Author: Archive

FedEx to build Asia’s largest cargo hub at Guangzhou’s Baiyun airport

Posted by | Jul 13, 2005 | |

US logistics firm FedEx Corp said it plans to build what will be the largest Asia-Pacific hub at Guangzhou’s Baiyun International Airport in southern China.
The company said it will invest 150 mln usd in the facility which will have a total floor space of 82,000 square meters located on 63 hectares. The hub is expected to assume and expand the current activities of the existing hub in the Philippines, beginning in December 2008, the company said in a statement. ‘More than two decades ago, we envisioned China as a nexus of global supply and demand and as a result became the first express carrier to enter the market,’ said Frederick Smith, FedEx chairman. ‘Today, we further invest in our leadership position by creating a new gateway that expands our customers’ access to the global marketplace.’ FedEx said the decision to develop the new hub was made following a study that forecast Asia will remain the world’s fastest growing regional air freight market, with growth of 8.5 pct each year until 2023.

Read More

Finnish Post to acquire Combifragt logistics company

Posted by | Jul 12, 2005 | |

Finnish Post (Suomen Posti) is planning to acquire Combifragt, a logistics company with 140 million euros of sales operating in Denmark and via its subisidiaries also in Estonia, Latvia and Lithuania. In cooperation with the present owners, operations of the company will continue as usual and changes in ownership will not affect either the company’s staff or daily work, Suomen Posti reported. “The merger of Suomen Posti and Combifragt will create a new important operator on the North-European logistics market, aimed at developing strong domestic transport services and versatile international transport services,” Suomen Posti said.

Read More

Mobile post offices in India to counter courier

Posted by | Jul 12, 2005 | |

Faced with the challenge thrown by private courier companies, the Punjab circle post office has conceived a new idea of introducing mobile post offices. Under the new scheme, a postman would run to your house for sale of postal stamps or booking a registered letter. The conventional role of a dakia (postman) has been redefined with the Punjab circle of the postal department going for this change authorising the postmen to sell stamps and stationery, book registered letters and speed post articles at the doorsteps of the customers. The postal authorities admit that the pilot project was aimed at minimising the loss incurred due to decline in the volume of traditional mail.

Read More

Nightspeed award

Posted by | Jul 12, 2005 | |

For the sixth year in a row Tipton-based Nightspeed Secure Worldwide Express has won the Secure Parcel Carrier accreditation awarded by the Institute of Transport Management

Read More

Italy ICI payments via Poste Italiane website increase

Posted by | Jul 12, 2005 | |

Payments of the municipal property tax ICI carried out via the website of Italy’s state-owned postal services company Poste Italiane registered a considerable increase, totalling 75,000 in the first half of 2005. In the year 2004, on-line ICI payments totalled 57,000.

Read More

UK Royal Mail beats delivery targets

Posted by | Jul 12, 2005 | |

Royal Mail produced its best performance in a decade during the first quarter of the year with more than nine out of 10 first and second class letters arriving on time, according to independent research results published yesterday.
The national postal operator delivered 93.4 per cent of first class letters the day after posting, beating its target of 93 per cent. Second class mail beat its target level of 98.5 per cent delivered within three working days with a 98.6 per cent performance. Although the figures did not cover all 14 of the performance goals set by Postcomm, the regulator, they reflect service levels for 90 per cent of Royal Mail’s volumes. Adam Crozier, Royal Mail’s chief executive, said: “Royal Mail is determined to do even better than the record quality of service our postmen and women are delivering. Independent research is showing our performance running at a world-class level but Royal Mail wants to be demonstrably the very best and most trusted postal service in the world.”

Read More

BOWE Bell + Howell acquires BCC Software Inc

Posted by | Jul 12, 2005 | |

BOWE Bell + Howell, a leading provider of high-performance automated mailing solutions, announced today that it has acquired BCC Software Inc., a premier developer of mailing software. Founded in 1978, BCC Software is a recognized leader in the postal software market. BCC Software and BOWE Bell + Howell offer complementary products, and the acquisition will result in synergies that are certain to benefit existing and prospective customers. BOWE Bell + Howell will continue to operate BCC Software as an independent company under the management of its founder, President and CEO K. Jon Runstrom. The company will maintain its current staff and continue to be headquartered in Rochester, NY. BCC will become part of the Postal and Sorting Products Group of BOWE Bell + Howell.

Read More

Netherlands cuts TNT stake to 10 percent

Posted by | Jul 12, 2005 | |

The Dutch State has cut its stake in mail and logistics company TNT by almost half to about 10 percent, which it plans to keep until the postal market in the Netherlands is fully liberalised. The finance ministry said it sold 43.4 million shares to ABN AMRO and Citigroup raising about 900 million euros (USD1.1 billion). Dealers said the banks were placing the shares in a range of 20.80 to 20.95 euros each. The deal is equivalent to about 30 days’ trading volume. TNT did not participate in the stake sale, a company spokeswoman said. In September, when the government last sold TNT shares to cut its stake to 19 percent, the company had bought back around a third of the shares.

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