Author: Archive

TNT India eyes two more areas

Posted by | Jan 31, 2003 | |

TNT India Ltd, a 100 percent subsidiary of TPG of the Netherlands, has identified two focus areas: the life sciences segment under its express division and logistics. The company plans to formally enter the Indian logistics marker, estimated at Rs300-400 crore, by the end of Mar 2003. It expects this market to scale up rapidly following the introduction of a new VAT regime and emerging trends in outsourcing. It expects its logistics business to overtake its express business in the next five years.

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DHL finalises purchase of Mayne Logistics Loomis

Posted by | Jan 31, 2003 | |

DHL Worldwide Express, the global market leader of the international air express industry, announced today the completion of its purchase of Mayne Logistics Loomis. Under the DHL Canada banner, the newly combined company will become the third largest express transportation provider in Canada. The acquisition is in step with DHL’s plans for expansion of its North American presence.

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Postcomm sets clearer rules for exceptions to the universal postal service

Posted by | Jan 31, 2003 | |

Postcomm today announced new rules governing when Royal Mail does not have to make daily deliveries to particular addresses. These rules remove doubt about what delivery arrangements are required from Royal Mail, and what arrangements customers can expect.

Royal Mail has a legal obligation to provide a universal postal service of deliveries six days a week to every home or premises in the UK, subject only to exceptions determined by Postcomm. Such exceptions include addresses where access is via difficult or dangerous terrain (a health and safety exception) or on islands which do not have a daily ferry or air service (a difficulty of access exception).

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UK Royal Mail to trial electronic stamps

Posted by | Jan 31, 2003 | |

Royal Mail is due to start trials on electronic stamps by end-April 2003. The system would allow consumers and companies to purchase stamps over the Internet and output them onto a printer, according to Paul Kelsall, information systems director with Royal Mail. If the trials are successful, electronic stamps will be available generally by end-2003. Lockheed Martin, supplier of sorting machines to Royal Mail, is developing the technology. The stamps will include encryption technology, to cut fraud.

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Speed Post launched in Kalimpong,India

Posted by | Jan 31, 2003 | |

Speed post was introduced at Kalimpong on Monday. The facility is expected to boost trade in the region, postal department officials said.

“Very soon same day speed post delivery service will be introduced in Darjeeling, Kalimpong, Kurseong and Siliguri, thus linking these four places,” post master general of north Bengal, John Samuel said. This allows for a a parcel or document from Darjeeling to Kurseong to be delivered the same day through speed post.

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TPG, Deutsche Post in Hays bid?

Posted by | Jan 30, 2003 | |

The consolidation of Europe’s fragmented logistics sector is gathering pace with reports that Hays, the British business services group, plans to sell its logistics units.

TPG, the global mail and express group headquartered in Amsterdam, today declined to comment on reports that it is interested in the business, but said it is committed to boosting its activities in the United Kingdom. Germany’s Deutsche Post World Net has also been mentioned as a potential bidder along with British rivals Exel and Tibbet & Britten.

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Hays seeks buyer for logistics operations

Posted by | Jan 30, 2003 | |

Hays, the business services group, is sounding out potential bidders for the logistics activities that used to form the heart of its operations. Shareholders have been pressing for a break-up after disappointing trading and two profit warnings in the past 18 months. Schroder Salomon Smith Barney, Hays’ advisers, is understood to have contacted potential bidders for the business, which could be valued at between £250m and £400m.

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