Tag: Courier/Express/Parcels

TNT projects fast growth in Brazil

Posted by | Mar 22, 2007 | |

After the acquisition of Brazilian express company Mercúrio in January 2007, TNT wants to accelerate its growth in Brazil. With 100 depots and around 6,000 employees, Mercúrio offers TNT a pole position for its South American growth strategy.

“TNT is aiming for double digit growth in Brazil as the domestic express market booms. TNT becomes the first express services company in this country to offer both domestic and international deliveries,” said TNT’s chief executive officer Peter Bakker in São Paulo.

TNT’s group managing director express, Marie Christine Lombard, added: “Orders from TNT’s global customers will boost Mercúrio’s activities in Brazil. Conversely, Mercúrio opens us the doors of another dynamic economy. The acquisition of Mercúrio fits into TNT’s strategy of becoming number one in emerging markets.”

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Charles Graham appointed as new Global CEO for Aviation, DHL Express

Posted by | Mar 22, 2007 | |

DHL has announced the appointment of Charles Graham as the new Global CEO for Aviation, DHL Express and as a member of the company’s Global Express Management Board. He succeeds Terry Nord, who will retire from DHL after eight successful years of managing growth for DHL’s global aviation services.

Based in Bonn, Germany, Mr. Graham will be responsible for all aspects of DHL’s aviation activities, in particular leading the strategic development of DHL’s global aviation network to both drive and support the Company’s growth plans.

Mr. Graham has had a distinguished career in the global express and aviation industry, and most recently was CEO of AWAS (formerly known as Ansett Worldwide), a position he assumed in 1997 until 2006. AWAS is one of the world’s leading aircraft leasing organizations, boasting a fleet of 180 aircraft and conducting business in some 80 countries.

Under his leadership, AWAS successfully went through significant strategic changes and growth, including the integration of the company and the former Morgan Stanley Aircraft Finance in 2000, and its eventual sale to private equity in 2006. AWAS was originally a joint cooperative venture between TNT and News Corporation before becoming an independent operating company in 1999.

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FedEx profit declines to USD 420 million as demand drops

Posted by | Mar 22, 2007 | |

FedEx Corp. said quarterly profit fell for the first time in three years and cut its earnings forecast for this quarter because of a slowing U.S. economy.

Net income for the fiscal third quarter dropped to USD420 million, or USD1.35 a share, from USD428 million, or USD1.38, a year earlier as winter storms damped shipping demand, FedEx said today in a statement. Revenue rose 7 percent to USD8.59 billion.

FedEx pared its outlook for the quarter ending May 31 by 5 cents a share and said it may miss its annual earnings growth target of 10 percent to 15 percent. The U.S. economy grew at a 2.2 percent annual rate in 2006’s final quarter, less than half the pace at the start of the year.

Slower economic growth is particularly hurting results at FedEx’s Express parcel delivery and Freight trucking units, the company said. FedEx said earnings growth this year may fall short of the company’s 10 percent to 15 percent target unless the U.S. economy accelerates.

FedEx hadn’t reported a lower year-over-year quarterly profit since November 2003.

Operating profit fell 12 percent at FedEx Express, which makes up almost two-thirds of the company’s sales, as economic weakness and bad weather curbed demand for shipping, the company said. Earnings were also pared when FedEx reduced the fuel surcharge it levies to offset higher fuel expense.

Smith is expanding FedEx’s trucking, international and retail businesses to give shippers more options than at rival United Parcel Service Inc. and smaller trucking firms.

Revenue at FedEx Ground, the company’s parcel delivery business and second-largest unit, grew 12 percent to USD1.5 billion. Operating profit rose 5 percent to USD196 million.

FedEx Freight, the third-largest unit by revenue, had a 32 percent decline in operating profit on slowing demand and costs of integrating last year’s acquisition of Watkins Motor Lines.

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Kraft selects exel to provide warehousing services in Brazil

Posted by | Mar 22, 2007 | |

Exel, an important part of DHL Logistics in the Americas, has been selected by international food and beverage company Kraft Foods to provide warehousing services for the company’s ambient and temperature-controlled products in Brazil.

Exel will provide yard management, inventory control, invoicing, shipping, lot control, receiving, storage and scheduling services at Kraft distribution centers in the Brazilian cities of Louveira, Sao Paulo, and Araucaria, Parana.

The new locations opened in late 2006 and employ more than 280 from the Louveira and Araucaria areas.

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APC On Course For Record Profits

Posted by | Mar 21, 2007 | |

The Essington based privately owned company has reported that its figures will show continued growth with record revenue and profits. This will accelerate its planned investment in IT.

Quentin Abel Managing Director commented “Naturally I am delighted at these record figures but most importantly our service levels at 99.8% have been confirmed again which is excellent news for the customer and underpins the reason fro our success”.

APC has enjoyed an average of 35% growth since it was first established in 1994.

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