Interbrew, European brewing company, is to outsource the ongoing development and operation of its UK retail drinks distribution network to supply chain service provider Exels Tradeteam drinks logistics business.
Read MoreResearch done into the Irish parcels and packet markets for 2002 has shown a highly polarised market, where 86% of international shipments are handled by the top 7 carriers. The findings are reported for the 1st quarter of 2002 on the basis of 375 telephone interviews with Irish shippers. The ‘PacTrac‘ survey, conducted by Andrew Lester & Associates, will monitor the market quarter by quarter throughout the year.
Read MoreSeaboure Group has acquired Scottish courier and transport operator World Xpress Systmes (WX) for an undisclosed sum. The group, which also owns Seabourne Express courier, sees the move as a chance to strategically develop its presence in the Scottish market. Don Hays, Seabournes MD said ‘Acquiring World Xpress fills a major gap in our own UK network, perfectly complementing our own long-established presence in Aberdeen.‘
Read MoreThe Directorate General of Posts (DGP) has decided to extend its services to parcel pickup in addition to deliveries, in the face of increasing competition from private mail and parcel service companies, a DGP spokesman said Thursday.
The spokesman said that state-run post offices, especially those in urban areas, have lost business to private companies, despite shortened inner city delivery times of four hours and that inter-city delivery times to six hours.While international express companies such as UPS and FedEx are doing well in Taiwan’s market, newly established domestic express service firms, including the Taiwan Pelican Express, with its convoy of 470 vans and hundreds of motorcycles, are posing a serious threat to the Post Office.
Deutscher Paketdienst (DPD), the German parcel delivery service provider, a subsidiary of the French postal service La Poste, has revised its turnover forecast downwards for 2002. Earlier this year, it predicted a double-figure growth rate compared with around 1.6bn euros shown in 2001. The delivery volume, which was originally expected to rise by 8 per cent, is now expected to increase by 4 per cent.
Read MoreDeutsche Post World Net will file a complaint with the European Court of Justice.
The decision from Brussels to request 850 million euro in repayments from Deutsche Post practically sets off the entire consolidated net profit. In the first half, this figure is 155 million euros (previous year: a good 1 billion), corresponding to earnings per share of 0.14 euro (0.94).
In the first half of 2002 Deutsche Post World Net’s revenues increased by over 15 per cent to 19.4 billion euro, driven primarily by the takeover of the majority in the worldwide leading express service provider DHL International. The Group’s international revenues rose by over 47 per cent to 7.7 billion euros, representing a 40 per cent share in consolidated revenue. This confirms its rapid transformation from a domestic mail and parcel service provider to a globally leading logistics group.
The Economist had shown the way. With a combination of marketing flair and editorial élan, it had quintupled its North American US circulation to about 275,000 copies a week since the early ‘80s. Funny spelling and a London HQ did not, it seemed, spell death to a publisher in the American market.
In the summer of 1996, a small group of Financial Times managers led by the then chief executive Stephen Hill, looked at these Economist numbers jealously. The FT’s international sales were doing well, especially in continental Europe, but the UK was sluggish. If the newspaper wanted to grow really rapidly, there was only one place to go.
As Spring, the international jv between TPG, Consignia (Roayl Mail) and Singapore Post, seeks an annual growth rate of between 8% to 10% it is targeting large companies such a banks, insurance, mail-order and publishing companies which individually post significant amounts of largely identiacl international mail.
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