Combined Kuehne & DHL GFF? A world-beating pure-play forwarder
The natural evolution of the species (asset swap included)
© Khunaspix Dreamstime.
By Alex Lennane
Deutsche Post’s now infamous IT project could be scrapped, the company revealed yesterday after announcing its second-quarter results. Getting rid of it completely would be very unlikely, however, because of the investment involved so far. It said it would make a decision before its Q3 results. Its NFE transformation project was put on hold in May for being overly ambitious and negatively affecting performance. Meanwhile, Q2 EBIT was down 18%.
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