Author: Archive

UPS 1st quarter shows strong gain in earnings

Posted by | Apr 20, 2006 | |

UPS today reported earnings per diluted share of USD 0.89, up 14.1% over the prior year. Results were driven by a 9% increase in global small package volume or 1.24 million packages per day, outpacing worldwide market growth. The consolidated results for the period included: revenue grew 16.5% to USD11.5 billion, operating profit increased 12.3% to USD1.6 billion, net income increased 10.5% to USD975 million and free cash flow improved to USD1.9 billion. Free cash was used to buy back more than 11 million shares in an on-going repurchase program. Dividends were increased by 15% and are up 81% over the last three years. “This was a quarter of outstanding growth that resulted in strong returns and excellent cash flow,” said Mike Eskew, UPS chairman and CEO. “To drive future results, we will continue to invest in our network, technology and products to bring even more value to the customer.”

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TNT In-night comes under German management

Posted by | Apr 20, 2006 | |

TNT has transferred its night express business TNT In-night from the Logistics division to TNT Express Germany and named a new management team for the business. The move is part of the plan to dispose of TNT Logistics during 2006.
TNT In-night will in future be part of TNT Express Germany under the management of CEO Donald Pilz. Thomas Kraus had been appointed chairman of TNT In-night Holding GmbH with Mark Fonseca as managing director for Back Office Services, TNT Express Germany said in a statement. Both managers would remain part of the overall management of TNT Express Germany.

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French La Poste picks process automation solution of DoubleTrade

Posted by | Apr 19, 2006 | |

French national post office La Poste has selected the business intelligence (BI) solution DTV of local BI and market watch company DoubleTrade to detect and automate invitations to tender management, it was reported on April 19, 2006. So far, this process was performed manually by La Poste’s dealers or support personnel, the person in charge of invitations to tender management Nabil Kherbache, said. La Poste decided to integrated an automation solution as the coming full mail market liberalisation in 2009 requires a process optimisation at the company, Kherbache added.

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Canada Post seeks monopoly

Posted by | Apr 19, 2006 | |

Back in the late 1980s, Canada Post thought the best way to deal with growing competition for international mail was “to provide consistently competitive outbound service levels, and consistently good inbound service.” That might sound like heresy coming from a public sector monopolist, but in the early 1990s the Post Office went even further to embrace the spirit of competition. For four years it actually owned a slice of a private company that was competing for international mail. But those days are behind it. Gone is any trace of private-sector mindset as the Crown corp falls back on the monopolist’s credo, “Don’t join ’em, beat ’em.” The weapon of choice to administer that beating is a legal cudgel that, the Post Office seems to believe, just gets thicker and more threatening with time.

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London loses a third of its post offices in 3 years

Posted by | Apr 19, 2006 | |

Almost a third of London’s post offices have closed in the past three years, figures show today. There were more than 1,200 in the financial year 20012 but three years later there were only 867 – a loss 28 per cent. Today, campaigners said local communities were being hit hard by the loss of their local services and called on the Government to intervene. Lynne Featherstone MP, London spokeswoman for the Liberal Democrats, said: “The future for London post offices looks gloomy. It is time the Government realises the seriousness of this problem. It needs to come up with concrete plans to provide for the long-term future of Royal Mail.”

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Eastern Europe postal sector 'ripe for growth'

Posted by | Apr 19, 2006 | |

Austria’s post office yesterday forecast huge growth potential in eastern Europe as state-owned incumbents are sold and markets opened to new services.
Anton Wais, chief executive of the group itself due to be privatised next month, said Osterreichische Post expected to follow the example of other big Austrian companies in expanding in the region. Austria’s banks are among the market leaders in central and eastern Europe after having spotted the market potential early. Mr Wais, who has pushed through a tough restructuring at the once barely profitable postal group since being appointed in 1999, admitted opportunities for big takeovers would be limited in the short term. That was because proceeds from his company’s initial public offering – only the third privatisation of an incumbent postal operator in western Europe after the Netherlands and Germany – would flow to the Austrian state rather than the post office itself. Mr Wais also acknowledged sales of incumbent postal groups in central and eastern Europe were still some way off in many countries for political reasons. “The privatisation process hasn’t started,” he said. “I think it will. But it will probably be different in each case. It’s a highly political issue.”

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Spanish Unipost turnover up 15.7 Pct y/y 2005

Posted by | Apr 18, 2006 | |

Spanish private postal services provider Unipost reported a 78.6 mln euro (USD96.3 mln) turnover for 2005, up 15.7 pct year-on-year, on April 18, 2006.
Unipost international distribution network generated 5.7 pct of the total. It is operated in cooperation with global express delivery and logistic group DHL, owned by German postal service operator Deutsche Post. Unipost delivered 460 million letters and packages, up 9.0 pct, and plans to increase their number to 510 million in 2006.

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