Tag: Europe

An Post will get cash to open up the market

Posted by | Oct 22, 2006 | |

An Post is likely to be compensated if new competitors ‘cherry pick’ lucrative, highly-populated areas after the postal market is opened up to competition in 2009.

A European Commission Directive announced last week by the EU Internal Market and Services Commissioner Charlie McCreevy w ill expose An Post to the full rigours of competition in all sections of the postal markets in just over two years.

McCreevy sa id the directive would deliver ‘‘efficiency, quality, performance and profitability’’ to postal companies. European postal companies will be free to compete in the domestic letter market and deliver mail directly to the public.

But the government can impose a levy on new entrants to compensate An Post for losses arising from its legal obligation to deliver domestic mail to poorly populated areas, which are loss-making.

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Deutsche Post's Schimmelmann sells shares worth 5.57 million euro

Posted by | Oct 22, 2006 | |

Deutsche Postbank AG chief executive and member of Deutsche Post AG’s management board, Wulf von Schimmelmann, has sold a large portion of the shares he owned in Deutsche Post, fuelling speculation that he may step down prematurely, reported Focus magazine without citing sources.

The magazine said that Schimmelmann sold 268,000 shares in four separate tranches with a combined value of around 5.57 mln euro.

Deutsche Post could not be reached for comment on the report.

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Spanish express market forecast to grow 8.2% this year

Posted by | Oct 20, 2006 | |

Spain’s courier and parcels market is expanding rapidly, forecast to increase by 8.2% this year to euro6.6 billion following a 7% rise in revenues in 2005 and over 9% the year before.

The expansion is due to strong industrial output, the internationalisation of trade and an electronic commerce boom, say Spanish researchers DBK.

Business parcels overall grew 8.6% last year and industrial packages by 5.1%. International parcel deliveries were up, for the industrial sector by over 10% and the business sector by 8%.

Seur, MRW, DHL, Iberia TNT and MEX are the main players with a combined market share of almost half. Over 5,300 companies registered to collect and deliver mail, 7% up on 2004, according to the study.

“The most dynamic growth corresponded to business parcels, stimulated by good performance by the private sector,” the report says.

“Geographical coverage by the main players is growing all the time, the expansion often based on the development of franchise networks and alliances between operators.”

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Velocity News, October 2006

Posted by | Oct 20, 2006 | |

TNT in doorstep delivery revolution.
Ziegler takes the Eezehaul route.
Expressworld couriers present at birth.
Seabourne’s Dutch connections.
Promotions spot on-time.

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British Airways has launched a competition for new longhaul aircraft by issuing tender documents to aircraft and engine manufacturers.

Posted by | Oct 20, 2006 | |

Airbus and Boeing, and engine manufacturers, Engine Alliance, General Electric and Rolls Royce plus other key component suppliers, have been invited to bid. British Airways’ CEO, Willie Walsh, said: “For the past four years, we have grown capacity by using our aircraft more efficiently.

In order to continue to grow our longhaul business we now need additional longhaul aircraft. We remain committed to generating an economic return for our shareholders. Launching the competition highlights the need for us to address our GBP 2.1 billion pension deficit.

With a combination of firm orders and options, we are planning for both growth and fleet replacement into the next decade. Environmental performance will be one of the key criteria in our choice ensuring greater fuel efficiency, reduced noise and emissions.”

Walsh said that the first aircraft to be replaced are the 20 B747s and 14 B767s, which will be around 25 years old. Subject to the outcome of the RFP competition, orders are expected to be placed during next year. Aircraft being considered for the airline’s longhaul fleet are the A330, A350, A380 and B787, B777 and B747-8. www.ba.com

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