Post Office eyeing more alliances
Post Office eyeing more alliances
Read MoreYear: 2001
A Roiling Battle in China Over Express Mail Service
China: State Postal Bureau claims that foreign freight forwarders are
violating law that gives its Express Mail Service exclusive right to deliver
international express mail
FedEx: More alliances, less spending
Government reports that the U.S. economy grew by 2% in the first quarter of this year are misleading because 1.75% of that growth came from lower imports, according to Frederick Smith, chairman and chief executive of Federal Express Corp. Speaking at the Global Transport and Logistics Conference sponsored by Bear Stearns, Smith predicted that the gross domestic product figure would be revised downward. Smith attributed the downturn in FedEx volumes thus far to a slowdown in high tech, which accounts for a major share of FedEx’s business.
Read MorePrivate delivery of inbound international mail in China
A bitter feud between freight forwarders and China’s official postal sector appears unavoidable with each side unable to agree on whether exclusive rights exist over the delivery of international mail.
Read MoreRebirth of PC Postage in Germany
While PC Postage companies in the USA have either collapsed or struggle for business, Deutsche Post World Net launched the pilot programme for its PC Postage system on 25 April 2001.
Deutsche Post World Net has begun its practice test for Internet stamps with 48 pilot customers in Bonn and Offenbach. With ‘STAMPIT’ software, letters can be stamped with the help of a normal PC, special hardware is not necessary. STAMPIT is expected to be available for all customers of Deutsche Post World Net across Germany by August 2001.
BPCS takeover bid by Transend
Sources close to Post Express have reported that an imminent takeover bid of the British Postal Consultancy Service (BPCS) by Transend, the international consultancy are of New Zealand Posts, is in the pipeline. BPCS said th ey were not in a position to confirm or deny the reports at the time Post Express went to press (May 01)
Read MoreUPS IT transformation
UPS have spent more than $11 billion renovating its business to operate in the innovative economy. That investment is focused on IT technologies and is apparently almost twice as much as the shipping giant spends on its trucks.
Read MoreDanzas acquires Colombian logistics firm
Danzas Group, continuing its string of deals with former Air Express International agents, has acquired Florcarga SA, one of Colombia’s top logistics providers.
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