United Parcel Service Inc.’s annual sales in China doubled to about $200 million in the year after the world’s largest package-delivery company began its own flights to Beijing and Shanghai. The company started the flights to those cities in April 2001 and plans to increase the number of representative offices in China to at least 20 by the end of next year from five now, said company Chief Operating Officer Tom Weidemeyer in an interview.
Read MoreDHL Worldwide Express plans to open an 18,000-square-meter distribution center near Tokyo in October. The ¥7 billion ($57 million) center, located between Narita Airport and downtown Tokyo, is part of a nearly $100 million investment by DHL in Japan over the past three years, said John Mullen, DHL’s chief operating officer in the Asia-Pacific region.
Read MoreDHL Worldwide Express, the worlds largest air express courier company with operations in more than 220 countries, has identified India among its three key strategic markets in Asia, the other two being China and Japan. “You would see substantial investment in future, not only brick-and-mortar but also in people. We have never realised the full potential of the Indian market so far,” said DHL Asia Pacific area director Bryan Jamison.
Read MoreEmployees of the postal department are planning a sustained protest against the Government’s move to amend the Indian Post Office Act, 1898. The proposed amendment is apparently intended to throw the postal sector open to private operators and, according to the postal unions, is a direct fall-out of the policy of “blind liberalisation and privatisation”.
Read MoreThe Supreme Court (Japan) ruled Wednesday the postal law was unconstitutional in setting limits on seeking damages when registered mail is mistakenly delivered. At issue is the case of a finance company in Nishinomiya, Hyogo Prefecture, that sued the government over a registered letter that arrived late at the intended recipient.
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