DHL Italy predicts USD 1.5 billion turnover for 2005
The Italian unit of DHL Worldwide Express, forecasts a 1.3 billion euro (USD 1.5 bln) turnover for 2005, up 25 pct compared to expected 2004 turnover.
Read MoreMonth: June 2003
DHL begins Aus Dollar 47M update of Sydney hub to regional operation
DHL Worldwide Express, Asia-Pacific’s No1 overnight delivery company, yesterday began a multi-million-dollar revamp of facilities at Sydney airport to bring its Oceania hub up to the standards it has set for its five other regional gateways.
Read MoreFedEx Corp. Reports Record Revenue and Earnings; Fourth Quarter Net Income Increases 19 Percent
FedEx Corporation today reported earnings of USD 0.92 per diluted share for the quarter ended May 31, compared to USD 0.78 per diluted share reported last year.
FedEx Corp. reported the following consolidated results for the fourth quarter: revenue of USD5.83 billion, up 8% from USD5.42 billion the previous year, operating income of USD492 million, up 18% from USD416 million a year ago, net income of USD280 million, up 19% from last year’s USD236 million. Total average daily package volume at FedEx Express and FedEx Ground grew a combined 5% year over year for the quarter, due to continued strong growth at Ground and in international express shipments.
UPS Service Guarantee Fact Sheet
UPS’s service guarantee underscores the trust and reliability UPS has built among businesses around the globe for more than 95 years. And today, thanks to advancements in integrated technology into UPS’s operations and customer-facing applications, UPS’s reliability is at its highest ever. This is particularly noteworthy considering UPS delivers more than 13.3 million packages each day.
Read MoreChina Post's IPO not ready
China Post, or the National Postal Bureau (NPB), has submitted to the State Council, China’s cabinet, its proposal to list its branches in six most profitable regions overseas. Analysts suggest the listing could raise USD500 million. The firm would use the huge pool of funds to prop up its business and compete with the increasing number of privately run rivals in the booming market.
Read MoreUK Royal Mail to cut lorry journeys
The Royal Mail said its lorry journeys will be cut from 8,500 a day to 2,500 under its plans for a more efficient distribution network, reducing its carbon dioxide emissions by 30%.
There would be no job cuts at the main rail/road sites at Willesden in north London, Wishaw near Glasgow and Warrington, Cheshire, and there would be no new job losses anywhere in the Royal Mail.
Read MoreTeliasonera and IBM to provide communications for Sweden Post
TeliaSonera and IBM sign agreement to provide communications solution for Swedish Post Office
TeliaSonera has signed an agreement with IBM to upgrade the Swedish Post Office’s (Posten) existing systems for telephony and data communications. The agreement is for a six-year period and is valued is calculated at approximately SEK 1.2 billion.
Read MoreUnions urge rethink on plan to scrap UK mail by rail
Union leaders today urged the Government to halt a controversial move to stop transporting mail by rail, warning of a “disaster” for jobs and the environment.
Communication and rail unions joined forces with Labour MPs to launch a campaign to save mail trains, which the Post Office plans to phase out in a bid to save GBP90 million a year.
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