Author: Archive

La Poste delivers strong profit growth

The French post office, La Poste, is set to announce a 49 per cent rise in its net profits for 2005, to 557m euros, having been expecting just over 400m euros. An operating margin of 3.6 per cent is forecast (up from 2.8 per cent in 2004), broadly in line with the 3.5 per cent predicted in December.

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DHL to build spare parts logistics network in China

Hong Tao, the supervisor for supply chain and logistics of DHL’s Asia-Pacific Region, disclosed that the world-leading express magnate would earmark USD 200 million to build a spare parts logistics network in China. The upcoming network will comprise express logistics centers, to be respectively situated in Shanghai, Beijing and Guangzhou, and 16 strategic spare parts centers. The express logistics centers will be responsible for distribution of spare parts and components in their respective regions, while the strategic spare parts centers will offer spare parts distribution services within 2-4 hours for customers.

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Japan postal system to have more employees after privatization

Japan Post Corp. came up with a draft postal system privatization plan Tuesday calling for increasing the number of employees in defiance of the rationalization as a key goal of the privatization starting in October 2007. Under the draft plan, credit card business and sales of products offered by private insurers are among the new businesses envisaged after privatization.
Japan Post Corp., created in January to prepare for the privatization of Japan Post, a public corporation in charge of postal services, will become a holding company on Oct. 1 next year. At that time, the public corporation will be split into four units to be placed under the holding firm. Under the draft plan, the number of employees for Japan Post Corp. and its four units is projected at 263,500, some 6,000 more than the present number of employees for the postal system. The projected total consists of 133,000 for a post office network company, 109,000 for a mail service firm, 12,000 for a postal savings bank, 5,500 for an insurance company and 4,000 for Japan Post Corp.

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UAE Empost embarks on a strategic expansion into 50 European countries

Empost, UAE’s national courier company, continues to expand its international operations into new markets with its recent entry into Europe, by positioning itself as a quality provider of customised courier services. The move comes in line with Empost’s strategy to make the most of its past achievements and develop its course to better service global and local clients

This milestone initiative follows the company’s international expansion plan that started with the Far East and the Indian Subcontinent lately and now covers over 50 European countries with fast, reliable services and competitive pricing policies.

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Downstream Access has merged with Citipost

Downstream Access (UK) Ltd has now joined forces with Citipost and launched a new downstream access service. The company has set up a new division, Citipost DSA Ltd, to help posting clients maximise the opportunities now available as a result of the deregulation of the UK postal market.

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TNT sells ID Company Fashion to WE International

TNT and WE International today announced that they have completed the sale of ID Company Fashion BV (IDCF). Parties agreed not to disclose financial details. TNT decided to divest IDCF as the company’s activities are non-core to TNT.
IDCF is one of the leading suppliers of corporate wear in the Netherlands.

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Plimsoll Publishing Courier Report

A new analysis of the UK courier industry has been presented in a 515-page report from specialists Plimsoll Publishing.
The report takes the country’s largest 150 operators by turnover and scrutinizes their financial performance over tile last four years. Those businesses account for 91 per cent of the courier sector, up dons 86 per cent four years ago but it is a hard-core 33 that have apparently dominated a resurgence in the market.
One upshot of this, say the findings, is that 91 companies will struggle to keep their
business on a firm financial footing, while 26 arc facing financial distress.
The report is priced at £500, but is available to readers of
Despath Manger at a discount of five per cent.

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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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