Author: Archive

French post office opens Europe’s largest sorting office

Posted by | Sep 15, 2004 | |

Jean-Paul Bailly, the chairman of the French post office, La Poste, yesterday opened the organisation’s new mail-sorting office in northern Paris. The new facility is the biggest of its kind in Europe, capable of processing 5 million items a day from eight of the French capital’s 20 arrondissements. La Poste’s mail director, Christian Kozar, has stressed that no other sorting office will close as a result of new centre’s launch. Its aim, he said, is next-day delivery for nine out of 10 letters by 2010.

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Estonia may levy 5pct VAT on postal services

Posted by | Sep 15, 2004 | |

Estonia agrees with the European Council’s position concerning the harmonization of the tariffs of postal services, which may result in the addition of five percent VAT to the price of postal services in Estonia. The ministry admits that if the plan is carried out it may lead to an increase in the price of universal postal service by the VAT rate. Estonia is levying no VAT on postal services now.

According to a policy paper drafted at the Ministry of Finance, Estonia is in favor of taxation of postal services with VAT on a uniform basis and application of as few exceptions as possible. Lifting the tax exemption for the universal postal service would be conducive to achieving this, the Estonian ministry finds. The Estonian position will be presented to the government by Finance Minister Taavi Veskimagi on Thursday

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Australia teams with China to deliver the goods

Posted by | Sep 15, 2004 | |

Australia Post is going into the mail and logistics business in China in a joint venture operation that is expected to grow into a AUSD1 billion business within a decade. In the first significant move to spread Australia Post’s revenue base overseas, the government-owned postal operator has formed a company with China Post to become a major operator in the logistics business in China. The new joint venture company is called Sai Cheng – which means “exceed, surpass, honest and sincere”. It will begin building a transport and logistics hub near Shanghai to distribute goods from China’s expanding manufacturing base around the world. Australia Post chief executive Graeme John said the joint venture company had already identified the next five logistics hubs it would build in China after Shanghai in order to quickly expand the company.

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The Post Office: Six first-class and £10,000, please

Posted by | Sep 15, 2004 | |

The Post Office has diversified into personal loans. Will it pay off?

FOREIGN currency, travel insurance, tickets to Disneyland, car tax, television licences, mobile-phone top-ups–not forgetting the stamps–are some of the products that the Post Office will sell you these days. A new one has now joined them: personal loans, with motor insurance and a credit card to come.

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Spanish Courier Sector Eyes 5.8 Bln Euro Turnover 2004

Posted by | Sep 14, 2004 | |

Spanish courier service sector forecasts a turnover of a total 5.8 bln euro ($7.1 bln) for 2004, up 10.9 pct year-on-year, Spanish consultancy DBK said on September 14, 2004.

Spain’s courier sector eyes a 9.0 pct year-on-year increase in turnover to 6.3 bln euro ($7.7 bln) in 2005.

The turnover increase in both 2004 and 2005 will be partly due to the improved consumer confidence in delivery services.

DBK has also detected a tendency of mergers between courier firms in Spain, targeted at strengthening of the companies’ positions on the domestic market, at entering new markets or at gaining bigger clients and starting complementary services.

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DHL to pull out of Brussels

Posted by | Sep 14, 2004 | |

DHL Worldwide is preparing to take part of its business out of Brussels Zaventem Airport as it is no longer prepared to wait for the country to agree to DHL’s plans to expand, a Belgian paper said on Tuesday. DHL, a unit of Deutsche Post, wanted to expand at Zaventem but needs the green light from the country’s different regions to allow it to increase the number of night flights so the business can grow. Belgian daily Het Nieuwsblad quoted “high-placed” sources at DHL as saying DHL would keep its headquarters and its courier service in Zaventem, near the Brussels capital, but that the airport would lose out on an expansion of DHL’s European sorting center.

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FedEx Corp finishes USD120 million acquisition of Parcel Direct

Posted by | Sep 14, 2004 | |

FedEx Corp has completed its USD120 million acquisition of Parcel Direct from Quad/Graphics, the company announced. The move marks FedEx’s entry into the emerging parcel consolidation market.
FedEx said it now will be able to deliver low-weight, less time-sensitive goods to residential customers. Parcel Direct will operate as a subsidiary of FedEx Ground and will target customers in the e-tail and catalog industries. It will be led by Ward Strang, a 16-year veteran of FedEx Ground who was instrumental in the growth of the company’s residential ground service, FedEx Home Delivery.

Strang will direct all operations for the 12 distribution hubs and 450 employees from Parcel Direct headquarters.

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