Tag: Courier/Express/Parcels

Business Post launches its own drop-box system

In what could turn out to be a landmark development, Business Post has started marketing its own drop-box system for unattended deliveries. The company is thought to be the first mainstream UK parcels carrier to have taken this step, although others such as Royal Mail have experimented with box systems of various kinds, and Hays had its own extensive network of box banks for deliveries to field staff (it was later sold to ByBox). The Business Post system is based round the Canadian-developed eBox range, for which the company has become the exclusive UK distributor. eBox consists of individual boxes (they come in three sizes), which are placed directly outside the recipient’s business or home. Business Post is targeting both business and consumer markets with the eBox, although business users are initially seen as the prime potential users.

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Bring it on home to me

Two-man home deliveries are on the increase as home shopping flourishes and products get more unwieldy. But it takes a special range of skills to get it right. Two-man operations remain a small percentage of the home delivery market – some say just 2 per cent, other 5 to 10 per cent – but it is growing at an impressive rate.

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GeoPost expands into Bosnia Herzegovina

GeoPost has continued its expandion across the Balkans by launching its DPD road express network in Bosnia Herzegovina through a joint venture with Austrian dcompany Lagermax. The company is now also opoerational in Bulgaria thanks to a jv between its Turkish arm, GeoPost Yurtici Kargo Servisi, and local courier City Express.

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Sorting FedEx’s US Mail

Still seething from losing lucrative U.S. Postal Service business in 2001, passenger airlines want FedEx Express to pony up information about its postal contract.

The airlines want the Department of Transportation to demand FedEx segregate mail volume from freight data. The Bureau of Transportation Statistics requires airlines to submit volume and revenue data about what they carry, including mail. Airlines and airports use the data for planning purposes and as fodder when they bid to carry USPS cargo. But Memphis-based FedEx, which carries more than half of the U.S. domestic mail, lumps the mail it carries in with its “freight” category on its quarterly reports to the BTS. Given the large volume of freight FedEx carries, BTS and passenger airlines say the aggregate number is meaningless when it comes to parsing out Postal Service information.

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KfW ups volume of Japanese bond exchangeable for Deutsche Post shares

KfW, the state-owned bank used as a privatisation vehicle by the German government, said Monday it would increase the volume of its five-year Japanese bond exchangeable for shares in the semi-privatised German postal service Deutsche Post to 1.1 billion euros (1.4 billion dollars).

The bond, a so-called Uridashi bond which is debt issued by a non-Japanese borrower in Japan in a currency other than the yen, “met with overwhelmingly positive interest from retail investors in Japan, KfW said in a statement.

“We had announced a target size of 500 million euros. With a final transaction size of 1.1 billion euros, our expectations have clearly been exceeded,” said KfW chief Hans Reich.

The bond matures on February 3, 2010, and will pay an annual coupon of 0.5 percent.

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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.

 

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