Logistic in Cyprus
Logistic in Cyprus
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GLS France: strong growth in export volumes
GLS France recorded a 25 pct growth in export shipments sent to Europe last year further strengthening its cross-border structures and enhancing European interchange.
From Paris and regions bordering on Germany, export volumes rose by 46 pct compared to previous year, the parcels firm said in a statement. It did not release any total figures for volumes or revenues.
GLS said the export parcels are mainly destined for countries bordering on France like Germany, Belgium and Italy. The majority of parcels are exported to Germany (23 pct), Belgium (20 pct), Italy (1 pct), UK (13 pct) and Spain (11 pct).
GLS France said it expected this growth to continue and would continue to optimise its tools and processes to boost this development. For example, in April 2007 it established a direct connection ensuring 24-hour delivery from Paris to Belgium.
Read MoreTNT completes its first euro 200 million tranche and starts on the second
Further to the share buyback programme announced on 30 July 2007 and a first euro 200 million tranche execution announced on 09 November 2007, TNT N.V. announces that this first tranche was completed on 04 January 2008. Starting today TNT will engage in a second euro 100 million tranche, as announced on 06 December 2007.
– on 03 January 2008, it purchased 89,500 TNT N.V. ordinary shares at an average price of euro 27.6485 per share,
– on 04 January 2008, it purchased 62,919 TNT N.V. ordinary shares at an average price of euro 27.6776 per share,
– during the period from 12 November 2007 until and including 04 January 2008, it purchased a total of 7,185,694 TNT N.V. ordinary shares at an average price of euro 27.8331 per share, and
– as the total amount of the share buyback until and including 04 January 2008 therefore amounts to the announced maximum of euro 200 million, a first tranche of this share buyback programme has been completed.
TNT’s issued share capital currently consists of 379,224,255 ordinary shares. This number includes the 7,185,694 shares repurchased as part of the above-mentioned first tranche, which TNT intends to cancel taking into account applicable regulations as stipulated by law and the articles of association.
Read MorePolar Air Cargo hires Thomas Betenia as Vice-President Sales and Marketing, Americas
Atlas Air Worldwide Holdings, Inc. announced that Polar Air Cargo Worldwide, Inc. (Polar) has hired Thomas Betenia as Vice President Sales and Marketing, Americas, effective January 7, 2008. Mr. Betenia, who will be based in Purchase, NY, comes to Polar from Lufthansa Cargo AG, most recently as Director of Sales and Handling for the U.S. Northeast and Mid-Atlantic regions.
At Polar, Mr. Betenia will oversee all sales and marketing activities in the Americas. This will include building on Polar’s existing business with its scheduled-service customers while leveraging the Company’s added express capabilities on behalf of current and prospective customers. As part of its commercial agreement with DHL Express, Polar will begin offering express service for DHL in October, 2008, requiring close network and geographic integration.
Mr. Betenia, 47, joined Lufthansa Cargo AG in 1980. During his first 15 years there, he held positions of increasing responsibility in areas as diverse as accounting, flight operations, network planning, and sales and marketing.
Randy Clark, Chief Operating Officer, Polar Air Cargo Worldwide, Inc., said, “Our operations in the Americas get a huge lift from the addition of Tom to Polar. We have planned for scheduling and staffing to accommodate the high-quality, high-reliability service required in the express business. At the same time, we will continue to serve our freight-forwarder customers with convenient schedules on existing routes. Tom’s experience will benefit both our express and scheduled service operations.”
Read MoreUPS launches new global air freight portfolio
UPS launched a simplified global portfolio for shipping air freight, including a substantially expanded express freight option with guaranteed door-to-door service.
The new air freight portfolio features a greatly expanded international express service called UPS ExpressSM Freight. It more than triples the number of express lanes currently served and provides guaranteed time-definite, overnight-to-three day door-to-door delivery including routine customs clearance to major global metropolitan areas.
For less time-sensitive global movements, UPS offers two non-guaranteed alternatives: UPS Air Freight DirectSM is a one-to-three day airport-to-airport service, and UPS Air Freight ConsolidatedSM is a three-to-five day airport-to-airport service. Both services are available worldwide and offer pickup, delivery and customs clearance as optional features. Freight shipments may move on either UPS or third-party aircraft, providing the ultimate in flexibility.
By combining the capabilities of the world’s 9th largest airline with UPS’s position as a global freight forwarder with access to other airlines, UPS becomes the only transportation and supply chain provider offering guaranteed integrated air freight services in a single portfolio. And from an operational standpoint, UPS is introducing automatic online day-specific scheduling for customers whose freight shipments are moving on third-party aircraft. This level of predictability has been an important missing link in the air freight forwarding market.
