Author: Archive

Shanghai Airlines to Build Global Cargo Network

Posted by | Nov 7, 2006 | |

Shanghai Airlines Cargo International Co., Ltd., the cargo venture of Shanghai Airlines Co., Ltd., started to make a profit of more than CNY 2 million in September after coming into production in July.

The venture, jointly set up by China’s first commercial airline and Sino Prime Ltd. and Juniper Estate BV, two subsidiaries of Taiwan’s EVA Airways Corp., is predicted to see its profit grow sharply in October.

Shanghai Airlines Cargo International Co. got one MD-11 all-cargo plane and two Boeing 757 freighters from Shanghai Airlines, who holds a 55% stake in the venture. In late July, it introduced one Boeing 747 freighter.

It has captured an 11% share in the air cargo market in Shanghai, the country’s economic center, only three months after its inception. Within the year, it will also buy one MD-11 freighter, making it own five large-sized all-cargo aircraft merely half a year after its establishment.

Shanghai Airlines Cargo International Co. has launched routes to Los Angeles, Frankfort, Singapore, Bangkok, Osaka, Bombay, Macao, Hong Kong, and so forth, laying solid foundation for it to make a profit.

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UPS prepared for surge in holiday package shipping

Posted by | Nov 6, 2006 | |

UPS’s long-standing role as Santa’s busiest helper will continue this holiday season with projected package volume swelling from roughly 15 million packages a day to more than 21 million on the busiest day.

On UPS’s Peak Day, which will occur this year on Wednesday, Dec. 20, UPS will deliver 240 packages every second through its worldwide ground and air network. Just two days later on Dec. 22, UPS will handle its largest volume of air shipments for the year by delivering roughly 5.6 million packages. That amounts to more than double the normal average for air volume.This year, UPS and various retail analysts are predicting strong growth in the online shopping world along with solid gains in the brick-and-mortar arena. UPS enters the holiday peak – defined as the period between Thanksgiving and Christmas – as the primary shipper for 21 of the top 25 e-retailers as ranked by Internet Retailer Magazine.

In the process of delivering all those holiday packages, UPS will apply its tracking technology to make it easy for customers to monitor the movement of their gifts. UPS expects more than 130 million online tracking requests during Peak Week and the daily total could exceed 25 million on Peak Day.

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Empost increases delivery fleet capacity by adding 25 new service vans

Posted by | Nov 6, 2006 | |

Empost, the UAE’s national courier company has expanded its delivery fleet by introducing 25 new service vans to enhance operational efficiency and competitiveness in the courier services market. With the additional vehicles, Empost now has over 470 vehicles comprising of motorcycles, vans and trucks.

The expansion of the delivery fleet is expected to enable Empost to maintain its leadership position in the courier services market by ensuring timely delivery of documents and parcels, adapting to evolving demands of a fast-paced economy, and gaining customer confidence.

Empost has emerged as the UAE’s leading courier service provider on the strength of its innovative services and its expanding network of outlets across the UAE. Its wide range of services targeted at specific segments of society include Tawseel, Ameel, Health Pack, Jawaz, EziPack, LiteDox, EmDirect, Mandoub and EziMail. The company also expands a vast network of Empost Stores across the country that offer the entire portfolio of Empost courier services in addition to stamps, gifts and stationery.

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TNT starts share repurchase program of up to euro 1.0 billion

Posted by | Nov 6, 2006 | |

Today TNT N.V. starts a share repurchase program of up to euro 1.0 billion, which will be executed by ABN AMRO Bank N.V. The announcement follows the completion of the sale of its Logistics business as per 4 November 2006. It is TNT’s intention to cancel the ordinary shares acquired through the repurchase program.
Given the share buyback value of up to euro 1.0 billion, the approximate maximum number of ordinary shares to be repurchased under this repurchase program is 32.9 million, calculated on the basis of the last trade prior to commencement of this repurchase program.

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Lifesavers and community champions shortlisted for 2006 best Post Office® awards

Posted by | Nov 6, 2006 | |

The shortlist for the 2006 Best Post Office® Awards has revealed a host of Post Office® branches willing to go the extra mile for their customers and communities.

The shortlists for three special awards categories, which recognise Post Office® teams which go beyond the call of duty, show outstanding community spirit or real innovation in providing Post Office® services, include a number of branches which have literally offered a lifesaving service to their customers.

The teams at Barnhill near Dundee and South Reddish in Cheshire are just two branches that have provided emergency assistance to customers who have been taken ill, and have been praised for saving their lives.

Other branches shortlisted include Tarbolton in Ayrshire which, as well as running a host of charity fundraising activities, also opens its doors on Christmas Day to ensure everyone in the area can come together to share some Christmas cheer. Perhaps the strangest offer of hospitality was from staff at Bonymaen in West Glamorgan who took care of a four foot iguana when its owner needed to find a new home.

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Deutsche Post CEO says 32,000 could lose jobs due to liberalisation

Posted by | Nov 6, 2006 | |

Deutsche Post World Net AG CEO Klaus Zumwinkel said about 32,000 jobs could lose their jobs as a result of the planned liberalisation of postal services in Germany.

In an interview with DPA German news agency, he said competitors would be able to get hold of around 20 pct of the volume of letters being handled by Deutsche Post after Dec 31, 2007, when the company’s monopoly ends.

‘This would then mean the end for around 32,000 jobs in Deutsche Post,’ he said.

‘One has to know this if one wants to liberalise (the market),’ he added.

Zumwinkel said the letters market, in which Deutsche Post still holds a market share of around 92 pct, is no longer growing but has actually shrunk by around 3 pct due to the new electronic forms of communication.

He said the market shrinkage had resulted in a loss of 5,000 jobs a year but that the company manages to offset these through ‘natural wastage’, such as non-replacement of those who retire.

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Deutsche Post CEO reiterates 2009 breakeven for US Express operations

Posted by | Nov 6, 2006 | |

Deutsche Post World Net AG chief executive Klaus Zumwinkel reiterated its forecast that the company’s Express business in the US would break even in 2009.

Speaking to reporters, Zumwinkel said the EBIT of the US Express business would certainly improve in the second-half of the year, with a ‘three digit million’ eur positive impact on earnings for the period.

He said DHL currently has around a 10 pct market share in the US. ‘If we get a 12 pct market share, then we will be happy,’ he added.

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eBay proves virtual gold mine for Postal Service

Posted by | Nov 6, 2006 | |

Carol Johnson, of Centennial, laughs loudly when asked by telephone how she ships the products she sells on eBay.
“That’s what I’m doing right now,” she says.
“Fifteen of my items ended (their auctions) last night, and I’m wrapping them up.”
Johnson, as it turns out, is the quintessential eBay seller: She ships mostly via the U.S. Postal Service but uses United Parcel Service and Federal Express on occasion, especially for large items.
eBay has been a boon to shipping companies, expanding business for the likes of the Postal Service, UPS, FedEx and others.
Says eBay spokeswoman Catherine England: “We’re definitely a big contributor” to the U.S. package shipment industry.
The U.S. Postal Service is the clear shipper of choice and that’s helped resuscitate a flagging mail- delivery operation.
Postmaster General John Potter says eBay shippers have generated more than USD1 billion of postage since the two started working closely together more than two years ago.
“We’re huge with them, and we appreciate being with them,” says Al DeSarro, the Colorado spokesman for the Postal Service.

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