Tag: Europe

New corporate IT model at Correos

Correos contracted a service package aimed at building, implementing and maintaining its corporate IT architecture and the application integration standards to guarantee the efficiency and quality of its IT system.

With the development of this new corporate architecture, Correos aims to reduce IT system development and maintenance complexity, time and costs. At the same time, as associated advantages, it will attempt to optimise overall application performance, favouring modularity and scalability. Another advantage will be to maximise service standards and quality whilst minimising the human resources necessary to manage the different processes.

The investment allocated for this project is EUR 1.8 million. CORREOS has chosen IBM, the tender awardee, to carry out the necessary actions to improve its IT system user service standards, as well as to start up the construction of the different J2EE, ORACLE and SAP system architecture-based IT applications.
The introduction of this new corporate IT model is part of the “Integra” Plan, CORREOS’ strategic project aimed at improving and guaranteeing its IT system quality. This Plan includes a group of actions designed to promote the availability and use of IT tools and systems, both in postal operations, and in monitoring and control. The end objective is to have a technological platform with sufficient capacity to face the new requirements of an increasingly competitive postal sector.

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Hermes Logistik Group to undercut Deutsche Post by 10-15 pct if minimum wage dropped

Hermes Logistik Group, the postal-services unit of privately held mail-order retailer Otto Group, plans to undercut Deutsche Post AG.’s letter prices by 10 percent to 15 percent should German courts strike down the minimum-wage rule for the industry. Hermes Chief Executive Hanjo Schneider told Die Welt that the group hopes to enter the market for letter delivery still dominated by former monopoly Deutsche Post in January 2009 but legal uncertainties are keeping him from making a forecast.
Should the highest German court squash the minimum wage rule, Hermes will immediately start offering letter delivery from all of its 13,500 German packet receiving offices. A Berlin court ruled in March that a German law imposing a minimum wage at all companies in the letter-carrier industry is illegal.
A higher court will probably rule on the issue in July.

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Norway Post’s and Itella’s information logistics services combined into a new joint venture in Norway

The joint venture of Norway Post’s and Itella’s information logistics services started the 2nd of June. Competition authorities have approved the deal and the joint venture has officially started. Itella owns 51 percent and Norway Post 49 percent of Itella Information AS. Per Olov Sjøgren started as the Managing Director of the joint venture.

– By combining the experience of two strong operators in the field of information logistics we will become the leading player in Norway. Itella Information’s skills and services both in paper and electronic information flows are crucial when offering the best solutions to our Norwegian customers, says Managing Director Per Olov Sjøgren.

The aim of the joint venture is to make Itella Information AS into the leading information logistics company in Norway. Itella Information provides services for the processing, management and delivery of information flows. Norway Post’s current operations relating to information logistics are all transferred to the joint venture.

– This is the next step in the execution of Itella Information’s strategy in Europe. In May we started our operations in Poland. Itella Information operates now in nine countries, says Heikki Länsisyrjä, Senior Vice President, Itella Group.

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GLS reports positive results (NL)

General Logistics Systems B.V. (GLS), Amsterdam, reported its 2007/08 results with strong sales and volume increases and profits in line with expectations.
GLS increased its sales to 1.75 billion euros – an increase of 9.2 per cent. The number of parcels handled totalled 335 million, representing a new record. EBITA at 172 million euros was in line with expectations.
GLS invested approximately 47 million euros in capital expenditure in 2007/08. In addition to France and Romania, new hubs and depots were opened in Austria and Poland; and additional franchise depots were acquired in Italy. The integration of GLS Belgium Distribution (formerly ABX BELGIUM Distribution) into the GLS system is also progressing as planned.
In 2008/09, GLS is planning network investments totalling 94 million euros – with significant investments in Germany, Poland, the Netherlands and France. The focus will be on rolling out industrial parcel production processes throughout the network as well as implementing new solutions for the “last mile” in B2C business. Other priorities will be the expansion of the GLS national and international express product offering, and GLS will continue to pursue global partnerships such as the recent cooperation agreement with Gati Ltd. in India.
GLS is expecting the European CEP market to grow at a moderate rate of ca. 3.5 per cent. In its international business, GLS Group is planning double-digit growth rates.

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Seur franchise owners reportedly ready to sell

A group of Seur franchise owners is ready to sell their holdings which add to up to a majority stake in the leading Spanish parcels company, according to media reports. DHL, UPS and investment funds are reportedly interested but existing shareholders, including GeoPost, have the right to outbid them.

The group of franchisees represents 52 pct of the capital of the parent company, Seur SA, 65pct of the franchises by number, and generate 56 pct of gross profits, Spanish newspapers Expansión and El Mundo reported. The regional operators have jointly commissioned investment bank Arcano to seek offers for their shareholdings. International equity funds and multinationals such as DHL and UPS are interested parties, Expansión wrote.

The express parcels group has a complex, decentralised ownership structure comprising regional franchisees who also own small stakes in the parent company Seur SA. Seur has 85 franchisees in total controlled by 54 companies. More than 75pct of these owners are among the prospective sellers, according to the newspapers.

The largest single shareholder is GeoPost, the French La Poste subsidiary, which has built up a 19.6 pct stake in the parent company in recent years by gradually acquiring individual franchisees through the joint venture Seur-GeoPost.

In a company statement, Seur reiterated that the right of first refusal on any shareholder shares being sold meant that it would have preference over any outsider buyer as long as it matched their offer. The head office had not been officially informed by any shareholder that it wanted to sell its holding, it added.

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