Tag: Australia Post

Australia Post forms ties with China firm

Posted by | Nov 12, 2007 | |

Australia Post has ruled out a joint venture in a new freight business with Qantas while flagging further investment in its logistics arm.

Australia Post is keen to expand its domestic and international logistics operations and sees China as a potential partner for further growth.

The Australian business has a partnership with China Post called Sai Cheng Logistics which it hopes will be the conduit to its long- term aim of becoming a more significant player in Asia-Pacific logistics.

Australia Post already has alliances in Hong Kong, Japan, Korea, the United States and Britain.

In support of its growth strategy, Australia Post has indicated that with US$91.6 million available for investment it will concentrate on improving warehousing and electrical systems in support of logistics operations.

Australia’s Post, whose shareholder is the federal government, has just released impressive financial figures. The parcels and logistics division – the entity’s biggest money-spinner – contributed a pre-tax profit of $234.6 million to the Post’s overall 2006-07 pre-tax profit of A$514.96 million.

Chairman David Mortimer said the acquisition of JR Haulage – now renamed Post Logistics Australia – has given the group a good launching pad in traditional logistics. “We know our business platform is sound – and this year’s strong results confirm that we’re pursuing the right strategy,” Mortimer said. “So we’ll be investing our remaining profits in programmes that will help to broaden our revenue base, control our costs and maintain our high service standards.”

Australia Post’s managing director Graeme John said: “Our growth in parcels and logistics is partly driven by online trading but it’s also due to an increasing recognition among Australian businesses that we offer an efficient and comprehensive range of distribution services.”

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Australia Post’s Delivery Times Exceed Standard

Posted by | Nov 5, 2007 | |

Australia Post has once again exceeded its delivery standard according to the most recent evaluation by Deloitte Touche Tohmatsu.

Across Australia for the quarter ended September 2007, 96 per cent of domestic letters were delivered early or on time, and 99 per cent within one day of Australia Post’s published standards.

According to Australia Post’s customer service standard, 94 per cent of domestic mail must be delivered within specific time periods. For example: For standard size letters placed in a post box before 6pm, Australia Post undertakes to deliver that letter within the same metropolitan area by the next business day.

Across Australia delivery targets were exceeded in every state. Continuing a trend all year, Tasmania was again the strongest performer with 98 per cent, followed closely by the Australian Capital Territory at 97 per cent, and Queensland 97 per cent, both echoing previous trends. The national average was 96 per cent. To ascertain whether Australia Post is meeting its delivery targets, the ‘travel’ of domestic letters is monitored using radio frequency identification technology and a network of more than 2,000 members of the public across Australia. The results are audited by Research International and independently evaluated by Deloitte Touche Tohmatsu.

“Each day Australia Post collects, processes and delivers letters across the country, whether it be an inner city delivery or a delivery to the remotest part of this vast nation,” said Melanie Powell, National Media Manager, Australia Post.

“These latest results are testament to our continued investment in new technology and our hard working staff across the country.

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Australia Post sets new trend

Posted by | Oct 23, 2007 | |

Australia Post is making a fashion statement this spring by having the new uniforms designed by the renowned designer Carla Zampatti.

The uniforms will be worn by 8000 staff working in more than 4000 Australia Post outlets.

Zampatti was invited to design the new collection by Australia Post managing director Graeme John, who thought her signature style had the look and feel his company needed.

“We needed to ensure that our retail collection reflected our staff’s professionalism in dealing with an ever-increasing number of high-end business transactions, ” said Mr John.

The colour palette is navy, red and white and the collection includes tailored suits in classic navy or pinstripes. Shirts feature bold red striping or navy spots on white, and bold accents are created with spotted or striped ties for men and neck scarves for women.

While it’s not catwalk couture, Gold Coast gals stuck behind the counter all day will appreciate the quality cut and design.

We all know local ladies love to brag about the name tucked in behind the nape of their neck.

