Author: Archive

Chinese CEP market to outgrow Germany

Posted by | Aug 1, 2007 | |

The booming Chinese courier, express and parcel (CEP) market will outgrow Europe’s largest market, Germany, within fi ve years if it maintains its current dynamic growth rates. The world’s four leading express players, DHL, FedEx, TNT and UPS, look set to win signifi cant market share from Chinese operators by expanding their domestic services. In response, Chinese players are trying to strengthen their fi nancial basis and enhance their services. Those are the key fi ndings of a new “CEP Market Fact Sheet China” from Hamburg-based market researchorganisation, CEP-Research.

The Chinese CEP market has soared with average annual growth rates of about 25 percent in recent years, nearly quadrupling in value from about EUR 1 billion in 2000 to over EUR 3.8 billionin 2006, according to CEP.

Demand has been driven by economic liberalisation, a surge in foreign trade and the emergence of a strong domestic consumer market. Looking ahead, growth rates in the 25 percent- 30 percent range are expected for the next few years, taking the market to over EUR 12.5 billion in 2011, CEP-Research forecasts. This would make China bigger than Germany, France and UK, the three largest express and parcel marketsin Europe.

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Posindo expands finance division

Posted by | Aug 1, 2007 | |

The financial business of state own PT Pos Indonesia reported a steady growth rate by 36% in the last few years, pushing the company to continue expansion on fi nancial-based services. President director Hana Suryana said more and more fi nancial institutions are collaborating with Posindo. At least 36 business partners are fi nance services of Posindo, including payment for credit card, electricity bills, water bills, andautomotive credit.

Recently Posindo agreed to expand the services of Citibank via Posindo’s network throughout the archipelago. Citibank and Posindo are partners since 1992 when Posindo agreed to handle Citibank credit cards payment. Since then, over 500,000 mails and bills ofCitibank are sent via Posindo.

Posindo has also launched online services such as ATM Pos, Duit Pos, Kartu Payment Point and mall-based servicessuch as Kios Pos and Warmasif.

Suryana said financial division’s contribution is about 7% (Rp150 billion) of the company’s total revenue, far below communication and logistics divisions. Nevertheless, fi nancial division is growing. Now, 1,897 of Posindo offi ces are equipped with online services, expected an increase to 3,500 offi ces next year. With that, Posindo’s revenue from finance services will grow by 10%.

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TNT opens new office in Mendoza, Argentina

Posted by | Aug 1, 2007 | |

TNT Express has continued its expansion in South America with the opening of larger premises in the Argentinean city of Mendoza last July. .

The new facility, with handling space of 250 msq, 300 msq of storage capacity and associated offices, is four times larger than the previous depot, the company said.

TNT Argentina said that the enlarged premises followed double-digit growth of 15 pct in weight transported and of 13 pct in volumes over the last six months. “We are thus consolidating in one of the most important export regions in the country,” the company stated.

“This will enable us to improve our consolidated air cargo service and to broaden the operational capacity ready for the peak season,” commented branch manager José Luis Bellino.

TNT Argentina has own offices at Buenos Aires international airport and downtown Buenos Aires as well as in the cities of Córdoba, Rosario, Mar del Plata, Mendoza and a recently opened branch in Salta.

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ASTAR Air Cargo Acquires Aircraft

Posted by | Aug 1, 2007 | |

ASTAR Air Cargo today announced it has finalized terms to purchase two DC-8-73 aircraft with long-range capabilities and a spare engine currently leased from Bank of America’s leasing division. Acquisition financing to ASTAR has been arranged and is being provided by HSH Nordbank AG, New York Branch. The aircraft are part of ASTAR’s current dedicated fleet assigned to DHL Express under a long-term ACMI agreement expiring in 2019.

“ASTAR made the strategic decision to purchase these airplanes to enhance our position as a provider of airlift services for our primary customer, DHL Express,” said Steven A. Rossum, Executive Vice President and Chief Financial Officer of ASTAR. “Less than a year ago, HSH arranged and provided the financing to enable ASTAR to complete the acquisition of 20 Boeing 727-200A Freighters. This newest acquisition of aircraft is consistent with our business growth strategy to lower our costs and enhance our competitiveness”.

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Sri Lanka Postal Department loses heavily, says the Post Master General

Posted by | Aug 1, 2007 | |

Sri Lanka Postmaster General Shervin Senadheera said that the income of the Postal Department in 2006 was Rs. 2.9 billion (USD 0.025 billion) while the expenses were Rs. 5.6 billion (USD 0.05 billion). Therefore the department always depends on the grants provided by the Treasury, said the Post Master General.

The Post Master General said that the department authorities are planning the ways to increase the income through new ventures.

The workers of the Postal Department launched a sick note campaign yesterday as a token measure to urge the government to see to the workers’ problems and the malpractices in the department.

A discussion is to be held on Thursday between the trade unions and the Minister of Posts and Telecommunication Rauf Hakeem.

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UPN strengthens the board and announces four new depots

Posted by | Aug 1, 2007 | |

UPN has announced the opening of four new UK depots, together with the appointment of Glenn Boldy as Network Service Director, following increased market demand after the launch of its real-time IT system.

Since UPN was launched six years ago, it has focused hard on delivering quality, confident in the knowledge that this would ensure it could build a quality network and help it to attract the highest quality staff.

Glenn’s role will involve him working closely with all UPN depots in the UK, to ensure that they continually improve service levels and efficiency. He has been working closely with UPN over recent months to help it roll out its new real-time XDA based signature capture system. This allows customers to be able to view an electronic signature on the central UPN website within seconds of delivery, wherever the pallet is being sent in the UK.

The solution was developed in-house by UPN, working with development tools from Microsoft, utilizing the latest .NET framework and standard XDAs.

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Palletways: Capital Growth

Posted by | Aug 1, 2007 | |

Palletways London, which was created by the Palletways Group two years ago to provide a hub facility for depots in the capital and the South East, is expanding its operations on the back of significant growth in the business.

Palletways London, which is based at a 40,000 sq ft hub facility in Greenford, has appointed Martyn Young as its new general manager. Previously with TNT, he will be responsible for the expansion program, which will see the Palletways London hub operation extend to the South West and comprise some 30 depots. Originally the hub serviced 16 depots in the South East, from Colchester to Southampton.

Young’s appointment comes as Palletways London is experiencing significant growth – in the last three months alone the number of pallets of goods handled by the hub each day has more than doubled.

Palletways London is investing in its IT systems to enhance the service to customers and the 30 Palletways depots across the south of the country that now take their customer collections to the hub for onward delivery across the region.

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