Year: 2005

Brazil: TNT enters contract with Samsung

Posted by | Apr 5, 2005 | |

A contract worth R$20mil between TNT Logistics and Samsung SDI Brasil celebrates a five-years strategic partnership. In the first half of 2005, TNT will invest R$2.5mil in Samsung’s project in operations infrastructure and IT. TNT will be responsible for the whole supply chain of Samsung’s plant. The goal of TNT is that the long-term contract reduce logistic costs by 30%. The Brazilian subsidiary registered a net income of R$372mil in 2004 and predicts R$400mil for 2005 – 65% from the automobile sector; 15% from the agricultural area and 20% from industrial activity. The goal to reach R$1bil has been postponed from 2006 to 2008.

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Polish Postal competition: 2009 will see a revolution

Posted by | Apr 5, 2005 | |

In four years, in 2009, the European Unions postal service market will be subject to liberallisation. Does it pose a threat to Polish Post and can it do anything to avoid this – These are only a few of the questions the companies management should find answers to.

Competition in the postal service market is becoming stronger and stronger. The reason behind this is the development of alternative forms of communication, clients’ new needs and the ongoing liberalisation of this sector of services.

After Poland entered the EU, the domestic market is becomung increasingly affected by Union regulations. EU directives are the most important, as they determine a schedule for the liberalisation of this market. They foresee it’s full liberalisation by the year 2009, unless – which can’t be excluded – the European Commission puts forth a new draft.

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Polish Post gets ready for commercialisation

Posted by | Apr 5, 2005 | |

The Poczta Polska state-controlled postal service is entering a period of huge changes. The Post has already applied to the Ministry of Infrastructure for a decision on transforming the enterprise into a commercial company. This, according to Tadeusz Bartkowiak, the Post’s general director, should happen as soon as possible. “The Post should be listed on the bourse no later than a year following commercialisation,” says Bartkowiak.

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Spain – Correos tenders comms contract

Posted by | Apr 5, 2005 | |

Correos, Spain’s postal operator, has tendered a EUR 109.74 million, five-year contract for the operation of its voice and Internet services, reports Cinco Dias. The contract would also include mobile and fixed-line services. Of the contracts value, fixed-line services will account for the most, with EUR 100.3 million.

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EC hints that it can deliver for An Post

Posted by | Apr 5, 2005 | |

The European Commission has given a big hint it would approve any special State aid requested by the Government to support loss-making An Post. The signal from Brussels does not follow any request from the Government, but comes in response to a question from an Opposition MEP. The Commission’s positive reaction will strengthen union demands for greater Government support for the loss-making postal service. Fine Gael’s Gay Mitchell was told by the Competition Commissioner, Neelie Kroes, that she would be sympathetic to any request from Ireland for assistance to help offset the cost of a full national delivery service.

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John Allen – Licking New Zealand Post into shape

Posted by | Apr 5, 2005 | |

New Zealand’s top postman, John Allen, is an enthusiast. A compulsive optimist. Last month he was out there again, all smiles and singing the praises of his “great enterprise” New Zealand Post.

That he was happy was understandable. Despite a continuing drop in his core business of delivering letters, the State Owned Enterprise had delivered yet another increase in net profits, up from NZD21 million in 2001 to NZD36.5 million last year and NZD40.4 million in the first six months of this year.
Allen’s succession to the chief executive’s chair at NZ Post in 2003 may have been ordained, but it wasn’t without incident. Remember Post’s international consultancy Transend and ACT MP Rodney Hide’s hounding from office of board chairman Ross Armstrong for what Hide called perk abuse? Tainted by association, it took the gloss off an otherwise polished performance at the top by Allen’s predecessor Elmar Toime.

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German Deutsche Post plans to triple share issue

Posted by | Apr 5, 2005 | |

Deutsche Post will seek to more than triple the number of new shares it can issue to fund possible acquisitions at Europe’s largest postal group. The German company will ask its annual meeting to approve plans for up to 250m new shares – worth about EUR4.65bn (USD6bn) on current share prices – to be issued over the next five years if needed.

The move has refuelled speculation that it may make a move on Exel, the UK logistics company, but a senior executive at Deutsche Post told the FT last month that it was not interested in such a deal despite its relative weakness in that business area.

Company officials said yesterday that the authorisation from shareholders was being sought as a “precautionary measure”.

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Business Post dives on profits alert

Posted by | Apr 5, 2005 | |

There was a heavy thud in shares of Business Post today after it admitted profits will miss most City analysts’ forecasts.

Shareholders have enjoyed four years of almost unbroken share price rises at the courier group. The stock more than quadrupled on expectations of fat profits from the company entering the postal market and breaking up the Royal Mail monopoly.

But the revelation that group pre-tax profits for the year to 31 March will come in below the GBP21.5m expected extended the stock’s recent fall to 15percent, diving 38p today to 605p.

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