Tag: Business Post

Business Post grabs Amtrak contracts

Posted by | Oct 22, 2008 | |

Business Post chief executive Guy Buswell has revealed that its UK Mail division has picked up contracts following the demise of business-to-consumer parcel carrier Amtrak in the summer. “We got in touch with Amtrak’s administrators and offered to move the stranded parcels in the network,” says Buswell.
“We then agreed sight of the customer database, which gave us a jump-start on the competition. We did not buy any Amtrak assets – just its customer list.” Buswell says although UK Mail picked up business as a result of this move, other carriers, such as Parcelforce and DHL, also gained customers.
Parcelforce confirmed it has picked up a Kleeneze contract. DHL declined to comment. Meanwhile, Buswell says a name change is in the offing. “We’ve been thinking about changing the group name to UK Mail Group. We’ll probably decide on it in the new year, then go to shareholders next summer to be voted on at our AGM,” he adds.

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Business Post Group pre-close interim statement (UK)

Posted by | Oct 9, 2008 | |

Business Post Group plc issued the following pre-close period trading update for the half-year ended 30 September 2008.

Performance has continued in line with the guidance provided at the Annual General Meeting on 9th July, and in line with the Board’s expectations.

The Group has maintained revenue growth, both during the second quarter and for the half-year in total. Group revenues for the half-year increased by 16.3% on the equivalent period last year.

Parcel revenues showed a satisfactory improvement on last year.

Mail business, UK Mail, achieved good growth, driven by new business wins and further mail volumes from existing customers.

Revenues in Specialist Services for the period were up significantly on last year, with new contracts driving a strong improvement in our Courier business.

Business Post Group plc will report its interim results for the six months ended 30 September 2008 on 19 November 2008.

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Amtrak Express Parcels Receivership Update

Posted by | Aug 27, 2008 | |

Joint Administrators from Ernst & Young LLP were appointed by the directors of Netfold Limited on Friday 22 August 2008.

Netfold Limited trading as Amtrak, specialises in national and international parcel freight. The business is head quartered in Aldridge, West Midlands, and operates two distribution hubs in Aldridge and Warrington together with 36 distribution depots across the UK, employing over 900 people.

One of the Joint Administrators from Ernst & Young commented, “Amtrak has found trading in the current economic climate challenging. It is a business led by consumer demand and as consumer spending power has weakened Amtrak’s business has suffered.

Further to this an announcement on Amtraks website states that Business Post – UK Mail are offering to take on Amtrak’s customers work on their current terms.

This time it is highly unlikely that anyone will buy-out/save the company.

On Friday evening (22nd August) all staff were contacted to be told that they no longer had jobs until further notice. They employed nearly 1,000 workers with countless other self-employed workers in driving positions.

It is unknown whether workers will receive their last due pay. Self-employed drivers are highly unlikely to receive the money due to them.

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Affiniti selects UK Mail specialist services for time-critical operation

Posted by | Aug 1, 2008 | |

Affiniti, the network solution and communications integrator, is working with same-day expert UK Mail Specialist Services to provide round-the-clock repair and maintenance support to blue-chip clients including major financial institutions. Under the GBP 1 million strategic storage contract, UK Mail Specialist Services will play a vital role in supplying time-critical parts to field engineers, so essential work can be carried out without delay and operational disruption.

More than 10,000 different parts will be stored at 18 UK Mail Specialist Services sites, providing complete coverage across the UK. Effective inventory management with safe storage and accurate stock control will enable release of goods within 30 minutes, resulting in the delivery to field engineers within 2.5 hours of the order being placed. UK Mail Specialist Services will liaise direct with the engineer via SMS to coordinate delivery to fit within their job allocation schedule.

Orders will be placed online via an inventory management system that dovetails into UK Mail Specialist Service’s distribution system. This sophisticated technology solution will interface with Affiniti’s own back-office systems to create a seamless supply chain process that provides complete visibility over the company’s service management operation.

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Business Post: Statement from AGM

Posted by | Jul 9, 2008 | |

At today’s AGM of Business Post Group plc, Chairman Peter Kane will announce the following
statement to shareholders covering the period 1 April 2008 to 30 June 2008.
“Group revenues for the period increased by some 16% on the equivalent period last year.
Parcel revenues showed satisfactory improvement on last year. In particular, we continue to see
good growth in our B2B parcels business which represents in excess of 80% of parcels revenues.
Our Mail business, UK Mail, continues to achieve strong growth, driven by new business wins
together with further mail volumes from existing customers.
Revenues in Specialist Services for the period were up significantly on last year. In particular our
Courier business has benefited from the contract with Orange which commenced in the period.
We have made a good start to the financial year with continued revenue growth and with trading
performance in line with management expectations.

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