Author: Archive

TNT service extended

TNT has extended its Express Import service to 20 additional countries, including Mexico, Colombia, Ecuador, Morocco, Libya, Madagascar, Iraq and Sri Lanka. The service allows customers to arrange collections from a client in another country and pay for the delivery in their own currency. They can also send shipments to a receiver in another country and have them pay for the transaction in the local currency, removing any difficulties arising from exchange rate conversions and fluctuations.

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France’s La Poste wants to double int’l package delivery ops by end-2006

France’s state-owned La Poste mail carrier wants to double the size of its DPD international package delivery business by the end of next year by expanding its network of partners worldwide, Claude Begle, head of the unit, told the Financial Times Deutschland. ‘Our goal is to double the size of our business by the end of 2006,’ Begle told the Financial Times Deutschland. ‘In order to do this we will build up a worldwide package delivery network together with partners on four continents.’ The newspaper also said that the decision to expand DPD outside of Europe represents a radical shift in La Poste’s strategy. Previously, La Poste saw DPD as primarily a European company.

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Japan Post expanding presence in parcel delivery market

Japan Post has been rapidly expanding its presence in the door-to-door parcel delivery business, especially since last October’s revamp of its Yu-Pack service. In fiscal 2004 ended in March, the state-backed postal entity accepted a record 214,688,000 parcels for delivery under the Yu-Pack service, far above the previous record of 184,720,000 set in fiscal 1970. Yamato Transport Co. is credited with the growth of the market for door-to-door parcel delivery services, by creating innovative and consumer-friendly services, including tie-ups with convenience store chains. Japan Post considers it imperative to reinforce its Yu-Pack business, as its mail delivery service continues to contract in the age of the Internet and mobile phone.

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UPS eyes a UK-based acquisition

United Parcel Service is poised to make an acquisition in the UK, strengthening the US company’s position in one of Europe’s most fragmented package delivery markets. People familiar with UPS said the medium-sized deal could be announced as early as today, although they would not identify the British company involved. UPS declined to comment. The planned acquisition is believed to be in the package delivery sector, ruling out Exel, the large UK logistics group that has been linked with a takeover by UPS this year. The most likely candidates are all privately-owned companies, including ANC and Lynx Express.

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UPS to acquire UK Lynx Express Ltd

In a move that will further strengthen its package delivery capabilities in the United Kingdom, UPS today announced an agreement to acquire LYNX Express Ltd., for USD96.5 million (GBP55.5 million) in cash. LYNX Express, one of the UK’s largest independent parcel carriers, is majority owned by the private equity firm Bridgepoint Capital (Nominees) Ltd. UPS expects to complete the transaction in the second half of 2005, subject to customary closing conditions. LYNX’s customers include some of the most recognised international brands across a broad range of industries, with company sales of USD295 million (GBP170 million) for the fiscal year ended Oct. 2, 2004.

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Palletways prepares for Iberian network

Palletways has embarked n a recruitmen drive to attract Spanish and Portuguese hauliers to its future Iberian network, which it claimes will be the first of its kind in the region. This follows a recent roadshow in France, attended by more than 20 companies, to motivate local transport businesses to join Palletways Euronord, a new network launched in March to service Benelux and some parts of Germany and France.

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Thailand: Delivery companies invest in facilities near new airport

Major express delivery companies are making huge investments at Suvarnabhumi Airport, which is expected to help make Thailand a new regional hub both for air travel and cargo, The Nation reports. The opening of the airport, scheduled later this year, and bilateral open-sky pacts with neighbouring countries are the most important factors behind the push. DHL predicts rapid expansion of its presence in Thailand after Suvarnabhumi Airport opens, with a plan to make its parcel and express service centre at the new airport six times larger than its existing facility at Don Muang airport. The new centre is part of DHL’s plans for expansion in the Asia-Pacific region with a total investment of USD1.4 billion (Bt57.3 billion). Investment in Thailand alone will amount to USD15 million. Meanwhile, FedEx has launched its new world service centre on King Keaw Road, about 10 minutes from the new airport, to serve customers in areas east of Bangkok. Netherlands-based TNT, the other major international player, plans to spend up to Bt4 million in 2005-2006 on warehouses and delivery centres throughout Thailand, said country general manger Winfried Kiesbueye.

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