Tag: Courier/Express/Parcels

China's ZJS Express upgrading ahead of Hong Kong IPO

Posted by | Aug 30, 2006 | |

ZJS Express Co Ltd, a Beijing-based private courier service, is upgrading its operations and management prior to an initial public offering planned for the second half of 2007 in Hong Kong, said company chairman and president Chen Ping.

ZJS Express plans to raise up to 200 mln hkd via its Hong Kong listing but prior to going public is investing in new technology and doubling its branch network.

After the company completes its restructuring and listing, it will significantly narrow the gap in operational quality with major global players who have entered the Chinese market, Chen told XFN-Asia in an interview.

‘The international express firms currently have weak networks in China and operate on higher costs compared with ZJS. We should take this opportunity to further sharpen our competitive edge,’ he said.

ZJS Express’ volume is expected to increase from more than 35 mln items in 2005 to about 50 mln this year, according to Chen.

Earlier this year, the company said that it plans to invest around five mln yuan to expand its network, increasing the number of outlets to over 800 across the country from more than 400.Among measures to improve operational efficiency, the company will separate its contract logistics operations for corporate customers — 40 pct of its revenue — from services provided for individuals. It will also increase administrative staff at its Beijing headquarters by 52 pct to reinforce management, said Chen.

Chen said the firm will also implement personal digital assistants (PDA) and in coming months buy more equipment including automated picking and sorting systems, logistics vehicles and roll containers.

‘We are not short of money for these two years (2006 and 2007). In addition, we will soon obtain additional funds for future development from the Hong Kong IPO,’ said Chen.

The company had a net profit of around 60 mln yuan last year on total revenue of about 600 mln yuan.

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DHL starts work on new Chicago service centre

Posted by | Aug 30, 2006 | |

DHL has announced it has broken ground on a new, modernized service centre operation near O’Hare International Airport in Chicago, IL. DHL will invest USD 7 million in the new 78,960-sq.-ft facility, which will serve DHL’s local pickup, delivery and sorting operations. The new DHL Chicago service centre is expected to be operational by early 2007.

This is the second recent major facility investment by DHL to enhance operations in the Chicago area. In September 2005, DHL opened a new 70,000-sq.-ft facility on West Cermak Road serving the Chicago loop area and providing pickup and delivery services for DHL’s largest customers in the financial, legal, and banking industries. The new airport area facility will feature new, state-of-the-art conveyors and sorting systems to process a higher volume of customer shipments more quickly throughout the Chicagoland.

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DHL wins national contract for Sainsbury's TU fashion brand

Posted by | Aug 30, 2006 | |

DHL Exel Supply Chain has been awarded a GBP 37 million, five-year contract with J Sainsbury plc, for the provision of warehouse services for the “TU” fashion clothing range. The adult clothing range has been managed by DHL Exel Supply Chain since 2004, and the children’s range was included in operations from May 2006. DHL Exel Supply Chain, through its Department Stores & Fashion division, will now manage UK warehouse management operations for the entire clothing TU range at Sainsbury’s Fashion Business dedicated 20,000 sq m facility in Coventry until November 2009.

The DHL Exel Supply Chain operation will incorporate the receipt and storage of Sainsbury’s adult and children’s clothing ranges to the central Coventry warehouse. Pre retailing services which makes garments ready for store includes store picking, conversion from boxed to hanging garment and onward transportation to 200 stores nationwide. Retek RDM, a new warehouse management system, was installed into the Coventry site in June 2006 which has helped to enable a smooth transition.

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DHL expanding in Pattaya

Posted by | Aug 30, 2006 | |

The express and logistics company DHL has opened its second retail branch in Thailand in Pattaya.

The opening of the Pattaya branch follows the good response to the launch of the first retail outlet in March on Silom Road in Bangkok’s central business district, said Herbert Vongpusanachai, the managing director of DHL Express International (Thailand) Ltd.

He said the opening of the Pattaya outlet, located at Thip Plaza on Pattaya II Road, would ensure that the company was well-positioned to support customers’ needs with its internationally recognised service reliability.

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DHL Mexico releases its new air network, an investment of more than 200 million pesos.

Posted by | Aug 30, 2006 | |

DHL, the world’s leading express delivery and logistics company, announced all details concerning its new Air Network that will begin operations this week. The initial investment in 2005 was more than 140 million pesos. It is expected to increase to a total of 230 million pesos by 2007.

The decision to make this improvement is due in part, to the maintained volume growth that the company has registered within the last 15 months, which is more than 40 percent on shipments that require air routes.

With this evolution, DHL will fly about 3.1 million kilometers every year which add up to more than 6,200 flight hours. Annually, DHL will have the capacity to handle more than 4.8 million kilograms of packages; approximately 2 million kilograms more than the ones handled before the implementation of the new air network.

There will be 6 daily domestic flights, featuring new generation aircrafts. This will mean a great benefit for the clients who desire to make shipments from or towards the following destinations: Hermosillo, Ciudad Obregon, Ciudad de México, Ciudad Juarez, Chihuahua, Monterrey, Villahermosa, San Luis Potosí, Mazatlan, La Paz, and Guadalajara.

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