Tag: Courier/Express/Parcels

Integrator shares rocked by financial sector turbulence

Posted by | Oct 17, 2008 | |

Shares of Deutsche Post World Net, TNT, UPS and FedEx have been hit dramatically in recent weeks by the turbulence in world financial markets but also by clear signs of a slowdown in the international express business. The outlook for the forthcoming weeks and months remains uncertain.

Since the start of September, TNT shares have fallen nearly 40pct, DPWN shares have dropped 37pct, FedEx shares are down 20pct and UPS has declined 19.5pct, according to CEP-Research analysis. Since the start of 2008, DPWN is down 57pct, TNT is down 44.9pct, UPS has fallen 25.3pct and FedEx has dropped 23.1pct.

“Integrator shares have clearly been impacted by the general slump on the world stock exchanges. But investors also appear nervous about how the economic slowdown will affect the express and parcel sector,” commented Mark Winkelmann, managing partner of ITA Consulting, the CEP-Research parent company. “There are certainly widespread indications of customers downtrading from expensive air express services to cheaper and slower economy products. It is unclear however whether this is a short-term or a longer-term trend.”

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Speedpost 'Next Flight Out' service launched

Posted by | Oct 17, 2008 | |

Hongkong Post introduced a new Speedpost service: the “Next Flight Out” (NFO) service, which offers speedy delivery to major Asian and European cities the same day at the earliest.

The “Next Flight Out” service has been jointly developed by Hongkong Post, Cathay Pacific Cargo and RPX Limited to offer customers a personified speedy courier solution for delivery of their highly time-sensitive items.

The Speedpost “Next Flight Out” service is available to designated areas including the Asian cities of Singapore, Taipei, Manila, Penang and Kuala Lumpur, and three European cities – Paris, Amsterdam and London. Customers can make postings at 10 dedicated post offices including the General Post Office and Tsim Sha Tsui Post Office, or they can choose Hongkong Post’s pick-up service for posting before the cut-off time. Items posted under “Next Flight Out”‘ will be put on the earliest flight available to ensure the shortage waiting time for conveyance.

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UPS Sets 2009 Rates

Posted by | Oct 17, 2008 | |

UPS released new list rates for 2009, including an average increase of 5.9 percent for UPS Ground packages and an average net increase of 4.9 percent on all air express and U.S. origin International shipments.

UPS Freight announced a general rate increase of 5.9 pct for 2009.

The rate increase for air express and international shipments is based on a 6.9 percent increase in the base rate, less a 2 percent reduction in the air and international fuel surcharge index.

The new rates will take effect on Jan. 5, 2009.

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time:matters opens branch offices in Italy and Norway

Posted by | Oct 16, 2008 | |

time:matters is continuing to pursue its internationalisation strategy with the opening of two additional foreign branches in Italy and Norway.

The new branch offices are located at Milan and Oslo and both focus on the international time-critical spare parts logistics which the company sees as a growth segment within the logistics industry. time:matters is especially targeting customers from the medical technology, high-tech, engineering and automotive industries in Italy and Scandinavia due to the steadily growing need for customised solutions in all logistics segments.

The logistics provider is now represented in seven European countries, and also operates a branch in Singapore which is responsible for activities and customer relations in the Asia-Pacific region.

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FedEx to support growth in Catalonia with Airbus 310 flights

Posted by | Oct 16, 2008 | |

FedEx Express has incorporated an Airbus 310 into its Spanish fleet, operating between Barcelona and Paris four days per week.
The new Airbus 310 replaces two feeder flights that previously operated to Paris’ Charles de Gaulle airport and increases capacity by up to 25 tons.
The flights, which have been operational since Sept. 15, reduce the transit time of heavy shipments using the International Priority Freight service by up to a day from more than 119 postal codes in Spain.
FedEx Express investment in Barcelona is the result of business growth in the region.
The Catalonian region is a major driving force behind business growth in Spain and an important gateway to Europe and the rest of the world, thanks to its key geographical location.

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