Tag: Europe

Reich predicts TNT sale flop

Dirk Reich of Kuehne & Nagel has predicted that TNT will fail to sell its Logistics division as a whole. There is little interest from trade buyers; investment sponsors are showing high levels of interest at present but they won’t, in the end, meet TNT’s price expectations, he says. TNT will then be forced to sell off the parts in pieces, with value depending on the speed of the process. Reich said that he thought there was a done deal between TNT and UPS, especially after the disposal of the French operations; but that was before TNT Logistics was advertised for sale. Reich said K&N would be interested only in elements in the Far East and in South America and he ruled out buying the strong UK or Italy units.

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PPA wins Postcomm price dispute

The PPA has won its battle with Postcomm over price controls for magazine delivery service Presstream. Postal regulator Postcomm is to keep the second-class system, Presstream 2, within price controls for a further four years. The removal of Presstream 2 would have significantly increased publishing costs and filtered down to printers, negatively impacting paginations and run lengths.
“This decision enables all subscription orientated magazine publishers to breathe a collective sigh of relief,” said PPA chief executive Ian Locks.

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DHL to leave Brussels earlier than expected

According to La Libre Belgique today, DHL could leave Brussels much earlier than anticipated (April 2008), because the works at Leipzig are nearing completion. The move out of Zaventem would be coupled with an early withdrawal of DHL from Cologne to Leipzig. According to Knack magazine dated 15 March, DHL would stop its activities at Cologne in September 2007, i.e. 3 months earlier than announnced, to move to Leipzig where extension works are progressing at high speed. DHL management has submitted new requests to the Belgian trade unions in order to leave earlier.

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Hermes Logistik increases German market share

German parcels carrier Hermes Logistik Group has achieved record revenues and volumes in the year ending February 2006, and has increased its share of the German CEP market. The Hamburg-based firm, which has agreed a strategic alliance with TNT, is meanwhile pressing ahead with plans for a European B2C network.

Hermes Logistik, a subsidiary of the Otto group, one of Europe’s largest mail-order companies, said it transported 213 million parcels and generated revenues of €908 million (€782 million net revenues) in 2005/06. Hermes carried 192 million parcels and had turnover of €710 million in the year ending February 2005.

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DHL Lithuania lifts FY revenue to Eur 13.7 mln

Lithuanian express delivery and logistics company DHL Lietuva posted revenue of 47.4 million litas (EUR 13.7 mln) for 2005, a rise of 47.7 percent from 32.1 million litas in 2004. The company said in a statement that it handled over 220,000 shipments in 2005. “We managed to capitalize on Lithuania’s growing economy and offered perhaps the widest range of logistics services to the market. Last year growth was particularly strong in cargo transportation by land and sea,” said DHL Lietuva CEO Mindaugas Utkevicius. He said the acquisition by Deutsche Post World Net of the UK logistics company Exel at the end of last year should give a further boost to the Lithuanian company’s operations.

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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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