Year: 2003

HSN, UPS team up in time for holidays

HSN has engaged UPS in a multi-year agreement to streamline and re-engineer its entire fulfillment and supply chain operations.

“HSN is committed to providing our customers an exceptional shopping experience from start to finish, and UPS is helping us reach new standards of excellence through its broad capabilities,” said Mark Ethier, HSN executive vice president of operations. “At no incremental cost to our customers, we will significantly improve our level of service through faster, more reliable delivery.”

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TNT to establish depot at Seoul's Incheon Int Airport

Multinational logistics firm TNT is planning to use Incheon International Airport as the base for its operations in northern Asia, South Korea’s Civil Aviation Safety Authority said.

The provider of express delivery services and logistics supply chain solutions has revealed its intention to invest €7 million (US$8.4 million) in building a base depot on 6,930 square meters of land near the airport by the latter half of 2005, the government agency said.

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London's courier companies trial QuikTrak Networks technology

QuikTrak Networks plc, the secure tracking and data messaging network operator, has announced that four further leading London courier companies have started to trial the QuikTrak technology. This follows some highly successful trials by Addison Lee, one of London’s largest taxi and courier companies.

Pegasus Couriers, Anderson Young Couriers, Urgent Couriers and Greyhound Couriers have all started to pilot QuikTrak’s unique real-time tracking technology for use in fleet management applications.

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FedEx to expand Thailand van fleet

Federal Express Corp plans to expand its Thai van fleet next year to cope with growing demand. The expansion will be supported by the export sector, which has sizeable potential for growth, said Clifton Chua, the global courier’s managing director for Thailand, Indochina and the Philippines. FedEx currently operates 41 vans and 44 motorcycles in Thailand, as well as 12 flights per day out of Bangkok International Airport.

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Argentina rescinds postal privatisation

After a long dispute, President Nestor Kirchner’s government canceled its contract with the company that acquired the nation’s postal service in one of the most controversial privatizations of the laissez-faire 1990s.

The firm that saw its franchise rescinded is part of SOCMA, the conglomerate controlled by Italian-born industrialist Franco Macri, one of Argentina’s richest men.

It’s the company’s “fault” that the 1997 privatization of the postal service, known as Correo Argentino, was rescinded, Cabinet chief Alberto Fernandez said.

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Posten not out of the woods

A boost in operating earnings has not allayed fears over a ‘major negative cashflow situation’ the head of the Swedish postal company has warned.

Eric Olssen, CEO of Posten, said the post would forge ahead with its restructuring, encouraged by the adjusted operating earnings for the first three quarters of 2003 of SKr-147 million, a SKr278 million increase compared to last year. The company said the improvement was primarily attributable to rate adjustments made at year-end 2002.

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La Poste Belgium to ensure the future of subsidiary Vicindo

The board of directors of La Poste Belgium, after examining the situation of Vicindo, has ordered the realization of a new restructuring plan. The goals of this project aim to clarify and strengthen the position of Vicindo within its market in order to ameliorate its financial situation. At the moment, the company faces a difficult situation as its sector is currently suffering from the effects of general economic climate.

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Hungary to liberalise postal services

Parliament has passed a law on postal services. One of the most important elements of the new law, which will come into force in January, is liberalization, which will be a gradual process. The full opening of the postal services’ market will take place on 1 January 2009. By passing the new law, Hungary has also fulfilled its obligation of legal harmonization with the EU.

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