Tag: Courier/Express/Parcels

Geber firm ‘working on possible deal’ to buy TNT

Posted by | Nov 10, 2005 | |

TNT was yesterday the subject of renewed takeover speculation after a German private equity investor said he was trying to form a consortium to bid for the company. Cornelius Geber told the FT: “I can confirm that through my [private equity] company, CG Beteiligungs AG, we are currently working on a possible deal [to buy TNT].” He said he was in talks with at least two financial investors and at least two strategic buyers, which had expressed interest in a joint approach for TNT. “We have not yet decided who to go with,” he said, adding that his plan was at an early stage.

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DHL expands Hong Kong superhub

Posted by | Nov 10, 2005 | |

DHL announced an additional USD110 million investment to expand its Central Asia air express hub at the Hong Kong International Airport. The center of DHL’s regional network, the Central Asia SuperHub is being built six years ahead of schedule to meet soaring demand, the company said. The flagship facility, serving the Pearl River Delta manufacturing center, “is strategically positioned for us to meet the growth in intra-Asia, as well as inter-regional trade,” said Scott Price, chief executive, DHL Express – Asia Pacific. The expansion was originally scheduled for completion in 2013.

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Amtrak customer messenging

Posted by | Nov 10, 2005 | |

Home delivery parcels specialist Amtrak has taken a leaf out of the gift market and now allows customers to have a message printed on the outside of its parcels. Customers ente the message when booking a parcel delivery online an it is printed within a box on the bar-code label.

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Poor start to South Africa’s bid to regulate courier firms

Posted by | Nov 9, 2005 | |

Only about 5% of the thousands of courier companies that should have applied for licences under new regulations have done so, according to estimates by the South African Express Parcel Association. This signals a poor start to government’s efforts to regulate the industry. Companies transporting items that weigh less than 30kg had to apply for licences by May under new regulations introduced mainly to protect the Post Office from unfair competition. The Postal Regulator was expected to issue the first batch of licences at a ceremony on Friday. Garry Marshall, executive director of the association, said yesterday that all the large operators such as Fedex, DHL, TNT and Sun Couriers had applied for licences. They account for about 80% of the industry, which has turnover of more than R6bn a year.

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TNT to introduce first ever express road service between UAE and Iran

Posted by | Nov 9, 2005 | |

TNT Express today announced it will introduce the first-ever express road service between the United Arab Emirates and Iran this month. The new route – which forms part of TNT’s recently announced plans to expand its Middle Eastern Road Network (MERN) – is set to run every Sunday, Tuesday and Thursday, from Sharjah (UAE) to Bandar Abbas (southern Iran). “Iran has consistently featured as a top ten destination in the Middle East. With this new offering we anticipate the business to double in the next twelve months,” said Bryan Moulds, UAE Country Manager, TNT Express.

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