Author: Archive

DHL Worldwide Express to launch cheaper service

DHL Worldwide Express will launch the Express pallet service that is cheaper than the current one. The new service will use pallets for moving parcels, thus making the transport and delivery of goods easier. A parcel can have a total weight of 150 kilos instead of the current 50 kilos, which can help save on money and time for businesses. The service targets textile, garment and footwear producers in Vietnam.

Read More

FedEx fourth quarter earnings exceed guidance

FedEx Corporation has announced that it expects to report earnings of USD1.36 per diluted share for the fourth quarter ended May 31 including business realignment costs and a USD0.04 per diluted share benefit from a non-recurring reduction in the effective income tax rate. This compares to USD0.92 per diluted share a year ago. Results before business realignment costs were USD1.37 per diluted share, which compares with earlier guidance of USD1.20 to USD1.30 per diluted share.

Read More

Booming Pallet Network searches for a new site

Leicestershire based The Pallet Netwrok says it is considering a move from its Wigston hub. Managing Director Adam Leonard says: We are looking to relocate and are currently debating whether to go purpose-built or move to an existing site. However, whatever we decide we will be staying in the East Midlands.

Read More

Lockheed Martin to upgrade address recognition systems for USPS

Lockheed Martin Corp. of Bethesda, Md., won a USD33 million contract from the U.S. Postal Service to introduce address recognition capability earlier in the mail processing cycle. Doing so will help the postal service deliver mail faster, according to Lockheed Martin officials.

Lockheed Martin will upgrade remote computer reader machines at 350 U.S. postal centers to provide greater sort capability on 1,086 advanced facer canceller systems.

Read More

Deutsche Post will only able to acquire minor stake in Austria post

The Austrian government has announced that it is planning to sell only a minority stake in Osterreichische Post, the Austrian postal service. This will mean a considerable set-back for Deutsche Post, the German postal service, which had been hoping to acquire Osterreichische Post; OIAG, the Austrian industrial holding company in which all state-owned companies are bundled, had already held talks with Deutsche Post regarding the sale of a 74.9 per cent stake in the Austrian company. However, the Austrian government now says that it intends to maintain a majority stake in the Austrian postal service.

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!


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.

 

Pin It on Pinterest