Tag: Courier/Express/Parcels

UPS Romanian arm eyes 20 per cent H/H rise in H2 turnover due Nov, Dec peak months

Posted by | Oct 17, 2006 | |

Trans Courier Service (TCS), the Romanian agent of U.S. delivery company United Parcel Service (UPS), said on Tuesday it expects its turnover to rise by 20 per cent in the second half of the year, compared to the first six months, because of higher number of orders in November and December. The authorised UPS service contractor for Romania, Trans Courier Service (TCS) did not provide turnover figures.
TCS reported a 30 per cent year-on-year rise in its first-half net profit. Its turnover rose by 25 per cent on the year in the first half, the company said.
UPS’ competitors in Romania include TNT Romania and DHL International Romania.
The Romanian international delivery market is estimated at around 50 million euro (USD63 million).

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DHL unveils new USD3.6 mln logistics centre in Shanghai

Posted by | Oct 17, 2006 | |

Looking to bolster its market share in Asia’s booming cargo transport market, logistics giant DHL today inaugurated a new USD3.6 million plant in the Waigaoqiao Bonded Logistics Zone (WBLZ) in Shanghai. The new plant, which will function as a logistics centre, forms part of DHL’s USD315 million investment strategy for China, and brings the firm’s current investments in the country to USD30 million.

DHL Global Forwarding will also invest an additional USD20 million in China over the next few years to boost the company’s network infrastructure, human resources development, and range of products and services.

The new plant brings the number of facilities DHL operates in the WBLZ, which is China’s largest bonded logistic zone, to nine.

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DHL agrees to buy 49 percent stake in Polar Air Support Services

Posted by | Oct 17, 2006 | |

DHL, the express delivery arm of Deutsche Post, has agreed to buy a 49 per cent stake in US-owned Polar Air Cargo to strengthen its presence in the trans-Pacific parcel and freight markets.

The deal represents a challenge to UPS and FedEx, the US express delivery groups, which currently dominate the tightly regulated market between Asia and the US.

DHL has a large parcel network in Asia and is also investing heavily in the US but before yesterday’s deal it lacked its own air capacity between the two markets.

Demand for trans-Pacific express delivery services is increasing sharply as trade between the US and China soars.

In return for its Dollars 150m investment in Polar, DHL will secure guaranteed capacity on the airline’s routes across the Pacific for up to 20 years.

“This key strategic partnership ensures we can meet the rapidly rising demand for air cargo capacities between the US and Asian destinations,” said John Mullen, chief executive of DHL’s express division.

UPS and FedEx each have more than 20 weekly flights between the US and China and the routes have become a powerful source of growth.

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Postal services must face challenges from private players

Posted by | Oct 17, 2006 | |

Chief Post Master General (PMG) of Maharasthra and Goa, K NoorJehan said that the postal department needs to focus its energy in building a strong consumer base, in the face of tough competition from unregulated players such as the courier servcies. She was addressing members of the staff, after the Secretary, Government of India, Director General, Department of Posts and Chairman, Postal Services Board, Jyotsna Diesh, dedicated a new EMS Speed Post Centre, near Santacruz Airport on the western suburbs today.

On the occasion, Diesh said that Mumbai being the financial nerve centre of the country, it was important for the department to create a seperate space for speed post sevrices, which finally took shape.

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UPS Romanian arm eyes 20per cent rise in H2 turnover

Posted by | Oct 17, 2006 | |

Trans Courier Service (TCS), the Romanian agent of U.S. delivery company United Parcel Service (UPS), said on Tuesday it expects its turnover to rise by 20 per cent in the second half of the year, compared to the first six months, because of higher number of orders in November and December.
“This rise is based on the bigger volume of orders that we expect in the second half, having in mind that November and December are peak months in UPS operations,” UPS country manager for Romania, Vasile Cretu, said in a statement.
The authorised UPS service contractor for Romania, Trans Courier Service (TCS) did not provide turnover figures.
TCS reported a 30 per cent year-on-year rise in its first-half net profit. Its turnover rose by 25 per cent on the year in the first half, the company said.

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