Tag: Courier/Express/Parcels

Internal report said SDS plagued with difficulties

Posted by | Jul 31, 2004 | |

An Post’s loss-making parcel division SDS has been suffering from poor sales activity, high absenteeism, poor credit control and a failure to implement change, according to a confidential internal report.

This week the company announced it was closing SDS and seeking 270 voluntary redundancies. Chief executive Mr Donal Curtin said SDS had become a serious drain on the company, losing 20 million in the last two years alone.

The report by consultants Paul Sweeney and Associates was commissioned by a joint management-union group and circulated internally last February. It warned that closing the division could have a negative impact on the industrial relations climate at An Post generally.

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Azkar H1 net falls to 8.9 mln eur vs 10.0 as rev grows 14.6 pct vs 10 target

Posted by | Jul 30, 2004 | |

Transportes Azkar SA said net profit declined to 8.98 mln eur in the first half to June 30 from 10.02 mln a year earlier, mainly as a result of lower one-time gains.

In a statement, Azkar said that despite the net decline, revenues grew 14.6 pct to 153.08 mln eur, beating the company’s target for 10 pct growth.

Revenue growth was driven by a nearly 10 pct rise in deliveries to 6.31 mln eur from 5.74 mln a year earlier, it said.

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FedEx seeks to add more flights to China

Posted by | Jul 30, 2004 | |

FedEx Corp. said Friday it has applied to add 18 new weekly cargo flights to China under a new Sino-US aviation agreement, including six to a new destination, Qingdao, a city of East China’s Shandong Province. FedEx now operates 11 flights a week between the United States and the Chinese cities of Shanghai, Beijing and Shenzhen, but it wants to more than double its operations to the mainland, Asia Pacific President David L. Cunningham said.

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