Siemens has carved out its Logistics and Airport Solutions business to create an independent company, Siemens Postal, Parcel and Airport Logistics, under the Siemens umbrella.
Siemens Postal, Parcel and Airport Logistics’ main customers include postal and parcel service providers worldwide as well as airports.
CEO Michael Reichle said: “I am pleased that we now have the necessary flexibility to shape the future of the new Siemens Postal, Parcel & Airport Logistics. We are doing everything we can to seize opportunities in the fast growing parcel and airport markets. In doing so, our focus is always on maximising customer benefit.”
The firm was recently contracted by Singapore Post to equip a new logistics hub with an integrated parcel sorting system.