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Polish direct mail operator Integer.pl sees PLN 20-25 mln IPO in Q2

Posted by | Apr 16, 2007 | |

Polish direct mail operator Integer.pl, which holds Poland’s largest alternative postal service InPost, plans an initial public offering (IPO) by the end of the second quarter of this year, hoping to raise PLN 20-25 mln, Krzysztof Kolpa, executive board member of InPost and Integer.pl, told Interfax Central Europe Wednesday.

“We are finishing the preparation of the IPO prospectus,” Kolpa said. “We expect the debut by the end of the second quarter and hope to raise PLN 20-25 mln, with 80-90% to fuel the growth of InPost.”

InPost is Poland’s first nationwide postal service alternative to the country’s postal administration Poczta Polska. The company currently handles parcels weighing more than 50 grams, with Poczta Polska enjoying the monopoly for letters under 50 grams until 2009.

InPost currently has 800 customer service points in 87 cities and plans to expand to a total of 1,000 outlets in 110 cities by the end of this year.

The company expects have 15 postal products, as well as sell financial and insurance products starting next year. InPost ias aims for 10% of the postal market within three years.

There are 154 alternative postal operators registered with the Electronic Communication Office (UKE), but the geographical coverage of most of them is limited to single townships or regions. InPost’s chief executive Rafal Brzoska told a press conference Wednesday the company believed the Polish market offers room for three-four large nationwide postal operators after the liberalization planned for 2009.

“Foreign companies are seriously considering entering the Polish market in 2009,” Brzoska said. “Those companies include [Germany’s] Deutsche Post, [France’s] La Poste, and the Austrian postal administration.”

Brzoska said that despite denials voiced by the executives of Europe’s largest postal operators, they were conducting marketing and feasibility studies of the Polish market ahead of the launch in 2009.

“Those companies will be building their networks from scratch rather than taking over local businesses,” Brzoska said, adding InPost also focused on organic growth and was not planning any acquisitions in the near future.

InPost’s owner Integer.pl is a distributor of direct mail with 75 regional officers, operating in more than 500 cities and towns in Poland. The company distributes 50-70 mln pieces of direct mail a month.

InPost’s Brzoska, who is also one of the main shareholders of Integer.pl, said the company would not be sold to a foreign investor within the next few years.

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La Poste beats financial targets

Posted by | Apr 16, 2007 | |

La Poste has posted net profit of 789m euros for 2006, up 42 per cent year-on-year, which was well beyond its target.

Operating profit for the same period came in at 949m euros, up 22 per cent, on turnover of 20.1bn, up 4.3 per cent. Jean-Paul Bailly, the group’s CEO, said that the results were better than expected overall and that an improvement had been seen across all sectors of activity. He also pointed out that the group had registered consistent growth since 2002.

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Parceline introduces SMS messaging system for deliveries

Posted by | Apr 16, 2007 | |

A new solution has been introduced by Parceline, a UK parcels carrier, to help reduce problems with home deliveries.

Parceline said the interactive SMS messaging system is used to arrange delivery directly with the receiver of the parcel.

Parceline uses the solution to send a text to the receiver, advising them of the delivery date of the parcel, with the receiver able to select a more convenient date from three alternative dates.

Parceline, which is reportedly the only carrier to currently provide this interactive service, claimed the service provides an improved experience for the end recipient while offering a value added service for mobile phone operators.

A survey carried out by the IMRG, an industry body for global e-retailing, found that 12% of home deliveries fail at the first attempt, according to Cellular News.

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DHL goes green with fashion deliveries

Posted by | Apr 16, 2007 | |

Logistics provider DHL has commissioned the world’s largest high performance electric vehicle to handle deliveries to fashion retailers in the UK.

The first zero carbon emission truck to be used by the express distribution giant, and built almost entirely of recyclable materials, it will be used by DHL UK’s Department Stores and Fashion division.

The truck, which will be officially unveiled this month, has a gross vehicle weight (GVW) of 9 tonnes.

With fast acceleration, a top speed of 50mph and the ability to cover over 100 miles on a single battery charge, it is said to be ideally suited to operating the short-distance routes between DHL’s consolidation centre operations and retail outlets.

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Connxion wins DHL electronic contract in Australia

Posted by | Apr 16, 2007 | |

Outsourced document delivery specialist ConnXion Ltd will migrate DHL Exel Supply Chain’s entire customer base to electronic delivery.

