Tag: Courier/Express/Parcels

Deutsche Post to press ahead with U.S plans

Posted by | Jul 30, 2003 | |

Deutsche Post, the German postal and logistics provider, on Wednesday pledged to prevent its US competitors from derailing its expansion plans in the US package delivery market, after lifting its full-year profit forecast on the back of a solid first-half.

Klaus Zumwinkel, the chief executive who has pushed through an ambitious 1.4bn ($1.6bn) savings plan aimed at nearly doubling group profits by 2005, said first-half business was “strong despite the continued economic weakness”.

Read More

Japan's Sagawa Express to take part in Chinese delivery venture

Posted by | Jul 30, 2003 | |

Major Japanese parcel delivery company Sagawa Express Co. said Wednesday it has set up China’s first nationwide distribution firm with local partner China Poly Group Corp.

Poly-Sagawa Logistics Co. Ltd., a 50-50 joint venture, was established up in Shenzhen in June with 10.8 million dollars in capital and aims to start operations in September, having already received government approval, the companies said in a statement.

Read More

Deutsche Post's U.S. chief will testify in DHL probe

Posted by | Jul 28, 2003 | |

Wolfgang Pordzik, president of Deutsche Post World Net USA, will testify in the ownership probe of the former DHL Airways. The time and place of Pordzik’s testimony has not yet been determined, said Holly Arthur, a spokeswoman for Deutsche Post. The deposition will not be public.

Pordzik had previously agreed to testify, but then reneged after the July 14 sale of the airline to BD Air Partners.

Read More

UPS wants to sign confidential NVO contracts

Posted by | Jul 28, 2003 | |

United Parcel Service has filed a petition seeking the right to sign confidential contracts for its ocean delivery services, a move that strikes at the heart of the 1998 Ocean Shipping Reform Act. In its petition to the Federal Maritime Commission, which under OSRA has broad authority to review and grant such exemptions, UPS argues that its request for confidential contracting is consistent with the legislative intent of the law.

Under current law, companies that own vessels are permitted to engage in confidential contracting. However, companies like UPS that are classified for the purposes of ocean transport as non-vessel operating common carriers, must make their rate structure known through the publication of tariffs.

Read More

Business Post Group acquires Weavers

Posted by | Jul 28, 2003 | |

Business Post Group plc, one of the UK’s leading express delivery companies, announces the acquisition of Weaver (Four Oaks) Limited, trading as Weaver Pallet Express (‘Weaver’), a Midlands-based express palletised goods delivery business.

On a pro forma basis in the 12 months ended 31 March 2003, Weaver achieved turnover of £16.2m and profit before interest and tax of £1.2m. Weaver’s pro forma debt-free net assets at 31 March 2003 were £2.1m.

Weaver provides a nationwide express pallet delivery service through a partnership network of 70 independent haulage businesses throughout the UK. Run from a national hub at Fradley Park, Lichfield, Weaver handles more than 3,000 pallets a day and is estimated to be the UK’s fourth largest pallet network company. The UK pallet network market is experiencing growth of more than 30% p.a.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & 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.

Subscribe to the Magazine

 

Pin It on Pinterest