Express Limited mailsort rates
Express Limited mailsort rates
P:LibraryPostalExpress Limited Mailsort prices 1st April 2004 v 2.xls
Tag: Courier/Express/Parcels
Bridgepoint And JPMorgan Partners Sign Definitive Agreement To Acquire Seur Madrid
The shareholders of Servicio e Información Urgente de Transporte, S.A. (“SEUR Madrid”) have signed a definitive agreement with the investment funds managed by Bridgepoint and JPMorgan Partners to sell 100% of the company, which also includes a 21% stake in SEUR, S.A.
– This acquisition marks the successful closing of a selection process to find an investor to support SEUR Group’s future
NOTE – THIS ACQUISITION DID NOT HAPPEN. SEE LATER ARTICLES (JULY 04)
Read MoreSeur Portugal
Seur Portugal, the local unit of Spanish express courier company Seur, generated in 2003 a turnover of 24.71 mln euro ($30.3 mln), it was reported on April 1, 2004.
Seur Portugal’s 2002 turnover totalled 22.6 mln euro ($27.7 mln).
Seur’s global turnover increased by 9.62 pct year-on-year to 499.68 mln euro ($613.2 mln) in 2003.
Read MoreExpress delivery services – Competitive conditions facing US based firms in foreign markets- Impediments to Express operators and US outbound shipments
Express delivery services – Competitive conditions facing US based firms in foreign markets
Read MoreNotes/statistics from meeting with Vanessa Leeson
1. Turnover currently £270 million
2. 3-4% pa growth this year
3. now down to 5,000 employees with a plan to get down to 4,000 by 2004/05
4. 70% of top 20 accounts are B 2 C
5. 50% overall B 2 C in business
6. 7% overall unable to effect delivery first time – means 14% for PAD’s
7. Now down to below 9% attrition rate of customers
8. Have taken Rob Peto from GeoPost to install Customer Profitability systems – is doing well with the project
9. Business focus is:
a. B 2 B – currently very close to 3 very large potentials
b. Adding value to the B 2 C package – focus around notification of delivery day and time to the sender
c. Focus on SME’s
d. Bring more flexibility to depot operations
e. International development – have appointed 3 RGM’s re[porting to an International Mgr who reports to Dom McKenna
10. Break even is still the objective by 2004-05 and + £25 million the year after
11. Planning also to sort out some structural issues such as:
a. VAT
b. Interest payment on accumulated losses – costs circa £45 million a year to Parcelforce!
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.