Tag: Courier/Express/Parcels

Perfect landing by Deutsche Post; EBIT 3.9 billion euros

Posted by | Feb 22, 2007 | |

Deutsche Post World Net completed the business year 2006 according to plan: With a 2.9 percent rise in EBIT to 3.87 billion euros, the Group met the forecast communicated to the capital markets. In the previous year, EBIT totaled 3.76 billion euros. Consolidated revenue grew by 35.8 percent to 60.5 billion euros. In 2005, it amounted to 44.6 billion euros excluding Exel, which was acquired in December of that year.

Deutsche Post World Net’s board of management proposes to increase the dividend for 2006 to 75 cents per share after 70 cents per share in the previous year.

In addition to a major rise in revenue and improved EBIT, the figures for the business year 2006 that were released today showed a decrease in consolidated net income of 14.3 percent to 1.92 billion euros. One reason for this decrease was that the Group reduced its stake in Postbank to 50 percent plus one share during the past year. As a result, a proportionately smaller share of net income is attributable to Deutsche Post stockholders. In 2005, net income after minorities totaled 2.24 billion euros. Earnings per share for the past fiscal year fell 19.6 percent to 1.60 euros. In the previous year, it was 1.99 euros.

Corporate divisions

In spite of competitive and substitution pressures, the traditional corporate division MAIL slightly increased its EBIT for 2006 from 2.03 billion euros in 2005 to 2.05 billion euros. The EXPRESS division is now on the right track following a loss of 23 million euros in 2005 and the now initiated turnaround in the U.S.: In 2006, EBIT totaled 325 million euros. Excluding costs for the new hub in Leipzig, which were moved forward to 2006, the result would have been higher by a mid-double-digit million euro amount. In the LOGISTICS corporate division, EBIT rose to 762 million euros, more than double the level of 346 million euros in 2005. FINANCIAL SERVICES also met the guidance of more than 950 million Euro EBIT. In the previous year, EBIT was 863 million euros.

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TAT Express is new trans-o-flex partner for France and strengthens European network

Posted by | Feb 21, 2007 | |

Trans-o-flex, the express delivery specialists, have gained TAT Express as their new partner for the French market in their European distribution network EURODIS. Beginning this month, TAT Express is delivering all France-bound trans-o-flex shipments. TAT Express puts trans-o-flex into a stronger position in the second-largest logistics market in Europe. In existence for 31 years, the French company employs 1,300 people, has annual sales in the region of EUR 143 million and transports about 14 million shipments. Since 2005 it has ceased to be a subsidiary of La Poste and is owned by a private investor and the management. Klaus J. Heinz, trans-o-flex CEO, on the new partner: “TAT Express is perfectly suited for a partnership with us, as our systems are very similar: high quality, the ability to carry parcels as well as pallets, use of the shipment concept, high competence in IT and the possibility to shift hazardous goods shipments in large quantities safely and reliably.”

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FedEx CEO: We don’t hedge

Posted by | Feb 21, 2007 | |

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FedEx CEO Fred Smith said at the recent Energy Security Leadership Council conference that FedEx does not hedge its energy buying, but incorporates energy prices into the rates it sets on customers. The last three or four years, that has meant raising rates, he said.

“We don’t hedge. We don’t try to beat the market,” Smith said. “We simply pass it along.”

Smith also said FedEx’s staff economist projects a 2.7% GDP for 2007 and 2.9% GDP for 2008. “There’s definitely not as robust an economy this year as there was last year,” Smith said.

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Denver to receive four FedEx Express hybrid electric delivery trucks

Posted by | Feb 21, 2007 | |

FedEx Express introduced four hybrid electric medium-duty trucks into service in the Denver metropolitan area. Sen. Ken Salazar (D-Colo.) joined FedEx to unveil the vehicles at a press conference at a FedEx Express facility in downtown Denver.

Salazar, a member of the Senate Energy and Natural Resources Committee, is a leading voice in the U. S. Senate calling for alternative energy solutions to reduce dependence on foreign oil, enhance national security, protect land and water resources, and create new jobs throughout America.

The FedEx Express hybrid, developed in cooperation with Environmental Defense and Eaton Corp., will deliver cleaner and healthier air and reduce climate change impacts.

The introduction of the FedEx Express hybrid vehicles is part of an innovative alliance that began in 2000 between FedEx and Environmental Defense to create the next generation of cleaner, more fuel-efficient delivery trucks. FedEx became the first company to begin converting its medium duty truck fleet to hybrid vehicles for commercial use.

Including Denver, FedEx operates a total 93 hybrid vehicles in cities such as New York, Tampa, Sacramento and Washington, D.C.

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DHL reveals plans for massive investment in Middle East

Posted by | Feb 20, 2007 | |

To mark the 30th anniversary of its presence in the Middle East region, Dr. Klaus Zumwinkel, Chairman and Chief Executive Officer of Deutsche Post World Net, has announced the Group’s growth strategy for the region at a press conference held in Dubai.

He revealed that DHL is set to expand its operations at Dubai World Central by more than 300,000 square metres over the coming years. He also announced that his company will invest significantly into expanding its presence at the new Dubai Logistics City (DLC).

The expanded facilities build upon the existing footprint of 85,000 square metres in the Jebel Ali Free Zone, which is operated by Danzas AEI Emirates. The group’s logistics entity, which represents the DHL Global Forwarding and Exel Supply Chain businesses in this region, recently announced two additional signing agreements. The first is on 30,000 square metres at the new Cargo Village Jebel Ali Airport forwarding area with an option for a further 15,000 square metres. It has also secured an additional 155,000 square meters in the DLC’s specialised contract logistics area with an option for another 78,000 square metres.

Meanwhile DHL Express plans to further invest in a new air integrator hub facility on a 50,000 square metre plot at the new World Central Airport in Jebel Ali. This hub facility will complement DHL’s existing infrastructure network and provide long-term growth capacity to its Middle East air/road distribution model.

The investment by DHL is an important step in the development of the express and logistics sector in the region. It will increase the level of competition in the region, and direct competitors will be examining their own investment strategies in light of DHL’s moves.

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