Author: Archive

RR Donnelley to buy Britain’s Astron Group

Posted by | Apr 18, 2005 | |

US printing company RR Donnelley said Monday it has agreed to buy Britain’s privately owned Astron Group in a cash deal worth about USD 990 million (EUR 760 million). RR Donnelley, the largest printing company in North America, said the acquisition of Astron, a business outsourcing company that handles British passport applications, will add “slightly” to its earnings within a year of the transaction. Donnelley Chief Executive Mark A Angelson said that the purchase will almost double the Chicago-based company’s contract printing business and will increase operations in Europe and Asia.

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Norway Post and TNT extend cooperation

Posted by | Apr 18, 2005 | |

Norway Post and TNT N.V. have signed a co-operation agreement outlining the two parties’ continued close cooperation. The cooperation between Norway Post and TNT is based on an agreement both companies entered into in May 2004 to jointly provide international express products to Norwegian customers. The companies now announce their ambition to extend their cooperation to include other product areas. Mr. Kaare Frydenberg, CEO of Norway Post, and Mr. Peter Bakker, CEO of TNT, signed the Co-operation Agreement today in the Netherlands. This includes an agreement to immediately set up a task force to explore potential areas of mutually beneficial co-operation in mail, mail related services, express and logistics services.

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TNT Express Opens Office in Polish Bielsko-Biala

Posted by | Apr 15, 2005 | |

The Polish unit of Dutch express mail courier TNT Express opened an office in Bielsko-Biala, southeastern Poland, Robert Mianowski, Director General of TNT Express Poland, said on April 15, 2005.

Besides clients from Bielsko-Biala, the office will service clients from the entire Podbeskidzie region, southeastern Poland. The company counts on attracting as clients companies from the automotive sector, as well as small and medium-sized enterprises.

The opening of the new office is in line with TNT Express Poland’s growth strategy adopted in early 2005, Mianowski added.

Before the opening of the company’s Bielsko-Biala office, the clients of TNT Express Poland were serviced at the office in Katowice, southern Poland.

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UK Royal Mail climbdown throws open compensation floodgates

Posted by | Apr 15, 2005 | |

Postwatch chairman Peter Carr is urging business mail users to look again at compensation they received from Royal Mail, after it paid a further GBP200,000 to a UK building society which queried an original settlement. Royal Mail has admitted failing to properly process invoices during 2003-04, resulting in the increased payout. Carr comments: “Royal Mail failed all of its 15 performance targets in 2003-04. Customers were promised compensation. “Postcomm believes that GPB80m was owed, but only around GBP40m has been paid a year later. I advise all business product mailers to find out from Royal Mail how much compensation they should have received, and compare this with how much has been paid.”

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FedEx Freight CEO: gaining market share in ‘chunks’

Posted by | Apr 15, 2005 | |

FedEx Corp.’s freight division continues to gain market share as more retailers and manufacturers go from talking about just-in-time shipping to actually doing it. As those manufacturers move operations offshore, FedEx will gain even more of the domestic freight market as customers turn to FedEx for help with their international supply chains, said FedEx Freight Chief Executive Doug Duncan.
“More and more companies are actually executing fast-cycle logistics,” rather than just talking about it, Duncan said in an interview with Dow Jones. “We strongly believe that we are taking market share in pretty big chunks.”
In the fiscal third quarter ended in February, FedEx Freight’s revenue rose 19% to USD 747 million, as its operating margin widened to 7.2% from 5.9% the year before.

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Royal Mail workers accept pay deal

Posted by | Apr 15, 2005 | |

Postal workers employed by Royal Mail have accepted a pay rise of Pounds 11.50 a week plus a Pounds 100 Christmas bonus, the Communication Workers Union has announced. The annual increase in basic pay is worth about 3.8 per cent for most postal workers rising to 4.5 per cent for the lowest paid “providing all workers with an above inflation increase”, said David Ward, the CWU’s deputy general secretary. Royal Mail said that the agreement with the CWU had been reached ahead of schedule, the first time this had happened for a number of years, and was a “good example of the current constructive relationship the company has with the union”.

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GLS – expansion in Spain

Posted by | Apr 14, 2005 | |

The Spanish GLS subsidiary Extand Sistema SL has been operating as “GLS Spain” since March 1st 2005. And a new depot also went into operation in Madrid on April 1st. These developments characterise GLS’ new strategy in Spain: to drive on the development of the company-own network. At the same time, GLS continues to work with local partners; since February 2005, it has been working with CHRONOEXPRESS, a company currently rated third in the Spanish parcel and express market.

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