Tag: Courier/Express/Parcels

Hermes Logistik increases German market share

Posted by | Mar 16, 2006 | |

German parcels carrier Hermes Logistik Group has achieved record revenues and volumes in the year ending February 2006, and has increased its share of the German CEP market. The Hamburg-based firm, which has agreed a strategic alliance with TNT, is meanwhile pressing ahead with plans for a European B2C network.

Hermes Logistik, a subsidiary of the Otto group, one of Europe’s largest mail-order companies, said it transported 213 million parcels and generated revenues of €908 million (€782 million net revenues) in 2005/06. Hermes carried 192 million parcels and had turnover of €710 million in the year ending February 2005.

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DHL Lithuania lifts FY revenue to Eur 13.7 mln

Posted by | Mar 15, 2006 | |

Lithuanian express delivery and logistics company DHL Lietuva posted revenue of 47.4 million litas (EUR 13.7 mln) for 2005, a rise of 47.7 percent from 32.1 million litas in 2004. The company said in a statement that it handled over 220,000 shipments in 2005. “We managed to capitalize on Lithuania’s growing economy and offered perhaps the widest range of logistics services to the market. Last year growth was particularly strong in cargo transportation by land and sea,” said DHL Lietuva CEO Mindaugas Utkevicius. He said the acquisition by Deutsche Post World Net of the UK logistics company Exel at the end of last year should give a further boost to the Lithuanian company’s operations.

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Japan Post's planned JV with TNT to be delayed

Posted by | Mar 15, 2006 | |

Japan Post and Dutch mail and logistics giant TNT NV now expect the launch of their planned joint venture to be far behind the original schedule of April, Japan Post President Masaharu Ikuta said Wednesday. Last October, the two firms agreed to set up the venture in April to start joint express transport and delivery services in the Asia-Pacific region. It is uncertain when the two firms will be able to form the new firm, Ikuta told a news conference, adding that they will continue talks on the matter. Japan Post hopes the planned overseas business will be a major source of revenue, as it faces falling demand for its domestic mail service. In the talks on the joint venture, TNT has brought up many new proposals, Ikuta said.

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DHL names new head of Express France

Posted by | Mar 14, 2006 | |

Stéphane Corthier has been appointed managing director of DHL Express France in place of Olivier Diehl, who has left the company. Corthier had been head of sales, marketing and customer service for DHL Express France since 2003, and previously held the same post at Ducros Euro Express, the express firm acquired by Deutsche Post World Net.

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Deutsche Post hit by weak DHL Express US prospects

Posted by | Mar 14, 2006 | |

Deutsche Post, forecast flat operating profit for 2006 on Tuesday and gave a weak oulook for its DHL express division that sent shares sliding. The group said it expected 2006 operating profit at the express division to be unchanged from 2005, before an impairment loss on goodwill that brought the divisions profit down to just 11m last year. Shares fell 4.9 per cent to 21.65. Deutsche Post has grown through acquisitions, including of DHL and Airborne in 2002, to be the worlds largest logistics company. But it faces tough competition in the US from dominant rivals FedEx and UPS, and last month abandoned a target for DHLs US package delivery business to break even by the end of the year.

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