Year: 2007

Indian express industry set for sizzling growth

Posted by | Jan 15, 2007 | |

India’s express industry is expected to register a growth of at least 20 per cent per annum during the next five years and more than double its size by 2012, according to a study by rating agency Credit Analysis & Research (CARE). Opening of banking, insurance, retail, aviation and telecom sectors and their penetration to smaller cities would be the major growth driver.

According to CARE, the size of India’s courier industry currently stands at around Rs 7,100 crore and is estimated to have grown at a CAGR of around 33 per cent over the past decade. At its current estimated size, the courier industry is larger than the tea industry and close to the size of paper and shipping industries in India.
The industry is highly fragmented with more than 2500 express players and a few large sized players account more than half of the industry revenues.

The industry contributes more than Rs 1000 crore to the government revenues by way of service tax, income tax and other levies and it offers employment opportunity to about a million people.

Amongst domestic players Blue Dart, DTDC, First Flight and Overnite Express are leading express services companies in India while UPS, FedEx, DHL and TNT are leading international players presence in the country. According to the CARE survey, the industry players earn about 52 per cent of its revenues from document parcels.

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Fedex Israel has inaugurated drop shipments service

Posted by | Jan 15, 2007 | |

The new service which will be offered throughout Fedex global network will focus on multinationals and subcontractors producing products in the Far East and sell them to worldwide distributors

Yossi Aton, Fedex Israel director general announced last week the inauguration a new drop shipment service enabling fast delivery of parcels between countries.

Drop shipment is an arrangement between a business and the manufacturer or distributor of a product the business wishes to sell in which the manufacturer or distributor–and not the business–ships the product to the business’s customers.

Aton added that the new service which will be offered throughout Fedex global network will cater for a large range of businesses and will focus on multinationals and subcontractors producing products in the Far East and sell them to worldwide distributors.

Aton noted that full real time operational as well as financial control over the movement of the parcels is available through Fedex internet web.

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Emirates joins DHL air cargo security partnership

Posted by | Jan 15, 2007 | |

Emirates Group and DHL Global Forwarding, have signed a memorandum of understanding in air cargo security. Emirates Airline is one of the first airline partners to join this security programme, initiated by DHL Global Forwarding.
The aim of the partnership programme is to initiate standard operating procedures for high-value and high-risk air cargo. Emirates and DHL will share best practices and information on crime trends and jointly lobby towards authorities.

“The Emirates Group has always been committed to strengthening security throughout the handling chain. This programme embodies the symbiotic relationship between major players and stakeholders in the cargo industry,” commented Dr Abdulla Al Hashimi, divisional senior vice-president Emirates Group Security.

Robert Larson, senior vice-president and head of global security DHL Logistics added: “We are glad to welcome Emirates Group Security in our security partnership programme. Now we can combine our expertise and can contribute more efficiently to making the global supply chain more secure.”

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DHL launches WEEE Roadshows

Posted by | Jan 15, 2007 | |

DHL Environmental Compliance Solutions is holding a series of seminars to help businesses get to grips with the new WEEE (waste electrical and electronic equipment) legislation introduced to the UK earlier this month.

The WEEE regulations affect retailers, importers and brand owners of electrical products, forcing them to take responsibility for the safe and responsible treatment of disused electrical products and appliances.

DHL is concerned that while big businesses understand the new regulations and have put processes in place to fulfill their WEEE obligations, many smaller companies have not even heard of the new legislation. And with the 15th March deadline fast approaching for businesses to register with an approved compliance scheme, companies need to act quickly.

DHL is holding free seminars in the UK in nine cities in February and early March.

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Why are stamp prices rising yet again?

Posted by | Jan 14, 2007 | |

The cost of domestic stamps in Canada will inch up a cent tomorrow to 52 cents, nearly quadruple the price in 1976. In the past decade, stamp prices have risen seven times.

Starting tomorrow, letters headed for the United States will cost Canadians 93 cents, an increase of four cents.

