Tag: Courier/Express/Parcels

Cargus banks on 45% rise in turnover

Posted by | Feb 1, 2007 | |

Cargus, the domestic and international courier company derived gross profit worth 2.1 million euros last year, down from the previous year’s figures, according to the company’s preliminary results.

“Compared with 2005, when we posted profit worth approximately 2.5 million euros and turnover amounting to 15.3 million euros, we witnessed a slight decline in 2006, due to the fact that we spent more on investments,” said Augustin Plesea, general manager of the company.

Last year Cargus invested 2.5 million euros in a car fleet, software programmes and promotional activities.

The company estimates turnover will rise this year to 29 million euros, a 45% increase from last year.

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DHL spearheads inaugural Young Entrepreneurs for Sustainability (YES) Awards 2007

Posted by | Feb 1, 2007 | |

DHL announced the launch of its Young Entrepreneurs for Sustainability (YES) Awards, an awards program dedicated to recognizing and celebrating social entrepreneurs in Asia Pacific who are making positive social impact in their communities to meet the UN MDGs.

The DHL YES Awards support social entrepreneurs whose work evidences commitment towards the achievement of one or more of the UN MDGs and will evaluate key elements related to leadership, innovation, social impact, the potential to expand and replicate their work else where, the sustainability of the initiative and challenges overcome.

The DHL YES Awards will be rolled out in five countries in Asia Pacific – Bangladesh, Pakistan, The Philippines, Singapore and Thailand. A national winner will be chosen from each of the five participating countries, and an Asia Pacific regional winner will be selected from the five national winners. Singapore will play host to the final awards ceremony to be held in the middle of the year.

In each country, an independent screening organization will review all applications and a jury composed of imminent national leaders in the social, development and business sectors will select the national awardees. The overall awards program has been endorsed by an international council of reputable members who will also select the regional winner.

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Japan's Sankyu signs agreement with Pos Malaysia

Posted by | Jan 31, 2007 | |

Major distribution company SANKYU INC. 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.

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Fonseca appointed COO for TNT Western European Business Unit

Posted by | Jan 31, 2007 | |

TNT Express has appointed Mark Fonseca as Chief Operating officer for it’s new Western European Business unit.

Fonseca has been with the company for almost 20 years in numerous positions and will take up the role with immediate effect. Foncseca will report to Chief Executive Donald Pilz and will handle activities in Germany, Benelux, France and Italy. The ‘Western European Business Unit’ is one of six new international business units strategically located worldwide. The other five are situated in UK/Ireland, Americas-Middle East-Africa, China, Australia & New Zealand, and International.

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UPS hits US 'bump in the road'

Posted by | Jan 31, 2007 | |

UPS has warned it faces a “challenging year” in the US as the slowing domestic economy puts the brakes on parcel shipments.
Shares in the group were down more than 3 per cent yesterday afternoon after it issued lower-than-expected earnings guidance for 2007 and said the year had started slowly in the US.
But Scott Davis, chief financial officer, remained “bullish” about the long-term outlook, predicting that the US slowdown would prove short-lived.
Mike Eskew, chief executive, said domestic weakness would be offset by continued strength in international business this year, predicting that global trade would remain robust.
Surging international shipments, particularly from Europe and Asia, helped lift fourth-quarter net profits by 7.5 per cent, in spite of weaker-than-expected US volumes in the peak shipping season before Christmas.
UPS has invested heavily in its international network over the past decade to take advantage of soaring cross-border trade and reduce dependence on the mature US market.
UPS is building a new Asian hub in Shanghai, China, and last year completed a Dollars 135m expansion of its European hub in Cologne, Germany, almost doubling capacity.
International revenues rose 10 per cent in the fourth quarter, compared with a 4 per cent increase in domestic business.

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