Geopost Explained

GEOPOST SA
Type:Limited
Foundation:1999 [1]
Key People:Yves Delmas (CEO)
Areas Served:Worldwide
Industry:Courier
Services:Parcel delivery, EMS, freight forwarding, third-party logistics
Revenue: 11 billion (2020)
Num Employees:48,000 (2020)
Subsid:DPD, Chronopost, CitySprint, Seur, BRT and Speedy
Owner:La Poste S.A.

Geopost (formerly DPDgroup) is an international parcel delivery service for sorter compatible parcels based in Issy les Moulineaux, France.[2] Until 2015 DPD stood for Dynamic Parcel Distribution. Its brands are DPD, Chronopost, Seur and BRT. The company is based in France and operates mainly in the express road-based market.

Geopost services are available in Europe, Asia, South Africa, India, Brazil and several other countries in the world, either directly or through partnerships.

Geopost is owned by La Poste,[3] the international delivery network operated by the French state-owned postal service.

In 2020, Geopost delivered 1.9 billion parcels worldwide and achieved revenues of €11 billion.[4]

History

Le Groupe La Poste

In the 1980s, Le Groupe La Poste originated its express transport activities with the creation of Chronopost in 1985.

In 1999, Le Groupe La Poste created GeoPost (then spelled with an upper-case P) to consolidate its express transport and parcel delivery businesses. In the 2000s, GeoPost carried out a series of acquisitions concerning transport operators in various European markets.

GeoPost bought the UK-based Parceline and Ireland's Interlink parcel service in November 2000, for around $277 million.[5]

In 2001, GeoPost became the main shareholder of DPD, a company created in 1977 in Aschaffenburg, West Germany (Deutscher Paketdienst until January 2008, then Dynamic Parcel Distribution).[6] In the same year, GeoPost rebranded Parceline as DPD, completing the transition in March 2008.

GeoPost then made successive acquisitions:

In 2015, GeoPost combined its DPD, Chronopost and Seur brands under one umbrella: DPDgroup.[7] On this occasion, Exapaq became DPD France and the logo of Chronopost was modified to show it was part of DPDgroup.

In 2016, DPDgroup increased its equity investments within the DPD network – including taking 100% control of DPD in Germany – and acquired a 60% stake in JadLog (a Brazilian company).

In 2017, DPDgroup increased its stake in the Seur network to 87%, completed the acquisition of Stuart (a French company)[8] and took a 37.5% stake in the Italian express courier Bartolini, then renamed BRT.

In 2018, the stake in the SEUR network was increased to 94% and DPDgroup acquired a minority stake in Ninja Van, a specialist in last-mile services in Southeast Asia.[9]

In 2019, DPDgroup became the major shareholder in BRT by increasing its share in the capital to 85%,[3] acquired a majority stake in Lenton, the Asian-based cross-border service provider[10] and entered into an agreement with the logistics company in the Czech Republic and Slovakia Geis Parcel.[11]

In 2020, DPDgroup increased its stake to 98% in Jadlog in Brazil.[4]

In 2023, GeoPost/DPDgroup rebranded as Geopost, replacing the company’s logo and substituting a lower-case p in the name.[12] [13]

Activities

Types of services

DPDgroup operates in the light-weight parcel delivery market (less than 31.5 kg), which is typically referred to as the “CEP” market (courier, express and parcel).

The CEP market differs from courier services (that do not require a sorting centre) and from freight (that requires several people or equipment to handle the parcels).

DPDgroup operates in the different sub-segments of the CEP market, which are defined according to the following criteria:

International presence

DPDgroup mainly operates in Europe, with a direct presence in 24 countries:

The company also operates through stakes in companies or commercial partnerships in other European countries (especially with Nova Poshta in Ukraine[16] and with PostNord in the Nordic countries[17]).

Outside of Europe, DPDgroup operates:

Organization

Management

Since the beginning of 2022, the company has been chaired by CEO Yves Delmas, who is also Executive Vice-president of Le Groupe La Poste.[19]

Metrics

Financial data

Operational data

Employees

Strategy

DPDgroup's strategy is to develop its business in several lines:

Corporate social responsibility

In 2012, DPDgroup committed itself to carbon-neutral deliveries. emissions are gradually being reduced and offset, through support for renewable energy projects in India and Brazil. In 2019, DPDgroup reduced its emissions generated by road transport by 14% per parcel compared to 2013.

Offset of the remaining transport emissions is done by purchasing carbon credits. DPDgroup's investment represents more than 1% of the global voluntary carbon offset market in 2019.[23]

For inner-city deliveries, DPDgroup has implemented smart urban delivery initiatives. Since October 2019, Chronopost France has been operating 100% green deliveries in Paris, thanks to low-emission vehicles and urban depots.[24] In autumn 2018, DPD UK's first urban depot opened in London[25] and now 700 electric vehicles are deployed in the United Kingdom, to form the largest UK green livery.[26] The company's green fleet and urban depots are in line with London's Ultra Low Emission Zone standards. Deliveries by alternative vehicles are also operated in Dublin,[27] Hamburg,[28] Madrid, Tallinn and Warsaw.

