Author: Archive

TNT seeks shop for GBP3m UK rebrand

Posted by | Feb 22, 2006 | |

TNT has called an agency review for a GBP3m rebrand of its business-to-business postal services. TNT is to merge its TNT Mail and Circular Distributors divisions under umbrella brand TNT Post. The decision is intended to drive awareness that it can deliver both addressed mail and unaddressed items such as door-drops. Royal Mail is the only other delivery company in the UK currently able to offer both services. The review is likely to take place at the end of this month, with the work set to be predominantly below-the-line, although this is subject to change. It will not cover TNT’s package delivery service, TNT Express.

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UK Royal Mail 'needs Pounds 150m' to keep 10,000 post offices open

Posted by | Feb 22, 2006 | |

Royal Mail is pressing the Government to decide whether it will renew its Pounds 150 million subsidy for rural sub-post offices. The push comes after it emerged yesterday that Adam Crozier, its chief executive, had told a group of MPs that more than 10,000 post offices across Britain could close within the next four years if the three-year support package, which ends in 2008, was not renewed. Mr Crozier said that Royal Mail needed a rump of only 4,000 post offices to fulfil its licence obligations for delivering mail. The remaining 10,500, of which 8,000 are loss-making rural offices, needed to gain extra government subsidies or become profitable to survive.

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Online spending hits new peak

Posted by | Feb 22, 2006 | |

Growth in online shopping surpassed expectations last year. Most of the key annual indicators are now in, and show a consistent pattern. Verdict Research says the UK value was up 28.9 per cent to £8.2 billion, and growth was 19 times as much as in overall retail spending. Interactive Media in Retail Group says Christmas spending was up 50 per cent to £5 billion – a finding echoed by Royal Mail’s increase of 44 per cent in items handled (to 77 million). IMRG’s figure for the whole of 2005 is £19.6bn (calculated on a different basis from Verdict’s). In the US, JupiterResearch says online spending reached $81 billion last year, and will rise 17 per cent to $95 billion this year, increasing to $144 billion by 2010.

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Deutsche Post World Net starts "DHL Innovation Initiative" with IBM, Intel, Philips and SAP

Posted by | Feb 22, 2006 | |

Under the leadership of Deutsche Post World Net, IBM, Intel, Philips and SAP have agreed on a strategic partnership called “DHL Innovation Initiative”. The companies, which all have global presence, plan to advance the development and introduction of new technologies for the logistics industry. The initiative is aimed at making supply chains more efficient by uniting the flow of information and physical goods through increased automation, visibility and improved collaboration among trading partners. To achieve this, the partners have decided to pool their logistics, technology and IT expertise.

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On Wall Street, UPS lags archrival profit margins, pilot talks cited

Posted by | Feb 21, 2006 | |

UPS officials take a decidedly disinterested public stance toward the price of their company’s stock. Chief Executive Mike Eskew says he checks the price occasionally but views Wall Street’s ups and downs as a distraction from his job of managing the Sandy Springs delivery giant “for the next quarter-century, not the next quarter.” But it’s hard not to notice that archrival FedEx has outperformed UPS on the New York Stock Exchange for five of the last six calendar years. UPS issued its first public stock in late 1999 at UD50. Shares shot to almost USD76 in the first two days of trading, then settled in the high USD60s. Since then, UPS shares have had three losing years and three gainers. They closed last week at USD76.25. FedEx has been a steadier growth stock, posting annual gains in all but one year since 2000. During that time, shares have climbed from about USD40 a share to over UD100, closing Friday at USD105.05. In the past six months, FedEx shares climbed almost 25 percent while UPS rose 5.4 percent. Art Hatfield, transportation analyst at Morgan Keegan & Co. in Memphis said investors lately are concerned about UPS’ ability to expand profit margins as well as stalled pilot contract talks.

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FedEx and Austrade launch new initiative to promote Australian exports

Posted by | Feb 21, 2006 | |

FedEx Express and the Australian Trade Commission (Austrade), have signed a two-year alliance agreement to expand trade between Australia and the United States. The agreement leverages the expertise of both FedEx and Austrade in order to make expert resources available and connect Australian and US businesses that wish to import and export. “This is an exciting development for Australian businesses,” said Geoff Gray, Austrade Senior Trade Commissioner (USA). “By combining our resources, FedEx and Austrade will make it easier for Australian and US companies to develop commercial relationships. This alliance will also help promote the benefits of the Australia-United States Free Trade Agreement to US and Australian companies and generate further interest in trade between the two countries.

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Firm working on Japan postal privatization names 8 executive officers

Posted by | Feb 21, 2006 | |

The board of Japan Post Corp., the company formed in January to prepare for the privatization of Japan’s postal system, appointed its eight executive officers Tuesday, including Sakon Uda, principal at McKinsey & Co., and Akira Uno, former chairman of SMBC Consulting Co., company officials said. Most of the other new executive officers come from Japan Post, the public corporation for postal services, and the Financial Services Agency, according to the officials. The appointments will take effect on March 6 for Uda and March 21 for the others. The selection of the executive officers is designed to expedite the ordinary operations of the new stock company, industry sources said. The company’s management is still having difficulty selecting the presidents of four new companies to be set up to handle mail delivery, post office operations, postal savings and insurance services in the course of the privatization starting in October 2007.

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Swiss Post to bundle logistic services

Posted by | Feb 21, 2006 | |

Swiss Post intends to unite all its logistic services, including package, express and courier deliveries, into one unit called PostLogistics AG, Swiss Post said on February 21, 2006. The move is part of the company’s attempt to harmonise its market presence and will affect a total 5,500 people, who will be employed by PostLogistics as of January 1, 2007. With an average annual turnover of 1.2 bln Swiss francs (USD917 mln/770 mln euro) PostLogistics will be the largest logistics company in Switzerland. The board of directors of Swiss Post also approved the proposal to transfer the passenger traffic activities into the unit PostAuto Schweiz, effective

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