Tag: Courier/Express/Parcels

UPS dismisses TNT bid interest, TNT shares fall

A senior executive of United Parcel Service on Monday dismissed talk of a USD 15 billion takeover bid for Dutch rival TNT as a ‘rumour’, saying an acquisition would devalue its own shares.

The comments pushed TNT shares down by nearly 10 percent on Monday, erasing earlier gains posted after a source familiar with the talks told Reuters the U.S. company was in the early stage of discussions with Europe’s number 2 mail and logistics group.

‘That rumour again?’ Dan Brutto, president of the company’s international business, told Reuters in an interview.

‘I look at that (TNT share price) and said, ‘someone says we’re going to buy something that devalues our shares too at the same time’,’ he said, adding however that acquisitions were not something he oversaw directly.

‘But we always look at different things and try to fit (them) into the puzzle.’ He said UPS hoped to make some Chinese acquisitions.

Earlier on Monday, shares in Europe’s number 2 mail and logistics company gained more than 6 percent after a source told Reuters on Sunday that UPS was in the early stage of discussions with TNT.

Read More

ATSG reports second quarter results

Air Transport Services Group, Inc. reported a 40 percent increase in second quarter revenues, and a loss for the quarter, principally due to certain unreimbursed overhead expenses as a result of the recent arbitration ruling.
ATSG’s revenues were USD 394.9 million for the second quarter of 2008, compared with USD 281.3 million in the second quarter of 2007, an increase of USD 113.6 million.

Second-quarter DHL revenues from expenses subject to markup decreased 11 percent, as ABX Air operated fewer aircraft and managed fewer facilities for DHL than a year ago.
As previously reported, arbitrators ruled that ABX Air’s general overhead expense, excluding certain corporate costs, should be reimbursed in full with mark-up by DHL through the end of 2007 per the commercial agreements, but reimbursed only in part based on a negotiated allocation formula starting in 2008.

Read More

Multi-carrier certified shipping solution

OutBound Shipping System, a provider of automated carrier certified shipping software and solutions, has now integrated the U.S. Postal Service (USPS) Global Shipping Solution (GSS) interface into its enterprise shipping software. This integration allows customers to access the easiest method for shipping international USPS parcels. The software streamlines the oftentimes difficult process of generating the correct paperwork for international shipping with USPS. The module can accomplish this by capturing the required information for international shipping, including product codes, value, and requirements of the destination country.

OutBound Shipping System’s multi-carrier certified shipping solution now encompasses USPS, FedEx, DHL, and UPS products and services, and also has a less-than-truckload (LTL) module. The latest edition also features increased application functionality in addition to the integration with USPS.

Read More

DHL Oman: ‘We want to be everybody’s first choice’

As DHL completes 30 years, its Country Operations Manager, Oman, Geoff Walsh explains to OER’s Visvas Paul D Karra the reasons that have made DHL a trusted name for its customers

Can you shed light on some of DHL’s pioneering services?
I think the biggest thing we have pioneered is the use of ease. We are present all over Oman in 16 locations, which includes all the major towns. One of the biggest initiatives in the Middle East is our Import Express, so you can have an account here and request for a collection from Timbuktu or from Sydney. We take care of all the paper work and ensure that you get your shipment. You can have one user account and you can do export, import and even door-to-door freight service.

Since the past couple of years, we are also doing the time definite pre-nine, pre-12. If you want a shipment to be sent to the UAE by 9 am the next day, you pay a small premium and we guarantee to deliver it before 9 am otherwise you get your premium back. So, it gives a scale of prices and scale of services.

How do you view your competitors in Oman?
There are the usual global competitors like Fedex, TNT, UPS, etc, and then the local ones like Aramex, besides other small players. Our advantage lies in our knowledge of Middle East customers because we are here since the last 30 years and that stands us in very good stead. We have to give the best service and best performance consistently. I think that is what separates us. All our competitors get business but if a customer has got something important to be delivered and needs to guarantee it reaches there, they will come to us.

DHL’s logistics chain has acquired a global reputation. What accounts for this?
We have 250 trailers moving around the Middle East and these go into Africa and Europe. Sometimes 10-15 of them pull automotive parts. And then, we charter an aircraft if it is needed. We are also the only company in the Middle East which has an airline of its own. We have a plane based in Bahrain.

And then we have our couriers, they are not just delivery or collection boys. They do the scanning, they know the importance of the shipment and they get to know the customers because of the training we give them. It is a whole package oriented towards the ‘first choice’ motto.

What is your opinion about Oman as a market?
Oman is diversifying from oil to non-oil revenues. This is attracting a lot of investments and the country is growing. We have been a significant cog in the growth. The big multinational companies, like banks and other manufacturers who come into Oman, need infrastructure and DHL can help and support them to get it. Being here and supporting the growth is important. It is what I said about providing solutions. We want to be everywhere and everything for everybody. We want to be everybody’s first choice.

What are your expansion plans in the Sultanate of Oman?
Our investment in Oman is increasing. At the moment I am drawing up the budget plan and I know that what I am going to invest now is more than what has been invested in the last 10 years.

We are going to have a brand new country office in Seeb in the final quarter of 2009. We are looking for a larger warehouse facility in Ghala area. On other locations, we have Express centres where people can just walk into, like a shop. This is what I call the retail strategy. We want it to be easy to use DHL, as easy as walking into a supermarket or a store to buy milk. To be a customer’s first choice, we have to be easy to use, we need to be reliable, and have quality and consistency.

How secure is a parcel sent by DHL?
We do everything to make sure that every shipment is secure. Every shipment is treated exactly the same way. Similarly, all our offices and express centres have CCTVs and all our courier boys are vetted and trained to follow strict security procedures. Therefore, our shipments are as safe as you carry your own luggage on a holiday.

Has there been any major inciden

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!



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.

 

Pin It on Pinterest