Tag: Courier/Express/Parcels

DHL Ireland profits plunged 200pc in 2006

Posted by | Jan 16, 2008 | |

The Irish wing of distribution giant DHL endured a profit fall of more than 200pc in 2006, despite a marginal increase in turnover to EUR 163m.
Figures just filed with the Companies Office show the earnings plunge was largely linked to exceptional costs, including EUR 1.354m for redundancy and relocation costs.
Those costs were linked to DHL’s 2007 move to a new distribution centre in north Dublin.
One of Ireland’s largest private distributors, DHL employed 795 people at the end of 2006, down from 843 the previous year.
The company achieved sales of EUR 163m for the year, up from 2005’s result of EUR 157m. Operating profit, however, tumbled from EUR 5.417m in 2005 to EUR 2.885m in 2006, on foot of higher costs.
A higher interest and tax bill put further pressure on the company’s bottom line, which ultimately delivered profits of EUR 1.16m for the year, down from EUR 4.468m the previous year.
The company’s directors noted the year’s performance was “in line with expectations and in line with overall performance of the Irish market”.
The accounts also detail a EUR 20.2m loan which was advanced to DHL in 2006 by ultimate parent company Deutsche Post AG, and a EUR 559,000 pension refund which will be treated in the 2007 filings.
During the year, the company’s four directors saw their own remuneration drop by more than 18pc to EUR 346,000, while average staff costs rose by about EUR 1,500 to EUR 47,500.
DHL Ireland closed the year with equity shareholders funds of EUR 12.1m, up from EUR 10.3m in 2005, and retained profits of more than EUR 10m.

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The impact of online shopping on logistics

Posted by | Jan 15, 2008 | |

New research into the effects of online shopping on our high streets shows that retailers need to dramatically change the way they operate – from product availability to their physical stores and locations

According to logistics property consultancy Atisreal retailers have a major opportunity to take advantage of e-Shopping opportunities but only if they change how goods bought online are delivered to consumers.

According to Atisreal, almost two-thirds of UK consumers (62%) would choose a retailer offering home deliveries specified to the hour over one that does not when buying goods on the internet; and over half (52%) would do so if offered the opportunity to use local centres where goods could be collected or returned at their convenience.

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Survey: FedEx's Smith among top CEOs (US)

Posted by | Jan 14, 2008 | |

FedEx Corp. Chairman, President and CEO Frederick W. Smith is among America’s best Chief Executives, according to Institutional Investor magazine.

Smith was named the best CEO in the airfreight and surface transportation category for the second consecutive year in the magazine’s survey.

The magazine surveyed portfolio managers, analysts and other investment professionals and asked them to name the best CEOs in their sectors.

Around 900 people at 425 institutions responded with first, second and third place votes in each of the sectors with which they were familiar.

“A common trait exhibited by many of the winners is experience managing through crises, scandals and turnarounds,” the company stated in a release.

Based in Memphis, FedEx Corp. provides transportation, e-commerce and business services through several divisions, including FedEx Ground, FedEx Freight, FedEx Kinko’s and FedEx Global Supply Chain Services.

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DHL Express expands Swedish consumer parcel network

Posted by | Jan 14, 2008 | |

DHL Express Sweden has expanded its recently-created network of 1,100 Servicepoints for consumer parcel services through an agreement with Scandinavian retail group Reitan Servicehandel. The expanded service is a key part of DHL Express Nordic’s strategy for 2008.

Under the deal, Swedish consumers and SMEs will be able to drop off or pick up their parcels at DHL Servicepoints within 7-Eleven stores and Pressbyran newspaper kiosks and shops located across the country, DHL Express Sweden said in a statement.

Reitan Servicehandel operates 72 7-Eleven shops in Sweden in Stockholm, Gothenburg, Helsingborg and Malmo, while there are 318 Pressbyran outlets across the country attracting some 1.4 million customer visits a week, according to the group’s website.

DHL Express already has a network of 1,100 Servicepoints in Sweden operated as shop-in-shop services under contracts with a wide range of retailers. Private customers can hand in or collect their parcels at the Servicepoints.

Consumers sending parcels can book the shipment with DHL online and receive a shipment number to attach to the parcel. Payment is made directly to the retailer. Customers receiving parcels are informed by SMS or e-mail that their item is ready for collection.

The expanded service is a key part of DHL Express Nordic’s strategy for 2008 to strengthen its leading position in the region, said Martin Södergård, managing director of DHL Express Nordic.

The key aims were to intensify customer dialogue and make DHL Express more attractive as a potential partner by investing in service and improving access to products. “For me the Nordic region is a very exciting region because we have the chance to offer our customers a comprehensive product portfolio,” he commented. DHL Express Nordic, with 6,000 employees, covers Denmark, Norway, Sweden, Finland and the three Baltic states.

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TNT extends fleet after one year of Mercurio’s acquisition

Posted by | Jan 14, 2008 | |

The Expresso Mercúrio, acquired one year ago by Dutch group TNT Express, intends to buy more 100 trucks this year to attempt the projected growth of the demand for the road load transport because of the good moment of the Brazilian economy. ‘In 2008 the market goes to grow above two digits. It goes to be a better or at least equal as 2007’, believes the president of the TNT/Mercúrio, Robert Rodrigues, who esteem that the market of express deliveries has grown about 15 pct in 2007.
In 2007 97 trucks and 88 pick up/ delivery vans had been bought and, with the acquisition of this year, Mercúrio will have 1,5 a thousand proper vehicles, approximately, between trucks and vans. The company still uses about two thousand third-party vehicles, depending on the time of the year.
Last year Mercúrio also constructed a new hub in Joinville (SC) and this year intends to raise new ones in Rio de Janeiro, Fortaleza and Recife. Rodrigues, however, prefers not to disclose the value of the investment to be made in 2008. ‘But will be at least higher than 5 pct of our liquid invoicing ‘, inform.
According to Rodrigues, last first year Mercurio had as goal the improvement of the management, nomination of the new direction and adjusting the management stile to TNT’s one, as sending systematic reports to the Head Office. From now on, as Rodrigues affirms, all the attention is focused to the business. ‘We will increase the performance to speed up the growth’, says.

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