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Post Office and Gift Voucher Shop join forces with top UK retailers to deliver new gift voucher service

The Post Office and The Gift Voucher Shop today announce an exciting new gift voucher service to help lift some of the gloom surrounding declining high street retail sales. The new gift voucher service will be available at all of the 14,600 Post Office branches nationwide, giving the 28 million customers who visit the Post Office every week access to an extensive range of high street retailers.

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FedEx raises earning hopes

FedEx yesterday increased its full-year earnings forecast following a stronger-than-expected first fiscal quarter. The upbeat announcement erased much of the concern sparked among investors by more sluggish results in the fourth quarter of last year. Shares in the company rose nearly 8 per cent to Dollars 83.15 in response. Fred Smith, chairman and chief executive, said he remained optimistic about the US and world economy despite the impact of record fuel prices and Hurricane Katrina. FedEx and other logistics companies are considered economic bellwethers because of theircentral role in global trade. “We see continued improvement in the global economy. Trade is deepening and global trade is growing faster than (US) gross domestic product,” he said. First-quarter net profit increased by a modest 3 per cent to Dollars 339m, or Dollars 1.10 a share. However, those figures were depressed by a Dollars 79m one-off charge related to accounting changes.

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K+N protests as Deutsche Post swoops for Exel

Swiss logistics company Kuehne + Nagel has criticised the likely takeover of UK-based supply chain giant Exel by Germany’s Deutsche Post. ‘This is a serious threat to free market competition,’ K+N’s chairman Klaus-Michael Kuehne said, according to Swiss daily Tages- Anzeiger. Mr Kuehne has repeatedly attacked the German market leader for its monopoly in standard letter delivery, which was providing easy cash funds for acquisitions in the logistics industry. ‘Apart from the fact that the logistics industry in its medium-sized structure will be faced with unfair competition, there is now a serious threat to free competition through the utilisation of the mail monopoly to finance the merger of Deutsche Post and Exel,’ he said earlier this month. A spokesman for Deutsche Post strongly dismissed the attacks. In response to suggestions that there was a connection between profits from the mail business and investments in logistics companies such as Danzas, DHL or Airborne, he said: ‘This is definitely wrong. Mr Kuehne is telling untruths.’

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TNT named as bank’s best supplier

TNT announced that it has beaten off competition from up to 15,000 other companies to be named ‘Best Overall Supplier’ by The Royal Bank of Scotland.
TNT was commended for “reducing costs and delivering increased service efficiency” in its role as RBS’s exclusive distributor of cheques, internal mail and commodities supplies.

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Portugal postal traffic down 3.5 pct Y/Y Q2 2005

Portugal’s postal traffic exceeded 66 million shipments in the second quarter of 2005, down by 3.5 pct year-on-year, data from the local communications regulator Anacom showed on September 21, 2005. Compared to the first quarter of 2005, the country’s postal traffic grew by some 3.0 pct. Some five million of the total number of 66 million shipments in the three-month period April to June 2005 were express mail deliveries.

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McGill says no to network fee.

Bristol-based I J McGill is switching to Palletline from Palletways on January 1, 2006. MD Ian McGill says that Palletways now wants a payment to be a member for a limited period with no certainty thereafter- different terms for those which have applied over the past seven years.

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Lombard goes to Liverpool

Ipswich-based Lombard Shipping began operating the Liverpool region for Fortec at the start of September. The firm set up LP Pallets just four months after launching IP Pallets to cover the Ipswich region for Fortec.

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UPN ‘Still on course’

United Pallet Network says it remains on track despite a number of members expressing concerns about the recent departure of several depots.
Firms leaving include Haulways and McCarthy Haulage to Pallet-Track and William Kirk to Palletline.

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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.

 

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