 billion (2021)|
|€5.42 billion (2021)|
|Total assets||€63.59 billion (2021)|
|Total equity||€19.50 billion (2021)|
|Owners||Public float (79%) |
Federal Republic of Germany via KfW bank (21%)
Number of employees
The Deutsche Post is the successor to the German mail authority Deutsche Bundespost, which was privatized in 1995 and became a fully independent company in 2000. Since its privatization, Deutsche Post has significantly expanded its business area through acquisitions. In late 2014, the group acquired StreetScooter GmbH, a small manufacturer of electric vehicles. Two years later, the group acquired UK Mail, a business-focused postal service in the UK for US$315.5 million (£243 million). The former company became a division of the Deutsche Post European parcel network.
The Deutsche Post DHL Group 2016 earnings before interest and taxes (EBIT) was €3.491 billion (up 44.8 percent over 2015), with a net profit of €2.64 billion on revenue of €57.334 billion. Return on equity, before taxes, was 27.7 percent. The group's long term credit rating, in November 2016, was BBB+ with a Stable outlook per Fitch's.
Deutsche Post AG is listed on the Börse Frankfurt (Frankfurt Stock Exchange) as DPW and is in the Euro Stoxx 50 stock market index. In 2016, 20.5% of the group's shares were held by the state-owned KfW bank; 79.5% were freely floating: 65.6% held by institutional and 10.8% by private investors.
The Deutsche Post DHL Group has become a large, world-wide company in about two decades. The following are significant dates in the development into its current form.
The postal division delivers approximately 61 million letters every working day in Germany, and provides services across the entire mail value chain, including production facilities at central hubs, sales offices and production centers on four continents.
This division inherited most of the traditional mail services formerly offered by the state-owned monopoly, for which it uses the Deutsche Post brand. Its exclusive right to deliver letters under 50 grams in Germany expired on 1 January 2008, following the implementation of European legislation. A number of companies are vying to challenge Deutsche Post's near monopolistic hold on letter deliveries, including Luxembourg-based PIN Group and Dutch-owned TNT Post. In 2002, Deutsche Post was granted a license to deliver mail in the United Kingdom, breaking Royal Mail's long-standing monopoly.
In 2016, in Germany alone, the Post – eCommerce – Parcel (PeP) division delivered over 1.2 billion parcels, an increase of 9.3% over 2015, much of it as result of shipping products purchased by customers on-line. The e-commerce aspect helped to generate a great deal of revenue. This division's revenue increased by 4.1 percent to €16.8 billion while earnings before interest and taxes (EBIT) increased by 30.8 percent to over €1.4 billion.
The DHL Express division offers worldwide courier, express and parcel shipment service, combining air and ground transport, under the DHL brand. It owns five airlines: European Air Transport Leipzig, DHL Air UK, DHL Aero Expreso, SNAS/DHL and Blue Dart Aviation.
Express is divided into business units along regions:
The DHL Global Forwarding division carries goods by rail, road, air and sea under the DHL brand and includes the DHL Freight operation which runs a ground-based freight network covering Europe, Russia and traffic into the Middle East. In 2016, this division's revenue declined by 7.7 percent to €13.7 billion but operating profit before interest and taxes (EBIT) improved from -€181 million in 2015 to +€287 million.
The DHL Supply Chain division provides contract logistics and corporate information. In 2016, this division's revenue decreased by 11.6% to €14.0 billion versus 2015, but operating profit improved by 27.4% to €572 million.
The division consists of two main business units:
In July, 2020, Deutsche Post DHL Group significantly increased earnings in Q2 2020 despite COVID-19. Operating profit (EBIT) improved by around 16% to around EUR 890 million.
In December 2014 Deutsche Post DHL Group purchased StreetScooter GmbH, a small manufacturer of electric vehicles in Aachen, Germany. By April 2016, the company announced that it would produce 2,000 of the StreetScooter Work model in Aachen by year end.
