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Colombia DHL Express to invest USD 15 mln 2007-2011

Posted by | Oct 11, 2006 | |

Colombian company DHL Express, a subsidiary of global carrier and package delivery company DHL Express, part of the German postal services operator Deutsche Post, plans to invest USD15 mln (12 mln euro) in the period from 2007 to 2011 in its express national postal service.
The launching of this service was officially announced on October 10, 2006. The sum will be directed for the acquisition of new equipment and vehicles, as well as for the reorganisation of the company’s operations. Currently the company has 130 vehicles, but aims to reach 500 by 2011.
DHL Colombia’s division DHL Express is expected to have over 1,000 workers by 2011, nearly doubling its present workforce.
DHL Colombia will have to meet the competition of companies as Servientrega, TCC and Coordinadora in that segment.
The new service will be first offered to the corporate sector, available for 130 primary and secondary populated places as destinations for a package of up to 70 kg, and then to individuals.

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Colombia DHL Express denies rumours about Servientrega acquisition talks

Posted by | Oct 11, 2006 | |

Colombian company DHL Express, a subsidiary of global carrier and package delivery company DHL Express, part of the German postal services operator Deutsche Post, denied rumours that it is in talks for the acquisition of local logistics and courier company Servientrega.
The announcement was made by the general director of DHL Express, Antonio Arranz, on October 10, 2006. Arranz added that DHL Express might study in the future the possibility to strengthen its ties with some local delivery firm.
Servientrega’s president, Jesus Guerrero Hernandez, also said that no such talks were held.
Servientrega has its own logistics chain, spreading through Colombia, Miami (USA), Venezuela, Ecuador and Peru, and also provides packaging, storage and shipment management. Servientrega plans to invest USD5.2 mln (4.15 mln euro) in order to expand in Panama, Peru and Spain.

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Wincanton trucks into home delivery

Posted by | Oct 11, 2006 | |

What a difference profit makes. Warehousing and delivery company Wincanton has just bought two companies with similar sales paying GBP 2 million for one and up to GBP 27 million for the other.
Lane, which delivers white and other household goods to your doorstep, fetched just GBP 2 million for its GBP 47 million of sales. Over-expansion had left the company making losses with debts of GBP 6 million which Wincanton (WIN) takes on.
Finance director Gerard Connell, who claims Wincanton is number two in logistics in the UK to Exel, says Lane provides a good ‘beach head’ to the fast-growing home delivery market. He admits home delivery companies have historically struggled to make money.
The other acquisition, RDL, specialises in delivering bricks and other building material for the likes of Hanson and Ibstock. In its last figures it made profits before interest and amortization of GBP 3.8 million on sales of GBP 57.6 million.
Connell says a number of big construction companies are expected to outsource their trucking and warehouse operations soon so there are plenty of opportunities.

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ABB chooses TNT Freight Management

Posted by | Oct 10, 2006 | |

Today TNT announced that ABB has chosen TNT Freight Management as its preferred provider for a number of air and sea freight destinations to and from Sweden, in keen competition with other major players in the market.

The contract runs over a year and has just started.The first step involves air and sea freight from Sweden to the whole world, and vice versa. “We will now focus on the fastest and smoothest implementation possible of all the processes related to this Swedish agreement. Both TNT and ABB agree that the vision is to expand co-operation globally with cross trading and so on,” says Kenneth Dahlgren, Global Account Manager at TNT Freight Management.

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Postal Ministry to decentralize operations

Posted by | Oct 10, 2006 | |

Liberia’s Post Master General and Minister of Posts and Telecommunications, Jackson E. Doe, is seeking the involvement of county superintendents of the 15 sub-political divisions in a bid to stretch out postal activities throughout the country.

Speaking at the 132nd anniversary of the Universal Postal Union UPU, held at the ministry yesterday, Minister Doe appealed to superintendents to assist the Post & Telecommunication Ministry in setting up offices in the counties.

He said government was committed to improving the postal system to adequately serve the public and urged local authorities to assist in the mail delivery service.

The UPU 132nd anniversary was celebrated under the theme, “Reaching Everyone, Everywhere”.

The Post Master General said the protracted civil war, which destroyed every aspect of the society, greatly affected the postal system, saying it was the concern of government to ensure that the nation’s postal services are on par with international standard.

He said in order to make sure that services reach to the rural areas, every mechanism developed by that ministry should be supported by all, emphasizing that communication plays a vital role in national reconstruction and reconciliation.

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Italy Postel net profit soars 400 pct Y/Y H1 2006

Posted by | Oct 10, 2006 | |

Italian postal services company Postel, a unit of Poste Italiane, registered a 400 pct yearly surge in net profit to 2.5 mln euro (USD3.2 mln) in the first half of 2006, compared to 600,000 euro (USD755,886) a year earlier. Operating revenue of Postel reached 193.7 mln euro (USD244 mln) between January and June 2006, against 161.1 mln euro (USD203 mln) booked for the respective period of 2005. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased to 15.3 mln euro (USD19.3 mln) from 11.3 mln euro (USD14.2 mln), while operating profit stood at 9.9 mln euro (USD12.5 mln), compared to 5.1 mln euro (USD6.4 mln).
The company tackled a total 635 million mails, against 613 million a year earlier. Postel marked an annual 20 pct rise in operating revenue during the period, president Giovanni Ialongo said.

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Dutch TNT, Japan Post still talk on cooperation

Posted by | Oct 10, 2006 | |

Dutch mail and express deliveries group TNT NV is still talking with Japan Post about a potential cooperation, after previously the companies could not agree on a joint venture, TNT CEO Peter Bakker said on October 10, 2006.

TNT said at the end of June 2006, it could not agree terms with Japan Post about a planned international express deliveries joint venture.

According to Bakker, Japan Post, which is slated for privatisation, did not want to make some long-term commitments required for the deal to go through. Talks between the two companies are now focused on other cooperation opportunities. The CEO could not say when an agreement could be expected.

TNT is advising Japan Post in the course of its ongoing privatisation.

(Editor’s note: Japan accounts for 33 pct of the Asian express deliveries market. Japan Post has a domestic market share of about 10 pct, while with a share of 20.5 pct, TNT is market leader in Europe, according to the Dutch News Digest.)

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