Fiona Rice has been appointed brand manager for ANC Worldwide. She joined from Business Post where she held a similar role. Rice will be responsible for managing relations with ANC’s overseas partners.
Read MoreGerman mail and logistics company Deutsche Post said on Thursday second-quarter operating profit rose 21 percent, boosted by its DHL express and logistics units, and reiterated its annual goals. Earnings before interest and tax (EBIT) rose to 781 million euros (USD942 million) in the second quarter from 647 million euros a year earlier. Net profit rose 76 percent to 484 million euros. Deutsche Post reiterated that it expects 2005 operating profit of at least 3.6 billion euros as it benefits from continuing growth in world trade. That compares with full-year EBIT of 3.35 billion euros in 2004. Earnings this year benefit from the end of amortization under international accounting rules and a lower tax rate. Quarterly sales increased 4.4 percent to 10.96 billion euros from 10.5 billion in the second quarter of 2004. The company is investing USD1.2 billion in DHL in the United States, where it is vying for a larger share of the domestic market with FedEx Corp. and UPS.
Read MoreTo support its rapidly growing presence in China, UPS announced today that it has been selected as the Official Logistics and Express Delivery Sponsor of the Beijing 2008 Olympic Games. The agreement was signed today in Beijing in a ceremony hosted by The Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG). Under the agreement, UPS will provide logistics consultation and management to BOCOG, and assist BOCOG to develop and execute the logistics operating plan for the Beijing 2008 Olympic Games. UPS also will provide express delivery services to venues during the Games.
Read MoreTNT NV is expected Friday to report higher net profit over the second quarter, and announce details of a restructuring operation at its Logistics France division. TNT had earlier announced its intent to reorganise, but said it would give details during the second quarter earnings presentation. Net profit is expected to come in at the 211-221 mln eur range, from 210 mln eur a year earlier, with revenues rising to 3.34-3.39 bln eur, from 3.05 bln eur previously, according to analyst forecasts compiled by AFX News. Kempen & Co analyst Charles Estourgie expects the Mail and Express divisions will show sustained growth, but said focus should be at Logistics France.
Read MoreExpress delivery and logistics giant DHL opened its first Quality Control Centre (QCC) in Beijing yesterday. The QCC is the firm’s nerve centre, able to monitor all flight information and shipment movement data can be monitored as it happens, from the time a package is picked up from a customer’s home or office to the final delivery. The centre is DHL’s 11th such facility in the Asia-Pacific region.
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