The Work vehicle is equipped with lithium-ion battery packs and is powered by 30 kW asynchronous electric motors. The peak/continuous output is stated as 48 kW/38 kW. The range (before the need to recharge) is said to be 50 to 80 km, depending on the weight of the load and traffic conditions. The load capacity is 710 kg.
Deutsche Post's 2016 annual report indicates that it plans to replace its fleet of delivery vehicles in Germany with the electric StreetScooter products "in the medium term". Electric vans and trucks with a much greater range will be required to achieve the very long-term goal of replacing the group's entire fleet of approximately 70,000 vehicles with electric StreetScooter vehicles.
A mass production plan was announced in April 2016. StreetScooter GmbH would be scaling up to manufacture approximately 10,000 vehicles annually, starting in 2017. If that goal is achieved, it would become the largest electric light utility vehicle manufacturer in Europe, surpassing Renault which makes vans such as the Kangoo Z.E.
In addition to producing vehicles for Deutsche Post and DHL Express, StreetScooter has made marketing contacts with "numerous industries". A management board member told the media in March 2017 that one potential customer is considering a "very, very large number" of StreetScooters. More specifics would be announced in the next few months. The long-term business plan will require other types of models, some much larger, with entirely different equipment. StreetScooter showed a larger prototype, the Work L, in September 2016 that will provide double the capacity in cargo size; its load capacity will be 1,000 kg. The range (before recharging is necessary) is estimated at "up to 100 km". The company also announced that it was developing a Work Orange model with an "electro-hydraulic three-way dumper" for use by businesses that deal in trash or construction material handling. 
The Deutsche Post DHL Group's GoGreen program is intended to reduce emissions of greenhouse gases and local air pollutants. The company has four interim goals for doing so, to be achieved by the year 2025. The long-term target, summarized by Frank Appel, Chief Executive Officer, is more aggressive. "From now until 2050, our mission will be to drive our business toward zero [logistics related] emissions. We are setting the standard for the future of the transport sector and doing our part to help the world community reach its goal of limiting global warming to less than two degrees Celsius."
Deutsche Post DHL hat den Kaufvertrag für die StreetScooter GmbH unterzeichnet - ein ehemaliges Start-up aus dem Umfeld der RWTH Aachen mit dem Ziel, wirtschaftliche Elektroautos zu entwickeln. Mit der Übernahme der StreetScooter GmbH, die noch unter dem Vorbehalt der fusionskontrollrechtlichen Freigabe steht, übernimmt Deutsche Post DHL auch die Entwicklungs- und Produktionsrechte an den Fahrzeugen sowie die Mitarbeiter. Die StreetScooter GmbH ist ein Spin-Off der RWTH Aachen und als Konsortium aus rund 80 Industrieunternehmen der Automobilindustrie und verwandter Branchen gestartet. Es wurde 2010 gegründet und beschäftigt 70 Mitarbeiter. Seit 2013 sind in Aachen im ehemaligen Talbot-/Bombardierwerk rund 200 StreetScooter Fahrzeuge produziert worden.
Provided its StreetScooters can be produced cheaply enough compared to the alternative of buying e-vans from established auto makers, the bottom line of the world's biggest delivery services company stands to benefit from producing its own delivery vehicles - whether or not it eventually adds profits from sales of e-vans to third parties.
Die Post will ihren gesamten Fuhrpark auf Elektro-Autos umstellen. Bis dahin dauert es noch. Einen wichtigen Schritt hat das Unternehmen nun aber gemacht.
When Deutsche Post AG couldn’t find a zero-emission delivery van that met its needs, it bought a startup and developed one. Now Europe’s largest postal service may start selling those vehicles — dubbed StreetScooters — to others, showing the potential for disruption in the rapidly changing auto market.
By the year 2050 we want to reduce all logistics-related emissions to zero – a highly ambitious goal. To ensure progress towards the 2050 zero-emissions target, we have set four interim goals to be achieved by the year 2025.
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