Tag: Europe

TNT successfully placed benchmark Eurobond of GBP 450million

TNT N.V. announces that it has successfully placed a benchmark Eurobond offering of GBP 450 million due August 2018. The bonds have been priced at an issue price of 99.33 per cent and a coupon of 7.500 per cent with settlement on the 14th August 2008. The GBP 450 million proceeds have been swapped into EUR 568 million with a coupon of 7.14 pct and a maturity of 14th August 2018.

BNP Paribas and HSBC acted as lead managers for this issue. The bonds will be listed on Euronext Amsterdam by NYSE Euronext.

The proceeds of the transaction will be used for general business purposes.

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Red Parcel Post reportedly set to build main German hub

Red Parcel Post, the prospective German parcel market entrant, is all set to start work on its EUR 130 million hub in eastern Germany, according to media reports. The launch of the start-up parcels carrier has been repeatedly announced and then postponed in recent years.

Regional radio station MDR reported that the company will start construction of a large logistics centre on an 860,000 sqm area of land in Stegelitz, between Leipzig and Magdeburg, within the next six weeks. The company already gained building permission one year ago but construction was delayed due to complex technical preparations for the logistics centre, MDR reported.

Red Parcel owner Walter Hellmich told the radio station that the company would make the logistics centre into its hub for distribution across Germany and to neighbouring European markets. Operations would start in mid-2009, creating about 260 jobs, he said.

In the past, Hellmich, head of the Hellmich construction group, has said that the start-up B2B parcels company would build about four logistics centres, operate a fleet of up to 800 delivery vans and aimed to carry about 35 million parcels a year. The company originally planned to launch in 2007 but has repeatedly postponed its market entry, leaving observers sceptical about its plans.

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DHL appoints Hans Hickler as CEO of DHL Global Customer Solutions

DHL announced the appointment of Hans Hickler as Chief Executive Officer for its Global Customer Solutions (GCS) organization, responsible for the customer relationship management of the group’s largest customers worldwide.

Hans Hickler will play a key role in continuing to maximize customer relationship management on a global scale, in line with the Group’s vision to becoming customers’ First Choice. First Choice is DHL’s global service and customer initiative aimed at transforming the way it does business.

In addition to his role as CEO of GCS, Hickler is also Chairman of the DHL Global Commercial Board, which was recently set up to address, solve and leverage commercial priorities for all DHL’s business units. He will be based in Plantation, United States.
Hickler brings with him more than 25 years of experience in the transportation, express and logistics industry. He joined DHL in 2005, and most recently served as Chief Executive Officer of DHL Express in the United States. In that position, he focused on building up the DHL Express U.S. Network and implementing numerous service initiatives.

Before that, he was Executive Vice President of Strategy and Business Implementation, also for DHL Express in the United States. In these roles, he devised strategies to bolster the company’s standing in the express shipping industry, and also implemented a recognized Customer Experience Initiative that successfully enhanced customers’ experiences.

Hickler started his career in the ocean transportation business, and for the next 20 years, he held seniors positions including Sales, General Management, CIO for the NOL Group, and CEO of APL Logistics. In that capacity, he also served on the Boards of several joint venture companies in the automotive and technology sectors.

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Royal Mail to run obesity campaign (UK)

Further to Royal Mail’s own direct mail marketing campaign, the postal provider is to deliver a direct marketing campaign for the government.

The campaign will be aimed at tackling child obesity and is thought to be worth GBP£75 million, according to Brand Republic.

Department of health figures have shown that almost one in four children of school-starting-age are overweight.

Royal Mail head of government marketing James McGruer says direct mailing will make more people aware of the problem.

A recent survey showed that direct mail was the most effective way of communicating with the public as far as the health sector goes.

Over half (52 per cent) of respondents said they used the mail to communicate all important health information, while only 24 per cent used email.

The effectiveness of any direct mailing campaign can be increased by personalising the addressing of correspondence.

Marketers should always ensure the quality of data they hold is as high as possible to ensure a campaign’s success.

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DPD Russia launches new express delivery service and opens new branch

DPD Russia has extended its service range with a new express delivery option “DPD 13:00” for time-definite shipments. In addition, the company continues to expand its regional network with the opening of a new depot in Orenburg, close to Kazakhstan.

DPD has introduced a new time-definite service within Russia for express parcels and heavy shipments to be delivered by 13:00 of a certain day defined by the customer. The delivery can be made from Moscow to major Russian cities including St. Petersburg, Volgograd, Voronezh, Kazan, Kaluga, Krasnodar, Nishnij Novgorod, Rostov-on-Don, Samara, Saratov and Jaroslavl. The company plans to extend its geographical coverage of the service.

On request, urgently required information on the delivery of shipments sent with the DPD 13:00, DPD Avia, DPD BIZPAK, DPD Classic and DPD Economy services can be sent via sms directly to the customer’s mobile phone for free.

The investment in the new 1,400 sqm facility located in the southern part of Orenburg exceeded RUB 1 million (EUR 27,500). The branch network of DPD in Russia covering the country’s major cities has now increased to 30 branches linked together by a common IT system and by a unique ground line haul network. In addition to the standard services, the new depot will develop and implement tailor-made parcel and freight delivery projects within the Volga and Ural regions, DPD Russia said.

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