Author: Archive

Deutsche Post set to unveil 9-mth EBITA 2.21-2.78 bln eur

Posted by | Nov 2, 2004 | |

Deutsche Post World Net AG is expected to unveil on Thursday 9-month EBITA in the range of 2.21-2.78 bln eur compared with 2.039 bln for the same period last year, partly due to a strong third-quarter performance in the logistics segment, analysts said. Analysts forecast 9-month net profit at 800-988 mln eur from 869 mln last time, on sales of 31.387-32.37 bln from 28.81 bln. Some analysts believe the company will reiterate its full-year 2004 forecast for EBITA, which Deutsche Post said is expected to be between 7.5 pct and 12.5 pct higher than 2.975 bln last year. ‘I think Deutsche Post will stick to its forecast but I believe they would only reach the lower end of the range,’ according to one analyst who declined to be identified. Deutsche Post’s forecast range of 7.5-12.5 pct growth for this year’s EBITA corresponds to between 3.198 bln eur and 3.347 bln.

Read More

DHL to set up terminal in Moscow

Posted by | Nov 2, 2004 | |

In 2005 DHL controlled by Deutsche Post World Net plans to set up its own terminal worth EUR9.5mln with an area of 10,000 square meters in Moscow. Besides, DHL targets to construct terminals in St.Petersburg and Samara. A total of EUR20mln will be invested in these projects. The above-said terminals are designed for receipt and handling of foreign and domestic cargo that will be delivered to Russian regions.

Read More

China’s couriers take on the big players

Posted by | Nov 2, 2004 | |

Low-cost Chinese delivery companies are increasingly trying to take on global express carriers such as DHL and FedEx in China. Companies such as Golden Monkey Express, a Beijing delivery service, are strengthening their international network and beefing up services at home. Pony Express, which is also based in Beijing, even boasts an online track-and-trace service through a partner company. China Post’s EMS service and global express groups such as DHL, FedEx and UPS still handle the bulk of international shipments in and out of China. However, as foreign executives look to the domestic Chinese market, the low-cost delivery services are said to be making their mark. “(China has) this exploding market of little players . . . We’ve got a lot of very small, very aggressive people entering the market,” John Mullen, chief executive for Asia Pacific at DHL Express said.

Read More

Yamato Transport and DHL Global Mail team up for cross-border mail delivery

Posted by | Nov 2, 2004 | |

DHL Global Mail and Japan’s top door-to-door mail and parcel delivery company, Yamato Transport Co., Ltd. (Yamato) have joined forces to offer an international mail delivery service in Japan to customers world wide. DHL Global Mail, the international mail subsidiary of Deutsche Post World Net, formerly known as Deutsche Post Global Mail has relaunched under the DHL brand in October and runs the world´s largest mail network. Yamato Transport launched its mail service, Kuroneko Mail, nationwide in March 1997. Since then, the service has enjoyed rapid growth servicing major publishers and catalogue companies. Yamato currently delivers 100 million Kuroneko Mail items per month in Japan, in addition to its domestic courier service. The new collaboration will enable DHL Global Mail to offer mail and publication distribution in Japan to their customers worldwide.

Read More

Postcomm steps up its drive for full competition

Posted by | Nov 2, 2004 | |

Postcomm will focus on preventing anti-competitive practices by the monopoly supplier, and improving customer protection in the next stage of its drive towards a fully competitive market in postal services, Nigel Stapleton, chairman of Postcomm, told a conference today. Speaking at the UK Mail Show in London, he said the 80 million items a day handled by Royal Mail together with its daily national coverage allow substantial economies of scale and act as barriers to competition. New entrants also need to overcome customer inertia, a lack of knowledge of the new competing products and Royal Mail’s VAT advantage – it is exempt from VAT whereas competitors must add VAT to their prices. Royal Mail recently returned to profit but at the expense of customer service, Mr Stapleton said. “Royal Mail has missed all its service targets for last year and the first quarter of this year: that is effectively a covert price increase and suggests competition should be speeded up so customers have more choice.”

Read More

Competition for post `should be speeded up’

Posted by | Nov 2, 2004 | |

The failure of the Royal Mail to meet its delivery targets suggests that competition should be speeded up to give customers more choice, the head of the industry’s regulator said today. Nigel Stapleton, chairman of Postcomm, said the Royal Mail’s recent return to profit had been at the expense of customer service. He told London’s UK Mail Show: “Royal Mail has missed all its service targets for last year and the first quarter of this year. That is effectively a covert price increase and suggests competition should be speeded up so customers have more choice.” Mr Stapleton added that the 80 million items of post a day handled by the Royal Mail and its “substantial” economies of scale acted as barriers to competition.

Read More

DX Systems deserves its red-letter day

Posted by | Nov 2, 2004 | |

DX Systems enjoyed its first day as an independent company yesterday. On its demerger from Hays, the shares started trading at 265p – higher than many had forecast – and had posted a healthy premium by the end of the session when they stood at 287 3/4 p. On first sight, DX looks a dull postal business with current growth of just 2pc. However, it remains the only private postage business with a mail licence that has no reliance on the delivery infrastructure of the Royal Mail. Unlike rivals, which depend on the old mail monopoly for the “final mile” delivery, DX handles that itself, giving it an excellent position in an industry which is being slowly deregulated.

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