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2007 The first Euromed Postal Convention

Posted by | Jun 19, 2007 | |

Euromed Postal will gather postal-sector players from countries across the European Union and around the southern and eastern Mediterranean rim.Its top priorities will include:

• improving postal-service operation and efficiency to support development and promote economic integration across the Euro-Med area,

• promoting the key role that postal services as a whole play in their countries,

• encouraging cooperation.

Euromed Postal will mark the launching of a platform for exchanging points of views in order to build a network of efficient operators.

The convention will be held on 9-10 July 2007 in Marseilles

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Postal Professionals Gather for Forum in St. Petersburg

Posted by | Jun 19, 2007 | |

The growing competition that traditional postal services face against new information technologies, the liberalization of the industry and its survival in the internet era are all topics set to be discussed in St. Petersburg starting Tuesday, when postal industry professionals from around the world gather at the Pochtovaya Troika event.

The postal industry forum, which ends Thursday, is held every two years and this year, organizers say, the event will be particularly significant for the industry as it is held between two important international events — the Strategic Conference in Dubai of the year 2006 and the Nairobi Congress — scheduled for 2008.

The forum’s program is planned in such a way as to become a logical follow-up to discussions and debates that are expected to start during the Strategic Conference in Dubai; in addition, it is a part of the communication plan of the Strategic Planning Group of the UPU, chaired by the Russian Federation, the website continues.

For the first time, this year the forum will become “strategic,” which will be reflected in the event’s agenda, Russian Minister for Information Technologies and Communications Leonid Reiman — due to take part in the forum’s opening ceremony — said in a welcome note to guests and participants of Pochtovaya Troika.

With the development of new information technologies including the internet, communication through the means of the simple letter has increasingly become a thing of the past. But contrary to the popular belief that the post service will be obsolete in the foreseeable future, industry experts are positive and say postal services will always find a market.

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Slovenia: Postal Company Posts Best Results Ever

Posted by | Jun 19, 2007 | |

The boss of Posta Slovenije told the press on Friday the national postal company generated EUR 20.88 million in net profit in 2006, or some EUR 5.8 million more than a year before. Operating revenues increased nearly 10 per cent to EUR 229.78 million.

The results have never been better, Ales Hauc told the press in Ljubljana, upbeat about the future of the company that employed 6,723 people at the end of 2006.

The general manager said the figures were particularly good considering that 75 per cent of revenues were generated in sectors that were not under state control. According to him, Posta Slovenije has long ceased to be a monopoly.

Good operating results are attributable to 12-per-cent growth in services, productivity, efficient cost management and streamlined operations. The bulk of revenues was made in standard mail services (42 per cent), direct mail delivery (16 per cent) and cash transactions (23 per cent), followed by retail (6 per cent) and parcel delivery (8 per cent).

The projection for this year is an 8-per-cent increase in revenues and 5-per-cent growth in expenditures and a drop in profit as growth is expected to slow down compared to trends over the past few years.

According to Hauc, the postal company has always been conservative in its operating plans. Investment totalled EUR 12.8 million last year, and was spent mainly on new buildings and furnishings, means of transport, capital investments and IT. This year the company is to invest a total of EUR 37.69 million.

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DHL and Indian Blue Dart Express in the final step of delisting process

Posted by | Jun 19, 2007 | |

Shares of Blue Dart Express surged by nearly 10% on Monday on the BSE on talk that DHL has agreed to an offer price of Rs 950 per share to acquire the remaining stake in the company. The freight and logistics major had acquired a majority stake in Blue Dart in 2004 and has since then been trying hard to acquire the residual stake and delist the company. DHL currently holds a little over 81% in Blue Dart through DHL Express Singapore, while institutional investors collectively hold 10.34%. Individual investors have a stake of less than 5%. The institutional investors include fund houses like SBI Mutual Fund and UTI Mutual Fund.

According to sources, talks had initially fallen through in November last year due to differences over the buyback price. DHL finally gave the go-ahead to a price arrived at by the reverse book building process in November last year. Interestingly, DHL had earlier refused to accept this price of Rs 950 per share. The price is at a premium of nearly 44% over Monday’s closing price of Rs 649 on BSE. In the past one month, the stock has gained nearly 45% or Rs 196.30.

Earlier, DHL was insisting on a price of less than Rs 700 per share that was unacceptable to the shareholders. After many deliberations, the promoters decided to accept the discovered price of Rs 950.

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Postal firm DX confident that doubling its size is in the bag

Posted by | Jun 19, 2007 | |

DX, the postal business bought last year by private equity firm Candover Partners, is confident it can double in size over the next few years as deregulation of the postal industry gathers pace.

Speaking on a visit to Edinburgh to open the firm’s newly refurbished postal facility in Rutland Square, chief executive James Greenbury admitted that DX was “still relatively small” compared to Royal Mail.

DX, which has more than 27,000 private and public sector customers, stands to benefit if Royal Mail staff press ahead with the first national postal strike for 11 years.

Earlier this month, some 69,000 members of the Communication Workers Union – 77 per cent of those voting – backed a strike over pay and cost efficiency plans.

As well as legal practices, DX services surveyors, accountants, estate agents and other professional services firms. Its new Rutland Square facility can count all of the major Scottish law firms among its users.

Although DX is focused primarily on next-day business mail services, its clients have access to a special delivery product that covers both business and residential addresses.

Candover paid almost GBP 350m last July to secure DX. The venture capital heavyweight also bought Secure Mail Services, which delivers cheque books and credit cards to consumers, for an undisclosed sum.

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TNT Post wins two year contract with Intergamma

Posted by | Jun 19, 2007 | |

TNT NV’s TNT Post has won a two year contract from Intergamma BV to distribute flyers for Intergamma’s home improvement chains the company said.

Financial details were not disclosed.

TNT said the contract was an extension of past agreements and involves the regular distribution of door-to-door flyers from the Gamma and Karwei store chains with a combined circulation of 10.3 mln copies.

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Royal Mail loses contract with Amazon

Posted by | Jun 19, 2007 | |

Royal Mail today confirmed that online retailer Amazon has decided it will move its Second Class mailings, worth £8m, from Royal Mail.

Royal Mail said, “We’re very proud to work with Amazon and the loss of such a significant piece of their business demonstrates very clearly that Royal Mail’s higher costs, directly caused by our failure to fully modernise our operations, are costing us business. It’s vital that we urgently change and modernise if we are to be able to compete against more efficient rivals who have already done so.

“At the same time our customers are being threatened with disruption because of strikes – strikes which are aimed at preventing exactly the modernisation that could keep our big customers on board.

“Customers like Amazon are critical to us, and to our competitors. They represent an important area of growth in a market which is otherwise declining as fewer items of mail are sent.”

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UAE FedEx customers vote for ‘Courier Of The Year’

Posted by | Jun 19, 2007 | |

FedEx Express, the world’s largest express transportation company, has announced the winners of the Second Annual Courier of the Year Competition for Dubai and Abu Dhabi.

The FedEx Courier of the Year Award is a unique recognition program that enables those in the best position to evaluate customer service and to select the winner. Customers voted online for their respective FedEx courier, based on their politeness, presentation and helpfulness.

For Abu Dhabi, the Courier of the Year is Thomas Leo and for Dubai, Eloi Oandasan.

In addition to the prestige of winning the Courier of the Year Award, both couriers received a cash prize and an additional week’s holiday.

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