Year: 2007

Josef Ackermann to leave Deutsche Bank in 2010

Posted by | Jan 22, 2007 | |

Josef Ackermann, chief executive of Deutsche Bank, plans to leave the bank when his contract ends in 2010.
Ackermann, who turns 59 next month, told Der Spiegel during an interview that he had always planned to end his “active career” by age 62 at the latest. His comments were confirmed to Bloomberg News on Saturday by Klaus Thoma, a spokesman in Frankfurt for the bank. Ackermann said he might go on to work at a university or elsewhere in the public sector.
Deutsche Bank’s supervisory board a year ago extended Ackermann’s contract until 2010. Ackermann, a Swiss executive who became chief in 2002, turned the lender into one of the world’s five biggest trading firms. The bank’s security unit accounts for more than half of the lender’s pretax profit.
The bank is among a group of investors that plans to buy a stake in European Aeronautic Defense & Space, the parent of Airbus. Ackermann told Der Spiegel he wanted to protect key German industries from foreign control. — Kenneth Wong

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Marketers to increase online direct spend as mail loses out

Posted by | Jan 22, 2007 | |

Only 14% of UK marketers are planning to increase their spend on direct mail this year, while 90% are planning to increase their spend on online direct marketing, according to new research from Alterian.
The data analysis software company conducts an annual survey of marketing professionals in North America and the UK.
This year’s survey reveals that direct mail is set to be much more popular in North America than the UK: while 50% of US marketers overall plan to increase their spend on the medium, in the UK only 14% of marketers plan to do so.
North American marketers are slightly less keen to increase online spend: overall, 85% of marketers plan to do so compared with 90% in the UK.
In the UK, the majority of marketers do not integrate email with other channels: 64% do not and 36% do. The picture in the US is very similar.
Almost 40% of UK marketers reported difficulty integrating email marketing activity with the customer database.
Only 28% carry out full analysis of email campaigns and 72% apply basis or no analysis.
David Eldridge, chief executive of Alterian, said: “The 2006 survey shows a well-defined shift in spending and activity.”

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Deutsche Post Direkt publishes its Address catalogue

Posted by | Jan 22, 2007 | |

Deutsche Post Direkt publishes around five million German business addresses.
The core element of the catalogue is an index of business addresses that come with precise information on market segments and is sorted by various criteria including business size, workforce, type of premises, turnover, and advertising activities. The catalogue is clearly structured and a convenient aid for any business that needs to select and order address lists.

For targeted communication with various management levels users can also order decision-makers’ names and functions as well as their contact details. Deutsche Post Direkt offers a total of five million individual nationwide business addresses, spread over more than 7,000 sectors and accompanied by almost 100 million selection criteria. Direct marketers lease the business addresses for one year and can use them as often as they wish. This enables them to communicate with prospective customers at various levels either once or several times, all at low cost.

The catalogue also offers detailed information on consumer and lifestyle addresses, list broking, and list management. Additional services such as adjustment, list analysis and list enrichment round off the service.

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FedEx delivers more new jobs to ST Mobile Aerospace Engineering

Posted by | Jan 22, 2007 | |

More evidence that Mobile is growing as a hub for the aerospace industry came with the happy announcement that ST Mobile Aerospace Engineering Inc. and FedEx Express Corp. will convert 87 passenger jets to air freighters at Brookley Field.
Immediately, that means 200 new jobs — good jobs, paying an average of USD14 to USD18 an hour. Over time, the seven-year USD470 million contract with FedEx will solidify MAE’s status as Mobile County’s largest employer and its position as a major player in the Mobile economy.
The contract is to convert Boeing 757 passenger planes to freighters to replace about 110 Boeing 727s currently used by FedEx. MAE expects to turn out about one freighter per month when production gets under way in May.

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Saudi Post Sets Up Biggest e-Portal

Posted by | Jan 21, 2007 | |

The Saudi Post has established the biggest e-portal in the Kingdom on the World Wide Web in order to provide information about the post service to the public. The portal includes e-commerce and a list of the post products and services that are offered for sale.

