Tag: Courier/Express/Parcels

Turning 100, UPS eyes future growth

Posted by | Aug 3, 2007 | |

As UPS Inc. celebrates its 100-year anniversary later this month, it now is a USD 4 7 billion businesses with a fleet of trucks, an airline and operations in 200 countries.

Increasing competition for delivery of goods has meant the company has had to broaden its global reach and expand its business beyond small package delivery to shipping heavy freight and providing logistics services for companies.

But even as the Internet has made it easier to send, receive or download items electronically instead of paying a service to deliver them, the breaking down of trade barriers has given shippers like UPS overseas opportunities they haven’t had in the past.
These days, the U.S. small package delivery market has slowed along with the economy. As a result, UPS has been increasingly looking beyond U.S. borders for business, offering faster delivery to worldwide destinations. International growth has helped the company’s bottom line.

Last month, UPS reported a 4.1 percent rise in second-quarter earnings on a modest increase in sales. The company’s shares, on an adjusted basis, are up more than 14 percent over the last year.

A century from now, Chief Executive Mike Eskew expects that delivering small packages will still be an important part of the Atlanta-based company’s business, but he isn’t sure it will be the largest part. In 2001, the company expanded its services by acquiring the Mail Boxes Etc. chain. Most of the stores were later renamed The UPS Store.

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Snail mail postal service still popular

Posted by | Aug 3, 2007 | |

E-mails, short messaging and multi-media messaging services may be the in thing these days but they can never replace the humble stamp.

In fact, the use of snail mail, as the postal service has become to be known these days, has actually increased in the past decade.

Pos Malaysia managing director Datuk Idrose Mohamed said between 3mil and 3.5mil letters were distributed daily.

This was higher than the average two million letters it delivered daily 10 years ago.

“During the festive season, the number of letters can increase to up to five million,” said Idrose.

He said the sale of stamps contributed to about 63 pct of the company’s revenue. The other income was derived from services such as PosLaju and PosExpress.

Idrose was speaking to reporters after the launch of a collection of Negri Sembilan Royal Heritage Stamps by the Yang Di-Pertuan Besar Tuanku Ja’afar.

The event was held in conjunction with the ruler’s 85th birthday celebration and 40th year of reign.

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Deutsche Post World Net boosts revenue and earnings

Posted by | Aug 3, 2007 | |

Deutsche Post World Net concluded the first half of 2007, boosting both revenue and EBIT. Consolidated revenue rose by 5.4 percent to 30.9 billion euros, fueled by the contributions of all divisions in the Group. EBIT increased by 9 percent to 1.7 billion euros. Before non-recurring items, the increase totaled 12.4 percent.

The earnings growth was fueled by the LOGISTICS and EXPRESS divisions. “The LOGISTICS division continued its strong earnings growth, and the EXPRESS division made major progress,” Klaus Zumwinkel, the Chairman and Chief Executive Officer of Deutsche Post World Net, said at the half-year press conference in Bonn. For the entire year, the Group continues to expect a positive business development. “We can confirm our guidance that the underlying EBIT will total at least 3.6 billion euros for the entire fiscal year of 2007,” Zumwinkel said. During the first half, consolidated net profit after minorities totaled 784 million euros, an increase of 7.1 percent over the same period last year. Earnings per share were 65 cents, compared with 61 cents. In the second quarter, consolidated net profit climbed 13.1 percent to 285 million euros. Earnings per share rose to 24 cents from 21 cents, accordingly. Thus, growth of the consolidated net profit outpaced growth in revenue and EBIT. On a quarterly basis, revenue climbed 6.5 percent to 15.4 billion euros, and EBIT totaled 703 million euros, a jump of 9.5 percent over the same period last year.

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China Post opens new domestic air express hub at Nanjing

Posted by | Aug 2, 2007 | |

China Post has started operations at its new air express hub at Nanjing in eastern China ahead of schedule in its latest move to defend its leadership of the domestic express market and expand its international activities.

Its airline subsidiary China Postal Airlines launched flights to and from Nanjing Lukou airport in mid-July even though construction of new taxiways and parking aprons as well as the main express handling building is not expected to be completed until end-August, the Xinhua news agency reported.

China Post announced on August 1 that its 12 cargo planes are operating to and from Nanjing. Once the hub is fully completed, China Post plans to operate 20 cargo planes at the airport and handle about 40,000 tonnes of express shipments a year there.

China Post officials claimed that the express hub will be the largest and most modern in Asia, and will enable it to speed up express services within the country. It will be composed of a freight terminal for postal night planes, modern sorting and distribution equipment, and customs and security facilities. The hub will handle and distribute domestic and international EMS items arriving at night, and complete within four hours all the processes of loading, sorting, security checking and customs clearance.

As well as upgrading domestic air express services, China Post has been gradually expanding international operations. China Postal Airlines launched flights to South Korea (Seoul) and Japan (Osaka) last year.

In July, China Post and Japan Post sealed a bilateral agreement on express services, including wider international express services between the two countries, and opening the way for Japan Post to buy into a China Post subsidiary.

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Adobe to drop FedEx Kinko's link

Posted by | Aug 2, 2007 | |

After a wave of criticism from printing companies and others, Adobe Systems Inc. said Wednesday it will remove a link on new software to FedEx Kinko’s.

San Jose, Calif.-based Adobe said its Reader and Acrobat software scheduled to be released in October won’t have the link.

The prominent button was introduced in June, enabling electronic transfer of documents directly for printing at FedEx Kinko’s stores. It was criticized by Kinko’s competitors who feared it would hurt them.

Adobe said it didn’t expect material revenue from the link, so it “will have little to no impact on Adobe’s financial results.”

A version of Adobe Reader will still be available from the FedEx Kinko’s Web site that contains the link.

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