Author: Archive

Q-Post unveils cheap and fast service

Posted by | Oct 4, 2006 | |

Q-POST yesterday announced the formal launch of its new fast delivery service, GulfEx. The new facility would ensure mails and parcels dispatched to the five GCC states are delivered the very next day.

At a press meet held at the General Post Office’s philately bureau, Q-Post Chairman Ali Mohamed al-Ali said the latest facility would ensure that parcels up to 30kg in weight are delivered anywhere in the GCC within 24 hours of posting.

To ensure prompt delivery of parcels, Q-Post has tied up with the speed post services of government-run postal corporations in other GCC States, al-Ali said. Arrangements with various airline companies have also been worked out.

It is the cheapest facility available in the market, al-Ali pointed out. A packet weighing up to 30kg can be sent to anywhere in the GCC for only QR50, he said. “Most other courier firms charge between QR100 and QR150 for the same facility as of now,” al-Ali said.
In case, the parcel doesn’t reach the intended destination the very next day, Q-Post will refund the QR50 parcel charge and also offer to despatch another parcel free of cost for the customer, he said.

The enormous increase in parcel traffic to and from Qatar in recent years was one of the reasons which prompted the corporation to introduce a quick delivery service like GulfEx, he said.

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Royal Mail puts value at zero to calm share fears

Posted by | Oct 4, 2006 | |

Royal Mail is worth nothing, the organisation has told the Government and politicians, in an effort to take the political heat out of its push to give employees shares in the business.

The state postal service, in arguing that the Government effectively would be giving nothing away if staff were given shares, contends that the shares would also be worthless when they are issued.

Royal Mail has calculated that it is worth nothing because its assets, which are thought to be valued at about GBP5 billion, are cancelled out by its pen-sion deficit, which stands at GBP5.6 billion.

Royal Mail has told the Treasury and the Department of Trade and Industry that the group would be worth GBP4 billion by 2010-11, triggering shares worth GBP5,000 per employee.

It believes that it can build up from a zero balance to a GBP4 billion value through modernisation and increased productivity, which will come from giving staff an incentive through the share-ownership programme.

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Postbank completes integration of BHW and Deutsche Post branches ahead of plan

Posted by | Oct 4, 2006 | |

Deutsche Postbank AG successfully integrated construction bank BHW and 850 Deutsche Post branches into the parent bank on Oct 1, chief executive Wulf von Schimmelmann said.

This was ahead of the original target date of the end of the year.

‘This doesn’t mean that there isn’t anything left to do,’ Schimmelmann told reporters.

‘It will still take a bit of time until all the processes are fully streamlined and all the smaller bits have been take care of,’ he continued.

Postbank took over BHW and the 850 most profitable branches of Deutsche Post in January this year and added another 13,800 or so staff to its workforce of around 9,200.

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Shift from traditional mail order channels to online continues

Posted by | Oct 4, 2006 | |

The Annual Multi-Channel Report from Abacus in the US highlights the growing importance of online for mail order companies.
While the report highlights the shift from traditional mail order, such as telephone, mail and fax, to online continues, the report says that the majority of households continue to order through the traditional channels, with these accounting for 55% of orders, down 4% from 2004.
At the same time, 25% of direct sales for multi-channel merchants were made via the web in 2005, compared with 20% in 2004. The proportion of dollars and transactions generated online continue to grow strongly at 19% and 17% respectively year on year.
It reveals a 14% increase in the number of transactions and total sales for multi-channel retailers in 2005, up from a 10% increase in 2004, further demonstrating the continued growth of the online channel in mail order.
According to Abacus, the latest increase was driven by the purchasing activity of 62m households making approximately 257m purchases via direct channels in 2005, worth USD31.3bn in sales.

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DHL in India. The subcontinent is booming

Posted by | Oct 3, 2006 | |

DHL focuses on logistics infrastructure, the express market, and air freight
The liberalization of the economy, which the Indian government has been continuously driving forward since 1991, has laid the foundations for strong growth. India is now considered one of Asia’s most important markets and a preferred target for foreign investors. Industry is opening up to the export markets and a growing middle class provides for increasing domestic demand.

The outcome is an increase in growth flows. The volume of the transport and logistics market is assessed at EUR 22 billion, and average growth for the coming years at 12 percent, creating strong opportunities for companies in the forwarding and logistics industry.

DHL has consistently expanded its base in the past years – in 2003 with the founding of DHL Danzas Lemuir and in 2005 with the acquisition of an 80 percent share in Blue Dart Express, the leading national express service provider in India. Some 5,800 employees serve over 50,000 customers at 14,000 destinations country wide. Focuses include booming sectors such as the automotive, life sciences, and electronics industries. A task that is not so easy to accomplish in a country around nine times the size of Germany.

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UPS's Circle of Honor Expands. 117,000 Years of Accident-Free Driving.

Posted by | Oct 3, 2006 | |

UPS today announced the induction of 784 elite drivers into its “Circle of Honor,” pushing to 4,202 the total of active drivers who have steered clear of accidents for 25 years or more.

Of the 4,202, 107 of those men and women have gone 35 years or more without an accident, and six have gone 40 years or more. Collectively, UPS’s active Circle of Honor drivers have compiled nearly 117,000 years of accident-free driving.

“UPS is committed to the safety of all our drivers as well as those with whom we share the roads,” said Kevin Strahan, UPS’s corporate health and safety manager. “The men and women who have achieved membership in the Circle of Honor are the best of the best. They’ve consistently demonstrated that commitment by going at least a quarter century without an avoidable accident.”

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Italy post office ends commercial deal with Mediolanum unit

Posted by | Oct 3, 2006 | |

The Italian post office decided to relinquish a commercial agreement with Mediolanum SpA’s unit Banca Mediolanum, the daily MF said without giving a source.

The deal signed in 2004 enables Banca Mediolanum clients to use most of the post office’s more than 14,000 outlets for financial operations, it said.

Industry sources said the notice of cancellation of the contract is a routine procedure ahead of the contract expiry, and will trigger negotiations on a renewal of the contract under revised terms.

This renegotiation is an automatic procedure that is launched 2-4 months ahead of the contract expiry, they said, without giving a specific timetable.

‘It has been done to change the conditions. It is normal,’ one source said.

The contract is not exclusive between the post office and Mediolanum and other companies can set up similar arrangements with the post for their customers to deposit and withdraw funds, he said.

Mediolanum declined to comment.

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Norway Post to buy Dutch logistics company

Posted by | Oct 2, 2006 | |

Norway Post is to buy Scanex B.V. This acquisition will strengthen Nor-Cargo’s market position in the Netherlands for goods going to and from Norway and the Nordic region.
The Netherlands is a hub for both European and overseas transport and is therefore an important entry gate for goods going to and from the Nordic region. Scanex is currently a Nor-Cargo agent and Nor-Cargo is the market leader in the transport of goods between Norway and the Netherlands.

”With the acquisition of Scanex, we have ensured our international transport of goods to and from the Nordic region and the Netherlands. Scanex is a sound company that Nor-Cargo knows well and has close links with. This purchase was a natural step in the further development of both parties,” says Arne Bjørndahl, senior vice president of Norway Post and head of the Logistics Division.

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