Airborne Inc has said that shareholders at its annual meeting voted to approve its USD1.05 billion takeover by DHL. Airborne said that at least 30.9 million, or 88.4%, of the votes were cast in favor of the transaction. Germany’s Deutsche Post owns DHL, the world’s biggest overnight shipper, which has agreed to buy Airborne, the nation’s third-largest airfreight shipper.
Read MoreJapan Post plans to begin a 500 yen nationwide delivery service from October for parcels that weigh up to two kilograms, or the equivalent of about 200 sheets of A4 paper.
The new service will be an extension of a trial Japan Post has been conducting in three Tokyo wards and two Osaka wards since April.
Japan Post plans to apply to the Public Management Ministry at the end of September for approval to introduce the new service in mid-October.
Read MoreThe Swedish postal services company Posten Sverige AB said on Wednesday (13 August) that it had signed a partnership agreement with Hongkong Post. The agreement involved the design and printing in Sweden of a joint postage stamp series, Shorebirds and Seabirds, Posten said. The stamps will have different denominations in Sweden and Hong Kong.
Read MoreUnion bosses meet to discuss the way forward after talks aimed at resolving a dispute over postal workers’ pay ended in failure.
Leaders of the Communication Workers Union met Royal Mail managers throughout the day at the conciliation service Acas in a bid to settle the dispute which could lead to the first national strike in seven years.
But the meeting ended without agreement and the union will now press ahead with a ballot of 160,000 postal workers for strikes.
Ballot papers will go out next week and the result will be announced next month.
The union will have to give a week’s notice of any industrial action.
Read MoreMatsushita Electric Industrial Co. said it has created, with United Parcel Service Inc., a distribution system for U.S.-bound electronic components. The new system will enable Matsushita to deliver its parts to its more than 250 U.S. corporate clients within three days after an order is placed, compared with the current five to six days, a Matsushita spokesman said.
Read MoreSpanish express courier MRW, in Catalonia region, northeastern Spain, generated a turnover of 207.2 mln euro ($233.3 mln) for the first half of 2003, an 11.9 pct year-on-year increase, the company said on August 13, 2003.
The company opened 13 new franchises and their total number rose to 676 at the end of June 2003. MRW increased the number of logistics platforms by two newly built reaching a total of 24 at the end of June 2003.
Read MoreDeutsche Post is to raise prices for packages by 8 cents per shipment as it anticipates a European Union decision to charge trucks toll rates. The price hikes come into play as of September on the companys national, international, Europremium, Express Paket, Officepack and Express Brief services.
Read MoreRecently, UPS published its financial report of the second quarter of 2003. The statistics show that the performance of UPS in Chinese market increased by 45% over that in the same period of 2002, exceeding an average growth rate of 15% in whole Asia.
Read More
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.
