Year: 2005

UK regulator ponders 39p first class post

Posted by | Nov 27, 2005 | |

A long-awaited review by Postcomm, the postal services regulator, that could see Royal Mail authorised to raise the price of a first class stamp from 30p to as high as 39p is expected to be published this week. The review will set out the terms on which Royal Mail is forced to face open competition when its 300-year-old monopoly ends in January. Alan Leighton, chairman of Royal Mail, wants to raise the price of a stamp to 39p. This would allow him to plug the pension deficit and to maintain the universal service obligation. Postcomm favours restricting the rise to 34p.

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DHL Express opens terminal in Gdansk, Poland

Posted by | Nov 25, 2005 | |

DHL Express opened a new parcel terminal in Gdansk, northern Poland, it was reported on November 25, 2005. DHL Express invested 3.3 mln euro (USD3.9 mln) in the Gdansk parcels sorting and processing centre, which is the fifth one opened in 2005. The terminal is expected to process 15,000 parcels per day.

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DHL Express expects USD35 mln revenue in Argentina 2005

Posted by | Nov 25, 2005 | |

DHL Express expects revenue in Argentina to grow by 20 pct year-on-year to USD35 mln (29.7 mln euro) in 2005, DHL Express chief executive for Argentina, Sergio Del Casale, said on November 25, 2005. DHL Express projected 15 pct year-on-year revenue growth in Argentina in 2006, reflecting the strong performance in the small and medium-sized enterprises (SMEs) sector. Argentina’s express delivery market totals some USD70 mln (59.5 mln euro) annually.

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Sinotrans in logistics push as express business wanes

Posted by | Nov 25, 2005 | |

Sinotrans, China’s largest freight forwarder, plans to spend HK$800 million to HK$1 billion annually over the next three years to strengthen its logistic business as margins of its express business have been shrinking.

Sinotrans’ management said it expects to establish regional logistics services centers in Shanghai, Qingdao, Tianjing and Nansha. The company currently doesn’t run any such center. Sinotrans also plans to use more than 50 percent of the planned investment for storage, warehouse facilities and terminal services, analysts said.

“Unlike the express business, the company’s other logistics businesses are more integrated and can therefore be run as a whole [to cut cost],” South China Brokerage analyst Ben Yang said.

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Paris court postpones postal bank company agreement ruling

Posted by | Nov 25, 2005 | |

The Paris district court has said that it will not rule until November 29 on a challenge by French postal unions to the company agreement of Efiposte, the investment arm of the French post office (La Poste). The unions are asking for the agreement not to be applied to the transfer of 900 La Poste employees to that organisation’s new postal bank.

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Nightfreight rings the changes

Posted by | Nov 24, 2005 | |

Nightfreight (GB), which announced a secondary buy-out in July 2005, has reported a 9.8% increase in turnover to £112.4m for 2004—but operating profit was down by more than 47%.
Its IDW Overnight business accounted for £86.5m of turnover in 2004, down 0.6%
The logistics business accounted for £19.6m of turnover, a 26.6% increase on 2003’s £15.5m. The Deliver2Home business made £6.3m turnover in its first year of operation.

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Swiss Post to absorb part of VAT costs

Posted by | Nov 24, 2005 | |

Following the Federal Council’s decision in September to open up the postal market, letters weighing more than 100 grams will be subject to VAT from 1 April 2006. This will mean an extra VAT bill of around CHF 30 million for Swiss Post, part of which it will cover itself. In addition, the price of certain products will be reduced. Only B4 letters weighing between 101 and 500 grams will be slightly more expensive; for letters with proof of delivery there is now a single, efficient and economic option: registered mail. For many corporate customers, these slight adjustments will mean a drop in prices as they can claim back the VAT from the tax authorities. The price of letters weighing less than 100 grams remains unchanged. The price watchdog has approved the new prices.

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Parceline invests in new premises

Posted by | Nov 24, 2005 | |

Express parcel carrier Parceline has invested pounds 550,000 by taking on premises formerly owned by brewer Scottish and Newcastle. Previously based on Gateshead’s Team Valley, Parceline has re-located to Monkton Business Park in Hebburn, South Tyneside. Parceline depot manager Colin Edwards said: “We’ve already created five new jobs and there is the potential to expand further over the next 12 months.” The new 4.8-acre site includes a 29,000sq ft warehouse and office space.

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