Global express delivery leader DHL recently announced an expected USD1.2 billion investment in its North America operations to significantly increase capacity and enhance overall service. Owing to the close trade partnership between China and the United States, the expansion into the US market will endow DHL with greater service and operation capacity to meet the Sino-US express demands of its customers.
Read MoreThe new entity to be established after the privatisation of Japan Post in 2007 will be allowed to deliver large parcels such as ski equipment and golf bags, a service very popular with customers of private delivery companies, government sources said. According to the sources, the government plans to ease the current size restriction of parcels for the new entity to make competition as fair as possible with private-sector companies.
After privatisation, the entity will no longer have the benefit of being exempt from paying corporate tax.
Read MoreRentokil Initial yesterday parted company with James Wilde, chief executive, barely two months after showing the door to Sir Clive Thompson, the long-time chairman. The move increased speculation that an internal review now under way could lead to a restructuring, or even a break-up, of the FTSE 100 pest control and contract cleaning group that has a market value of GBP2.58bn. Brian McGowan, who will act as executive chairman until a successor is found for Mr Wilde, said Rentokil had not had a “fresh set of eyes at the top for 21 years”.
Mr Wilde, 51, became chief executive in January 2003. He had joined Rentokil in 1993 after its hostile takeover of Securiguard, where he was a director.
The U.S. Postal Service’s Parcel Return Service generated USD10 million since it began as a two-year pilot program in October, the postal service said.
Parcel Return Service lets mailers provide customers with a prepaid return label that can be included in shipments, mailed to customers or made available for download via the Internet.
Read MoreWhen Mexico’s Congress meets for its next session in September, lawmakers are to revive a bill submitted two years ago that will pit supporters of free-market competition against defenders of state industry. The proposal would hand the letter carriers at Servicio Postal Mexicano (Sepomex), Mexico’s state-run post office, a virtual monopoly on all packages weighing 350 grams or less, except in cases where private firms offer premium services like tracking or digital signatures or if their pricing is at least double the state company’s fee.
Read MoreThe potential closure of An Post’s loss-making parcel and courier service SDS is expected to be among a range of issues discussed by the board of the company today.
The closure option is just one of several proposals expected to be considered.
Another option being considered is reintegrating the service into the main An Post group.
Both plans might allow An Post to dispose of the 80,000 sq ft SDS site on the Naas Road, which has been valued at more than E20 million.
The company has been engaged in major property disposals in the last two years as its finances have deteriorated.
An Post has refused to comment on which option has the support of senior management.
Read MoreJapan Post said Wednesday it will start a service to allow recipients of mail and parcels to pick up these items at convenience stores operated by am/pm Japan Co.
The service will become available from Aug. 20, allowing registered users to collect around the clock mail and parcels delivered during their absence at some 30 am/pm Japan outlets in Tokyo.
Users can pick up their items at special boxes to be installed at the convenience stores for a fee of 100 yen per use.
Read MoreDeutsche Post, the German postal service operator, has confirmed that it is examining the viability of its small post offices. Market experts are speculating that up to 1,000 post offices might be closed down and will be partly replaced by postal agencies based at food shops, while German trade union Verdi believes that up to 1,700 post offices might be shut down.
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