Year: 2005

USPS net income, standard mail volume rise

Posted by | Mar 24, 2005 | |

The US Postal Service generated net income of USD1.8 billion in the Oct. 1-Feb. 28 period, which was USD1.1 million over budget, the agency said yesterday.
Also, revenue totaled USD29.9 billion, which was USD808.5 million better than planned, and was up 1.8 percent from the year-ago period. Expenses of USD28.1 billion were USD252.9 million under plan, but up 3.5 percent from the year-ago period. Total year-to-date mail volume of 90.2 billion pieces increased 3.3 percent from the year-ago period. The most significant volume increase was in Standard Mail, which jumped 6.9 percent. The category with the next-largest increase was Priority Mail, up 2.7 percent.

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Three German publishers to form mail joint venture

Posted by | Mar 24, 2005 | |

DuMont-Schauberg, Rheinisch-Bergische Druckerei- und Verlagsgesellschaft and W. Girardet, three German local newspaper publishers based in the west of the country, are to form a mail delivery joint venture, which will be named West Mail. Business customers with large volumes of mail will constitute the main target market for the new company, which is to be launched in the coming month.

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Postal cooperation between DHL and Yamato going well

Posted by | Mar 24, 2005 | |

Cooperation between Japan’s Yamato Transport and Deutsche Post’s DHL Global Mail is off to a good start, Deutsche Post said in Bonn Thursday, some five months after the two companies began working together.

“We are extremely satisfied with the service and with the superb quality provided by Yamato,” a spokesman for Deutsche Post World Net said.

Deutsche Post said the volume of mail to Japan had increased but did not provide any figures.

At the beginning of November last year, Yamato, one of the leading private providers of mail services in Japan, entered into a cooperation agreement with DHL Global Mail, a global leader in mail services.

The agreement allows the two companies to offer clients joint international mail services in the Japanese market.

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Geodis opens up European front

Posted by | Mar 24, 2005 | |

Geodis is to launch a new European groupage servicecalled Eurofirst next month, providing customers with online tracking, PoDs and quality reports. The service will initially cover ten countries, including the UK, France, Germany, Italy, Portugal and Spain; a further 15 countries will be added at the end of the year. Geodis launched the Eurofirst product at its annual results presentation in London last Friday. The main groupage business in the UK goes live with Eurofirst in April and the pallet network, Fortec, is expected to plug into the system in May. This should prove a major benefit for Fortec member companies and their customers, says managing director Rod Abrahams.

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China’s Sinotrans reports 14 percent rise in net profit

Posted by | Mar 23, 2005 | |

Sinotrans Ltd. reported on Wednesday a 14 percent rise in net profit for 2004 and announced a possible purchase of a 49 percent stake in state-owned Sichuan Airlines Group.

Sinotrans said its profits for the year ending Dec. 31 rose to 802.8 million Chinese yuan (USD97.0 million; EUR74.3 million) from 705.0 million yuan (USD85.1 million; EUR65.3 million) a year ago. But the 14 percent jump compared to a 23 percent advance last year.

The decline in growth was due to slowed business in Sinotrans’ express delivery unit.

Revenue climbed from 17.4 billion yuan (USD2.1 billion; EUR1.6 billion) to 21.9 billion yuan (USD2.6 billion; EUR2.0 billion).

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TNT Express to invest 1.2 Mln Euro in Thessaloniki facilities

Posted by | Mar 23, 2005 | |

TNT Hellas, the Greek unit of Dutch express delivery service provider TNT Express, will invest some 1.2 mln euro (USD1.6 mln) in the company’s new building facilities in Thessaloniki, northern Greece, it was reported on March 23, 2005.

The facilities are located on an area of 2,000 sq m near the Macedonia Airport .

The company plans to soon make possible a direct connection between Thessaloniki and TNT Express’s Pan-European road network.

Thessaloniki has recently been linked to TNT’s air network and to TNT’s European hub in Liege, southeastern Belgium.

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DHL Global Mail France forms Executive Committee

Posted by | Mar 23, 2005 | |

DHL Global Mail France, a unit of Germany-based international mail solutions provider DHL Global Mail, recently formed its executive committee following the recent acquisition of French mail service provider Koba, it was reported on March 23, 2005.

Gunnar Graf, 35, was named president and director general of DHL Global Mail France. Up to now, he was advisor to the president of the mail division of Deutsche Post, and was responsible for the international strategy and development. He also took part in Koba’s acquisition.

Gilles Andre Ioset, 49, was named director general of DHL Global Mail France. He became president of Koba in 2000.

Eric Bravard, 41, was appointed director general responsible for finance and administration within DHL Global Mail France.

DHL Global Mail focuses on mail logistics and related solutions. The company is a subsidiary of German logistics and postal services company Deutsche Post World Net.

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