Tag: Courier/Express/Parcels

Japan Post expanding presence in parcel delivery market

Posted by | Jul 25, 2005 | |

Japan Post has been rapidly expanding its presence in the door-to-door parcel delivery business, especially since last October’s revamp of its Yu-Pack service. In fiscal 2004 ended in March, the state-backed postal entity accepted a record 214,688,000 parcels for delivery under the Yu-Pack service, far above the previous record of 184,720,000 set in fiscal 1970. Yamato Transport Co. is credited with the growth of the market for door-to-door parcel delivery services, by creating innovative and consumer-friendly services, including tie-ups with convenience store chains. Japan Post considers it imperative to reinforce its Yu-Pack business, as its mail delivery service continues to contract in the age of the Internet and mobile phone.

Read More

UPS eyes a UK-based acquisition

Posted by | Jul 25, 2005 | |

United Parcel Service is poised to make an acquisition in the UK, strengthening the US company’s position in one of Europe’s most fragmented package delivery markets. People familiar with UPS said the medium-sized deal could be announced as early as today, although they would not identify the British company involved. UPS declined to comment. The planned acquisition is believed to be in the package delivery sector, ruling out Exel, the large UK logistics group that has been linked with a takeover by UPS this year. The most likely candidates are all privately-owned companies, including ANC and Lynx Express.

Read More

UPS to acquire UK Lynx Express Ltd

Posted by | Jul 25, 2005 | |

In a move that will further strengthen its package delivery capabilities in the United Kingdom, UPS today announced an agreement to acquire LYNX Express Ltd., for USD96.5 million (GBP55.5 million) in cash. LYNX Express, one of the UK’s largest independent parcel carriers, is majority owned by the private equity firm Bridgepoint Capital (Nominees) Ltd. UPS expects to complete the transaction in the second half of 2005, subject to customary closing conditions. LYNX’s customers include some of the most recognised international brands across a broad range of industries, with company sales of USD295 million (GBP170 million) for the fiscal year ended Oct. 2, 2004.

Read More

Thailand: Delivery companies invest in facilities near new airport

Posted by | Jul 25, 2005 | |

Major express delivery companies are making huge investments at Suvarnabhumi Airport, which is expected to help make Thailand a new regional hub both for air travel and cargo, The Nation reports. The opening of the airport, scheduled later this year, and bilateral open-sky pacts with neighbouring countries are the most important factors behind the push. DHL predicts rapid expansion of its presence in Thailand after Suvarnabhumi Airport opens, with a plan to make its parcel and express service centre at the new airport six times larger than its existing facility at Don Muang airport. The new centre is part of DHL’s plans for expansion in the Asia-Pacific region with a total investment of USD1.4 billion (Bt57.3 billion). Investment in Thailand alone will amount to USD15 million. Meanwhile, FedEx has launched its new world service centre on King Keaw Road, about 10 minutes from the new airport, to serve customers in areas east of Bangkok. Netherlands-based TNT, the other major international player, plans to spend up to Bt4 million in 2005-2006 on warehouses and delivery centres throughout Thailand, said country general manger Winfried Kiesbueye.

Read More

FedEx Ground faces labor challenge from US contract drivers

Posted by | Jul 23, 2005 | |

Though FedEx was built on a cargo airline, its trucking business is now a big-time moneymaker and a tough competitor for its chief rival, UPS. The argument centers on the more than 14,000 drivers of those trucks with the purple and green “FedEx” on the side that make thousands of stops each day at homes and businesses across America. The drivers are independent contractors who own the trucks, pay all operating costs and get no company benefits. But drivers in Tennessee, California, Massachusetts, Minnesota, South Dakota and elsewhere are suing FedEx, arguing that the company skirts worker protection laws by refusing to hire them as employees eligible for overtime pay, health insurance, workers’ compensation and other benefits. They also want to be reimbursed for back operating expenses and lost benefits.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest