Author: Archive

TNT may sell logistics unit ahead of schedule

Posted by | Feb 13, 2006 | |

TNT has received a large number of expressions of interest in its contract logistics business from both trade and financial parties, and may sell the unit ahead of schedule, according to people familiar with the process. When TNT announced the decision to divest in December, it said it expected to complete the sale in the second half of 2006. However the speed at which the process is moving suggests it may be finalised sooner, those people said. TNT wants to divest the business as one unit, without breaking it up, but a piecemeal sale is possible. However, while the latter course would be more complex, it is not considered an insurmountable obstacle. Alternatively, a buyer for the entire business might separately sell on some activities to a third party. The assets on offer comprise operations and warehouses in 40 countries on five continents, focused primarily on automotive, fast-moving consumer goods, publishing and hi-tech electronics sectors, with sales of Euros 3.4bn (Dollars 4bn), 27 per cent of the group total.

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Deutsche Post World Net takes majority stake in leading document and mail services provider Williams Lea

Posted by | Feb 13, 2006 | |

Deutsche Post World Net will take a majority stake in Williams Lea, a business process outsourcing (BPO) provider specializing in document management and mail services. Headquartered in London, Great Britain, Williams Lea is a leading provider of value-added document and mail-related services, offering a wide range of products in the areas of print management, mailroom management, document management as well as direct marketing. As the number one service provider in the UK and Europe, Williams Lea has significantly strengthened its international presence through organic and acquisitive growth, especially in the USA. With the acquisition of a majority stake in Williams Lea, Deutsche Post World Net strengthens not only the presence of its brand DHL Global Mail in foreign mail markets, but also builds upon the breadth of its global mail services. This strengthens the overall position of the Deutsche Post World Net Group as the leading one-stop-shop for the provision of express, logistics and mail services.

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German parcel firm Hermes launches new B2C product

Posted by | Feb 13, 2006 | |

German parcel firm Hermes Logistik has launched a new B2C service targeted at small and medium-sized companies. The operator aims to generate up to four million additional parcels this year through the product. The new Profi Paket Service, launched at the start of February, is positioned for shippers with low or medium volumes, and filled a gap between products for large-scale shippers and private individuals, the Hamburg-based firm said. Customers can use a special Profi Paket Service web portal to place orders, track shipments or return unwanted items. “With our new service we are offering a service that is normally not available to shippers with 1,000 to 50,000 items a year,” said managing director Hanjo Schneider. Target groups include retailers and eBay ‘power sellers’.

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UK Royal Mail braced for second 'hit' from regulator

Posted by | Feb 12, 2006 | |

Royal Mail faces another multi-million-pound fine this week from industry regulator Postcomm over using its dominance in the postal market to thwart competition. The action comes a week after the state-owned postal operator was fined pounds 11.7m for losing millions of items of mail. Its timing is also sensitive because the market was only opened to full competition at the beginning of last month. Postcomm has been investigating the terms on which Royal Mail gives access to its network of postmen to rival companies, enabling them to process bulk business post such as bills and mailshots. It is thought Postcomm has found that Royal Mail has gained an unfair advantage because there has not been adequate separation of its wholesale division, which deals with and offers terms to rival operators, and its retail arm, which offers products and prices direct to customers such as banks.

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Japan Post considers linking planned bank with private ATM network

Posted by | Feb 12, 2006 | |

Japan Post Corp, the firm in charge of preparing for the privatization of the nation’s postal services, is considering connecting the ATM system of the planned postal savings bank with those of private banks, the Nihon Keizai Shimbun reported. Currently, ATMs at post offices are not linked with the systems at private banks, so people with savings at post offices must physically withdraw money in order to transfer it to their accounts at private banks.

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ARAMEX acquires a leading Egyptian freight forwarding company

Posted by | Feb 11, 2006 | |

ARAMEX has announced that it has acquired Egypt-based Freight Professionals, a leading freight forwarding company specializing in air and sea freight.
With this acquisition, ARAMEX will consolidate its presence in Egypt as a major player providing a full, multi-modal transportation link to every country in the world as well as full coverage of the domestic local market. Operational since 1995, Freight Professionals employs 86 people and has offices at Alexandria’s and Cairo’s Airports as well as at Port Said, in addition to its main offices in Cairo. The company also provides customs brokerage services in the respective ports. Mr. Fadi Ghandour, President and Chief Executive Officer of ARAMEX, said: ‘The decision to acquire this excellent freight forwarding company fits perfectly within our strategic direction of solidifying and expanding our presence in the region. Freight Professionals provides us with a clear competitive advantage in the Egyptian market, adding new expertise, specifically in Sea Freight. The synergy of Freight Professionals with ARAMEX in Egypt is strong and will help us provide the market with complete supply chain solutions.’

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Sagawa, Kintetsu dissolve business alliance

Posted by | Feb 10, 2006 | |

Sagawa Express Co. and Kintetsu World Express Inc. said Friday they have dissolved their business alliance on Thursday. The major delivery firms, which agreed on Jan. 29, 2001 to cooperate in domestic and international cargo operations, found after five years that the partnership was not providing the benefits expected, the two said.

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GeoPost to complete acquisition of Exapaq in France

Posted by | Feb 10, 2006 | |

La Poste group’s Board of Directors today announced that it has given authorisation for GeoPost – the holding company for the group’s parcel and express subsidiaries– to complete its acquisition of the Exapaq network, currently managed by 15 partners in the transport and parcel delivery sectors. This operation is subject to the agreement of France’s Directorate-General for Competition, Consumption and Fraud Control (DGCCRF).

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