Year: 2005

FedEx unveils expanded operations centre in Taiwan

FedEx unveiled an expanded operations centre near Chiang Kai-shek (CKS) international airport outside the Taiwanese capital of Taipei Monday.
The new operations centre is nearly three times larger than the previous one and can sort 4,000 packages per hour, twice as many as before, according to FedEx. FedEx said the launch of the new centre proved the company was not withdrawing from Taiwan while moving its regional operations centre from Subic Bay in the Philippines to Guangzhou in China.

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China’s Sinotrans to buy stake in local courier for 360 mln yuan

Sinotrans Air Transportation Development Co Ltd (SHA 600270) is expected to acquire a controlling 51 pct stake in Shanghai STO Express Co Ltd for 360 mln yuan, The Economic Observer reported. The newspaper cited unnamed sources as saying that the two companies have signed an agreement which is pending approval by the State-owned Assets Supervision and Administration Commission.
Officials at both companies declined to comment.

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TNT to attack rival Deutsche Post with own letter delivery network

Dutch postal services group TNT is to attack German rival Deutsche Post on the German market. With Europost, 71 per cent of which is owned by TNT and 29 per cent by German package delivery company Hermes, TNT plans to become the second-largest provider of letter deliveries on the German market behind Deutsche Post. TNT plans to bring together its regional partners in Germany into a Europost franchise system. Of around 160 current partners, TNT expects 120 to participate. Partners have until the end of the year to sign up to the franchise. TNT hopes that the new letter delivery system will reach 95 per cent of German households by 2006 and is aiming to achieve market share of 10 per cent by 2007/2008.

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Majority of Japan Post offices in loss in FY ’04

Over 70 pct of Japan’s 20,000-plus post offices reported losses for the fiscal year that ended in March this year, Japan Post said Monday. Of 20,242 post offices nationwide, 14,661 suffered losses for the year, an increase of 500 from the previous year, the public corporation said. By business division, 18,993 post offices, or 93.8 pct of the total, incurred losses in their mail delivery operations, while the number of loss-making offices nearly matched that of profitable ones in postal savings and insurance operations, Japan Post said.

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An Post to spend EUR30m on upgrading operations

An Post, which up until recently could not pay the terms of Sustaining Progress, intends to spend EUR30 million next year on upgrading its security systems and renovating its buildings. This year the company spent about EUR7 million on capital projects, but according to estimates submitted to the Department of Finance the company will spend EUR30 million in 2006. This represents an increase of more than 300 per cent. A spokeswoman for the company said about EUR15 million was earmarked for a major security upgrade to the retail operations of the company. This will involve installing new security features, including CCTV and alarms, in many of the company’s 1,614 post offices. An Post said it was responding to increased threats to some of its post offices, particularly in isolated rural areas. The remainder of the funds will be used to upgrade regional offices, extend some mail centres and bring in fresh IT equipment. One of the reasons for this is that An Post is trying to re-integrate the parcels business SDS back into its core mail operation. This operation was closed last year.

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TNT to set up own mail delivery system in Germany

TNT’s Europost unit is planning to set up its own unified mail delivery system in Germany to close in on local rival Deutsche Post AG, Handelsblatt newspaper said, citing Europost head Mario Frusch. As part of the plans, Europost hopes to unite 120 of its 160 regional mail delivery partners in Germany under a single Europost franchise structure. ‘We want to strengthen our position as the number two behind Deutsche Post,’ Frusch told the newspaper.

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Palletforce goes to Italy

Pallet network Palletforce has added Italy to its European services, bringing the total number of countries covered in mainland Europe to eight. The service, run by Leeds-based member Viamaster Transport, started last Monday.

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TPG Post targets digital market leadership

TPG Post, aims, besides its leadership on the regular mail provision market, also at a leading position on the digital market, a local financial daily said on November 28, 2005. TPG Post has signed an agreement with local bank Rabobank for provision of digital payment traffic services to the bank. The two companies presented today in Amsterdam the central digital mailbox NotaBox, developed to serve their cooperation. TPG Post is currently negotiating with banks ABN AMRO and ING over the establishment of similar services.

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