Author: Archive

Australia Post, China Post jv plans expansion in China’s key centers

Australia Post said its recently formed international logistics joint venture with China Post is planning to open more distribution hubs in China’s key commercial and manufacturing centers after establishing the first hub in Shanghai in July. It said the joint venture company, Sai Cheng Logistics, will link the hubs to similar facilities in Australia. In its annual report, the Australian government-owned postal services and logistics company said the joint venture was formed in response to the increasing demand among Australian businesses for logistics and supply chain support in China.

Read More

Letters on the way out but Australia Post looks to reverse trend

The traditional engine room of Australia Post – its letters division – is on the decline as more people turn to email or SMS to keep in touch. Australia Post today reported a one per cent lift in net profit to AUSD374.9 million for the 2004/05 year, off a record AUSD4.32 billion in revenue. But the letters division’s earnings fell almost AUSD57 million to AUSD248.3 million. The big area of improvement for the government-owned Australia Post came in the parcels and logistics business which increased its profit by AUSD41.4 million or 28.9 per cent to AUSD184.8 million. Australia Post chairman Linda Nicholls said the impact of electronic substitution on the letters business was being felt globally. “With our letter prices currently frozen and our costs rising with the addition of around 200,000 new addresses each year, growth in letter volume is going to be the crucial element determining our future profitability in the letters business,” Ms Nicholls said.

Read More

Spain Correos sees 2006 revenue at 1.971 Bln Euro

Spanish state-run postal services provider Correos y Telegrafos (Correos) eyes a revenue of 1.971 bln euro (USD2.36 bln) in 2006, a 3.1 pct year-on-year increase, the company’s chairman, Jose Damian Santiago, said on October 11, 2005. Income from telegraph and fax services is expected to rise 3.8 pct, revenue from non-postal services is forecast to increase 8.0 pct, revenue from distributing communal services post is seen to rise 12 pct and postal services revenue is forecast to rise 2.9 pct. Correos also forecasts operating costs of 1.812 bln euro (USD2.17 bln). The figure includes the investments planned by the postal services provider, Santiago added. Correos has earmarked investments chiefly in the quality of the postal services provided.

Read More

Japan Post eyeing tie-ups for international distribution of goods

Japan Post is nearing the final stage of negotiations on comprehensive tie-ups with several major distribution companies such as TNT Post Group of the Netherlands and Japan’s major delivery company Nippon Express Co., a news report said Wednesday. The company wants the tie-ups, expected to be concluded by the end of the year, so it can set up joint firms to distribute goods for companies and gain a foothold in Asia, the largest daily Yomiuri Shimbun said.
Under the current law, Japan Post can only transfer international mail it receives in Japan to a postal service operator in another country. But the company wants to expand its services to better respond to the demands from domestic companies, such as speedy delivery, the paper said.

Read More

Guaranteed expedited delivery from US to Pacific Rim now open to businesses

Business mailers can now benefit by using a date-certain, guaranteed delivery service to the Pacific Rim utilizing the cooperative efforts of the US Postal Service and five other world posts. Global Express Mail service with guarantee, which became available to non commercial mailers on July 25, 2005, was launched in an historic agreement among postal administrations for Australia, China, Hong Kong, Japan, the United States, and the Republic of South Korea. The introduction of this guarantee feature was an enhancement to the existing Global Express Mail service and was available, until now, to non commercial mailers only. “Global Express Mail with guarantee is an ideal solution for business mailers,” said Jim Wade, vice president of international business for the U.S. Postal Service. “It can help these commercial shippers conduct transactions in the Pacific Rim, an arena which continues to experience unprecedented growth in international trade,” he added.

Read More

Swiss Post establishes subsidiary in Sweden

The Swiss postal service group Swiss Post International said on Tuesday (11 October) that it was establishing a subsidiary in Sweden. The new company, SPI Sweden, will strengthen Swiss Post’s position on the Scandinavian market for direct marketing and daily distribution of corporate mail. The new subsidiary will be based on Swiss Post’s former franchise partner Mail & Logistics.

Read More

DHL-Sinotrans’ USD200mn expansion plan in China goes smoothly

The USD 200 million expansion plan of DHL-Sinotrans, a local joint venture of express and logistics company DHL, makes great headway, according to the news released by the company. DHL-Sinotrans has enhanced the facilities and capacities of its service centers in Qingdao, Shanghai, Suzhou, Hefei and Xiamen in the first half of this year. Prior to that, the company had built and upgraded its service facilities in 9 cities such as Beijing, Shanghai and Guangzhou.

Read More

An Post silent on union claims of delivery delay

An Post last night refused to confirm or deny claims from the Communications Workers’ Union (CWU) that only 71 per cent of post is being delivered the day after posting. Quarterly figures, to be sent to the Communications Regulator (ComReg) by An Post today, will show that the company is falling far short of its target of 94 per cent for next-day deliveries, the CWU claimed yesterday.
The figures for the second quarter of the year had “dropped drastically” from 76 per cent in the first quarter because of the recruitment embargo imposed by the company, CWU spokesman Joe Guinan said. The closure of the manual sorting offices and their replacement with four “automated hubs” had also slowed the service.

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!


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.

 

Pin It on Pinterest