DHL axes Brussels as intercontinental hub
DHL axes Brussels as intercontinental hub
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La Poste to invest 30M Euro in new platform
French postal service operator La Poste has announced plans to invest 30m euros in the construction of a new national, state of the art industrial platform in the northern city of Lille. The platform is part of La Poste’s 3.4bn-euro 2004-2010 program to transform its French industrial equipment in the context of the liberalization of the French postal services sector. The new platform will be equipped with the latest technology, and be able to sort more than 400,000 letters per hour. It will commence operation in 2007.
Read MoreGermany – ePost customers transfer to Lycos Europe
Lycos Europe and Deutsche Post have signed a cooperation agreement concerning the Deutsche Post e-mail service, ePost. Deutsche Post will end this service and ePost customers, who transfer to Lycos before 28 February 2005, receive advantageous conditions. Lycos will automatically transfer the personal contacts data to the Lycos server and all e-mail messages will be forwarded to a Lycos e-mail address until December 2005.
Read MoreSuccessful share offering increases Kuehne + Nagel free float by 61percent [34.3percent is free]
Successful share offering increases Kuehne + Nagel free float by 61%
Read MoreJapan Post claims tie-up with Lawson not violating antimonopoly law
Japan Post claimed at a court hearing Thursday its tie-up with convenience store operator Lawson Inc. in the parcel delivery business does not constitute dumping that violates Japan’s Antimonopoly Law. The public corporation demanded at the first hearing in a suit filed by Yamato Transport Co. that the Tokyo District Court reject the courier’s demand for a halt to the alliance between Japan Post and Lawson. Yamato filed the lawsuit against Japan Post in late September, maintaining that the state-backed entity’s parcel delivery business expansion through Lawson’s nationwide network would be “unfair” under the Antimonopoly Law as long as it receives preferential treatment in taxation and other areas.
Read MoreDHL pulls international hub out of Brussels after dispute over night flights
The DHL parcel delivery service said Thursday it was pulling its intercontinental hub – and thousands of jobs – out of Belgium because authorities refused to accept an increase in noisy night flights. DHL workers immediately went on strike to protest the loss of some 1,700 jobs, instead of the thousands in additional jobs they had been promised under the company’s planned expansion of its hub in the Belgian capital. “We had a vision of making Brussels national airport the most modern and state-of-the-art hub of global logistics network. However we have now reached the point where we realize that there is no political support,” said DHL Express Europe CEO Peter Kruse. Prime Minister Guy Verhofstadt, however, said the talks finally broke down because DHL kept on adding “additional conditions, additional planes, more flights. Of course, they made it impossible.”
Read MoreUPS reports solid 3rd quarter earnings as package business grows worldwide
UPS today reported solid third quarter growth with revenues rising 7.7% and net income increasing 20.4%. Total worldwide average daily volume increased by 445,000 packages per day to 13.7 million, a 3.4% increase. Total international export package volume grew 13.2%, while UPS Supply Chain Solutions posted strong growth with revenue up 10.1%. “The reach and reliability of our global package delivery network is unmatched and we’re attracting new business as a result,” said Scott Davis, UPS’s chief financial officer. “We’re seeing double-digit export growth in every region of the world with strong profit increases to match.”
Read MoreFedEx rebrands Parcel Direct as FedEx SmartPost
FedEx Corporation today announced a new brand identity for recently acquired national parcel consolidator Parcel Direct – FedEx SmartPost(SM). The New Berlin, Wisconsin-based subsidiary of FedEx Ground, the small-package ground delivery unit of FedEx Corporation, will begin operating under the new brand immediately. “Rebranding Parcel Direct as FedEx SmartPost allows us to leverage the considerable power of the FedEx brand in the emerging parcel consolidator market,” said T. Michael Glenn, executive vice president, FedEx Corporation. “The name also aptly describes a smart, cost-effective way to deliver packages to residences using the delivery strengths of the United States Postal Service.” FedEx SmartPost operates a low-cost network specifically built to tender low-weight, less time-sensitive packages into the US Postal Service system, typically at the local post-office level, for final delivery to residences.
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