Tag: Courier/Express/Parcels

Royal Mail a global also-ran, claims rival

Royal Mail has left it too late to become an international business, the chief executive of its main rival said yesterday.

Peter Bakker, head of TNT, the Dutch postal business, said that it would be difficult for Royal Mail to catch up after years of expansion by other operators such as his own company, Fed-Ex and DHL.

Royal Mail has one international business, a European parcels operation, while its rivals are active across large parts of the world.

TNT said yesterday that it would accelerate its moves into developing markets such as China, India and Brazil. The group, which now deals with one billion items of UK mail a year, believes that it can provide infrastructure and mail services as the postal market develops on the back of strong industrial growth. Last year, international businesses contributed 75 per cent of TNT’s EUR10 billion (GBP6.7 billion) revenues.

Royal Mail hit back, saying there was not as much competition in comparable countries as there was in the UK, where the market was fully liberalised.

Mr Bakker also gave warning that TNT could quickly double its UK market share if Royal Mail lost its VAT exemption. The European Commission is investigating whether it is permissible for incumbent mail operators to be exempted from VAT by their governments when rivals have to charge the tax.

Mr Bakker said that TNT would be able to secure more lucrative contracts if it were able to compete on level terms with Royal Mail.

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Spain's MRW grows revenues 9%

Spanish express company MRW said its revenues grew to EUR 564 million in 2006, over 9% higher than the EUR 517 million it posted in 2005.

MRW also announced it has continued its network expansion by opening a new branch in Seville.

The new outlet, in Bollulos de la Mitación, is the 32nd MRW has opened in Spain since the beginning of last year – at a rate of over one a fortnight – taking its total number of franchises in Spain, Portugal, Gibraltar and Andorra to 768.

MRW now has 34 in Seville province, 12 of them in the city. Earlier this month, it announced new branches in Murcia and Toledo. It also has 39 logistics distribution platforms totalling around 90,000 sqm, 10,500 staff, 5,000 vehicles and three aircraft.

The company is celebrating its 30th anniversary this year and has used the occasion to upgrade its corporate image.

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Geodis – financial statements 2006

– Revenue up 5.3%
– Operating profit up 25%
– Attributable profit up 50%
– Dividend up 11%
– New ambitions for the period to 2009
The Board of Directors of Geodis, chaired by Pierre Blayau, met on 26 February to approve the 2006 financial statements.

(a) Adjusted in accordance with IAS 8
(b) Like-for-like growth (at constant exchange rates, based on a comparable scope of consolidation and income statement presentation): 4.6%

A robust performance in France combined with sustained growth in Germany, Eastern Europe and Asia fuelled a 5.3% increase in consolidated revenue in 2006. This was the third consecutive year of around 5% revenue growth.

Operating profit rose 24.6% to €106.4 million, representing 2.8% of revenue. Operating profit in France includes the reclassification in operating expense of the €2.0 million standard minimum corporate income tax, as well as the reimbursement of €7.9 million in VAT paid on motorway tolls in prior years.

The Europe region (excluding France) came close to break-even with an operating loss of just €0.5 million, reflecting the ongoing recovery in Italy where operating losses were limited to €3.6 million, and the improved situation in the United Kingdom.

Results in Spain were adversely affected by the problems encountered by the groupage network and by the €4.8 million in impairment charges recognized on intangible assets.

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TNT Express launches 'Mobile Worker' in Bahrain and Kuwait

TNT Express has launched its ‘Mobile Worker’ communication units in Bahrain and Kuwait which enable drivers to send and receive delivery information in real-time through one hand-held scanner.

Introduced as part of a global strategy for its worldwide delivery network, the ‘Mobile Worker’ units enable high speed wireless communication of large quantities of data between depots and drivers.

“Mobile Worker” consolidates seven different communication systems into one unified and multi-functional solution and enables customers across the world to track their shipments in less than five minutes of pick up or delivery. This is particularly useful for those operating time critical businesses.”

“By implementing a ‘single system’ solution, TNT can deploy this technology across its network without the need to install and maintain a server infrastructure in each country. This will help create savings of up to 70 per cent,” added Gamal.

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DHL invests in express centers

DHL is investing USD3mil to reinforce its operations in Brazil, specially in expanding the express centers collecting / delivering units. DHL Express Americas subsidiary has scheduled USD70mil – USD80mil investments in the region, of which USD5mil to enlarge the international terminal at Panama. Joakim Thrane, president DHL Express Brazil, says 15 express centers are to be set at costs of USD1.5mil. The Brazilian filial operates via hiring aircraft from third parties.

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