Tag: Courier/Express/Parcels

Freightways Delivers With Record Result

Posted by | Feb 11, 2008 | |

New Zealand express group Freightways has announced record results for the half year ended 31 December 2007 despite tough economic conditions and said it expects good growth for the rest of the year.
Freightways reported a 2 pct rise in half-year net profit to NZD 16.8 million (EUR 9.1 million). Operating revenue increased 12 pct to NZD 162 million (EUR 88 million), with earnings before interest and tax (EBIT) of NZD 31 million (EUR 17 million) up by 6 pct over the same period.
The company said its core express package business performed well in the first half-year and it expects this trend to continue in the future although the state of the domestic economy will have some bearing on its performance. Its emerging businesses, including business mail and information management, are expected to continue their growth.
Managing Director Dean Bracewell commented that, despite rising costs and the challenging operating environment, “the half year result reflects another strong period for Freightways that has continued to deliver upon its strategy.”
The majority of Freightways’ revenue and earnings is contributed by the core express package brands of New Zealand Couriers, Post Haste Couriers, Castle Parcels, SUB60, Security Express and Kiwi Express, where primary focus is to defend and grow the business.
The DX Mail business is seen as an emerging growth business, since its performance during the half year has been outstanding, while its contribution to Freightways’ earnings remains relatively small. Freightways also views the information management market as an emerging growth opportunity, as evidenced by the recent acquisitions it has completed in New Zealand and Australia, with all businesses experiencing strong growth.

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Blue Dart sales up by 21 pct

Posted by | Feb 11, 2008 | |

Blue Dart Express announced its annual result for the year ended December 31, 2007 at its board meeting held in Mumbai. The Company posted Rs 699.3 billion crore profit after tax for the year ended December 31, 2007, up by 39 pct from the corresponding period of the previous year. Income from operations for the year ended December 31, 2007 was RS 8,087.2 billion up by 21.06 pct from the corresponding period of the previous year. Speaking on the occasion Anil Khanna, Managing Director, Blue Dart Express Ltd said, “Our results are a validation of our customer’s faith in us and of our commitment to serve their business. We are proud to be positioned as the only service provider with a distinctive capability to offer the entire gamut of express distribution solutions. We have seen consistent high results in the past and expect the trend to continue this year as well.” “The launch of our new fortified ground express product – Dart Surfaceline last year, is a strong step towards achieving our aim of being the first choice for all our customers; however our focus from our core air express product remains unwavered. We aim to continue setting standards in the Indian express industry and facilitating trade and commerce for a greater India.” 1 USD = 39.6650 INR

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UPS appoints new District Manager for Germany

Posted by | Feb 11, 2008 | |

UPS has named Stefan Schürfeld to the position of District Manager UPS Germany in place of Jörns Reineke who will retire by the end of May 2008 after 32 years with the company.

Schürfeld, 51, will be responsible for operational business as well as strategic alignment of UPS Germany. “Germany is the largest local market outside the USA and I am looking forward to taking on the challenges involved,” he commented. “In the future, we will continue offering the best possible service to our customers and we will set benchmarks for the industry with technical innovations.”

Schürfeld started his career at UPS Germany in 1982 and held several management positions at UPS in Germany and Benelux. Most recently, since August 2006, he was District Manager (Great Basin District) in Utah, USA.

Reineke joined UPS at its start-up in Germany in 1976 and rose up through the ranks to hold a range of management positions. He took over the post of District Manager for Germany in 2004.

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Russian Post to remain state-owned company, official says

Posted by | Feb 11, 2008 | |

Russian Post is to remain a state-owned company, IT and Communications Minister Leonid Reyman told journalists during a meeting of the ministry’s board today, adding that the ministry had yet to decide whether Russian Post needed to be converted into a state corporation or into a joint-stock company fully controlled by the government. Commenting on the possible deregulation of the postal sector, Reyman noted that if private-owned companies were allowed access to the market, it was necessary to ensure that Russian Post did not become an operator of its least efficient segments.

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DHL's operations are in full bloom this Valentine's Day

Posted by | Feb 11, 2008 | |

DHL is exporting an estimated 15 million fresh cut flowers from Latin America this Valentine’s Day season, for delivery to customers in the U.S. and around the world. A combination of roses, carnations, tropical flowers and greens originating from Colombia, Ecuador and Costa Rica has already made its way into the U.S., as well as other destinations that celebrate the February 14 holiday, including the UK, Germany, the Netherlands and Russia.

DHL consolidates floral parcels from growers in Latin America and protects the life of the flowers by using bonded cold storage facilities to keep the product cool prior to air transport and immediately upon arrival. Ninety percent of the floral shipments destined for the U.S. market go through Miami where they undergo agricultural inspection at the DHL terminal in Miami.

DHL customer VistaFlor Corp., a Colombian grower that exports bouquets, wedding flowers and arrangements to the U.S. for special occasions, will see its export volume soar from its normal average 5,000 boxes of flowers per week to as many as 53,000 boxes during the week leading up to Valentine’s Day. In addition to maintaining VistaFlor’s shipments at the required 36 degrees Fahrenheit (2 to 4 degrees Celsius), DHL handles the shipment documentation, freight brokerage, customs paperwork and clearance processes.

For its U.S. customers, DHL will deliver millions of flowers to retailers and consumers on or before February 14. DHL in the U.S. has added refrigerated trucks and dedicated flights exclusively for some of the most popular floral retailers and e-tailers.

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