Author: Archive

Ireland faces likely postal strike

Posted by | Jan 26, 2005 | |

Ireland faced a probable strike Wednesday at An Post, the national postal service, because of a showdown between union leaders and managers over the imminent closure of its troubled package-delivery unit, SDS.

The Communications Workers Union gave the company’s management a noon (1200GMT) ultimatum to reinstate 68 employees, who were suspended Monday after refusing to clear a backlog of packages from SDS’s closing headquarters in southwest Dublin.

An Post, which plans to close SDS by the end of the month, said it would not reinstate the 68 unless they do their jobs as ordered. The workers had refused to transfer packages to an An Post depot in Portlaoise, west of Dublin, where the company plans to handle package deliveries from now on.

Read More

Dutch TPG considers bid for stake in Belgian De Post

Posted by | Jan 26, 2005 | |

TPG NV is considering the opportunities to make a possible bid for a stake in Belgian postal company De Post/La Poste, a spokesman of TPG said on January 25, 2005. Bids for a stake in the Belgian company are to be filed at the end of February 2005 at the latest, Belgian media sources said, based on statements of De Post’s chief executive officer, Johnny Thijs. TPG is also in the race for a 25 pct stake in Post Danmark, for which the company has made an official bid. The Danish government expects to select an exclusive party at the beginning of February 2005. According to TPG spokesman, the company had enough financial space for both bids. The spokesman did not say when TPG would take a decision on a possible bid for a stake in De Post.

Read More

World Mail, Express & Air Cargo Expo Middle East & Africa to be held in Dubai

Posted by | Jan 26, 2005 | |

Dubai will re-confirm its position as a key global trader in March by hosting The World Mail, Express & Air Cargo Expo Middle East & Africa, the first conference led exhibition of its kind to be staged in the region. Leading global organisations such as Deutsche Post, DHL, FedEx, Emirates Post and Emirates SkyCargo will address major postal, express and air freight issues. A major topic to be covered includes the liberalisation of the postal sector, a mammoth task for an industry which last year delivered 204 billion pieces of mail globally and employs six million people in India alone. Organised by Streamline Marketing and Triangle Management and taking place at the Dubai International Convention Centre from 1-2 March, The World Mail, Express & Air Cargo Expo is being held under the patronage of Sultan Saeed Al Mansoori, the UAE Minister of Communications and Chairman of Emirates Post, who will speak at the opening of the conference.

Read More

Philippine consumer affairs group recognizes DHL as best air express firm in ’04

Posted by | Jan 25, 2005 | |

DHL Express Philippines was named “Best Air Express Company for 2004” at the recent Who’s Who in the Philippines Consumers Choice Awards. Besting the express and logistics industry’s other players, DHL was conferred the award by the National Consumers Affairs Foundation and the Who’s Who in the Philippines Foundation. “We at DHL are very much honored to receive the approval of our Filipino clients,” said DHL Express Philippines country manager Alan Cassels. “Being in the Philippines for more than 30 years, we have grown, developed, and continuously strived to give the Filipino consumers only the highest quality of service.”

Read More

Exel surges on talk of bid from UPS

Posted by | Jan 25, 2005 | |

Shares in Exel PLC surged over 4 pct in midmorning deals on speculation the UK transport logistics company could receive a takeover bid from US postal giant UPS, dealers said. Dealers argued such a deal would be logical and noted there are rumours circulating that Deutsche Post could also be eyeing Exel. Analyst Andrew Beh at ING said Exel would be a great fit for both UPS and Deutsche Post. Beh highlighted a report he published back in Nov 2004 which noted the potential for consolidation in the support services sector, with Exel specifically mentioned as a takeover target. ING pointed out consolidation in the sector would most likely involve quoted companies that have been awarded mail licences, such as Hays DX or Business Post Group. Yet the broker added that Exel, as a specialist logistics provider, is looking increasingly isolated.
In short, ING believes the most likely tie-ups will involve Deutsche Post World Net(DPWN)/UPS/Kuehne & Nagel and Exel/Wincanton.

Read More

UPS set to report Q4 earnings

Posted by | Jan 25, 2005 | |

UPS will have some explaining to do when it releases its fourth-quarter earnings Thursday. The package delivery giant cut its forecast two weeks ago, citing weather issues and sluggish demand in the last week of the year. The explanation left analysts unconvinced. “We expect UPS management to admit several planning and execution shortfalls,” said Bear Stearns analyst Edward Wolfe. UPS is projected to earn 76 cents a share, up 8 percent from the year-earlier period. Sales are pegged at USD9.76 billion, up 9 percent from the same time last year, according to analysts. Before it lowered its forecast, the company had targeted a profit in the range of 83 cents to 87 cents a share. Shares of UPS have slipped over 8 percent since the Jan. 11 announcement that sparked two downgrades. So what’s gone wrong? Analysts sense rival FedEx is nipping at the heels of UPS in the ground delivery business. And DHL is looking to take market share as well, undercutting UPS on price. In addition, UPS might be running into problems rolling out new technology to deliver packages. When completed, the overall is expected to save the company USD600 million a year.

Read More

Portugal TAP Postal Traffic at 9,100 T 2004

Posted by | Jan 25, 2005 | |

The postal traffic of Portugal’s flag carrier TAP – Air Portugal reached a record-high 9,100 tonnes in 2004, registering a year-on-year increase of 13 percentage points, it was reported on January 24, 2005.

The record-high levels of the company’s 2004 postal traffic reflected mainly the strong performance of TAP’s offices in Lisbon and Rome. The air carrier’s office in Lisbon registered a total 4.5 tonnes of postal traffic in 2004, while the postal traffic of the company’s office in Rome exceeded 1.5 tonnes in the period.

TAP’s postal traffic in 2003 totalled 8,100 tonnes.

The largest client of the company’s cargo and postal services department Direccao de Carga e Correio is Portugal’s postal operator CTT-Correios de Portugal.

Read More

Brazil ECT to expand electronic mail services

Posted by | Jan 25, 2005 | |

The electronic mail service system from the Brazilian mail & telegraph services company ECT (Empresa de Correios e Telegrafos) is to start operations within 90 days. With the hybrid mail system, people can write letters through the Internet, in ECT website or in ECT units, to any place in Brazil or to more than 200 countries. The company only owns two hybrid mail units, to hold five units soon. ECT expects a 20pct decrease in expenses with letters transportation, with savings of RD1.4bil per year.

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