Author: Archive

Airbus A380 takes off for round-the-world test flights

Posted by | Nov 13, 2006 | |

The Airbus A380 will take off from France on Monday for a round-the-world test mission, in the final hurdle before the superjumbo becomes the largest passenger plane in service.

The A380 will leave the southern French city of Toulouse at 10:00 am (0900 GMT) for Singapore in the first of seven stops in Asia, an Airbus official told AFP. The crew will then touch down in Australia, South Africa and Canada during the 17-day round of technical tests.

On-board engineers and certified test pilots will put the plane through its paces under simulated commercial conditions, including test landings at key airports, refueling practices and maintenance work.

The 150 hours of flying, which are expected to be the last major tests before approval from regulators next month, come at a difficult time for Airbus amid a hailstorm of bad publicity for its star project.

Airbus has been forced to push back its timetable for deliveries of the A380 three times because of problems encountered when wiring the cabins, with delays now estimated at about two years.

US mail group FedEx announced on November 7 it had cancelled an order for 10 cargo versions of the A380 because of delays to deliveries of the aircraft.

Its competitor Boeing, however, has gone from strength-to-strength on the back of buoyant demand for its 787 Dreamliner jet.

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IQ Letternet: Press Release

Posted by | Nov 13, 2006 | |

IQ Letternet is a new hybrid mail organisation that is linked to last mile delivery. The press release explains what it has achieved in its first month of operation. They also give details of their systems, internal/physical structure and why they believe they would be a good option for organisations/customers to use. They are seeking partners.

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PWC Logistics group of companies deploy new name (Agility) unifying the different brands of their logistics businesses

Posted by | Nov 13, 2006 | |

The PWC Logistics group of companies, which includes some of the most prominent names in the global logistics industry, including GeoLogistics, TransOceanic, and Trans-Link, today announced it is re-branding the company by unveiling a new company name and logo, Agility.

The Agility re-branding and its new theme, A New Logistics Leader, completes the integration of services across PWC Logistics’ group of companies and reflects the company’s single face to the customer and dedication to personal service. Today, Agility is a 20,000 employee company with over 450 offices in more than 100 countries. It is publicly traded, with annual revenues of US$4.5 billion and offers a comprehensive portfolio of freight management and customized logistics solutions on a global basis.

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Leading speakers to address UPU Strategy Conference 2006

Posted by | Nov 12, 2006 | |

The event, which commences on 14 November, will bring together around 600 delegates from more than 130 member countries to analyze the changing environment and explore ways of building a dynamic global infrastructure that satisfies growing customer needs. New opportunities in the communications sector, particularly for postal services, will also be an important forum agenda.

The opening day will address the postal sector’s role in the information society. This session, featuring prestigious Arab speakers such as Moshen Khalil, Director of the Global Information and Communication Technologies Department (GICT) – World Bank, and Dr. Mohammad Ben Taher Benten, Head of Saudi Arabia Post will discuss the impact of technology on the growth of the communications sector.

Brunson McKinley, Director General of International Organization for Migration will highlight industry challenges. Carl Asmus, Vice President of International Marketing, FedEx Corporation and Alan Bryden, Secretary General, International Organization for Standardization will discuss the growth of the postal network and the implications of multiple networks on quality of service and customer satisfaction.

Conference speakers also include Meg Whitman, CEO of eBay; Tarek Kamel Minister for Telecommunications and Information Technology in Egypt; HE Alpha Oumar Konare, Chairman of African Union Commission; Mr. Heizo Takenaka, Minister of Internal Affairs and Communications, Japan, and Hon. Pennelope Beckles, Minister of Public Utilities and Environment, Trinidad and Tobago.

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Deutsche Post to move accounting ops to Eastern Europe; save 500 mln eur a year

Posted by | Nov 12, 2006 | |

Deutsche Post AG plans to reorganise its finance and salary bookkeeping operations and may include outsourcing some operations to the Czech Republic and Poland in a move that is expected to save 500 mln eur a year, the Welt am Sonntag reported, citing Deutsche Post management.

The outsourcing will only affect post workers outside Germany, the newspaper said.

‘We will make a decision in the next 12 to 18 months, where our accounting services in Europe are to be located,’ Frank Appel, Deutsche Post manager for Global Business Services told the newspaper.

The postal carrier plans to save 500 mln eur a year from the restructuring and outsourcing starting in 2009, the report said.

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DHL, VNPT replace agency agreement with joint venture

Posted by | Nov 11, 2006 | |

DHL, a leading express and logistics company, and Vietnam Post and Telecommunications Group today announced its new joint venture, reinforcing the companies’ belief and commitment to the rapidly developing Vietnamese market. It was also a developmental watershed in the Vietnamese Express Industry, with the partnership between the world’s leading express provider and one of Vietnam’s largest State-owned enterprises, he added.

The DHL-VNPT Express Ltd joint venture application was licensed by the Ministry of Planning and Investment on September 27, and replaces the 18-year-old Agency Agreement that the two parties had operated under in the past.

DHL is the first international express company to announce a joint venture with VNPT in Vietnam. The new license will have no impact on existing customers, who will continue to enjoy uninterrupted DHL Express services during the period of transition.

The license showed Vietnam’s commitment to opening its economy and complying with international rules, said Nguyen Bich Dat, vice minister of Planning and Investment.

He hopes that the joint venture will be an important bridge between Vietnamese enterprises and foreign counterparts, contributing to better trade relationship between Vietnam and the world-wide community. – VNS

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All comers to gain access to post office network

Posted by | Nov 10, 2006 | |

Following a European Union directive to liberalize mail markets by 2009, the Cabinet is expected today to approve a measure to allow outside operations to gain access to Spain’s post office infrastructure.

Under the proposal, state and private postal operations will be able to use the Correos’ network, including its employees and vehicles, to offer their own services. Delivery firms such as Germany’s Deutsche Post and Holland’s TNT, as well as private companies, already operate in Spain but do not have access to Correos’ infrastructure.

The Spanish postal service, which is this year marking its 250 anniversary, has more than 4,000 offices throughout the country with 65,000 employees. According to the EU, postal services handle about 135 billion items a year amounting to Euro88 billion in revenue or one percent of community GDP.

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Austrian Post: Earnings Improvement in Q1-3 2006

Posted by | Nov 10, 2006 | |

Austrian Post: Earnings Improvement in Q1-3 2006

Revenues +3.0%, EBIT +26.5%

– Group revenues up 3.0% to EUR 1,271.1m

– Solid revenue development in all divisions (Mail: +1.9%, Parcel & Logistics +8.6%, Branch Network +5.2%)

– Successful acquisitions in 2006 ( Kolos/Slovakia, Wiener Bezirkszeitung/Austria, Weber Escal/Croatia, trans-o-flex/Germany)

– Earnings before interest and tax (EBIT) up 26.5% to EUR 93.7m

– Operating cash flow remains strong: +3.4% to EUR 193.6m

– Upward revision of earnings forecast for 2006: EBIT increase of 15% to 20% expected

The first three quarters of the 2006 financial year developed very favourably for Austrian Post. Both revenues and earnings perceptibly improved in Q1-3 2006 compared to the same period in the previous year. Revenues climbed 3.0% to EUR 1,271.1m, whereas earnings before interest and tax (EBIT) for the Austrian Post Group rose to EUR 93.7m, or 26.5% above last year’s level. The share price also developed quite positively, considerably surpassing the performance of various comparable indices.

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