Tag: Courier/Express/Parcels

DHL sees 45pc increase in China freight revenue

Posted by | Apr 8, 2005 | |

DHL Express expects China-related revenue to grow at least 45 per cent this year as more mainland manufacturers shift to producing high-technology commodities such as electronics and computer peripherals, according to a senior company executive. Scott Price, the new chief executive for Asia Pacific, said the company’s China sales grew 50 per cent to 60 per cent last year as it moved the greatest share of the mainland’s international express cargo, which analysts say is expected to reach USD1.2 billion this year. “We are very confident that our calculations on China market share are correct and we think we’re No1 at 40 per cent,” Mr Price told the South China Morning Post. “The fact that we are growing at these extraordinary levels reflects China’s move to more hi-tech manufacturing than it has ever produced before.”

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TPG’s Annual General meeting of shareholders held in Amsterdam

Posted by | Apr 7, 2005 | |

The Annual General Meeting of Shareholders approved today the statutory name change of TPG NV into TNT NV. As a result of the reference to the shares of the group, listed on the Amsterdam, New York, London and Frankfurt stock exchanges, will be TNT. The AGM re-appointed Mr JHM Hommen as member of the Supervisory Board. Following the announcement on 24 March 2005, Mr Hommen has succeeded Mr M Tabaksblat as chairman of the Supervisory Board at the closing of the AGM. The AGM appointed Mrs G Monnas and Mr S Levy as new members of the Supervisory Board. TNT also launched its new corporate website at www.tnt.com/group to reflect the name change.

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Dutch TNT Express to complete Spanish network via acquisitions

Posted by | Apr 7, 2005 | |

TNT Express, a unit of the Dutch mail, express and logistics company TPG NV, currently seeks takeover opportunities in Spain in order to complete its network in the country, TNT Express management board member Marie-Christine Lombard said at the annual TPG general shareholders’ meeting of TPG on April 7, 2005.

According to TNT Express, Spain is one of the fastest growing markets in Europe.

At the meeting, TPG shareholders approved the statutory name change of TPG NV into TNT NV. The meeting also approved the reduction of TPG issued capital through cancellation of the shares, repurchased from the Dutch State. TPG bought back 20.7 million shares from the State for a total of some 400 mln euro (USD515.6 mln).

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Four largest package-delivery carriers in US 2004

Posted by | Apr 7, 2005 | |

Here are revenue and market-share figures in the ground business segment for the four largest package-delivery carriers in 2004:

Here are revenue and market-share figures in the ground- business segment for the four largest package-delivery carriers in 2004: Figures are in thousands

Revenue Market Share
UPS $17,409,000 73.3%
FedEx $4,265,000 18%
USPS $1,242,096 5.2%
DHL $819,000 3.5%
Total $23,735,096 100%

Figures are in thousands

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TNT aims for home turf of China Post

Posted by | Apr 7, 2005 | |

Domestic express and direct mail advertising are two moneymakers critical to China Post, which has been eager to dominate them in the Chinese market through a new postal act under revision. Ken McCall, chief executive officer of TNT China, announced in Shanghai on March 30 that the company would start a first step toward its direct marketing plan in China since April 2, sending 5 million questionnaires in Shanghai, the engine of the nation’s economy. Its intention was to collect consumer information for products and services aimed at some industries. China Post is now challenged whether to lose the vast DM market to TNT, a world leading provider of express delivery services, logistics supply chain solutions and mail services, after greatly exploring the document delivery market in the country.

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