Author: Archive

DHL boss out on US loss

Posted by | Nov 8, 2004 | |

Deutsche Post World Net ousted the head of its DHL Worldwide unit over the weekend after forecasting larger-than-expected losses in the United States. The German mail, express and logistics group said Uwe Doerken will be replaced by John Mullen on the company’s management board. Mullen will run DHL Express Americas, which includes Airborne Express of the US and Loomis of Canada, as well as DHL Express Asia Pacific and Emerging Markets. Deutsche Post said last week its US operations may post a loss as high of more than UDS640 million in 2004 compared to an earlier estimate of around USD250 million as it boosts spending on marketing and ground infrastructure. It said it won’t break even in the US until 2006, a year later than expected.

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Secure parcel carrier wins a million pounds of national and regional government contracts

Posted by | Nov 8, 2004 | |

Nightspeed Secure Worldwide Express, based in Tipton, has launched GOVMAIL in partnership with the Government Car and Despatch Agency (GCDA) which provides secure inter departmental same day delivery and collection service for the Government and wider public sector. The independently owned company was awarded ‘UK Secure Parcel Carrier of the Year’ for three years running by its industry trade body, the Institute of Transport Management. Nightspeed Secure Worldwide Express, originally part of Group 4 security, has signed a ten year public private partnership deal which will be dedicated to secure parcel transit for the Government. As part of the overall contract, new regional account wins include NHS logistics, The Office of Government Commerce (OGC) and the Home Office as well as Northamptonshire Police, the National Assembly for Wales, Her Majesty’s Prison Wormwood Scrubs, the West Country Ambulance Service, English Heritage, and the DVLA.

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DHL commits Euro 128 million for investment in domestic express services in India

Posted by | Nov 8, 2004 | |

DHL today announced an investment in India of Euro 128 million, reinforcing its commitment to the growing Indian economy. The commitment is towards an acquisition of Blue Dart, the premium domestic courier and integrated air express package distribution company. DHL Express has finalised agreements with the founding shareholders of Blue Dart and Schroder Capital Partners Limited, for an acquisition of a majority stake in Blue Dart. The agreement, signed on Saturday, 6th November, gives DHL Express a 68 per cent stake in Blue Dart subject to regulatory approvals. In compliance with statutory requirements in India, the acquisition of 68 per cent of shares in Blue Dart requires DHL to make a 20 percent mandatory open offer to the public shareholders.

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Pallet-Track equips for ADR delivery

Posted by | Nov 8, 2004 | |

The Pallet-Track network has partnered with Stafford haulier Stan Robinson to move hazardous goods. From January, it will become the first general system to be able to offer its members a full ADR service. Pallets arriving at the networks Wednesbury hub will be inspected by its dangerous goods safety advisor and paperwork checked before they are transferred to Robinsons Stafford headquarters for onward distribution.

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Irish postal workers must consider pay offer

Posted by | Nov 8, 2004 | |

The country’s 10,000 postal workers are to consider whether to accept a pay rise offer of 5.5% over four years. The proposal was made during talks with An Post management at the Labour Relations Commission. But the Communications Workers’ Union has said An Post’s plans for the future of collection and delivery services would have a devastating effect on the country’s postal system. National Officer Sean McDonagh has said they are also seeking a mandate for industrial action.

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Spanish private equity firm Nazca Capital exits Spain’s largest private postal operator

Posted by | Nov 8, 2004 | |

Nazca has reached an agreement with Deutsche Post for the sale of its holding of 33% that it had in Unipost, the largest private operator in the Spanish postal sector. The acquisition of the private equity firm’s holding will be effective from the end of October 2004 once Spain’s equivalent of the Monopolies Commission has authorised it. Nazca’s investment was made 18 months ago in June 2003. The transaction was for an undisclosed amount, but Nazca stated it had obtained a return significantly higher than the market average, exceeding its own expectations.

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An Post set to sell off firms for 30m

Posted by | Nov 8, 2004 | |

Loss-making An Post has decided to sell off two of its subsidiary companies which retail mobile phone top-ups, in a move which could raise up to 30m for the State-owned group. In recent days, Goodbody Stockbrokers has circulated potential buyers with an information memorandum on the sale of the two operations, the Irish Independent has learned. The two companies – PostTS UK, which is based in Crewe, Britain, and An Post Transaction Services SA, based in Madrid – are understood to be profitable and they employ a total of 100. The British company has made a gross turnover of GBP11m, according to its most recently-filed set of accounts. The UK operation has a network of terminals in 9,500 stores across Britain which allow consumers electronically top up the credit on their mobile phones. The Spanish operation, which has been longer established, has built up a network of over 11,200 terminals.

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Passing the reform parcel won’t deliver future for postal service

Posted by | Nov 8, 2004 | |

It sounds unbelievable but it’s true: Ireland’s system of collecting and delivering post has not changed in 250 years. While it has grown to cater for the population surge in Dublin in recent years, the fundamental structure of An Post’s operation has remained at a standstill. One thing which has not remained static is the company’s wage bill. It now stands at a staggering half a billion euro. And it’s rising. And that is the crux of the An Post problem. In a world where people send emails, use the internet and have developed new forms of communications, it has failed to change. And the symptoms of this malaise are clear.

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