Under the contract, air and ocean freight and contract logistics provider DHL will deploy ConnXion’s technology to give its customers the option to seamlessly migrate from paper to digital delivery of documents including statements and invoices, resulting in faster and easier processing for customers.

ConnXion CEO David Colvin said the deal demonstrated the trend emerging around automating supply chain management via electronic document delivery.

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Shea to Lead Washington Office for Pitney Bowes

Posted by | Apr 16, 2007 | |

Pitney Bowes Inc. has appointed Dennis Shea to lead the company’s lobbying efforts in Washington. Shea succeeds David Nassef, who is returning to Connecticut after ten years in Washington to support Chairman and CEO Michael Critelli in a wide range of assignments.

In addition to leading the company’s efforts at the federal level, Shea also will be responsible for Pitney Bowes’ government relations activities in Canada and Latin America. Shea’s role complements the work of the Pitney Bowes postal relations team, which is also based in Washington.

Shea’s appointment comes just four months after President Bush signed a comprehensive postal reform bill into law, the culmination of a legislative effort in which Pitney Bowes had been involved for many years. Shea is already well versed in the mailing industry, having served in 2003 as executive director of the bipartisan President’s Commission on the U.S. Postal Service, co-chaired by James A. Johnson and Harry Pearce. The commission played a pivotal role in accelerating momentum toward enactment of postal reform.

As executive director of the President’s Commission on the U.S. Postal Service, Shea oversaw the creation of “Embracing the Future,” the commission’s comprehensive report outlining more than thirty specific recommendations to ensure the long-term survival of the Postal Service. Many of these recommendations found their way into the subsequent debate over postal reform, which culminated in legislation that passed both houses of Congress by overwhelming bipartisan majorities.

Shea came to Washington DC upon graduation from Harvard Law School in 1986 and has served in a number of policy, political and lobbying roles since then.

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Arab Permanent Postal Council calls for stronger Arab role in global postal strategies

Posted by | Apr 16, 2007 | |

Officials of postal administrations from Arab countries called for a greater role in the global postal strategies and appointed a task force to develop a postal strategy for Arab countries, at the 14th meeting of the Arab Permanent Postal Council held in Amman, Jordan.

A high-level delegation from Emirates Post, comprising Mr. Salem Al Shaya, Assistant Director General, Operations, Abdullah Al Zaabi, Director of Research and Development and Nasser Qadoumi, Acting Manager of Postal Operations, took part in the deliberations. The delegation made a special presentation on the speed post service that will ensure mail delivery within two days across the Middle East.

The meeting was presided over by Mr. Edouard Dayan, Director General, Universal Postal Union, and attended by Mr. Mansour Malhas, Director General of Jordan Post and Mr. Najeeb Abu Laras, UPU Consultant for Arab Region.

The participants reviewed the implementation of the Bucharest 2004 postal strategy in the Arab world and identified issues to be raised at the next UPU Congress to be held in Nairobi in 2008.

The meeting discussed the importance of Arab postal corporations creating postal projects under UPU funding, and submitting them before August 1, 2007. They also resolved to help Palestine Post to strengthen its postal network. It also agreed to update the database of all participating postal corporations and appointed officials in each country to forward the information to the Secretariat and Jordan Post within stipulated timeframe.

The participants urged all postal corporations to take part in the stamp exhibition taking place in Doha in September and called for greater participation in other exhibitions in the region.

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First American launches ParcelPoint to increase accuracy of addresses for geo-applications

Posted by | Apr 16, 2007 | |

The First American Corporation announced the release of ParcelPoint™. This database offers a new level of accuracy in matching addresses with their exact geographical position on the map. ParcelPoint technology, which relies on real property latitude and longitude coordinates, combines the company’s extensive parcel and address information database with its proprietary analytical models to render accurate location identification.

Today’s navigation and location solutions typically use address ranges rather than specific property data to identify properties. These solutions develop an “intelligent guess” about where a street address may be, based on the assumption that properties are evenly spaced and use conventional numbering systems. However, when streets use unconventional numbering, aren’t evenly spaced, or contain empty lots, current geographic location systems may yield inaccurate results. This is for example the case at our office. The location displayed on the map, on Google Maps or Mapquest (both powered by Navteq) is about 4 houses away from where we really are… and it is exactly the same with a GPS navigation system powered by TeleAtlas.

First American is ready to provide partners access to its current data set which will achieve coverage for the majority of the United States population by the end of 2007, with a goal of having 80 percent of the nation’s parcels mapped by the end of 2008.

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