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TNT extends logistics contract with US Ford

TNT Logistics North America has extended its contract with US Ford Motor Company for the delivery of logistics services for the F-series truck plant in Kansas City, USA, TNT Logistics said on June 20, 2006. The extended contract between TNT Logistics and Ford, which have been cooperating since 2002, expires in 2009. TNT is the biggest supplier of logistics services for Ford in Kansas City, TNT said. The logistics company is responsible for the sequencing and transportation from three facilities encompassing more than 200,000 sq m of warehouse space.

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Deutsche Post could raise mailing rates by 0.2 pct in January

Deutsche Post AG could raise its mailing rates by an average of 0.2 pct in January, the Frankfurter Allgemeine Zeitung reported citing a company spokesman. However, the spokesman said that Deutsche Post had not come to any final decision on the matter. ‘Nothing has been decided yet,’ he told the newspaper. The German government determines mailing rates through a calculation that compares overall consumer prices with productivity increases within the industry. Should Deutsche Post go ahead with the price increase, it would mark the first price increase in four years.

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Malaysia's Transmile says unaware Pos Malaysia selling 17.3 pct stake to DHL

Transmile Group Bhd said it has no knowledge of any plan by major shareholder Pos Malaysia & Services Holdings Bhd to sell its 17.3 pct stake in Transmile to DHL as reported recently in local newspapers. ‘The Board of Directors of Transmile Group Bhd wishes to clarify that TGB is not aware of Pos Malaysia’s intention to dispose of its 17.3 pct stake in TGB to DHL,’ it said in a statement.

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17th Annual State of Logistics Report. Embracing Security as a Core Business Function

During 2005, the U.S. economy slowed slightly from last year’s pace, while the
growth in its business logistics system was unparalleled. Our business logistics
costs were $1,183 billion and rose from 8.8 to 9.5 percent of our nominal Gross
Domestic Product (GDP). This is an increase of $156 billion over 2004, almost
double last year’s rise and the largest year-to-year change since we started this
model. (Figure 1) This level is also an all-time high for logistics costs. It
represents an increase of 15.2 percent over 2004. The overall economy
continued to expand in 2005 as growth occurred in almost every sector. Freight
volumes climbed higher than the previous record level.
Domestic freight transportation, in terms of tons of freight transported, has grown
over 20 percent in the last decade and is expected to increase another 65 to 70
percent by 2020. Growth in international shipments is predicted to outpace the
expansion in domestic shipments, with some estimates pegged above 85
percent.

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Banco Postal to reach 5 million checking accounts by end-month

Brazilian financial services provider Banco Postal will be managing 5 million checking accounts by the end of this month, local financial daily Gazeta Mercantil reported.

Banco Postal is a joint venture between Brazil’s largest private bank Banco Bradesco (NYSE: BBD) and the Correios national post office. The bank offers loans and checking and savings accounts to low-income customers with monthly salaries around 500 reais (US$224), among other services.

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DHL acknowledged as a UAE 'Superbrand'

DHL UAE has cemented its position as the leading express logistics company in the country, after being selected for the third consecutive year as one of the UAE’s strongest business brands. ‘DHL is honoured to be acknowledged as a leading brand in the UAE. This tribute is a reflection of our strong investment in the country and, most of all, a reflection of the commitment and enthusiasm that our staff puts into delighting our customers,’ explained David Wild, DHL UAE General Manager. Eclipsing big names in the industry, DHL UAE was awarded the Superbrands status, along with 77 other brands, during the recently held awards ceremony, often referred to as the ‘Oscars of Branding’. As part of the acknowledgment, DHL UAE will be profiled in the ‘Superbrands’ book, where the company’s history, services and successes are to be traced and recognised.

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