Deutsche Post to Invest EUR150 Million in Mail-And-Parcel Service
March 05 2019 - 5:02AM
Dow Jones News
By Nathan Allen
Deutsche Post AG (DPW.XE) said Tuesday that it will invest 150
million euros ($170.2 million) in quality improvements for
mail-and-parcel services in Germany.
The German freight and logistics group said it will invest in
personnel, automation and the expansion of the mail-and-parcel
network.
In 2019, the group plans to add at least 5,000 jobs in the
division in a bid to improve the company's ability to respond to
volume spikes and staff shortages.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
March 05, 2019 04:47 ET (09:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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