Tag: Courier/Express/Parcels

TNT share interest

Posted by | Aug 22, 2007 | |

Shares in Dutch mail company TNT rose 3.7 percent to 31.11 euros on Wednesday on renewed talk that the group may be a bid target, traders said.

They named TNT’s U.S. rivals UPS or Fedex as possible bidders.

A TNT spokesman declined to comment, saying the company never commented on market speculation.

An Amsterdam-based trader said: “There is talk of UPS or Fedex interest in TNT. It is an old rumor but UPS and Fedex both seem to be looking at Europe, which would make TNT an obvious candidate, especially as the shares have come off recently.”

“I wouldn’t be surprised if one of them buys it eventually,” the trader said.

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Swedish Posten expanding in Norway

Posted by | Aug 22, 2007 | |

Through its subsidiary, Posten Logistik, Swedish Posten is expanding its operations in Norway. Approx. 700 distribution points where Norwegian consumers can collect packages which they have ordered are being established under the MyPack brand.

Through its new distribution network, Posten Logistik will provide companies with a powerful new alternative on the Norwegian market.

Posten’s target group is primarily larger distance sellers who require a strong partner for the entire Nordic market. The Norwegian consumers order goods from companies such as Ellos and Klingel. These goods are sent by Posten to Norway where the packages delivered to a distribution point near the customer.

In Sweden, Ellos sends approx. 3.5 million packages each year to its customers and is thus the country’s largest distance selling company. Ellos’ customer circle in Norway is large and constantly growing.

Posten has an agreement with ICA Norge which means that approx. 400 distribution points are being established in ICA’s and Rimi’s shops. Some 300 additional distribution points are also being established. Swedish Posten will thereby cover 92 pct of Norway. The total of some 700 distribution points being established by Posten will be visible under the MyPack brand.

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FedEx Expands Cross-Border Solutions to Facilitate Trade along Mexico-U.S. Border

Posted by | Aug 22, 2007 | |

FedEx Corporation announced today the expansion of the FedEx Transborder Distribution service for cross-border trade between Mexico and the U.S.

The enhanced solution provides importers and exporters with a portfolio of FedEx services designed to simplify cross-border trade and help their businesses flourish.

This expansion includes the recent opening of two border facilities ” one in Ciudad Juarez, Mexico, the other in El Paso, Texas ” to help facilitate the flow of goods.

With this expanded cross-border solution, FedEx looks to simplify the supply chain process by managing the transportation, brokerage and distribution of shipments that cross the Mexico-U.S. border on a regular basis, said Ed Clark, chief executive officer and president of FedEx Trade Networks. The vision is to create a single point of contact to facilitate the efficiency of the entire process.

This expanded solution will also help FedEx work hand-in-hand with maquilas and companies utilizing maquilas (or other duty-deferral programs) as part of their supply chain, so they can benefit from a simplified shipping and customs clearance process managed entirely by FedEx.

The FedEx companies have significant expertise with maquila operations and the procedures to remain in compliance with Customs regulations in the U.S. and Mexico.

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FedEx Corp. Board declares quarterly dividend

Posted by | Aug 22, 2007 | |

The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of USD 0.10 per share on FedEx Corporation common stock. The dividend is payable October 1, 2007 to stockholders of record at the close of business on September 10, 2007.

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eBay.ie & An Post introduce new e-Parcel Card

Posted by | Aug 22, 2007 | |

eBay.ie, the dedicated Irish eBay website, and An Post have joined forces to introduce a new pilot scheme to reward eBay sellers resident in Ireland.

The e-Parcel Card, which launches last 21 August 2007 and will be reviewed in April 2008, offers eligible eBay users favorable prices on national and international parcels weighing up to 5kg, sent using An Post. eBay users can make a saving of up to 45 pct on national parcels and 75 pct on international postage.

The new service is easy to use, free to join and open to all eBay users in Ireland who have a minimum feedback score of 90, with at least 98 pct positive.

Eligible eBay users can effortlessly sign up for the scheme by visiting www.e-Parcel.ie. Once registered, they will receive an e-Parcel Card, which they can produce at one of 1000 local automated post offices nationwide whenever they are sending an eBay parcel to allow them to benefit from the preferential pricing.

eBay.ie, which earlier in the year announced that it has over 500,000 CRUs (confirmed registered users) in Ireland, is partnering with An Post to reward its loyal and growing Irish user base.

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