Tag: Courier/Express/Parcels

UPS Bulgaria reports surge in incoming express deliveries

Posted by | Feb 8, 2007 | |

The Bulgarian unit of UPS said incoming shipments have posted a significant increase so far in 2007 with outgoing packages rising 20% year-on-year in January, said Zhana Toromanova, the UPS marketing manager for Bulgaria.

In synch with Bulgaria’s EU entry on January 1, UPS aligned its local product range to the pan-EU portfolio it offers in 27 member states.

The company started offering UPS Express Plus which guarantees delivery by 9 am the next business day to virtually all business areas within the country and in Europe; UPS Standard, a service for less urgent shipments with day-definite delivery; and UPS Expedited, a service for shipments to worldwide destinations.

UPS said the new services are expected to boost Bulgaria revenues by 15% in 2007. The company reported a 22% increase in revenues last year.

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UPS board boosts dividend

Posted by | Feb 8, 2007 | |

The Board of Directors of UPS citing its confidence in the company’s financial position and prospects for growth, today increased the quarterly dividend to USD0.42 per share from USD0.38 per share on all outstanding Class A and Class B shares.

The dividend is payable March 6, 2007, to shareholders of record on Feb. 20, 2007.

UPS now has increased its dividend five times in the past four years, doubling the quarterly payout from the USD0.21 per share declared in February 2003. UPS has either increased or maintained its dividend every year for more than three decades.

The Board also voted to increase to USD2 billion its authorization for the repurchase of Class A and Class B shares.

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First Canadian appointed to lead UPS Canada

Posted by | Feb 7, 2007 | |

UPS has announced the appointment of Mike Tierney as president of UPS Canada. As the first Canadian to be appointed to the position, Tierney will draw on his experience and knowledge of global commerce to drive performance and growth in the country.

Prior to his new position, Tierney led operations in a US district covering Arkansas, northern Mississippi and western Tennessee. He previously worked his way up through various management positions within UPS Canada.

Tierney replaces Glenn Rice, who has taken responsibility for UPS package operations in eight US states encompassing New York, New Jersey and New England, with over 44,000 employees.

Referring to his strategy for UPS Canada, Tieney said he aimed to help Canadian businesses to reach new markets and succeed in an increasingly competitive global economy. “Companies need to take advantage of the growing opportunities available through global trade,” he said. “By the year 2015, some 30% of global GDP is expected to be cross-border international trade. Yet a recent report from Industry Canada indicates only 1.4% of small businesses are currently targeting cross-border markets for growth.”

UPS Canada, with more than 8,000 employees, a fleet of 2,500 delivery vehicles and more than 1,000 service points, serves every address in the country and delivers Canadian packages to over 200 countries and territories.

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Argentina DHL Express opens three offices in Buenos Aires

Posted by | Feb 7, 2007 | |

DHL Express opened three new service centres in the Argentine capital Buenos Aires, local media reported on January 30, 2007.
Two of the service centres are in the shopping centres Buenos Aires Design and Alto Palermo, and there is also one unit in the Buenos Aires neighbourhood of Parque Patricios. The cost of the new units was not disclosed.
DHL Express announced that the opening of the centres is part of its strategy for Argentina, which also includes the expansion of its services to new areas within the country. DHL Express plans to invest USD11 mln (8.5 mln euro) between 2006 and 2011 in improving its door-to-door service in Argentina and covering 150 Argentine cities.
DHL Express also plans to expand its office in the U.S. embassy in Buenos Aires.
Currently DHL Express has a chain of 18 points in Argentina. There are 12 in Buenos Aires and six in the interior of the country, namely in the larger cities and industrial centres Cordoba, Rosario, Mendoza, Mar del Plata, Neuquen and Salta.
DHL operates in Argentina since 1947. DHL considers that the Argentine economy is performing very well and has recovered after the economic crisis in 2002, which is the main reason DHL wants to boost its investments in the country

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Japan's Sankyu signs agreement with Pos Malaysia

Posted by | Feb 7, 2007 | |

Major distribution company SANKYU INC. (TSE:9065) has struck a business cooperation agreement with POS MALAYSIA BHD, farming out pickup and delivery of parcels for the Sankyu Business Yu-Pack service in Malaysia to the postal service provider. Developed by Sankyu and Japan Post, the small-lot international door-to-door parcel delivery service for businesses is often used by Japanese firms to export parts and import textile products.

* With pickup and delivery offered only in limited areas in Malaysia, the service’s handling of parcels to and from that nation has remained at around 1 ,000 a month.

* Sankyu hopes the tie-up will boost the figure to 10,000 by the end of fiscal 2007.

SUMMARY

Japan’s Sankyu signs agreement to farm out pickup and delivery of parcels to Pos Malaysia

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