Deutsche Post AG is attracting new customers as more people shop online, helping reduce its dependence on Amazon, chief executive Appel said. — Reuters
DUESSELDORF, Germany: German logistics group Deutsche Post AG said its dependence on Amazon is falling as the coronavirus crisis prompts a big rise in parcel shipments by other customers which it expects to continue in the second half of 2020.
Deutsche Post expects to exceed its original assumption for 5% volume growth in the German parcel market, Chief Executive Frank Appel told journalists late on June 17.