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Australia Post – Parcels bring in the cash

Posted by | Oct 18, 2007 | |

AUSTRALIA POST has flagged further investment in its logistics arm to propel its domestic and international expansion.

The parcels and logistics division is now the corporatised entity’s biggest money-spinner, responsible for a big part of the group’s 2006-07 net profit of $400.7 million, a rise of 8.7 per cent on the previous year’s $367.9 million.

Of the pre-tax profit of $561.7 million, parcels and logistics for the second year in a row was the biggest contributor, with $255.9 million. Letters, traditionally the lifeblood of Australia Post, had a pre-tax profit of $160 million, down 8.4 per cent.

Total revenue from the three core businesses – letters, parcels and retail – rose by 4 per cent to a record $4.71 billion.

The postal corporation will pay its shareholder, the Federal Government, a dividend of $296.9 million on top of the $474.9 million it paid in taxes and charges last year.

Australia Post’s chairman, David Mortimer, said cash flow in the business was very strong at $670 million. After the payment of dividends, more than $100 million would be available for investment, particularly in logistics.

“There will be investment in warehousing and electronic systems,” he said.

Parcels and logistics includes not just the sending of parcels: the group is increasingly expanding its broader logistics arm domestically and internationally.

The acquisition of JR Haulage, now rebadged Post Logistics Australia, has given the group a solid domestic platform in traditional logistics.

Growth in domestic parcel volume was due to the boom in online shopping, especially of products such as wine, electronic goods, CDs and DVDs.

Mr Mortimer said the expansion of the parcels service overseas owed a lot to the alliance with postal bodies in China, Hong Kong, Japan, Korea, the United States Britain and Spain.

Australia Post has forged a partnership with China Post called Sai Cheng Logistics, which is a stepping stone to a long-term aim of becoming an “essential partner” in Asia-Pacific logistics.

Mr Mortimer said the China venture was exciting. “But it’s still modest. We have to get the fundamentals right first before we expand,” he said.

The volume of domestic letters rose by 1.9 per cent, an extra 93.1 million letters. Mr Mortimer said the number of personal and business letters had fallen, with the broader rise driven by direct and unaddressed mail (such as advertising material), up 8 per cent and 11.4 per cent respectively.

Pre-tax profit from the retail network – 4449 postal outlets, including 2553 in rural locations – was a flat $86.6 million, with identity services, including passports and licences, a new and growing income source.

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Australia Post: Parcels bring in the cash

Posted by | Oct 18, 2007 | |

Australia Post has flagged further investment in its logistics arm to propel its domestic and international expansion.

The parcels and logistics division is now the corporatised entity’s biggest money-spinner, responsible for a big part of the group’s 2006-07 net profit of USD 400.7 million, a rise of 8.7 per cent on the previous year’s USD 367.9 million.

Of the pre-tax profit of USD 561.7 million, parcels and logistics for the second year in a row was the biggest contributor, with USD 255.9 million. Letters, traditionally the lifeblood of Australia Post, had a pre-tax profit of USD 160 million, down 8.4 per cent.

Total revenue from the three core businesses – letters, parcels and retail – rose by 4 per cent to a record USD 4.71 billion.

The postal corporation will pay its shareholder, the Federal Government, a dividend of USD 296.9 million on top of the USD 474.9 million it paid in taxes and charges last year.

Australia Post’s chairman, David Mortimer, said cash flow in the business was very strong at USD 670 million. After the payment of dividends, more than USD 100 million would be available for investment, particularly in logistics.

Parcels and logistics include not just the sending of parcels: the group is increasingly expanding its broader logistics arm domestically and internationally.

The acquisition of JR Haulage, now rebadged Post Logistics Australia, has given the group a solid domestic platform in traditional logistics.

Growth in domestic parcel volume was due to the boom in online shopping, especially of products such as wine, electronic goods, CDs and DVDs.

Read More

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