Despite many beliefs, Canada Post isn’t given free rein to raise prices. By government regulation, stamp prices can only rise by no more than two-thirds of the yearly inflation rate.

The corporation, though, faces a host of technological and demographic challenges.

Individual “snail mail” use has dropped as Canadians have begun choosing e-mail over traditional penmanship and companies have begun to consolidate various services into one bill, Canada Post recently reported.

Coupled with rising inflation, skyrocketing fuel prices and a yearly population increase of about 240,000 residents, who add more than CD20 million in extra expenses, the Crown corporation says it needs to recoup the costs.

Increased terminal dues, charged to Canada Post by foreign countries receiving mail from here, have also translated to additional costs for the company, it said.

In a statement, the corporation pointed out that while Canadians will pay CD1.55 for regular mail to foreign countries besides the United States a six-cent increase the British paid CD2.28 for mail to Canada and Germans paid CD2.79.

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Empost launches new bulk shipment service

Posted by | Jan 14, 2007 | |

Empost is following its strategy in introducing new services to adapt with the fast moving world; the service will allow customers to deliver bulk shipments all over the UAE.

As part of its ongoing expansion programme, Empost, the UAE’s national courier company, has announced the introduction of a new ‘Bulk Shipment Service’ starting January 15, 2007.

Empost has embarked on a comprehensive expansion plan, increasing its fleet of service vehicles to 425, widening its network to 225 destinations and ensuring the delivery of documents and parcels within 72 hours. Empost now boasts of a host of services that include personal collection and delivery of business or personal mail, Mandoub Service, Tawseel, Ameel, Health Pack, Jawaz, EziPack, LiteDox, EziMail, Empost Express and Empost Stores which sell a range of courier, postal and stationery products.

Empost was established in May 1997 to fill a gap in express courier services in the UAE. Over time, Empost has evolved into a diverse service organisation with an effective international distribution network and infrastructure. It has a domestic fleet of over 475 vehicles and specialised staff offering personalised professional services.

Some of many Empost products include Ezimail post office box clearance service; Mandoub comprehensive government PRO services; Empost Stores all over the UAE that provide access to Empost Courier services as well as postal and stationery products; and Empost Direct which is a range of specially-tailored direct mail marketing services.

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Emirates Group Security joins DHL strategic air cargo partnership

Posted by | Jan 13, 2007 | |

As one of DHL’s preferred air carriers, Emirates Airline is one of the first airline partners to join this programme.

The aim of this security partnership programme is to work together and to agree on standard operating procedures (SOP) for high-value and high-risk air cargo, to share best practices and information on crime trends and to partner in lobbying towards authorities.

Emirates Group Security and DHL Global Forwarding have signed a memorandum of understanding (MoU) in Strategic Air Cargo Security Partnership, a DHL Global Forwarding initiative.

Commenting on the new partnership programme, Dr. Abdulla Al Hashimi, Divisional Senior Vice President Emirates Group Security said: ‘The Emirates Group has always been committed to strengthening security throughout the handling chain. Incidentally, it was Emirates and DHL that were among the first in the UAE and Middle East that attained the TAPA (Technology Asset Protection Association) certification.

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EU holds sway over UK post office funds

Posted by | Jan 13, 2007 | |

Bridgwater’s MP Ian Liddell-Grainger stated in the January 6 issue of the Bridgwater Times that he hopes to clarify the situation regarding post office closures and is mystified as to why post offices need to be closed when there is an annual rural grant of GBP150 million.

The right to give state aid was signed away by the British Government to the EU and now permission has to be sought from that body before the Government can give aid – the post office being a prime example of this state of affairs.

The permission for the subsidy was initially granted by the EU for three years and the present subsidy finishes in 2008.

The EU has not agreed to an extension.

The plight of post offices has been exacerbated by the withdrawal of such services as the sale of TV licences, as well as pressure on pensioners to make alternative arrangements for receiving their pensions.

The sum of GBP150 million is set with no adjustment for inflation.

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