Tag: Courier/Express/Parcels

Global courier groups may sue over India post changes

Posted by | Apr 25, 2006 | |

Global courier companies including DHL and Federal Express will take legal action against India’s postal authority if it succeeds in winning amendments to the country’s postal laws that they fear could shut down some courier businesses. The courier companies said they were “shocked and surprised” by what they called “dramatic changes” proposed by India’s department of posts, which wants to create a new postal regulator and charge a levy on courier company revenues to pay for publicly run services to remote areas. The postal department is also seeking to redefine what constitutes a “letter” in a long-heralded reform to India’s 108-year-old postal service laws. This would in effect impose a state monopoly on the fastest growing segment of the courier industry. An executive of the Express Industry Council of India (EICI), which represents both private Indian and foreign courier operators, said the body would fight these proposals “all the way”, following a fiery meeting on the subject yesterday in Mumbai.

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APX fallout claims more

Posted by | Apr 24, 2006 | |

More third-party firms in the package market tied to the U.S. Postal Service are folding their tents, hit hard by trends that drove the giant parcel consolidator APX Logistics out of business. DDU Express and Parcel Corporation of America were the latest victims, pushed aside in recent weeks as the large express carriers ramped up their own versions of mail consolidation services. APX was the largest 3PL using USPS for delivery – claiming to put a million packages each day into the hands of postal carriers – before it abruptly collapsed at mid-March. APX had been in a line of business with lots of competition and low pricing. A market analyst said APX also used a number of smaller firms as subcontractors, and some that were already struggling with tough market conditions were reeling as they lost their APX business.

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TNT Express celebrates 60 years of successful delivery 1946 – 2006

Posted by | Apr 24, 2006 | |

TNT Express today announced the 60th anniversary of the company’s first operations, which began in Australia in 1946. Delivering 3.5 million parcels, documents and pieces of freight every week to over 200 countries across the world, TNT Express reported profits of 474 million euros in 2005. When the company was first established with a single truck in Australia at the end of the Second World War, TNT Express made a profit of eight dollars per week during the first few months of trading, hauling timber, glass bottles, cement and soil. “Evolving from a small Australian enterprise into a globally recognised brand which employs 48,000 people across the world is a great achievement. With the on-going development of new customer-focused services and additional air and road routes that offer unlimited capacity, we are confident that TNT Express will maintain its success over the next 60 years,” said Marie-Christine Lombard, Group Managing Director, TNT Express.

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Business Post begins trial of parcels by rail

Posted by | Apr 24, 2006 | |

Business Post Group PLC has begun using rail to move parcels from the English Midlands to Scotland. Rail freight carrier English, Welsh & Scottish Railway said in a statement that Business Post had begun an eight-week trial of its services to send parcels from Walsall in the West Midlands to Aberdeen every night. EWS said the parcel carrier is cutting costs by using trains as buying rail capacity on its services is cheaper than using lorries and avoids road congestion. The rail freight firm said it already has a contract with Business Post’s rival DHL.

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US agency approves USD300m bond issue for DHL

Posted by | Apr 22, 2006 | |

The Dayton-Montgomery County Port Authority on Friday approved the issuance of UD300 million in tax-exempt airport revenue bonds for the DHL air freight hub expansion in Wilmington, capping a nearly twoyear financing ordeal. The approval allows the port authority to reimburse DHL Worldwide Express for about USD200 million it has spent on construction at the former Airborne Express hub.
It follows the settlement of a lawsuit last month by the Clinton County Port Authority that had kept DHL’s financing in limbo since December 2004. DHL is relocating its air freight hub operation from Cincinnati/Northern Kentucky International Airport to Wilmington.

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