Tag: Courier/Express/Parcels

TNT opens key network link in Vietnam’s hi-tech hub

The new facility is part of a EUR 1 million investment in developments in the city, which includes TNT’s new Hanoi office due to open in the fourth quarter of this year.
Onno Boots, regional managing director, TNT Southeast Asia, said: “As Vietnam is strategically located as the link between China and Southeast Asia on our Asia Road Network, the completion of the TNT International & Domestic Operations Centre, North in Hanoi is an integral part of TNT’s growth strategy in the region.”
He added that more than 40 pct of volumes to and from TNT Vietnam will pass through the new centre, and growth is expected to be in the high double-digit range for the next five years as it facilitates seamless integration between TNT’s air and road networks.
Shipments passing through Vietnam will be consolidated and processed at the TNT International & Domestic Operations Centre in Hanoi before making its way northwards to China and southwards to Singapore via the Asia Road Network for subsequent airlift to Europe and China respectively, using TNT’s Boeing 747-400 ERF that flies between Singapore, Shanghai and Liege three times a week.
Boots said that the new facility gives TNT the capacity to handle four times its current load of both international and domestic freight under one roof while leveraging the Asia Road Network.
This is the third facility to be opened within three months, following TNT’s new international & domestic road hub in Bangkok, Thailand and the Singapore Country Depot.

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Twenty Four Seven ties up with DHL courier service

Twenty Four Seven, Indian convenience store announces its tie up with DHL courier service at their stores. Through this tie up, DHL courier services will now be offered round the clock at Twenty Four Seven convenience stores empowering its customers to send a courier even at odd hours.

The courier services will be initially available from 12 noon to 9.00 p.m and eventually for twenty four hours. The introduction of the courier services further strengthens its presence where convenience is concerned. It is a one stop location providing international shopping experience for any need be it planned or unplanned. It will now be possible to send urgent couriers at odd hours when no other services are available.

On the tie-up Mr. Samir Modi, Managing Director, Twenty Four Seven said, “We have seen a changing trend in the economy; consumers today are not satisfied only with products but want services to be provided round the clock at their convenience. After achieving the benchmark in providing services such as utility bill payment, movie tickets, we are glad to introduce DHL Courier for our customers.”

Twenty Four Seven stores will be entitled to receive 15 pct discount on DHL courier services on purchase of products worth Rs 200 (USD 4.56).

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TNT hits highest in six months after UPS bid report

TNT NV rose to the highest in almost six months in Amsterdam on a report that United Parcel Service Inc. may bid for the Dutch company as soon as this weekend.

Hoofddorp, Netherlands-based TNT gained 1.70 euros, or 6.9 percent, to 26.45 euros, the highest since Feb. 28. That values the company at 9.7 billion euros (USD 14.4 billion).

UPS and TNT may meet to work out a deal over the weekend, with the U.S. company offering 34 euros to 38 euros a share, U.K. newspaper the Times reported, without citing anyone. TNT surged 26 percent on July 14, its biggest jump since first selling shares to the public in 1998, after the Financial Times reported that FedEx Corp., the second-biggest U.S. package- shipping company, was in talks to buy its Dutch rival.

“If UPS started calculating and put together a team when FedEx rumors emerged in July, they should be ready to make a bid by now,” said Thijs Berkelder, an analyst at Petercam in Amsterdam, in a telephone interview. He said TNT may be worth about 40 euros a share in a takeover bid.

TNT declined to comment on “rumors and speculation,” spokesman Cyrille Gibot said today by telephone.

“UPS will never comment on rumors or speculation about mergers and acquisitions,” said Norman Black, a spokesman for the Atlanta-based company.

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Pallet scanner boosts bottom line for DHL

DHL has installed a pallet measuring system at its international gateway in London Colney to enable it to weigh measure and scan large pallets quickly.

Angus MacDougall, DHL’s International Gateway manager, says: “When large parcels and pallets have a low overall weight, we calculate their shipment cost according to their volumetric or dimensional weight – the amount of space they take up in a vehicle or aircraft.”

“While measuring smaller parcels is standard practice in the transport and logistics industries, measuring large pallets is often very difficult using conventional technology, so their dimensions often have to be manually measured and recorded. This is obviously a time-consuming process and is not cost-effective.

“What we needed was a product that could quickly, reliably and accurately capture and record a pallet’s weight, volume and barcode information and transfer this information in a format compatible with our information management system,” he says.

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Deutsche Post may pay further three-digit mln dollar sum in U.S. revamp

Deutsche Post AG. may pay an additional three-digit million dollar sum in the announced restructuring of the company’s U.S. DHL business, Financial Times Deutschland reported, citing company sources.

The amount comes on top of the previously announced costs of USD 2 billion for the turnaround programme at the struggling unit, it added.

In May, the company said the loss-making U.S. operations of its DHL express unit will tie up in domestic and international airfreight shipments with United Parcel Service Inc. and will launch a cost-cutting programme.

The plans also involve the closure of a logistics hub at Wilmington, Ohio, while threatening up to 8,000 jobs at airline ABX.

Last week, Deutsche Post Chief Executive Frank Appel defended planned job cuts at the company’s U.S. DHL business, insisting in response to criticism voiced by U.S. politicians that the reductions are needed to turn the division around.

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