In February 2018, DPD faced widespread criticism in the UK due to the treatment of Don Lane, one of its couriers. Lane had previously been fined £150 by DPD UK for attending a medical appointment to treat his diabetes and ultimately collapsed and died of the condition. According to Lane's widow, he had missed appointments with specialists because he felt under pressure to cover his route. Frank Field MP, Chairman of the House of Commons' Work and Pensions Select Committee, said "DPD have been told time and again that their punitive regime is totally unjust, particularly as their workers are labelled ‘self-employed’. Such mistreatment of workers smacks of sweated labour from the Victorian era." In March 2018, DPD UK announced that they would be offering all of their UK workers the opportunity to be classed as employees, and that they would abolish the fines for missing work. Plans were announced in March 2018 to create a DPD Driver Code later in the year, and to introduce a "self-employed worker" contract, which will offer drivers an alternative to working as a direct employee of DPD UK or working with the company on a self-employed basis.[29]

In November 2019, DPDgroup launched a Group-wide air quality monitoring programme measuring air quality with sensors on vans and Pickup points.[30] Data are provided for free to cities & citizens.

In October 2020, DPDgroup announced its commitment to deliver 225 of the largest European cities with zero- and low-emission delivery means.[31]

Notes and References

  1. Web site: Who we are . . DPDgroup . 6 March 2020.
  2. Web site: Who are we | GeoPost .
  3. Web site: Le Groupe La Poste Revenues Up, But Profits Down. . 31 July 2019 . Postandparcel . 6 March 2020.
  4. Web site: 2021-03-03. DPD Group: we have demonstrated resilience, flexibility and agility. 2021-03-09. Post & Parcel. en-US.
  5. News: Europe company: La Poste buys two British parcel delivery firms. The Economist. 3 November 2000. 25 April 2013.
  6. News: Post Office wraps up a £48m deal in Germany. The Birmingham Post. 4 August 2000. 20.
  7. News: GeoPost to Push for International Growth by Rebranding As DPDgroup. 19 March 2015. postandparcel.info/. 6 March 2020.
  8. News: Geopost Now Owns 100% of Stuart. Post and parcel. 7 March 2017. 23 February 2018.
  9. Web site: Geopost/DPDgroup Takes Minority Stake in Ninja Van . . 23 January 2018 . Post and Parcel . 18 March 2019.
  10. Web site: DPDgroup Acquired Majority Share in Lenton. . 13 September 2019 . Post and Parcel . 6 March 2020.
  11. Web site: 2019-11-07. DPD strengthens last mile offering in Czech republic and Slovakia. 2021-03-09. Post & Parcel. en-US.
  12. Web site: DPDgroup rebrands as Geopost. 2 March 2023 . Parcel and Postal Technology International . 6 February 2024.
  13. Web site: DPDgroup becomes Geopost: a new corporate identity to support the geographical and expertise expansion . 1 March 2023 . Geopost . 28 February 2024.
  14. Web site: BRT services – Italy Service.
  15. Web site: Стойчева . Мина . 2021-04-02 . Speedy става изцяло френска след нова сделка за 130 милиона лева . 2024-06-25 . Money.bg . bulgarian.
  16. Web site: Nova Poshta Expands International Service. . 23 November 2015 . Post and Parcel . 11 May 2020.
  17. Web site: DPDgroup and Postnord Renew Partnership for Five Years. . 21 April 2020 . Post and Parcel . 11 May 2020.
  18. Web site: Egyptian last-mile delivery startup Bosta raises seven-figure Series A from European parcel delivery giant DPDgroup. . 16 February 2020 . Menabytes . 6 March 2020.
  19. Web site: Yves Delmas is appointed Chief Executive Officer of GeoPost/DPDgroup and Executive Vice President of La Poste group . . DPDgroup . 29 Nov 2022 . 5 May 2022.
  20. News: Last-mile delivery is a battleground. 10 June 2019. Parcel and Postal Technology International. 9 March 2020.
  21. News: DPD Displays Delivery Drone at Paris Festival. 6 September 2016. Post & Parcel. 9 March 2020.
  22. News: Construction Begins on DPD's Hub Eindhoven. 8 February 2018. Post & Parcel. 9 March 2020.
  23. News: Corporate Social Responsibility Report 2019. dpd.com. 21 July 2020.
  24. News: DPD UK opens its first all-electric last-mile delivery depot. October 2018. Motor Transport. 9 March 2020.
  25. News: DPD UK opens its first all-electric last-mile delivery depot. October 2019. Inside Evs. 9 March 2020.
  26. News: Over 10% of DPD's UK Van Fleet Is Now Electric. July 2020. Post & Parcel. 23 July 2020.
  27. News: DPD Ireland to invest €3.2 million electrifying Irish fleet. April 2019. DPDgroup. 9 March 2020.
  28. News: Nine VW e-Crafters for DPD Germany: A new milestone on the way to completely emission-free parcel delivery in Hamburg's city centre. May 2019. DPDgroup. 9 March 2020.
  29. Logistics Manager, DPD to offer self-employed drivers new ‘worker' status, 27 March 2018
  30. News: SEUR launches a unique air quality monitoring programme in Madrid contributing to the emissions reduction – DPDGROUP. January 2020. Compagny News HQ. 9 March 2020.
  31. News: DPD Reveals Plans to Drastically Reduce Its Emissions. October 2020. 12 October 2020.