Author: Archive

Irish wing of DHL reports 90% rise in profit

Posted by | Feb 20, 2006 | |

DHL Ireland has reported an increase of over 90 per cent in pre-tax profits as international business activity from Ireland continues to increase. DHL Holdings (Ireland) posted a turnover of EUR70 million in the year ended 2004, up from EUR65 million in the previous period. DHL, which faces strong US competition from the likes of FedEx and UPS, is now owned by Deutsche Post. It posted a pre-tax profit of EUR5 million in the year under review, up from EUR2.6 million in the equivalent period in 2003. After tax was paid the company was left with a profit of EUR4.3 million, up from EUR2.4 million. The scale of the company’s activities is illustrated by the company’s total current assets of EUR20.9 million.

Read More

TNT to delist from the London Stock Exchange and the Frankfurt Stock Exchange

Posted by | Feb 20, 2006 | |

TNT N.V. today announced it intends to delist from the London and Frankfurt stock exchanges. The costs for these listings are not justified by the low trading volume in TNT shares at both stock exchanges. The expected date for the cancellation of the listing on the London Stock Exchange will be on or about 21 March 2006 and for the Frankfurt Stock Exchange before the end of May 2006. TNT shares will remain listed at Euronext Amsterdam N.V. and the New York Stock Exchange.

Read More

Norway Post notes record profits for 2005

Posted by | Feb 20, 2006 | |

The Norway Post Group’s preliminary results for 2005 show earnings before tax of NOK 1,424 million, up NOK 172 million from 2004. This record-breaking profit is the result of positive market development, acquisitions, and product and service developments, in addition to efficient operations. “Norway Post’s record-breaking result for 2005 shows that we have succeeded in our growth strategy, and that our successful restructuring efforts have yielded results,” says Dag Mejdell, Norway Post’s Chief Executive Officer.

Read More

US postal depot unveils new solar upgrade

Posted by | Feb 19, 2006 | |

The US Postal Service has unveiled its new solar-powered plant at the San Francisco Processing and Distribution Center. The Delivering Clean Energy Project, a collaboration with Chevron, is estimated to save the Postal Service USD1.2 million annually in heating and lighting costs at one of its largest Northern California centers. The plant processes 7.5 million pieces of mail a day and is the Bayview district’s largest employer. “We do care about the environment,” said Thomas Day, the Postal Service’s senior vice president of government relations. “And we care, quite honestly, about saving money.” Day spoke at the Feb. 9 ceremony, along with representatives from the state and the US Environmental Protection Agency, before pulling down the ceremonial switch on a project that began implementation more than a year ago. The USD15 million project combined funds from projected energy savings (UD8.3 million), USD4 million from the Postal Service’s CFC refrigerant replacement program and a USD2.3 million rebate check from Pacific Gas & Electric Co. The state of California also gave alternative energy grants to the project.

Read More

UK Royal Mail dismisses Postcomm fine as 'Monty Pythonesque'

Posted by | Feb 18, 2006 | |

Allan Leighton, Royal Mail chairman, has accused the postal regulator of “Monty Pythonesque” behaviour after it slapped a Pounds 2m fine on the company. The decision by Postcomm followed an 14-month investigation into complaints from three rival operators that the state-owned company appeared able to exploit its dominant position to gain “an unfair commercial advantage”. The regulator said Royal Mail had failed to set up so-called “Chinese walls” between its various business areas to prevent conflicts of interest. Nigel Stapleton, Postcomm chairman, said: “Competition is starting to offer a better deal for customers but, given Royal Mail’s dominant position, the full benefits will never be felt unless the playing field is made as level as possible for the new operators. “We cannot allow any actions by Royal Mail that unfairly keep competitors out of the market.” But Mr Leighton hit back: “This is a shoddy report from a grandstanding regulator who is looking to micro-manage the entire postal industry. It is full of unsubstantiated and subjective views which are not based in fact. This huge and arbitrary penalty is illogical,” he said. “It is regulation for the sake of regulation. This is almost Monty Pythonesque.”

Read More

It's all to do with strategy – interview with Glyn Jones, Palletline

Posted by | Feb 18, 2006 | |

That Glyn Jones is an academic, very bright, a workaholic and some kind of all round trouble-shooting high-flier can be of little doubt.

And the fact that he’s been around the block – make that the world – a few times in the course of his work also can’t be denied.

And neither can the equally unshakeable truth that his previous employment and history sounds a damn sight more exciting than his current role in what he admits is on the face of it an “unsexy business”.

Glen, aged 46, is the managing director of Palletline, a company which is dedicating to sending hundreds of loaded lorries hurtling around the country in the middle of the night, making sure trucks “a” and “b” go from points “x” and “y” to arrive at point “z”.

Then trucks “a” and “b” reload and make return journeys to points “x”and “y” ensuring neither vehicle travels anywhere without a cargo and and also providing a business model which many years ago, before Glyn’s time, rivals happily pinched.

Read More

UK water company signs with DSTi Ouput

Posted by | Feb 17, 2006 | |

DSTi Output, the UK transactional mail and technology company, has added utility company Sutton and East Surrey Water to its client list. The new contract will see DSTi Output take over the print for Sutton and East Surrey’s billing and recovery letter mailings. Sutton and East Surrey Water, which has signed a five year contract to use DSTi Output’s new ‘design to door’ transactional mail service, supplies over 275,000 properties and serves a population of approximately 642,000 people.

Read More

Austria Posts balanced 2005 current account

Posted by | Feb 17, 2006 | |

Austria registered a balanced current account in 2005, with a 300 mln euro (USD356.3 mln) surplus, compared to an 800 mln euro (USD950.3 mln) deficit in 2004, according to preliminary estimates of the Austrian National Bank (OeNB) on February 17, 2006.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


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.

Subscribe to the Magazine

 

Pin It on Pinterest