Author: Archive

Post offices plan to provide loans

Posted by | Mar 5, 2007 | |

The self-help groups-Post Office Linkage pilot project will be implemented in five blocks of Tiruvarur district, viz. Muthupettai, Koradachery, Thiruthuraipoondi, Tiruvarur and Valangaiman, said Shambu Kallolikar, Tiruvarur Collector, on Saturday.

Inaugurating a two-day training programme on the implementation of the scheme for the staff of post offices in the five blocks, Kallolikar said the scheme was aimed at covering self-help groups in rural areas, which were not covered by banks to get loans.

Under the scheme, the post offices would act as banks and provide loans to SHGs under the pilot project implemented jointly by the National Bank for Agriculture and Rural Development and the Postal Department.

The Collector said that under the programme, the point of service would be the village and the SHG members would be able to recieve the service without hassle or cost.

The success of the programme will depend upon the efforts of the lower level staff in the Postal Department, who have direct contact with the rural people.

Read More

Japanese Government approves Japan Post's plan to book loss

Posted by | Mar 5, 2007 | |

The Internal Affairs and Communications Ministry on Monday endorsed an April-September business plan by Japan Post anticipating a net loss of 852.7 billion yen for one-time charges to cover future mutual pension payments worth 1.3 trillion yen.

Japan Post mapped out the six-month business plan as its 10-year privatization process is due to begin in October.

The ministry approved Japan Post’s plan to fall into the red for the first time based on a recommendation by an advisory panel to the communications minister.

Read More

Nearly all post on time

Posted by | Mar 5, 2007 | |

Nearly 95% of first class mail posted in Notts reaches its UK destination the next working day, according to new figures.

The Royal Mail figures put performance in the NG postcode area second only to Derby in the Midlands.

Postwatch, the watchdog for postal services, welcomed Royal Mail’s latest quality of service results.

Across the Midlands in the first nine months of this financial year, Royal Mail achieved the minimum target of delivering 91.5% of first class post the next working day in all of the region’s 16 postcode areas.

Read More

Royal Mail chooses DQM to manage Home Movers mailing service

Posted by | Mar 5, 2007 | |

Royal Mail has chosen DQM Group to manage and deliver its Home Movers mailing service.

The service allows brands to send promotions within a Royal Mail branded re-direction envelope to people who tell Royal Mail they are moving home. According to Royal Mail around 100,000 people move home each month.

Read More

India primed for 3PL boom

Posted by | Mar 5, 2007 | |

India’s economy is growing, and the logistics industry is growing along with it. A new study predicts that the nation’s logistics market is expanding at a double-digit rate and will total USD125 billion by 2010.

The report by a London market analysis firm said the growth would be driven by India’s economic strength and efforts to improve its transportation and port infrastructure. The country’s gross domestic product is growing at more than 9 percent a year, and its manufacturing industries are growing at double-digit rates, the report said.

India’s logistics market currently generates an estimated USD50 billion to USD90 billion in annual revenue, but third-party logistics providers have only a small share of that market. Craig Grossgart, India manager for DHL Express, said the 3PL market in India is only about USD500 million annually. In comparison, the total 3PL market in the U.S. is about USD104 billion, according to Armstrong & Associates. A&A also puts 3PL business from global Fortune 500 companies at USD158.1 billion for 2005.

India’s 3PL market is expected to grow rapidly during the next several years. Besides economic expansion and infrastructure development, reasons include the recent repeal of the sales tax system and the increasing sophistication and reliability of logistics and e-commerce software.

India’s underdeveloped and fragmented trade and transportation infrastructure inflates the nation’s logistics costs, which are more than 13 percent of GDP, compared with less than 10 percent in nearly all of western Europe and North America.

India’s 3PL market “is still at a nascent stage” but is growing by 18 percent a year, Grossgart said. “Clearly, the Indian industry has realized the need for the services of third-party logistics, and efforts are being made in that direction.”

Read More

DPD Masterlink investment plans for 2007

Posted by | Mar 5, 2007 | |

DPD Masterlink investment plans for 2007 are expected to total 6 million euro. At the beginning of spring the company plans to set up a new, 5,000 square metre depot in Gdansk. This investment will cost approximately 2.5 million euro. The new depot will be built in compliance with the company’s strategy of seeking to purchase properties when establishing new branches, instead of renting the existing infrastructure. The costs of the investments planned for 2007 will be covered partially from the company’s own capital and through leasing agreements.

Employee numbers are also expected to continue to grow. At the end of 2006 DPD Masterlink employed 3,600 people. By the end of 2007 total employee numbers are expected to rise to around 5,000.

Read More

Hermes plans B2C service in Austria

Posted by | Mar 5, 2007 | |

Hermes Logistik, the German B2C parcel delivery subsidiary of German retailer Otto Group, is reportedly planning to set up its own service in Austria in competition to Austrian Post.

The Otto Group has cancelled its contract with Austrian Post for domestic delivery of parcels from its subsidiaries Otto Austria and Universal, German newspaper Die Welt reported, citing Austrian Post sources. These two companies alone could account for 10 million parcels a year, or about 25% of the country’s total B2C parcel market, it wrote.

Instead, Hermes Logistik would set up its own network to distribute parcels of the Otto Group companies, which focus on fashion and electronic, from this spring, Die Welt reported. Hermes could set up a network of ParcelShops like in Germany as alternative drop-off and collection points. The company was also in talks to take over parcel delivery for mail-order group Quelle in Austria, it added.

Hermes declined to comment on its plans for Austria, Die Welt said. However, the company already said last year that it aims to create a European B2C distribution business, and was considering entering markets such as Italy, Spain or Austria.

In Germany, Hermes Logistik has grown rapidly in recent years and now has a share of about 24% of the B2C/C2C market, according to CEP-Research information. It expanded beyond domestic distribution last autumn with the launch of deliveries to European destinations through a partner network.

Read More

Chase Drops, Still Tops Direct Mail Volume List

Posted by | Mar 5, 2007 | |

Billions of pieces of mail inundating our mailboxes. Response rates of less than 1%. And yet credit card companies continue to be the single largest industry soliciting new customers through the mail.

In 2006, the average American household received 80 credit card solicitations, according to year-to-year results compiled by Mintel Comperemedia of Chicago.

Offers of rewards, points and cash back helped fuel an increase of 6% in mailed customer acquisition pieces by the more than 150 credit card companies whose direct marketing activity is tracked by Mintel.

From credit card companies alone, American households and businesses received 9.2 billion pieces of mail. Although year to year, Chase showed a decline of 4% in its direct marketing initiatives last year compared to 2005, it still topped the list with 1.7 billion customer acquisition solicitations.

The unit of JP Morgan was followed in descending order by Capital One Bank (1.2 billion), American Express (1 billion), Citibank (98 million) and Bank of America (92 million). Capital One posted a 13% gain over 2005 in its direct-mail volume, representing the largest increase of the top five mailers.

Both Citibank and Bank of America decreased their volume by 2% and 17%, while HSBC and Discover increased their acquisition activity year to year by 25% and 29%, respectively, according to Mintel’s research.

Barclays Bank ranked among the top 10 in mail volume, registering an increase of more than 70% as it stuffed 193 million pieces into American mailboxes.

The volume of posted mail is expected to decrease markedly in the aftermath of an anticipated postal rate increase and the emergence of more e-mail-based marketing initiatives, Roock says.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest