Author: Archive

UPS poised to gain from net shopping service plans to stay ahead of competitors with route improvements

Posted by | Jul 18, 2004 | |

UPS is a solid company poised to benefit from an improving economy and the growth of Internet shopping. It’s also building its competitive edge by developing more efficient route plans and taking advantage of opportunities in Europe.

“It’s got a good yield, it’s a very strong company — and it’s growing,” Stephen Desmond, stock analyst said. “Over time, I think it will do well.”

UPS, which gets 90percent of its income from delivering packages, has three big competitors: Deutsche Post, which owns DHL Express; Federal Express; and post offices around the world, with the most competition coming from the U.S. Postal Service.

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Pitney Bowes says ‘Snail mail’ is here to stay

Posted by | Jul 18, 2004 | |

To the casual observer, “snail mail” is doomed. Bills can be paid with a mouse click. Photographs, even lengthy PowerPoint presentations, arrive instantly by e-mail. But Pitney Bowes (PBI) doesn’t believe it. It is in the mail business, and revenue rose 18% from 2000 to 2003. The company ranks No. 383 on the Fortune 500, and its stock is up 14% during the past 12 months. Pitney Bowes is the world’s largest maker of postage meters. It also goes on site at companies to operate mailrooms. It has contracts with the largest mass mailers, performing everything from envelope stuffing to using sophisticated software that keeps mailing lists accurate. Pitney Bowes CEO Michael Critelli, 55, talked with USA TODAY corporate management reporter Del Jones and warned businesses that they will lose opportunity if they believe snail mail is in its last stages

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DHL to launch festival express in India

Posted by | Jul 17, 2004 | |

Close on the heels of the success of the Mango Express, launched in the summer, DHL Express is set to launch another retail product, Festival Express, next month.

According to the Head, Marketing, Mr Ramesh Natarajan, the company plans to launch special products for Rakhi and Deepavali under the project.The scope of the product was currently being studied, he said. The company hopes to target the large number of families who have friends and relatives abroad while selling the product.

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Hesse welcomes Deutsche Post plans to reduce night flights from 2005

Posted by | Jul 16, 2004 | |

Deutsche Post AG is to further reduce its night air mail network in stages from the start of the summer air schedule in March 2005. This will lead to a considerable reduction in night aircraft movements, particularly at Frankfurt am Main airport. Dr. Klaus Zumwinkel, Chairman of the Board of Management at Deutsche Post World Net, explained the planned changes in talks with the Minister-President of Hesse, Roland Koch. Minister-President Koch was pleased about the planned reduction of night flights and unequivocally welcomed Deutsche Posts plans. He said that they were the successful result of the regional governments efforts to reduce noise nuisance at night even before the expansion of the airport.

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TNT Network Logistics wins new HarperCollins contract

Posted by | Jul 16, 2004 | |

HarperCollins has renewed its distribution contract with TNT Network Logistics until the end of 2008.

The two companies have been working together since July 2001 when TNT Network Logistics took over the outbound distribution of palletised loads from the HarperCollins warehouse near Glasgow. The second phase included collecting inbound books from the printers in the UK and direct deliveries to HarperCollins’ customers in the UK.

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UK Mail bullish over business post gains

Posted by | Jul 16, 2004 | |

UK Mail predicts it will be handling nearly half a million business letters a day by the end of next month, as new customers join existing clients PowerGen and mobile phone network Singlepoint in switching their services to the private postal operator.

The company, which claims it will generate up to GBP15m worth of revenues this year from a standing start two months ago, revealed it had secured the PowerGen business this week. It is expected to handle up to 35 million items for the utility giant, mainly bills and marketing literature. UK Mail is also understood to be working for Singlepoint, which was bought by Vodafone last year, although it declined to confirm the appointment. In addition, the postal operator is believed to be targeting government agencies.

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US FedEx to open 70 new Kinko’s in 2005

Posted by | Jul 16, 2004 | |

FedEx has said it will open 70 new locations for its Kinko’s division in the fiscal year ending in May 2005.

The package shipping giant also said in its annual report to the Securities and Exchange Commission that it expects to spend USD20 million on rebranding the new division as FedEx Kinko’s Office and Print Centers. FedEx bought the Kinko’s copy shop chain of 1,200 stores in February for USD2.4 billion, making it the fourth major division of the parent company.

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