Tag: Courier/Express/Parcels

Empost signs for new courier system

UAE courier service Empost has deployed a courier and consignment tracking application from Avanza in a bid to improve efficiency.

The new core front post office system is designed to provide Empost with an end-to-end tracking capability, allowing the courier to follow a parcel from arrival in its system to its transfer to another courier service or the addressee. It also allows Empost staff to book and amend jobs, allowing comprehensive call centre functionality.

“Empost wanted to revamp its core postal front office system; the previous system was on an older technology,” said Muzaffar Jamil, regional manager at Avanza. “The project also included interfacing with multiple hardware systems for the front office, and handheld devices for the riders. The availability of the system is also very critical since Empost provides the main postal service across the UAE, and a small downtime can create a lot of problems.”

One of the requirements was to add Empost branding to the procuct, because Empost wants to project its experience to to other postal systems. “Empost also has mail rooms at external organisations, such as banks and government ministries, to facilitate the mail dispatches and pickups. This solution enabled Empost to extend its automation to these mail rooms resulting in central storage and reporting of consignments details and status,” said Waqas Mirza, project manager at Avanza.

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Malta privatizes postal company

The Maltese government said on Monday it was privatizing Maltapost, the Maltese postal company, transferring the majority shareholding to Lombard Bank Malta and floating 40 percent of the shares on the Malta Stock Exchange.

Public Investments Minister Austin Gatt said that the bank, which already has a 35 percent stake, will buy a further 25 per cent stake for 2.4 million euros. The remaining government shareholding will then be floated.

Maltapost currently enjoys a monopoly in addressed mail items of under 50 grams and is the biggest operator in the delivery of heavier postal articles. It has post offices all over Malta.

Lombard Malta is Malta’s third largest bank but accounts for only a tiny fraction of Maltese banking business with just four branch offices.

The Maltese banking sector is dominated by HSBC Malta and Bank of Valletta, but a Portuguese bank, the Banif group, recently announced plans to involve itself heavily in Maltese retail banking.

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TNT profit from continuing operations up 12.0 pct – 10.0 pct increase in group revenues

Group revenues increased by 10.0 pct in the second quarter to reach EUR 2,689 million. Operating income of EUR 330 million was slightly (-2.1pct) below last year’s Q2 mainly explained by some significant one-off items in last year’s numbers.

The profit attributable to shareholders was EUR 244 million, an increase over last year of 16.7 pct.

Strong revenue growth in Express (+14.1 pct) propelled the Group’s revenue increase. Our growth in international volumes remained strong at a solid double digit percentage, whilst domestic volumes developed slightly better than the market in general, at low single digit.

The integration of the Express acquisitions made good progress, with a marked service quality upgrade in India, the launch of a new truck fleet in China and better than expected results in Brazil. The operating margin of Express remained solid at 10.1pct, excluding the effect of acquisitions.

The trend in Dutch addressed mail volumes was ‘as expected’ (-3.5pct, day-count adjusted), with a favourable price/mix effect reducing the impact on revenues. Revenue growth in EMN was 33.3pct (37.0 pct for the half year). The operating margin decreased compared with last year in Mail overall, affected by one-off elements in Q2 2006 and higher start-up costs in EMN.

The 2007 interim dividend is set at 30 cents (2006: 26 cents), up 15.4 pct.

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UPS launches service from Incheon to Europe

The local division of UPS has announced the opening of its new direct flights between Incheon International Aiport and Germany’s Koln Bonn Aiport.

The new service, which will fly five times a week, began its first service Tuesday.

The cargo carrier marks the addition significant, as it is the first route service between Incheon and Europe and the largest jump in frequency that a foreign carrier has seen since the Incheon International Airport opened.

This new service is expected to find additional aircraft movements from 26 times a week to 31 times and the cargo traffic volume to rise to 36,000 metric tons a year.

“Cargo traffic between Incheon and Europe is 560,000 metric tons a year at 15 percent increase rate, and UPS’ diverse logistics operation will firmly establish a network connecting the two regions,’’ Lee Jae-hee, president and CEO of Incheon International Airport, said at the opening press conference.

The North Asia District Vice President of UPS Brian Cusson added, “Korean companies are looking for the most efficient and altruistic means of delivery for imports and exports to Europe. This new service is a show case of UPS’ efforts to meet the needs of customers which will allow UPS customers to benefit from the upgraded service.’’

Incheon International Airport, the second largest international cargo handling airport in the world, continuously grabs attention from global logistics companies.

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Aramex net profits surge 36 pct to AED 33.5 million (USD 9.12 million)

Aramex, announced that 2007 second quarter net profits climbed 36 pct to a record breaking AED 33.5 million, compared to AED 24.6 million for the same period in 2006. Revenues soared 21 pct to AED 438 million, from AED 361 million for the same period last year.

The results pushed Aramex’s 2007 half-year net profits up by 39 pct to AED 63.4 million, from AED 45.8 million for the same period last year. Revenues for the first six months of 2007 also registered a very strong 39 pct growth, jumping to AED 837 million, from AED 600 million for the same period in 2006.

Commenting on the results, Fadi Ghandour, Aramex’s Founder and Chief Executive Officer, stressed that the company’s impressive performance “demonstrates our solid leadership in our core markets. All our products are enjoying double digit revenue growth in the Gulf and we have been winning key accounts in the region’s logistics sector.”

Arab Emir. Dirham = 0.27229 US Dollar

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