Nine out of ten Germans live or work within about ten minutes of free lockers operated by DeutschePostDHL. The French and Turkish post offices also provide free locker services.
Frank Appel, chief executive of German mail and logistics group DeutschePostDHL, took charge of the company in February 2008 after his predecessor Klaus Zumwinkel stepped down following a personal tax evasion scandal.
The Marketplace Europe debate, hosted by Richard Quest and featuring Lufthansa boss Christoph Franz, chief executive of DeutschePostDHL Frank Appel and Financial Times International Affairs Editor Quentin Peel this weekend thrashed out the topic: Can a European single market be globally competitive?
FedEx competes chiefly with UPS and Deutsche Post-owned DHL, but its general financial health is often monitored by conditions in rail companies like Union Pacific and CSX Corp.
It will also enable DB ML to invest in foreign expansion it is the fifth-biggest logistics operator worldwide, but with less than half the turnover of DeutschePost and its subsidiaries DHL and Exel.