Tag: Courier/Express/Parcels

Plans for GCC freight forwarding company outlined ahead of UPU Strategy Conference

Plans for the development of a unified GCC express mail and freight forwarding company, which will assimilate key individual players from the region, were outlined today at a media briefing for the Universal Postal Union Strategy Conference which is being hosted by Emirates Post in Dubai for the first time.

Speaking at the pre-event briefing for the conference, which opens today (14th November) till 16th November with more than 700 delegates from across the globe, HE Sultan Saeed Al Mansouri, Minister of Communications and Chairman of Emirates Post, said that plans for the creation of a unified entity, Gulf Express, are at an advanced stage.

‘GCC countries have been combining efforts to unify services by producing new products for express mail and by seeking to establish a GCC freight forwarding company. We hope to see something materialise in the near future,’ he said.

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DHL opens B825m facility

DHL, a leading international express and logistics company, has invested 825 million baht to develop its regional logistics hub at Suvarnabhumi Airport.

It was five times larger than DHL’s former facility at Don Muang International Airport, he added.

Maximum handling capacity had also increased 30% to more than 23,000 shipments per hour (15,000 documents and 8,000 parcels) or six million shipments per year, noted Mr Price.

He expected 65% of shipments at the new facility to be delivered within Asia-Pacific and 20% to be transported between Europe, the Middle East and Asia. The rest would move between the United States and Asia.

Indochinese countries have seen healthy economic growth in the last decade. For example, trade value between Thailand and other countries in Indochina had increased 40% to 190.30 billion baht in 2005 from around 135.93 billion baht in 2004, said Mr Price.

He said DHL expected to enjoy a two-digit growth rate in Thailand again this year as the political situation and the stronger baht had not affected its businesses.

DHL would continue to invest in infrastructure improvement in Thailand in order to retain its market share of 50% in the local market, said Mr Price.

The market value of the logistics industry in Asia-Pacific is expected to grow to 47.58 trillion baht in 2020 from 25.62 trillion baht at present.

Asia would continue to lead the global air-freight industry with an average annual growth rate of 10.8% and air-express volume would double in comparison to other kinds of air transport in 2020, said Mr Price.

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DHL abandons Blue Dart buyback plan as stock soars

DHL Express Singapore, which bought out domestic courier company Blue Dart in ’04, has backed out from its decision to buy back the balance 19% of Blue Dart’s equity held by minority shareholders. The buy back would have resulted in delisting of Blue Dart Express from the BSE. DHL has decided to scrap the process, because the price of Rs 950 per share arrived through the reverse book-building, was much higher than the company’s offer price of up to Rs 550 a share.

In Blue Dart’s case, it is believed that institutional investors, who hold a significant chunk of the outstanding 19% equity, were unwilling to tender the shares at Rs 550, as they expect the organised logistics business to grow rapidly over the next 4-5 years.

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Packaging For The Environmentally Motivated Consumer

PaperNuts.com is pleased to announce the launch of its broad line of environmentally friendly packaging products featuring PaperNuts. PaperNuts products are perfect for use by shippers and packagers who are looking to reduce environmental pollution and take an earth friendly stance.

The new and novel PaperNuts® based on proven European technology are welcomed by the vast majority of people who open packages, who are frustrated by the annoyance and inconveniences of static cling and waste associated with polystyrene shipping nuts also known as packing peanuts . Many package shippers are equally frustrated by the contamination of their work and receiving areas caused by plastic loose fill and the dust it generates. commented Jonathan Gropper who is part of the team introducing PaperNuts.com to the US and Canadian markets. Mr. Gropper further added: The mission of PaperNuts.com is to produce effective, useful packaging products for use by shippers and consumers in order to reduce environmental pollution without sacrificing safe product shipment and storage. Other products available at PaperNuts.com include: Recycled Kraft Paper, and Gray Bogus paper.

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Online shoppers get the one o’clock Friday feeling

Friday lunchtime is the most popular time of the week for online “Work shopping” as people take advantage of Internet access in the office and start the weekend early, Royal Mail research revealed today.

Nearly two thirds (65 per cent) of online shoppers who have access to the Internet at work admitted they are likely to buy during the week – and 1pm Fridays is the most popular time with one in eight placing an order.

The research also revealed that ‘Work shoppers’ tend to spend more online, with an average of GBP725 spent on goods bought via the Internet in the first eight months of the year, compared to the national average of GBP609.

The research is released as IMRG (Interactive Media in Retail Group), the industry body for online retailing, today launched its Internet Shopping is Safe campaign, which includes a guide to effective, convenient and safe Internet shopping.

Royal Mail’s study also found that other popular weekdays for ‘Work shopping’ are Mondays and Wednesdays, as employees use online shopping to deal with the post-weekend and mid-week blues. This reflects additional research findings that show 60 per cent of Internet shoppers work full-time with 51 per cent having Internet access at work.

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