Year: 2005

FedEx to raise express rates by 5.5 per cent

Posted by | Oct 6, 2005 | |

FedEx has announced a 5.5 per cent increase in its express shipping rates for next year to take account of record fuel prices and robust demand.

The bigger-than-average increase reflects continued strength in the package delivery services as global trade expands.

Analysts said United Parcel Service, the largest US parcel courier, is likely to follow with a similar rate rise in the next few weeks.

The increase will ease fears among investors that mounting competition between FedEx, UPS and their German rival DHL could weaken pricing.

For customers, however, the higher prices will add to upward pressure on supply chain costs, amid record fuel prices and transportation bottlenecks.

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Deutsche Postbank to take over 850 Deutsche Post branches

Posted by | Oct 6, 2005 | |

Deutsche Post AG said it plans to transfer about 850 branches to its Deutsche Postbank AG unit in order to increase the bank’s revenue stream. Deutsche Postbank’s chief executive Wulf von Schimmelmann told journalists the move would lead to a ‘tremendous growth spurt.”I am certain that the positive benefits of this decision will be seen in our figures,’ von Schimmelmann added.
He did not provide any specific earnings or sales projections for Postbank following the transfer. A Deutsche Post spokesman said the branches will continue to operate as post offices despite the management change. Deutsche Post also said the move does not affect its majority stake in Postbank. The German postal company said it has begun talks with the ver.di union on the transfer.

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TNT signs contract for two more Boeing 737 aircraft

Posted by | Oct 6, 2005 | |

TNT Express today announced that it has signed a contract with GE Capital Aviation Services (GECAS) for two additional B737-300SF aircraft. With a payload of 16 tonnes, the aircraft will be introduced to the company’s highly successful European Air Network in August and December 2006 respectively and will replace sub-contracted aircraft. The introduction of the new aircraft will provide the company with increased capacity and will bring the total number of 737’s in the TNT fleet to nine.

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Amtrak doubles up

Posted by | Oct 6, 2005 | |

Amtrak Express Parcels has started a two-man home delivery service for retailers, specialising in items such as plasma and LCD TVs, and other electrical goods.
Amtrak is the first express parcel carrier to offer the capability, eliminating the need for dedicated in-house or contractor fleets.

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DHL expands operations in Brazil

Posted by | Oct 5, 2005 | |

DHL Express expanded its operations in Northeast and Centre-West of Brazil with the launch of new DHL service points there, it was reported on October 4, 2005.
The presence of DHL Express in these areas helped the company boost by 30 pct its turnover in Brazil. Besides the capital of the central-western state of Goias Goiania, the company started to offer its services also in the capitals of the central-western states of Mato Grosso and Mato Grosso do Sul, namely Cuiaba and Campo Grande.

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Irish ComReg launches its Strategy Statement for 2005/2007

Posted by | Oct 5, 2005 | |

The Commission for Communications Regulation (ComReg) today issued its second strategy statement outlining ComReg’s views on possible developments in the telecommunications and postal sectors for 2005 to 2007. ComReg is legally obliged to publish a strategy statement every two years setting out its regulatory strategy in order to meet its objectives and functions as set out in the 2002 Communications Regulation Act.

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Lockheed Martin selected to upgrade Sweden’s mail processing

Posted by | Oct 4, 2005 | |

Posten Sverige AB, Sweden’s national postal service, has selected Lockheed Martin to upgrade its address recognition technology and mail automation capabilities for processing the nation’s letter mail. The upgraded programme will create a common recognition platform to consolidate automated sorting systems at Swedish national processing centers. In addition, it will improve the recognition technology used to process and deliver letter mail. Lockheed Martin will also integrate more than 70 legacy sorting machines to further streamline and improve automated letter sorting capabilities across the country. This new system is similar to the highly efficient Lockheed Martin-developed address interpretation system now in place at the United Kingdom’s Royal Mail.

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