Tag: Courier/Express/Parcels

Baltic Logistic System Lativa boosts revenues by 87 pct in 2005

Posted by | Mar 24, 2006 | |

BNS – Baltic Logistic System-Latvija (BLS), an express delivery company selling services under Bizpak trademark, last year boosted its revenues by 87 percent to 1.43 million lats (EUR 2.03 mln), but ended the year in the red, the company said. BLS board chairperson Julija Moreva declined to reveal exact loss figure for 2005, but said that the loss was due to large investments in the company. Moreva said that the number of express deliveries reached 671,000 last year, which is 1.75 times more than in 2004. Moreva said that last year had been good for the company and the positive results were thanks to Latvia’s accession to the European Union (EU), change in people’s attitude to outsourcing services, growth of the market in general, good company team work and the services which met business demands.

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FedEx gains more weekly flights to China

Posted by | Mar 24, 2006 | |

FedEx Express will now have the rights to operate three additional weekly frequencies to China, bringing its total to 26. With these frequencies, which were awarded by the US Department of Transportation, FedEx Express will maintain its leadership position with more all-cargo flights to and from China than any other US cargo airline. “FedEx saw the promise in China more than 20 years ago. China’s role in the global marketplace continues to escalate. In fact, China is expected to be the fastest- growing market for air cargo, averaging more than 10 percent per year between 2003 and 2023,” said Michael L. Ducker, executive vice president, International for FedEx Express.

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DHL France wins sustainable development award for Paris project

Posted by | Mar 23, 2006 | |

DHL France has gained a sustainable development award for its new city-centre B2B parcel delivery scheme in Paris. Since January, the express operator has been using a network of drop point machines in central Paris to deliver parcels. Business customers can then collect their goods at their convenience.

The Innovation Prize 2006 in the “sustainable development” category, which was awarded at the recent French transport fair SITL in Paris, was shared with the Paris city authority and Consignity, manufacturer of the self-service parcel machines.

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FedEx lifts its earnings target

Posted by | Mar 23, 2006 | |

FedEx increased its full-year earnings target and said the economic outlook remained stable, after announcing a 35 per cent rise in third-quarter profits.
The better-than-expected results were driven by strong growth in US ground deliveries during the busy Christmas holiday season and continued expansion in its international express business. FedEx has been among the best performers in the transportation sector during recent years as global trade increases and manufacturers and retailers shift towards just-in-time supply chains. Fred Smith, chief executive, said the world economy remained robust, and predicted US growth of 3.2 per cent during the company’s 2007 fiscal year, which begins in June. Mr Smith said FedEx remained on the lookout for acquisitions as the global transport and logistics industry consolidated. But he said the company would not be rushed into deals. “We’re not going to overpay for something because it simply destroys shareholder value and we need to make sure there is a great synergy,” he said.

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New career for Burtenshaw, Cramley retires

Posted by | Mar 23, 2006 | |

David Burtenshaw, chief executive of Lynx Express until its acquisition by UPS in 2005, is planning a new career in business advisory. Burtenshaw has been assisting the integration of the two companies. He will continue to be available as a consultant to UPS on an ongoing basis.

Alan Cramley has retired from the pallet sector after stints with Pall-Ex and most recently Fortec Pallet, where he was business development director.

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