Author: Archive

FedEx establishing presence in Sichuan

Posted by | Jun 11, 2006 | |

The Ministry of Commerce has officially approved FedEx to set up a subsidiary in Sichuan province to engage in international express delivery. At the West China Investment Strategy Workshop with Multinationals in Jiuzhaigou in October 2005, FedEx China CEO Tian Changan expressed his confidence in the investment climate of Sichuan province and hope for stronger investment engagement with the province in a bid to extend the industrial chain and to develop modern logistics.

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Licensing of postal service to cause economic, legal services

Posted by | Jun 9, 2006 | |

The licensing of postal service in Armenia will cause economic and legal problems, Chairman of the Yerevan Press Club Boris Navasardyan told reporters.
According to him, AMD 5mln required for licensing is too large a sum for small and medium enterprises working on this market. Navasardyan also pointed out that this requirement limits of freedom of speech in Armenia and runs counter to the RA Constitution and the RA Law “On mass information”. In his turn, Director of the “Blitz Media” company Armen Davtyan reported that licensing will have negative effects, particularly raise corruption risks and form monopoly on this market.

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Japanese gov't to allow mail posted at convenience stores:

Posted by | Jun 9, 2006 | |

The government is finalizing a plan to allow people to post mail at convenience stores and delivery companies’ outlets in a bid to encourage new entrants into the mail business, now effectively monopolized by the public Japan Post, the Asahi Shimbun reported Saturday. The Ministry of Internal Affairs and Communications is reportedly examining a plan to abolish a rule under the mail service laws that says mail can only be accepted at postboxes, and another rule that prevents new entrants from access to Japan Post’s mail service networks.
The changes will remove a major hurdle for entering the mail service business – setting up some 100,000 postboxes across Japan – for any newcomers when the business is opened to private competitors in 2007, the daily said.

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DHL wins 600 mln usd logistics contract for Chinese nuclear project

Posted by | Jun 8, 2006 | |

DHL Global Forwarding said it will provide transportation services to China Nuclear Power Engineering Company (CNPEC) for the Ling Ao Nuclear Power Station project phase II development in the southern province of Guangdong.

The logistics provider said in a statement that the three year contract, which will be run by its China subsidiary Danzas ZF Freight Agency, is worth over 600 mln usd.

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French La Poste decision reversed

Posted by | Jun 8, 2006 | |

European Union regulators were wrong to allow the French state-run postal service to help a unit expand into express delivery in the 1980s and ’90s, an EU court ruled Wednesday in a case brought by FedEx and DHL International. The regulators’ conclusion in 1997 that France did not provide illegal subsidies by allowing La Poste to grant logistical support to its Chronopost subsidiary was unjustified, the European Court of First Instance in Luxembourg ruled. Industry groups have complained that former monopolies like La Poste have used government aid, which is intended to support nationwide letter delivery, to buy competitors in the express business. The case at the Court of First Instance, the second-highest European court after the European Court of Justice, was brought by express mail carriers FedEx, DHL and Crie, as well as industry group Union Francaise de L’Express.

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Buying TNT

Posted by | Jun 8, 2006 | |

ith new takeover rumors swirling around TNT, the company did its part to satisfy the chatter, although hardly on the scale that has TNT’s name making the rounds on the mergers and acquisitions market. The Netherlands-based express, mail and logistics giant added two highly targeted postal businesses to its TNT Post operation, shoring up its outlook for the direction of the European distribution and delivery market.

But the additions of Italy’s TMW Italia and British courier JD Williams to the mail operation still left TNT with at least one far larger transaction in its business plan still undone.

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Brussels launches French probe into savings banks

Posted by | Jun 8, 2006 | |

The European Commission yesterday reignited its long-running feud with France over alleged illegal subsidies and unfair advantages granted to the country’s savings banks. The Brussels-based regulator suspects the French government could have violated European Union rules in its dealings with Credit Mutuel, La Poste and Caisse d’Epargne – the three lenders allowed to distribute popular, state-subsidised savings books known as Livret A and Livret Bleu. It has launched a formal probe into the matter. An inquiry will be a boost for the group of rival French banks – including Societe Generale, BNP Paribas, Credit Agricole and Banque Populaire – which have spent years trying to break what they claim is an unfair oligopoly among the savings banks.

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DHL opens European home-shopping hub

Posted by | Jun 8, 2006 | |

DHL on Thursday opened a new center in Greven, Germany, that ultimately will handle all logistics tasks for the Home Shopping Europe teleshopping channel.
Full operations will begin in a few days. Starting in July, the 35-million euro center will handle the complete logistics operations for HSE24. The center will employ 250 and ship up to 40,000 packages per day. The express unit of Deutsche Post World Net said the center stakes a claim in the rapidly growing teleshopping business that depends on short distances and fast deliveries.

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