The site also has the facility to accept online payment and gives the customer the choice of packaging and monitoring his mail from the moment of shipment to the time of arrival.

Mohammed Bantan, president of the Saudi Post, said that the site offers e-letters and e-telegraphs in addition to greeting cards, where customers can choose the card and write their message and then the Saudi Post would print it and send it to its destination.

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Empost signs agreement with Jordanian Consulate in Dubai

Posted by | Jan 21, 2007 | |

EmpostEmpost, the UAE’s national courier company has recently signed a cooperative agreement with the Jordanian Consulate in Dubai to provide delivery of consular documents, passports and travel documents to the consulate’s clients through EmpostEmpost’s “Jawaz” service. The agreement was signed by H.E. Naef Al Zaidan, Jordanian Consul in Dubai, and Sultan Al Midfa, CEO EmpostEmpost.

Jawaz Services is optional and can be requested while submitting Visa applications. EmpostEmpost has set up counters at the Embassy and the Consulate, to enable clients to avail the service without hassle.

In addition to the Jordanian Consulate, EmpostEmpost has entered into partnerships with the embassies and consulates of US, Syria, Saudi, the Philippines, and Indian to deliver passports and consular documents to their respective clients through the Jawaz service wherever they are in the UAE. EmpostEmpost is now providing its services to many public and private sectors through its different services.

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Royal Mail loses big business deals

Posted by | Jan 21, 2007 | |

Royal Mail has ‘lost’ 2.bn business letters – one in eight – to private competition in the past 12 months, Financial Mail can reveal.

About 18 of Royal Mail’s largest business clients, including HBoS, Lloyds TSB, Barclaycard, Centrica and the Department for Work and Pensions, have defected to private carriers. There are fears that other Government departments will also take their business elsewhere.

The loss of so many large customers is expected to have a strong impact on the company’s profits, which will be announced at the end of March. Operating profits last year were GBP 355m.

The Carphone Warehouse last week became the latest firm to dump Royal Mail and sign up with a new postal provider, UK Mail.

Executives at Royal Mail are becoming increasingly frustrated because, under the terms of its licence, the company cannot offer to cut prices to try to keep business.

It can compete with cut-price competition only by lowering all its delivery charges to business customers, a move that would have to be funded through increased efficiency and new technology.

One hundred top business clients are responsible for 40% of Royal Mail’s profits and traditionally business customers effectively subsidise domestic household mail.

The growing loss of customers will put further pressure on the Government to agree to Royal Mail’s restructuring plans.

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UPS may cancel Airbus order

Posted by | Jan 20, 2007 | |

U.S. parcel delivery company UPS, the last remaining customer for the cargo version of Airbus A380, may cancel its order in what would be the latest defection from the long-delayed superjumbo, a French newspaper reported Friday.

Business daily Les Echos cited unidentified sources as saying that United Parcel Service Inc. would cancel its order for 10 A380s next week. Such a move has long been rumored.

Airbus spokeswoman Barbara Kracht said Friday that she had no information about a possible cancellation. UPS officials in France would not comment on the report.

The cancellation would leave Airbus with no more customers for the cargo version of the A380, after FedEx Corp. and International Lease Finance Corp. canceled their orders last year amid repeated delays to the plane’s construction schedule.

UPS, which is scheduled to receive its first plane in the second half of 2009, said last fall it was still considering whether to change the order.

Kracht insisted Friday that the cargo version was “a very good airplane and the market is good.’

A spokesman for Airbus parent company EADS said it is sticking to its A380 cargo aircraft program regardless of how many customers it has.

“The decisive thing is not the number of current orders, but the market perspective in the long run. With 25 planes per year, it is very good,’ EADS spokesman Michael Hauger said.

Les Echos suggested a cancellation wouldn’t be all bad for the European planemaker, since it would allow Airbus to concentrate on the passenger version of the A380 — for which it has 142 firm orders — and potentially save up to one billion euros (USD1.3 billion).

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