Tag: Courier/Express/Parcels

FedEx unveils expanded operations centre in Taiwan

Posted by | Nov 28, 2005 | |

FedEx unveiled an expanded operations centre near Chiang Kai-shek (CKS) international airport outside the Taiwanese capital of Taipei Monday.
The new operations centre is nearly three times larger than the previous one and can sort 4,000 packages per hour, twice as many as before, according to FedEx. FedEx said the launch of the new centre proved the company was not withdrawing from Taiwan while moving its regional operations centre from Subic Bay in the Philippines to Guangzhou in China.

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China’s Sinotrans to buy stake in local courier for 360 mln yuan

Posted by | Nov 28, 2005 | |

Sinotrans Air Transportation Development Co Ltd (SHA 600270) is expected to acquire a controlling 51 pct stake in Shanghai STO Express Co Ltd for 360 mln yuan, The Economic Observer reported. The newspaper cited unnamed sources as saying that the two companies have signed an agreement which is pending approval by the State-owned Assets Supervision and Administration Commission.
Officials at both companies declined to comment.

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DHL Express opens terminal in Gdansk, Poland

Posted by | Nov 25, 2005 | |

DHL Express opened a new parcel terminal in Gdansk, northern Poland, it was reported on November 25, 2005. DHL Express invested 3.3 mln euro (USD3.9 mln) in the Gdansk parcels sorting and processing centre, which is the fifth one opened in 2005. The terminal is expected to process 15,000 parcels per day.

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DHL Express expects USD35 mln revenue in Argentina 2005

Posted by | Nov 25, 2005 | |

DHL Express expects revenue in Argentina to grow by 20 pct year-on-year to USD35 mln (29.7 mln euro) in 2005, DHL Express chief executive for Argentina, Sergio Del Casale, said on November 25, 2005. DHL Express projected 15 pct year-on-year revenue growth in Argentina in 2006, reflecting the strong performance in the small and medium-sized enterprises (SMEs) sector. Argentina’s express delivery market totals some USD70 mln (59.5 mln euro) annually.

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Nightfreight rings the changes

Posted by | Nov 24, 2005 | |

Nightfreight (GB), which announced a secondary buy-out in July 2005, has reported a 9.8% increase in turnover to £112.4m for 2004—but operating profit was down by more than 47%.
Its IDW Overnight business accounted for £86.5m of turnover in 2004, down 0.6%
The logistics business accounted for £19.6m of turnover, a 26.6% increase on 2003’s £15.5m. The Deliver2Home business made £6.3m turnover in its first year of operation.

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