DHL Express has launched a new service called Air Cross in Malaysia.
Air Cross, an extension of DHL’s Import Express service, allows customers to arrange delivery directly from their oversea suppliers to international and domestic clients.
Read MoreFrench banks are redoubling efforts to fight planned legislation that would expand the range of financial services offered by the country’s state-owned postal service. Established banks say La Poste’s 17,000-strong branch network equals the distribution size of France’s top four banks and would severely skew competition.
Read MoreSpanish packet express company MRW was able to raise its turnover last business year by 10.6percent over its 2002 results (EUR 390 million) to EUR 431.52 million. Francisco Martin Frias, General Director of MRW, expects “similar or improved figures” for this year. Practically all services the company offers had been able to raise their turnover, as Frias stated.
MRW has opened 23 new branches last year and is currently working with a network of 686 franchise bases. Martin Frias said: “We want our franchise partners to open up to another thirty branches each year.”
Read MoreThe Deutsche Post World Net and its subsidiary DHL are in the middle of a fundamental consolidation process. The ITJ spoke to Sal di Franco, Managing Director of DHL Italy.
Taking four express networks and making them into one should be a win-win situation for company and customer alike.
But Sal di Franco, who, as head of DHL Italy and its Italian subsidiary, is managing just such a consolidation process for Deutsche Post World Net (DPWN) in Italy, knows things are not that simple south of the Alps.
In 2003, DHL increased the volumes of deliveries by 30 percent from 2002. Profit of DHL in Russia in 2003 grew by 40 percent. In 2003, European countries and US accounted for the major part of imported cargoes and DHL transported more than 3,000 tons of cargoes and documents both in international and in internal directions in Russia.
Read MoreIt’s a red letter day for Croydon with the arrival of almost 200 new postal jobs and the prospect of many more to come. Deutsche Post Global Mail (UK) Ltd, part of the German post office, looked at a number of sites before deciding that Croydon was the best place to concentrate its international operations in the United Kingdom. It has created a purpose-built headquarters where it now houses 160 staff in a state-of-the-art sorting and distribution facility that can handle up to 7.5 million items a month.
Read MoreDeutsche Bank, Germany’s leading bank, and Deutsche Postbank, the banking subsidiary of German national postal operator Deutsche Post, are to co-operate in payment transactions. It is reported that, with effect from July, Postbank will process domestic payment transactions on behalf of Deutsche Bank through its specialist subsidiary Betriebscenter fur Banken (BCB).
Read MoreFedEx Corporation has increased its earnings estimate for the fourth quarter of fiscal 2004 to USD1.20 to USD1.30 per diluted share, excluding the costs of the company’s business realignment activities, compared to USD0.92 per diluted share a year ago. Fiscal 2004 earnings are now expected to be USD3.40 to USD3.50 per diluted share, excluding business realignment costs and a one-time tax benefit recorded in the first quarter, compared to USD2.74 per diluted share a year ago.
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