Tag: Courier/Express/Parcels

DHL Launches “Virtual Warehouse” for US Importers

DHL today announced the launch of the DHL Danzas Air & Ocean Consolidated Distribution Service (CDS), a new service that allows customers to reduce brokerage fees and shorten delivery times for U.S. imports from Asia, Europe and Latin America. During the pilot stage of the service with U.S.-based customers, CDS reduced cycle times and improved time-to-market; eliminated warehousing and distribution center costs; and reduced inventory carrying costs and customs clearance costs for several large DHL shipping customers, while providing point-to-point tracking services. DHL is now offering the service to all high-volume U.S. importers looking to streamline their supply chain.

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TNT UAE targets 60 per cent on-line shipments by mid 2006

TNT Express aims to have 60 per cent of its UAE consignments booked through its on-line products by mid 2006 said Mark Pell, TNT’s Managing Director, Gulf. To use the system, customers require an active account with TNT’s on-line service ‘myTNT’ and an e-mail address to which confirmations can be sent. The email contains details such as booking reference, company name, where packages should be collected and the date and time the pick-up takes place. The system will be rolled out in Bahrain and Kuwait by November this year.

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Thailand: Federal Express upbeat over new business volume after new airport opens

Federal Express Corp expects the new Bangkok international airport will result in a large increase in the amount the international shipments but warns that the timeliness of the airport’s opening is critical, the Bangkok Post reports.
“I think everybody recognises that more delays would actually mean missed opportunities for the country. If you look around, the airport is a very key competitive factor especially in the economies of Southeast Asia, be it in Malaysia, Hong Kong or Thailand,” said Clifton Chua, FedEx managing director for Thailand, Indochina and the Philippines. “And Don Muang airport’s capacity itself is bursting at the seams.” FedEx like other international express couriers is banking on the new international airport, which is expected to begin commercial services in June next year.

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Bid speculation delivers red-letter day for UK Business Post

Troubled parcels group Business Post enjoyed a much needed boost yesterday, surging 13pc to 413.5p at one stage, on the back of takeover speculation. The shares have slumped from 652p since the company sounded a profits warning in September, and have been weighted down further by worries that the group is at risk of falling out of the FTSE 250 in next month’s quarterly reshuffle of the index. Yesterday, the shares ended the day up 35 at 400p. Rumours initially circulated that the group could be gobbled up by Deutsche Post, although sceptics said the German company already had its hands full with the acquisition of logistics group Exel. Traders then cited US delivery group FedEx as a potential predator, saying the two companies already have a partnership.
However, sceptics said that the bulls could just be trying to push the shares higher following the recent slump in the stock. They also added the stock was tightly held by the founding Kane family, and any takeover would need the family’s support.

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