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TNT triumphs at the transport Awards

Posted by | Aug 19, 2008 | |

TNT Express Services, based at Petersfield Road, Kingstown, Carlisle, picked up the honours in the Environment and Training categories at the Motor Transport Awards – the ‘Oscars’ of the UK transport sector.

The company has won 26 awards in 22 years.

The coveted Environment award was handed over with the judges praising TNT’s “comprehensive approach where being green is a company-wide objective, led from the top”

They also commended on TNT’s ground-breaking initiatives including the launch of the world’s largest fleet of zero emission electric vehicles, its programme to reduce vehicle mileage and fuel consumption for long-distance lorries, along with a scheme which encourages company car drivers to buy greener cars.

The judging panel was also impressed at a scheme to reduce TNT’s carbon footprint worldwide and in reducing absence rates – down by 17.9 per cent year-on-year.

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ABX Air finalizes severance and retention plans

Posted by | Aug 19, 2008 | |

ABX Air, Inc., announced it has reached an agreement with DHL on severance and retention plans for impending job reductions.

Following a period of voluntary reductions, ABX Air will serve Workers’ Adjustment and Retraining Notification Act (WARN) notices to approximately 200 employees next week. Government officials will be notified as well. Workers will be leaving jobs no later than 60 days from the day they receive the WARN notices.

This reduction is a result of DHL reducing 23 ABX Air DC-9 aircraft this year. These fleet reductions are the first associated with the plan DHL announced at the end of May. DHL has indicated to ABX Air that the DC-9 reductions will continue until all ABX Air DC-9s are parked sometime in 2009.

To assist in the transition for dislocated employees, ABX Air is working closely with the State Rapid Response Team and members of the Five Star Job Centers of Southwest Ohio, who are also coordinating with other surrounding counties. ABX Air has set up an onsite Transition Center to facilitate access to the available support services. Full- and part-time employees will be eligible to receive severance options, which include continued health and welfare coverage. All of these measures are intended to help dislocated workers bridge the employment gap.

ABX Air expects that additional notices will be necessary as more DC-9s are removed from the fleet. ABX Air’s DC-9 schedule of reductions is not affected by the discussions between DHL and UPS, but by DHL’s schedule to park the aircraft, as well as other ABX Air business adjustments.

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Ingram Micro chooses PNL as their logistics partner

Posted by | Aug 19, 2008 | |

Since 2007 PNL has distributed more than one million parcels for Ingram Micro in the Nordic region. The agreement, which is one of the most extensive shipment agreements in the Nordic region, will be renewed for one more year.

Ingram Micro sends more than one million parcels per year from their Nordic main storage in Rosersberg. The main part of their distribution takes place in Sweden, but Denmark is a close follower. PNL is responsible for all Nordic distribution, including return shipments, which results in ten trucks per day.

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Federal utility bill payment can now be done at most UAE post offices

Posted by | Aug 19, 2008 | |

Dubai Consumers of Federal Electricity and Water Authority (FEWA) can now pay bills and fines at post offices.

The new service was officially launched at the Deira Main Post Office recently.

An agreement was signed in July, 2008, between FEWA and Emirates Post, putting in place a system that allows payment of FEWA bills at any of the 95-plus post offices across the UAE.

“This is just the start of a wide-ranging cooperation agreement between FEWA and Emirates Post. In the next phase, the agreement will expand to other areas of cooperation,” said Faisal Al Nuaimi, acting Assistant CEO, Development and Marketing Affairs, Emirates Post. “This is part of our efforts to offer a wide range of public services through the postal network, in association with different government departments.”

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Royal Mail announce further service cuts across east and south of Scotland

Posted by | Aug 19, 2008 | |

Dozens of post offices have been earmarked for closure or downgrading in the latest round of cuts to the service.

Post Office officials said today a six-week consultation on shutting 26 branches has been launched in Edinburgh, the Lothians and the south of Scotland. It is proposed a further 32 will be replaced by so-called outreach services, including mobile post offices.
The move is part of the UK government’s plans to close around 2,500 post offices across Britain by 2009.

A total of 119 post office closures across Scotland have already been confirmed. A further 70 are threatened with the axe, including the 26 announced on Tuesday (19th August).
West Lothian Council said it was disappointed by news of the proposed closures, which includes three in its area.

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Postbank sale talks close to collapse

Posted by | Aug 19, 2008 | |

Active talks between Deutsche Post and potential buyers of its majority stake in Germany’s biggest retail lender Deutsche Postbank have stalled, casting doubt on wider banking consolidation.

Several sources familiar with the situation told Reuters that no buyer was in sight for Deutsche Post’s stake of 50 percent plus one share, sending the shares to a three-year low.

Another source familiar with the matter said Deutsche Bank, the last remaining potential bidder involved in intensive talks, is no longer interested at this time.

“There are no longer any talks with Deutsche Bank. The price expectations were too far apart,” the source said, adding the price would have to fall dramatically for Deutsche to return to the negotiating table.

“The process has broken down, but is not dead yet,” another person familiar with the matter said.

Postbank, which has nearly 15 million customers, was seen as the biggest prize of a long hoped-for consolidation in the German banking sector, in which German insurer Allianz is also seeking a partner for its embattled Dresdner Bank.

Consolidation looked to be moving forward this year when France’s Credit Mutuel bought Citigroup’s German retail operations.

But analysts say differences of views on sale prices and the valuation of assets and risks on lenders’ books in face of financial market uncertainties may keep sellers and buyers from reaching agreement.

Reuters reported last month that British bank Lloyds TSB was also dropping out of the running for Postbank, which has a market capitalization of 7 billion euros (USD 10.28 billion), down from more than 10 billion just two months ago.

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Estafeta grows H1 volumes by 12.5pct

Posted by | Aug 19, 2008 | |

Estafeta increased its volumes by 12.5 pct in the first half of 2008 despite a 6 pct drop in overall air cargo volumes in Mexico due to the impact of the slowing US economy, local media reported.

The leading express company handled a daily average of 58,800 shipments at its national hub at San Luis Potosí, in northern-central Mexico, which was equivalent to 180 tonnes a day.

The Mexican express market is facing difficult conditions due to higher fuel prices and the US economic recession, according to the Estafeta chief. Foreign carriers reduced their capacity in the Mexican market by 15pct in the first half-year while local airlines grew by 7.1pct, he said. But Armendáriz stressed: “Air cargo is a critical factor for the country’s competitiveness, although we still have to do much so that this sector can become a true catalyst for the national economy.

Estafeta is investing some USD 30 million (EUR 19 million) in its air network and infrastructure this year. The bulk of the investment will go on a runway extension at its hub at San Luis Potosí in northern-central Mexico that will enable international flight operations. It has also added two Bombardier CRJ jets with capacity of five tonnes to its fleet of five B737 cargo planes, which have capacity of about 14 tonnes and operate to 12 destinations within Mexico and abroad. Other new centres are planned in central Mexico.

In 2007, Estafeta increased net sales by 13pct to USD 250 million and carried 25 million shipments. It said at the start of this year that it is targeting 15pct revenue growth this year, partly to be generated through a new LTL trucking service covering Mexico and the USA.

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FedEx Corp. Board declares quarterly dividend

Posted by | Aug 19, 2008 | |

The Board of Directors of FedEx Corporation declared a quarterly cash dividend of USD 0.11 per share on FedEx Corporation common stock. The dividend is payable October 1, 2008 to stockholders of record at the close of business on September 10, 2008.

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