Tag: Courier/Express/Parcels

DHL to offer combined transport services

Posted by | Jan 5, 2005 | |

DHL Express is planning to break into the market for trans-European combined shipping and rail transport services. The company is planning to operate a rail connection between Lubeck-Travemunde and Verona in collaboration with Lubecker Hafen-Gesellschaft (LHG), the company that operates Lubeck harbour. The train will run twice weekly and will allow around 130,000 tonnes of goods to be transferred from the roads to the railways while in transit between Scandinavia and southern Europe.

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Baltic Business Logistic System – Latvija boosts sales by 50pct in 2004

Posted by | Jan 5, 2005 | |

Baltic Logistic System-Latvija (BLS), an express delivery company selling services under Bizpak trademark, may have operated at some 1 million euros or some 703,000 lats sales in 2004, up some 50 percent on 2003, when the sales were 463,000 lats, the company reported. BLS would not reveal the expected profit or loss figure for 2004. In 2003 the company was 238,000 lats in the red.
BLS said the number of entities using express delivery services is constantly growing in Latvia, pushing the number of deliveries last year up almost two times on 2003. For 2005 the company expects surge in domestic deliveries “amid growing understanding on market of benefits provided by delivery services”. Sufficient growth is expected for international deliveries as well.

All in all though BLS expects slower growth in 2005 than in 2004.

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TPG completes repurchase 20.7 million shares from the State of The Netherlands

Posted by | Jan 5, 2005 | |

TPG N.V. announces the completion of the repurchase of 20,7 million ordinary shares by TPG from the State of The Netherlands as announced 29 September 2004. Today the payment and transfer of the second and last tranche of 13.1 million shares took place according to plan for a price of EUR 19.74 per share. The purchase has been made using operational cash flows. TPG intends to cancel the 20.7 million shares repurchased following the Annual General Meeting of Shareholders on 7 April 2005. As a result of the sale of share to TPG as well as the private placement of 57 million ordinary shares on 29 September 2004 by the State – in total representing approximately 16 percent of the outstanding share capital – the holding of the State in TPG is now reduced to approximately 19 percent.

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Joint-venture logistics company scores 50 pct growth in China

Posted by | Jan 4, 2005 | |

DHL Sinotrans, a joint venture between the world’s top express delivery company, DHL, and China Foreign Trade Shipping Group, posted a year-on-year growth of more than 50 percent in its business on the Chinese mainland last year. By the end of 2004, DHL Sinotrans had increased the number of its subordinates nationwide from the year-earlier level of 50 to 56, covering 300-plus Chinese cities. Dr Klaus Zumwinkel, chairman of DHL’s German parent company, said that in May 2004 DHL Sinotrans started domestic express delivery business in China, becoming the first international logistics companies to do so in the country.

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