Author: Archive

Sweden’s Posten AB heading for a serious financial crisis

Posted by | Feb 5, 2003 | |

The new CEO of Sweden’s Posten AB, Mr Börge Österholm, believes that his company is heading for a serious financial crisis. ‘We haven’t got to the crisis stage yet, but unless we do something, we will’, one of Sweden’s leading papers, ‚Svenska Dagbladet’ (4.2) quotes Mr Österholm. The paper further reports that the post would have to cope with considerable losses, and unless this trend was broken the company would find itself bankrupt within the next two years.

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Schweizerische Post launching advertising campaign to make itself better known in Europe and gain new customers.

Posted by | Feb 5, 2003 | |

The company has thus started a print campaign in leading papers and specialised magazines in Germany and the Netherlands, which will be extended to Austria in March. Large-sized adverts in e.g. ‘Frankfurter Allgemeine Zeitung’, ‘Süddeutsche Zeitung’, ‘Financial Times’, ‘Algemeen Dagblad’, ‘Telegraaf’ etc. claim that ‘Swiss quality is now available in Germany’ or ‘in the Netherlands’. A Schweizerische Post spokeswoman told the CEP News that the campaign was directed exclusively at business companies.

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DHL to use Hactl express terminal facilities without immediate aircraft access

Posted by | Feb 4, 2003 | |

DHL Worldwide Express will open its US$100 million express cargo terminal (ECT) in the second quarter of next year without dedicated ramp access at the facility to handle aircraft.

The Asia-Pacific’s leading express operator would unload aircraft, mostly the Air Hong Kong freighter fleet purchased last month with partner Cathay Pacific Airways, at Hongkong Air Cargo Terminals (Hactl), the airport’s biggest freight handler, DHL said.

The cargo will then be transferred to what is designed to be its self-handling express centre. It will use its space at Hactl but continue to use the dock to load and unload aircraft.

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Sanmina-Sci and UPS to provide global integrated supply chain solutions

Posted by | Feb 4, 2003 | |

Sanmina-SCI Corporation and UPS announced today that UPS Supply Chain Solutions will provide global logistics services for Sanmina-SCI customers. By utilizing their worldwide networks, Sanmina-SCI and UPS will work to create significant savings through inventory reduction, rapid order delivery, and the reduction/elimination of fixed expenses such as dedicated warehousing assets for its shared customers.
The first joint project is to support Sanmina-SCI’s Supply Chain Services Agreement with IBM, announced earlier this month. This agreement expands Sanmina-SCI’s fulfillment flexibility and speed in the United States, Mexico, Scotland, Hungary, Holland, Dubai, China, Japan, Malaysia, and Australia.

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Competition authorities approve Loomis takeover

Posted by | Feb 4, 2003 | |

The Canadian competition authorities have approved the takeover of the Mayne Group Canada by DHL Worldwide Express on 31.01.2003. The acquisition of the express and parcels business, known in Canada as Mayne Logistics Loomis, is a logical continuation of Deutsche Post World Net’s global growth strategy.

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Hungarian Post faces hard times ahead

Posted by | Feb 4, 2003 | |

The Hungarian post Magyar Posta will have a hard time meeting European Union standards, Magyar Posta president Gyorgy Csaki told a meeting organised by the Association of Postal Workers. He said the postal services market will be fully liberalised by 2009 and the company will face substantial costs in the run-up to liberalisation. Calculating the company’s costs is very difficult, although essential to its endeavours, he said.

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La Poste considering 1.75M property sell-off after legislation change

Posted by | Feb 4, 2003 | |

La Poste may sell up 1.75m m2 of property following a change in legislation which gives the state-owned postal operator greater powers to dispose of its buildings. The company owns around 5m m2 of property across France, with an estimated total value of Û3.5bn.

Up until the end of 2002, La Poste was not allowed to dispose of buildings that were still required for operational purposes. However, this changed with a new law, La Loi Murcef, which has paved the way to the outsourcing of property activities. In most cases, property disposals will still have to be approved in advance by the government, its main concern being that sales do not damage the provision of postal services.

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