Author: Archive

KarstadtQuelle sells parts of logistics business to Deutsche Post

Posted by | Jan 24, 2005 | |

Troubled German retail giant KarstadtQuelle said on Monday it had agreed to sell parts of its logistics operations to the semi-privatised German postal service Deutsche Post in a deal which sources said was worth more than one billion euros (1.3 billion dollars). A spokesman for KarstadtQuelle declined to comment on the price. The activities, which KarstadtQuelle did not specify, would be sold to Deutsche Post’s express and logistics unit DHL, the retailer said in a statement. The transaction still had to be approved by the regulatory authorities, but was expected to take effect from April 1. The divestment represented a “further important step in KarstadtQuelle’s reorganisation programme,” the statement said. Deutsche Post already applied to the Federal Cartel Office last month for permission to buy KarstadtQuelle’s logistics activities.

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Serbian parliament completes debate on bill on postal services

Posted by | Jan 24, 2005 | |

The Serbian parliament completed Monday its debate in principle on the bill on postal services, which introduces market competition and liberalization and envisages the creation of an agency for postal services and integration in the European PTT system. All parliamentary parties except the Serbian Radical Party (SRS) supported the bill, describing it as revolutionary as regards competition, as it should lead to lower prices and better quality of service.

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Post offices: Pulling the envelope

Posted by | Jan 22, 2005 | |

Technology and competition are putting huge pressure on the world’s postal systems

To get a sense of the future of postal systems around the world, look no further than a bottle of milk. Last year, TNT Mail, the packet-delivery unit of TPG, the Netherlands’ national post office, began using a dairy company to carry packages to people’s doorsteps. At a time when the milkman already seems a vestige of a bygone era–and the postman is struggling to avoid the same fate–this might seem an unlikely alliance. But what makes the arrangement particularly revealing is that it is not happening in the Dutch hinterland, but in Britain, where TPG and the lactose-logistics specialists, Express Dairies, are vying to compete against Royal Mail.

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New Zealand Post sells share for NZD80m

Posted by | Jan 22, 2005 | |

New Zealand Post said yesterday that it had received NZD80 million for the sale of half of its courier business to German firm DHL.

The deal, unveiled on December 20, was for Deutsche Post-owned DHL to buy 50 per cent of NZ Post subsidiary Express Couriers.

The deal came under attack before Christmas from opposition MPs and courier operators because the terms were kept secret and rival operators did not get a look in.

Spokesman Ian Long said the Government-owned NZ Post had received NZD80 million from DHL.

However, the final price would be a multiple of Express Couriers’ earnings for the year to June 30, 2005. This means DHL could pay extra after June 30 or NZ Post would refund part of the sale price, Long said.

NZ Post expects the final deal to be worth NZD80 million to NZD90 million, valuing Express Couriers at NZD160 million to NZD180 million.

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French Deputies support postal reform

Posted by | Jan 22, 2005 | |

French deputies took a vote on Friday regarding a draft bill which would allow France’s postal services market, currently dominated by La Poste, to be opened to rival service providers by 2009. The bill would also allow the creation of a post office bank. The text was supported by the UMP-UDF coalition. It has yet to be voted by the Senate. If passed, the bill would end the monopoly of postal service operator La Poste on letters weighing more than 50g with effect from 2006.

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Rivals admit Royal Mail will be dominant UK postal player

Posted by | Jan 22, 2005 | |

Competitors to Royal Mail have said that the postal giant is set to be the dominant player in UK postal services for years to come. The admission came at a debate featuring the chief executives of Business Post Group, TNT Mail UK and DHL Global Mail at last month’s Mail Show Conference, and just under two months ahead of full deregulation of the UK postal services market. Sarah Chambers, chairman of postal regulator Postcomm, said that despite limited deregulation so far, Royal Mail still retained 97.2 per cent of the market. TNT Mail UK chief executive Nick Wells said he thought Royal Mail would be “the dominant player and that’s a good thing. But if we can take a 10-15 per cent share, we’d be happy with that.” However, Adam Crozier, chief executive of Royal Mail, said that Royal Mail is faced with falling mail volumes.

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DHL plans 20 mln-euro investment in Russia business in 2005

Posted by | Jan 21, 2005 | |

Express mail carrier DHL plans to invest 20 million euros in business development in Russia this year, its Moscow offices announced on Monday. The bulk of the money will be put into the building of new customs terminals in Russia’s regions. “Having analyzed the potential of Russia’s market for express deliveries and logistics, DHL has decided to expand its business by developing its capacities,” the statement says.

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Nightspeed Deliveries Get One Million Pound Boost

Posted by | Jan 21, 2005 | |

Nightspeed Secure Worldwide Express will be ensuring that more parcels will be delivered on time, securely and safely, with an investment of nearly one million pounds in a brand new fleet of sixteen specialised double-deck trailers – one of the biggest double deck fleet upgrades seen this year.

Tipton, West Midlands based Nightspeed Secure Worldwide Express has purchased the 16 purpose-built double deck trailers to improve the reliability and efficiency of the crucial overnight trunking operation.

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