Tag: Courier/Express/Parcels

DHL acquires Disfast in Spain

Posted by | Feb 24, 2006 | |

DHL acquired the Spanish logistics group Disfast on December 5, 2005. Founded in 1990, Disfast is a small logistics company in the area of Madrid with a strong presence in the fashion industry at Madrid region. Specialized in the distribution of hanging garments mainly in and around Madrid, Disfast complements DHL’s domestic activities in Spain. The company has estimated revenue of 8 million euros for 2006, and serves over 200 customers with roughly 50 employees.

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TNT Q4 results likely to be overshadowed by logistics sale, tax issues

Posted by | Feb 24, 2006 | |

TNT’s presentation of fourth quarter results on Monday is likely to be overshadowed by possible news on the sale of its logistics division or the alleged tax irregularities at some of its subsidiaries, analysts polled by AFX News said. Net profit is seen at 147-165 mln eur, down from 191 mln after an exceptional charge for the sale of the French logistics division, and sales are expected to come in at 3.5-3.6 bln eur, compared to 3.6 bln under GAAP. EBIT is seen at 241-262 mln eur, from 349 mln. Speculation about a possible break-up of TNT is rife after management in December announced that its Logistics division is up for sale. ‘In a break-up scenario, we believe US express delivery companies FedEx and UPS with, for instance, La Poste France would be highly interested, from a regional point of view and for reasons of strategy – none of them would be pleased if one of their competitors snapped up TNT Express,’ said Van Lanschot analyst Geert Jan Hoppers. Rabo Securities analyst Philip Scholte takes a more cautious stance on possible news surrounding the Logistics sale. ‘We do not yet anticipate any concrete news of the Logistics activities besides qualitative remarks such as ‘enough interest’ and ‘we stick your our expectation of a small book profit’, said Scholte.

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UPS to open 3 retailing outlets in China in Q2

Posted by | Feb 24, 2006 | |

US United Parcel Service (UPS) plans to open three retailing outlets in China in Shanghai in the second quarter of this year. An executive for UPS told journalists that small and medium businesses accounted for about 30% of total Chinese clients of UPS and made great contributions to UPS’ profits. The three retailing outlets will provide services of collection and delivery of express mails as well as copy and bookbinding. UPS considers locating the outlets in CBD (central business district), hotels and neighboring universities. FedEx is also studying localization of retailing outlets and is set to march into the Chinese retailing market.

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Courier turf war with India Post hotting up

Posted by | Feb 23, 2006 | |

While the ministry of communications and IT is busy changing the Indian Post Office Act to wrest an exclusive monopoly over letters that weigh up to 500 gms, the Rs 4,000-crore private courier industry has demanded privatisation of all postal services in the country. The industry has drafted a Position Paper on the Post Office (Amendment) Bill which it has marked to President A.P.J. Abdul Kalam, Prime Minister Manmohan Singh, UPA Chairperson Sonia Gandhi and the Ministry of Communications and IT, with requests to reject the Bill’s unfavourable provisions. Amendments proposed by the government to the 108-year-old Post Office Act say that private couriers should pay Rs 10 lakh for registration and Rs 5 lakh for yearly registration renewal. Couriers with international activity are to pay Rs 10 lakh while domestic-only operators are to pay Rs 50,000 as per draft rules. The amendments also suggest a penalty of up to Rs 10 lakh for violations by private couriers, and seek to make senior management of courier companies responsible for wrongs committed by their employees.

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DHL Colombia reveals details on expansion

Posted by | Feb 23, 2006 | |

DHL Colombia announced on February 22, 2006 details on its expansion strategy in Colombia in 2006.

DHL Colombia’s strategy is concentrated on the expansion of its chain and the diversification and improvement of its services.

DHL Colombia plans to open five branches in Bogota, Barranquilla, Medellin and Cali. The company already operates 17 offices.

DHL Colombia’s sales rose 8.0 pct year-on-year in 2005 and the company aims to increase its sales by 17 pct year-on-year in 2006.

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