Tag: Courier/Express/Parcels

TNT inaugurates international air route at Rennes

Posted by | Nov 19, 2007 | |

TNT Express has inaugurated a new international air route between Rennes in north-west France and its European air hub at Liège to improve service to customers in the Brittany region.

The service, which has been in operation since October, was officially inaugurated on November 15 in the presence of TNT Express France CEO Eric Jacquemet, representatives of the local Chamber of Commerce and Industry, and numerous customers. During his visit, Jacquemet underlined the very satisfying capacity utilization of the new route one month after the start, and highlighted the advantages of the service for customers in the region.

The route is operated five days a week by BAE146 QT or B737 freighters, with capacity to transport 10 tons of international parcels, documents and freight, TNT Express France said in a statement.

The late departure time of 22:50 offers exporters in Bretagne maximum flexibility with later pick-up times. On its way back, the plane from Liège arrives at Rennes at 06:10, offering optimal organisation of import deliveries throughout the whole region.

The new service complements the daily route that already exists between Rennes and Marseille for domestic shipments. In France, TNT Express has flights to and from six airports: Bordeaux, Lyon, Marseille, Paris CDG, Toulouse and Rennes.

Read More

Online bargain hunters clogging up mail depots

Posted by | Nov 17, 2007 | |

Canadians empowered by a strong dollar and faced with long lines at border crossings have turned to the Internet as a way to do their holiday shopping in the United States.

But a consumers’ agency said this week that online shoppers are already facing a “bottleneck” that will only make delays longer as the Christmas season approaches.

Canada Post reported seeing cross-border parcel traffic increase 15 per cent in October compared to the same month last year, and noted a similar jump in September.

Francois Legault, a spokesperson for Canada Post, said the jump is likely related to an increase in online shopping at U.S. stores.

“We have noticed that the parcels that we have received, the majority of them are from U.S. retailers,” Legault told CTV.ca.

After the loonie hit parity with the U.S. dollar, reaching a value of USD 1.10 at one point last week, Canadians began flocking across the border to take advantage of lower prices and stronger buying power.

But in the lead-up to the Christmas season, the number of parcels and mail received from south of the border has jumped as well.

The Canadian Border Services Agency reported seeing a notable increase in the amount of packages sent to Canada from the U.S.

Canada Post and the Canadian Border Services Agency routinely increase their staff to handle the extra traffic during the holiday season.

Your package is in the mail

Mail flowing from the U.S. is checked by border services at one of three mail centers, located in Vancouver, Toronto and Montreal, before being returned to the chain of delivery.

Read More

Gulf Cooperation Council countries plan postal agency

Posted by | Nov 17, 2007 | |

The Gulf Cooperation Council (GCC) states have plans to set up a single regional postal agency to handle express mail deliveries. Plans are also afoot to jointly order procurements of postal equipment.

These and other issues were discussed at a meeting of the heads of postal corporations from the member-GCC states held in Jeddah on November 11 and 12.

The Qatar General Postal Corporation (Q-Post) participated in this meeting of GCC Advisory Committee. The Qatari delegation was led by Ali Mohamed Al Ali, Q-Post’s Chairman and General Manager.

Preparations to be made for the international conference of the Universal Postal Union (UPU) to be held in Nairobi and the need to have a common stand on issues were also raised at the meeting.

Read More

FedEx Corp. Announces quarterly dividend

Posted by | Nov 16, 2007 | |

FedEx Corp. today announced that earnings for the second quarter ending November 30, 2007 are expected to be in the range of USD 1.45 to USD 1.55 per diluted share, compared to the previous forecast of USD 1.60 to USD 1.75. For the full fiscal year, the company now expects earnings of USD 6.40 to USD 6.70 per diluted share, compared to the previous forecast of USD 6.70 to USD 7.10.

“Since we provided earnings guidance for the second quarter in September, our fuel costs have increased more than eight percent, or USD 85 million,” said Alan B. Graf, Jr., FedEx Corp. executive vice president and chief financial officer. “While we have dynamic fuel surcharges in place, they cannot keep pace in the short-term with rapidly rising fuel prices. In addition, less-than-truckload freight trends in the FedEx Freight segment remain weak, despite economic signs that the decline in U.S. industrial production has hit bottom. We are taking prudent steps to reduce expenses, and are reviewing our capital investment plans for further reductions.”

Separately, the Board of Directors of FedEx Corp. today declared a quarterly cash dividend of USD 0.10 per share on FedEx Corp. common stock. The dividend is payable January 2, 2008 to stockholders of record at the close of business on December 12, 2007.

FedEx will provide additional financial and operating details when the company releases second quarter earnings on December 20, 2007.

Read More

DHL commissioned research reveals new export landscape for ASEAN and Asia

Posted by | Nov 16, 2007 | |

DHL revealed today the findings of a study commissioned to Economist Intelligence Unit (EIU) on regional trade flows. The report entitled Trading up: A New Export Landscape for ASEAN and Asia, examines the movement of goods across borders in Asia, with ASEAN as the starting point. Findings show that despite goals on ASEAN integration, the new export landscape in Asia reveals that ASEAN is at a cross roads between pursuing deeper integration with fellow ASEAN member countries, or falling away to develop individual bilateral trading relationships with China. The share of exports to China from all ASEAN countries in the study except Vietnam has risen sharply while intra-ASEAN trade has shown a declining growth trend.

The release of the study is timed to coincide with the ASEAN Business and Investment Summit (ASEAN-BIS), which DHL has been a key sponsor for the past 5 years. The study concentrated on the ASEAN bloc’s six largest economies – Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam – and analyzed the trade of its closest regional competitors, China, Japan and India. Shifting import and export trends from 2000 to 2007 are analyzed, focusing particularly on the role played by high-value exports as compared with lower-value bulk commodity goods. It is follow-up research from “ASEAN Exports: Today, Tomorrow and the High-value Challenge”, which DHL and EIU jointly released at the 4th ASEAN Business and Investment Summit 2006.

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!



View ResultsHide Results

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.

Subscribe to the Magazine

 

Pin It on Pinterest