Tag: Courier/Express/Parcels

CitySprint Adds Electric Van to Fleet

Posted by | May 6, 2008 | |

The van, which is powered entirely by electricity, will complement CitySprint’s already broad range of environmentally friendly vehicle options for clients.

The Smith Edison Electric Van has a top speed of 50 mph, can carry over 1,300 kilograms and has a battery range of 150 miles, making it a highly competitive, zero-emission alternative to a comparable, fuel-powered model.

After satisfactory road testing, CitySprint concluded that the relatively greater capital cost of the van would be offset by potential cost savings in fuel and maintenance. The Smith Edison Electric Van is made more commercially viable still by its status as a Vehicle Excise Duty (VED) free vehicle and its exemption from London’s congestion charging.

Am Pall, CitySprint’s Fleet & Specialist Services Director, says: “Being as green, practical and cost effective as it is, adding the Smith Edison Electric Van to our range of environmentally-friendly vehicles became an easy decision. We are certain that our clients will be pleased with this additional green option.”

The Smith Edison Electric Van joins the Vectrix Electric Motorcycle that was introduced to CitySprint’s range of electric and eco-friendly vehicles in 2007

CitySprint’s environmental programme has been accredited with the internationally recognised ISO14001:2004, a voluntary initiative aimed at improving environmental performance. CitySprint received considerable industry praise in 2007 winning the 2007 IFW Environment Award, the Transport for London ‘Capital Fleet of the Year’ award at the 2007 GreenFleet Awards and the Corporate Social Responsibility (CSR) award at the 2007 UK Mail Awards.

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Nordic commerce favours the parcel market

Posted by | May 6, 2008 | |

Pan Nordic Logistics AB, PNL, reached a turnover of 1.5 billion SEK and a result before tax of 52 millions SEK – a growth of 28 per cent compared to 2006. Some of the reasons to the positive result are that PNL has focused on specific areas and that the commerce between the Nordic countries have risen favouring the parcel market.

It is a strong result showing that PNL is an important and big player on the cross-border parcel market within the Nordic countries. PNL has a unique infrastructure in the Nordic countries which is where its main competences lie. The strategy is and has been to focus on what PNL does best, delivering parcels to, from and within the Nordic region.

Growth factors for the parcel market and PNL 2007 has been characterized by growth and consequently PNL took the decision to invest in a new, larger terminal in Jönköping. The inauguration will be in January 2009.

PNL’s customers are mainly within the IT, textile and electronics segments. However, new customers within e-commerce and mail order companies within various branches are increasing. The common demand for these branches and companies are that they all need frequent transports to numerous of cities and countries.

1 SEK = 0.166824 USD

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Deutsche Post names new Head of ailing DHL U.S. unit

Posted by | May 6, 2008 | |

Deutsche Post AG replaced the head of the DHL Express unit’s unprofitable U.S. operations as the company tries to turn the business around.

Ken Allen, 52, previously Chief of DHL Express in eastern Europe, the Middle East and Africa, is taking over from Hans Hickler, Chief Executive Officer Frank Appel said at the annual shareholders meeting in Cologne, Germany, today. Hickler will remain on DHL Express’s global management board, said Nicole Mommsen, a company spokeswoman.

Appel is faced with reorganizing DHL’s U.S. express- delivery unit and is under pressure to decide whether to dispose of the company’s majority holding in the Deutsche Postbank AG retail bank. Bonn-based Deutsche Post will present a plan for the U.S. business by the end of May, Appel reiterated today. The CEO also stuck to earnings targets for this year and 2009.

“U.S. express business remains unprofitable and thus not satisfactory,” Appel said. Deutsche Post is reviewing all options for the unit, though a pullout from the U.S. market is “not an option.”

Deutsche Post fell as much as 22 cents, or 1.1 percent, to 20.59 euros in German trading and was down 0.2 percent as of 11:50 a.m. in Frankfurt. The stock has declined 12 percent this year, valuing the company at 25.1 billion euros (USD 38.9 billion).

DHL is the fourth-largest shipper of packages in the U.S., with 5.9 percent of the market, according to data compiled by SJ Consulting Group Inc. UPS is the biggest with 52 percent, followed by FedEx’s 30 percent and the government-owned U.S. Postal Service with 12 percent.

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Deutsche Post Annual General Meeting 2008

Posted by | May 6, 2008 | |

Acting in his new role as Chief Executive Officer of Deutsche Post World Net, Frank Appel held his debut presentation in front of around 3,500 shareholders.

The Board of Management and the Supervisory Board are proposing a dividend increase of 20 percent to 90 euro cents. That amounts to a payout ratio of 78.2 percent of the consolidated net profit attributable to Deutsche Post AG’s stockholders. Since the company’s IPO, the dividend has risen by an average of around 19 percent a year. “Like in the past, we will stick to our dividend policy and allow our shareholders to participate in the positive business performance,” Appel promised. Deutsche Post’s dividend is tax-free for shareholders living in Germany.

The Group has made good progress with the capital market program Roadmap to Value introduced in November. It is already clear that the goal of generating at least 1 billion euros from the sale of real estate by 2009 will be exceeded. In addition to property sales worth 350 million euros that have been agreed on since November, Deutsche Post World Net a month ago announced the sale of about 1,300 properties for 1 billion euros to U.S. investor Lone Star.

In 2007, revenue rose 4.9 percent to 63.5 billion euros. EBIT before non-recurring effects climbed 8 percent to 3.8 billion euros, meeting the Group’s expectations and forecast.

Reported EBIT dropped 17 percent to 3.2 billion euros following a non-cash asset writedown in the EXPRESS Americas business. As a result, net income after minorities fell 28 percent to 1.4 billion euros, and earnings per share dropped to 1.15 euros from 1.60 euros.

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FedEx Truckload Brokerage moves into Canada

Posted by | May 5, 2008 | |

FedEx Truckload Brokerage, a subsidiary of FedEx Custom Critical, said today it has expanded its services into Canada.

A FedEx spokesperson told LM that since FedEx Truckload Brokerage launched last year, its customers “have been asking us to handle their Canadian shipments, so this was the natural next step for FedEx Truckload Brokerage.”

The biggest benefit of this Northern expansion for shippers, according to the spokesperson, is simply that they have a FedEx service for their truckload shipments to and from Canada.

FedEx Truckload Brokerage initially hit the market in a “soft launch” in January 2007, and it formally hit the market the following April. The service is focused on providing shippers with full-service truckload brokerage service offerings, ranging from regular, dry-van freight to oversized pieces that need flatbed trailers, according to FedEx Custom Critical. And it added that additional resources can be deployed for shipments that need temperature control functionality.

A little more than a year ago, the list of qualified carriers that meet FedEx’ requirements was comprised of more than 100 carriers. Today, the spokesman said, FedEx Truckload Brokerage works with 275 carriers, with approximately 10 percent of those carriers offering cross-border services between the U.S. and Canada.

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