Year: 2005

UPS marks anniversary of Philippine hub by announcing significant expansion

Posted by | Apr 4, 2005 | |

UPS Philippines today celebrated the third anniversary of its intra-Asia air hub by announcing expansion plans in a ceremony attended by President Gloria Macapagal-Arroyo. Since its establishment in 2002, UPS’s intra-Asia hub has grown into the company’s largest air hub in the Asia Pacific region. The hub is now home to 90 flights per week, a 50 percent increase since its opening. To meet growing demand, UPS announced plans to triple the hub’s sorting capacity from 2,500 packages to 7,500 packages per hour.

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Germany has no plans now to hand Telekom, Deutsche Post shares to KfW

Posted by | Apr 4, 2005 | |

The German government currently has no plans to transfer further shares in Deutsche Telekom AG and Deutsche Post World Net AG to KfW Bankengruppe, sources said. However, if required, the government may sell some shares later on this year, sources told dpa-AFX news agency. The last such transaction was in January, when KfW bought a 12.7 pct stake in Deutsche Post World Net AG from the government for 1.7 bln eur, raising its total stake to 48.8 pct.

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Japanese Government to sell stake in privatised postal savings and insurance

Posted by | Apr 4, 2005 | |

The government has decided to sell its entire stake in postal savings and insurance units by the 2017 end of a controversial proposal to privatise Japan’s postal system over a 10-year period, government sources said Monday.

The decision is part of an outline of legislations to privatise Japan Post in the face of strong reservation within the ruling Liberal Democratic Party.

The outline is expected to be announced later in the day after Prime Minister Junichiro Koizumi conveys it to ministers at a morning meeting.

The government has also decided to set up a 1 trillion yen fund to make up for possible losses from providing the postal savings and insurance services in thinly populated communities as a result of maintaining uniform nationwide operations at the two privatised entities, the sources said.

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Australia Post introduces Express Courier International

Posted by | Apr 4, 2005 | |

Australia Post have began a new international express courier service, Express Courier International, aimed at servicing the unique needs of Australian Small to Medium Enterprises (SMEs).

According to research undertaken by Australia Post, the cost of doing business overseas is a significant issue for SMEs, with more than 75 per cent currently using international courier services citing cost as a key concern.

Until now there have been few options available to SMEs.

Present courier offerings target corporate customers that benefit from high-volume discounts while SMEs tend to pay full price for an overnight service they rarely require, Australia Post says.

The Australia Post survey found two out of every five SMEs using international courier services never require overnight delivery.

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IMIN presentation

Posted by | Apr 1, 2005 | |

Summary of how the system works. IMIN is a software system that manages customer communication using mobile and internet technologies designed for the home shopping market.
P:LibraryB2CIMIN software presentation Mch05.ppt

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DOT makes final the award of new China flights to UPS

Posted by | Apr 1, 2005 | |

The US Department of Transportation today granted final authorization for UPS to expand its air operations to and from China. The DOT issued a Final Order granting UPS three additional frequencies per week to serve China, starting in 2006. The additional flights will allow UPS to continue growing its business throughout the region, providing services ranging from express delivery to general freight. UPS currently flies from the United States to China 12 times per week and will expand that number to 18 this year. Today’s decision grants UPS two additional frequencies to Shanghai and one new frequency to Guangzhou, effective next year.

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French Xaap Finance to buy 70 percent in TAT Express

Posted by | Apr 1, 2005 | |

French holding company Xaap Finance, controlled by the Papot family, will acquire a 70 pct stake in the capital of local TAT Express, the express freight transport subsidiary of French national post office La Poste, it was reported on March 31, 2005.

Xaap Finance holding will be headed by Philippe Papot, who is also president of the supervising board of French Groupe Multipap, specialised in desktop and computer-aided publishing.

TAT Express has 1,500 employees and is a subsidiary of GeoPost, the holding which regroups the main French and European parcels trademarks of La Poste group. TAT Express was founded in 1976 and since 1994 has been part of La Poste group. TAT Express has an annual turnover of 175 mln euro (USD226.7 mln) but registered a net loss for 2003, accounting for 8.84 pct of its annual turnover.

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