Belgium’s Bpost eyes cross-border deliveries boost with DHL partnership

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(Reuters) – Belgian postal operator Bpost stated on Wednesday it was teaming up with DHL for e-commerce deliveries within the Benelux area, in a transfer to spice up its place in cross-border deliveries of on-line purchases.

FILE PHOTO: The brand of Belgium’s nationwide postal deliverer bpost is pictured exterior the corporate’s headquarters in Brussels, Belgium, October 9, 2017. REUTERS/Francois Lenoir

E-commerce is the most important development enterprise within the postal sector, and cashing in on its rise is essential for corporations confronted with declining volumes of standard mail.

DHL Parcel and Bpost will be part of forces in a non-exclusive partnership below the identify “De Benelux bezorgers”, the Belgian firm stated.

“The partnership between Bpost and DHL offers Dutch on-line shops entry to an enormous potential market of Belgian web shoppers and facilitates cross-border buying, supply and returns,” Wouter van Benten, Chief Government of DHL Parcel Benelux, stated in an announcement.

Cross-border deliveries are necessary in Belgium as lots of the on-line shops Belgians use are situated overseas, significantly within the Netherlands and Germany.

“Partnering with DHL permits them (Bpost) to raised supply from Germany as an illustration, the place DHL is robust, and maybe even mixed with DHL try and take some share again from PostNL,” stated ING analyst Marc Zwartsenburg.

Zwartsenburg added Bpost had been dealing with stiff competitors from PostNL in cross-border parcels as a result of Dutch firm’s shut relationship with widespread on-line retailers within the Netherlands.

Shares in Bpost rose as a lot as 5 p.c instantly after the announcement. They have been up three p.c at 1004 GMT.

The e-commerce partnership with DHL follows Bpost’s $820 million acquisition of U.S.-based e-commerce service supplier Radial in October.

Reporting by Alan Charlish; Modifying by Thyagaraju Adinarayan and Mark Potter

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