Moreover, the new freight portfolio represents another step in UPS’s drive to offer customers a complete range of U.S. domestic and international package and freight shipping options along with supply chain and logistics services, all available worldwide from one trusted source.
Read MoreWestern Union Launches 50,000th Agent Location in India
The Western Union Company announced the opening of its 50,000th Agent location in India at the State Bank of India branch in Gurgaon, Haryana. To mark the occasion, Hikmet Ersek, EVP and MD, Western Union Europe, Middle East, Africa and South Asia (EMEASA), joined Gautam Kanjilal, Chief General Manager (Delhi), State Bank of India, for a special inauguration ceremony.
Western Union, together with its affiliates, Orlandi Valuta and Vigo, is a leading provider of global money-transfer services. Consumer demand for Western Union services has grown due to a rise in long-term global migration trends, which have resulted in increasing cross-border remittances. India is one of the world’s largest receivers of remittances with more than 26.9 USD billion remitted into India in 2006-2007, according to the Reserve Bank of India.
“India offers immense growth potential in the money-transfer business, and with the launch of the 50,000th location we re-emphasize our commitment to our customers in the country,” Hikmet Ersek said. “Money transfer is a very unique way of participating in the growth and development of a nation, especially in India where Indian Diaspora income is regularly channeled back into the country. Together with our Agents we aim to contribute to the development of the country by delivering fast and reliable money-transfer services to our customers. ”
Gautam Kanjilal, Chief General Manager (Delhi), SBI, said, “We highly value our relationship with Western Union and look forward to delivering even better services to our customers by working closely together.”
Speaking at the inauguration event, Anil Kapur, MD-South Asia, Western Union Services India Private Limited, said: “Western Union is expanding its services in India by increasing our reach as well as adding value to our service offerings. In November 2007, we announced a pilot Mobile Money Transfer Project in association with Bharti Airtel.”
Western Union has 50,000 Agent locations in India spanning over 5,000 cities, towns and villages. This includes more than 8,500 post offices and more than 14,000 branches of leading banks.
Read MoreEnvironment minister raises concerns over DM industry (UK)
Environment minister Joan Ruddock has warned the direct marketing industry that it needs to improve its environmental record if it is to avoid legislation such as a mandatory opt-in for direct mail.
Ruddock set out the government’s views of DM’s environmental record in an exclusive interview in the January 2008 issue of Marketing Direct magazine. While she appreciated that “a lot of technical work has gone on” to make DM materials more environmentally friendly, she reminded the industry that opt-in for direct mail is “always on the table” if it doesn’t meet the recycling targets agreed with the Department for Environment, Food and Rural Affairs back in 2003.
She said direct marketers needed to ensure they are “on course” to achieve the second recycling target agreed timed for 2009.
The government would not impose opt-in “lightly… but we could not stand by if the industry made no further response”.
Having met with the Direct Marketing Association late last year, she said she was confident that direct marketers would respond. “We have established a relationship [with the DMA], but we want you to do more. We’re not singling out this industry — every industry and business across the land is being asked to do more for climate change.”
Read MoreAre prices set to rocket for holidaymakers in Malta and Cyprus – the newest members of the eurozone?
The eurozone got bigger this week as two of the most popular destinations – Malta and Cyprus – joined Europe’s currency club. But, if history repeats itself, this could prove bad news for UK holidaymakers, according to Post Office® Travel Services.
Costs for holidaymakers in Malta and Cyprus are currently lower than in eurozone countries like France and Spain, based on the Maltese lira and Cypriot pound. However, if prices rocket as they did in Spain and Greece when the first 12 countries switched to the euro six years ago, the two islands could become Europe’s most expensive resorts. This is one of the key predictions made in the new Holiday Money End of Year Report, which will be published by the Post Office® next week.
Before the 2002 changeover, Spain and Greece were the cheapest of Europe’s major holiday resorts – places where eating and drinking cost a fraction of the UK price. By contrast, Italy was, invariably, the most expensive. Within months of adopting the euro, prices had rocketed in Greece and almost doubled in Spain. Only in Portugal did euro prices stay more or less in line with the Portuguese escudo rates.
Post Office® bureaux de change branches will no longer sell Maltese lira or Cypriot pounds. However, customers will be able to exchange these currencies for sterling using the Post Office®’s buy back service until 30 January 2008. After that point, anyone wanting to exchange old Maltese and Cypriot notes will need to contact the central bank of these countries.
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