Tag: Australia

Australia Post delivers

Posted by | Oct 19, 2006 | |

Fired by solid growth in its parcels and logistics business, Australia Post generated a record net profit of AUD367.9 million in the 12 months to the end of June. While the bottom line is 7.8 per cent up on the 2005 performance of AUD341.3 million, the board of the state-owned corporation has declared a lower final dividend to be paid to the Federal Government.
According to a note in the annual accounts, AP will pay the Government a final dividend of AUD140.8 million — AUD15 million lower than the 2005 distribution.
The result was founded on a big increase in total sales revenue which eclipsed AUD4.5 billion for the first time. AP is now one of the most profitable postal enterprises in the world, generating an annual return on equity of almost 19 per cent. A joint-venture logistics business with China Post is expected to boost returns from Post Logistics over the next five years.

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China delivers good growth for DHL despite tough competition

Posted by | Oct 12, 2006 | |

John Mullen recalls sitting in Sir Peter Abeles’ office in the twin TNT Towers in Sydney in the early 1980s, watching his chief executive brief a junior colleague on how the company was going to break into the Asian package delivery market.

“The strategic discussion was, `Just go and open it’. He asked, `What do you mean by that?’ and Abeles said: `Get on a plane and go and open Asia. It’s got to be the future’.” As head of the Asian division of DHL Express, the global package delivery service owned by German logistics giant Deutsche Post, the 51-year-old Australian has had to move fast to meet the 50 per cent annual increase in parcel volume China has delivered over the past five years. DHL Express now has about 6000 staff in China, having built up the business by exploiting existing relationships with foreign companies that were establishing Chinese manufacturing operations for the first time.

But as growth of the Chinese middle class transforms the economy from being simply a cheap exporter of manufactured goods to a consumer society in its own right, so is DHL’s business changing from just being a conduit for the import of components and export of finished goods.

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New Australia Post Chairman and Board Reappointment

Posted by | Sep 11, 2006 | |

The Minister for Communications, Information Technology and the Arts, Senator Helen Coonan, and the Minister for Finance and Administration, Senator Nick Minchin, today welcomed the appointment of Mr David Mortimer, AO, as Chair of the Board of the Australian Postal Corporation and the reappointment of Mark Birrell as a Board member.

In November 1996, Mr Mortimer was appointed by the Federal Government to conduct a review of business programs which resulted in the ‘Mortimer Report’. He is a former Managing Director and Chief Executive Officer of TNT Asia Pacific Region and Chairman of the Defence Procurement Advisory Board.

In 2005, Mr Mortimer was appointed as an Officer of the Order of Australia for service to business and commerce through innovative and visionary leadership, as an adviser to government, and to the community.

The appointment will be for a period of three years from 12 September 2006.

The former Chair of the Board, Ms Linda Nicholls, announced her retirement earlier this year. Ms Nicholls has made an outstanding contribution to the Board of Australia Post throughout the 18 years she has served as Commissioner, Director and Chairman, a position she has held since 1997.

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Qantas launches Freight business

Posted by | Aug 16, 2006 | |

Qantas today announced the formation of a new wholly owned subsidiary domestic air freight business, Express Freighters Australia, to commence operations from October 2006.

The Chief Executive Officer of Qantas, Mr Geoff Dixon, said Express Freighters Australia would wet lease B737-300 freighter aircraft to Australian air Express (AaE) under a 12-year contract.

“This is a new and exciting business that is about growth for the Qantas Group,” Mr Dixon said.

“Express Freighters Australia will not only provide increased revenue, but also new employment for pilots and additional work volumes for Qantas engineers.

“We will commence operations in October with one aircraft and four pilots, growing to four aircraft and up to 40 pilots by March 2007.”

Mr Dixon said Qantas Engineering had been contracted to carry out the conversion of the B737-300 aircraft for the new business at its Avalon base, as well as provide through-life maintenance support for the aircraft.

He said Express Freighters Australia had already employed pilots under Australian Workplace Agreements (AWAs) for the start up of the new business.

“The pilots’ AWAs have pay rates and conditions in line with industry standards for freighter pilots,” he said.

“Growing our freight operations is a core strategy for the Qantas Group, aimed at diversifying and strengthening our revenue base,” Mr Dixon said.

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Fast couriers – Fastway couriers

Posted by | Aug 2, 2006 | |

Fastway Couriers have grown to become the world’s largest franchise courier network specialising in the efficient delivery of “time sensitive”, parcel-sized freight.

With 1600 franchisees, in 96 cities across 12 countries, Fastway Couriers pride themselves on their affordable yet highly profitable franchise business system, giving franchisees the opportunities to grow their businesses without massive capital outlays or ongoing fees.

Limited opportunities are still available for individuals who would like to take up the opportunity to become part of the Fastway Couriers award-winning courier network.

For more information visit Stand I9 at the Franchising & Business Opportunities Expo or log on to www.fastway.com.au.

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