DHL Worldwide Express today announced the resumption of construction on its new U.S. hub project. DHL has operated out of the Greater Cincinnati/Northern Kentucky International Airport since 1983 and selected the site for its expanded facility due for completion June 30, 2003. The hub serves as the U.S. region’s overnight package sorting operation for domestic and international DHL shipments.
Read MoreANY MARKETER WORTH HIS or her salt knows that direct marketing (DM) is one of the most cost effective ways to spend their budget. With the deregulation of the postal market, the case for DM, and in particular direct mail, is set to get even more persuasive.
The move, announced by the Postal Services Commission (Postcomm) in January this year, aims to reduce Consignia’s monopoly in the UK postal market. Final details of the changes are due to be made public this month, although Consignia is currently lobbying hard for the proposed changes to be postponed.
Deutsche Post, the German postal and logistics group, said yesterday it planned to buy back shares in an attempt to shore up its share price.
Institutional investors have long called on Deutsche Post to take such a step, given that its mono-poly mail business generates healthy cashflow and it has comparatively little debt.
The postal carrier has also lost a quarter of its value since its initial public offering in late 2000, which has angered small investors.
A two-day closed meeting with the staff representatives on the topic of reorganizing Österreichische Post AG by business branches ended with a statement issued by the Supervisory Board. Concerns expressed by staff representatives were thoroughly discussed and eliminated.
Read MoreDeutsche Post AG, the German postal service operator, aims to take advantage of deregulation of the EU mail sector in the years 2003 and 2006, and perceives the UK market as particularly promising. With effect from 2003, the EU plans to lower the upper weight limit for state monopolies on letter deliveries from 350 grams to 100 grams (the limit in Germany stands at 200 grams), and a further reduction to 50 grams is planned in 2006.
Read MoreAir Canada and Canada Post Corporation have renewed their long standing cargo and passenger services contract. The multi- million dollar contract that includes carriage of mail and corporate passenger travel has been extended for a further five years for domestic service, three years for transborder and international service and two years for corporate travel. As the carrier for Canada Post’s regular and Premium service mail, Air Canada will carry over 35 million kilograms of mail annually utilizing over 200 daily flights.
Read MoreLufthansa Cargo (LC) is sharing DHL’s intra-European overnight express network after previously converting four B737 “quick change” passenger aircraft for freight each night to deliver its fastest time-definite product, td.Flash. A joint planning team is at work to improve aircraft utilisation and optimise flight schedules, and the partners expect to greatly expand their co-operation by summer 2003.
Read MoreDHL Worldwide Express has launched its China First campaign in Singapore. China First will raise awareness of DHL’s capabilities in and out of China, enabling it to capitalize on the growth of China’s economy at a time when the rest of the global economy is slowing.
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