ANC holidays
ANC Express has won a £5m three-year contract with AU logistics
Read MoreDay: May 22, 2003
DHL Airways sells off to investor group for USD57 million
DHL Worldwide Express has agreed to sell its DHL Airways unit to an investor group led by John Dasburg, chairman and chief executive of the U.S. airline, for USD57 million. The deal, which is expected to close by June 30 subject to approval by the U.S. Department of Transportation, is unlikely to silence claims by rivals FedEx Corp. and United Parcel Service that the airline does not comply with U.S. ownership laws.
Read MoreUniversal Express' Subsidiary Private Postal Network Changes its Name to WorldPost
Universal Express, Inc. announced today that effective August 30, 2003, its subsidiary, Private Postal Network, Inc., will be known as WorldPost(TM). The WorldPost Network of over 9,000 independently owned and operated private postal stores will continue its mission of improving cash flows and building national recognition for members of its private postal system.
Read MoreRoute One- the factor
Pallet delivery is being linked to factoring, trade finance and inventory management, in what may be unique added-value service for shippers.
Bibby route one will do the transport but will also promote recently-expanded services from Bibby Financial Services.
UK Royal Mail’s 2002/03 results – Postwatch welcomes progress
Royal Mail Group today announced, as expected, an improving financial performance and predicted a return to profit in 2003/04. They also announced continued growth in mail volumes and their best industrial relations for over 10 years. At the same time the new Chief Executive admitted, (in advance of announcing the details next week) that it was disappointing only 3 of the 15 performance targets were met. One of the targets missed was for the flagship 1st class stamped and franked service. Royal Mail revealed that only 91.8% of 1st class letters arrive next day. This means that over a million letters per day are not arriving on time. Peter Carr, Chairman of Postwatch, commenting on the announcement said, “This is very good news and the new management should be congratulated – in particular they should be applauded for a year without industrial conflict. “Customers will remain concerned that, although improving, standards of service are still short of target at a time when prices have increased”.
Read MoreChina Post targets H1 revenue of 26.4 BLN Yuan, up 6.73% yr on yr
China State Post Bureau (China Post) is aiming to record 26.4 bln yuan in revenue for the first half of this year, up 6.73 pct year-on-year and representing 48 pct of the full-year revenue target, the China Economic Times reported, citing Liu Andong, a China Post director.
The newspaper said China Post plans to increase its registered logistics subsidiaries to 20 in the first half, and further strengthen its cooperation with foreign partners, including Japan’s Mitsui & Co Ltd.
Read MorePostal charges in Russia to go up on June 10
Postal charges are to go up on June 10: an average increase in tariffs on the dispatch of postcards, letters, and printed matter will be 14.6 percent, the Russian Ministry on Anti-Monopoly Policy announced on Wednesday.
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