Tag: Europe

Posten Logistik acquires logistics company in Finland

The newly-acquired Finnish logistics company works in third-party logistics, and its customers deal in fast-moving consumer goods and spare parts. The new acquisition will make Posten Logistik one of the leading players within transport services and warehousing in Finland.

“Through the acquisition of Suomen Logistiikkatalo, we can offer a powerful alternative within third-party logistics and warehousing in the Finnish market,” says Henrik Höjsgaard, CEO of Posten Logistik. “It also means that we will strengthen our Nordic presence even further.”

More and more parcels and pallets are being sent internationally, and more and more companies require flexible, cross-border, cost-effective turnkey solutions. Through a strong presence in Finland, Posten Logistik is able to offer an expanded service and provide Nordic businesses with an excellent alternative in the Finnish market.

The acquisition of Suomen Logistiikkatalo in Finland strengthens Posten Logistik’s position within the Nordic region, and creates new opportunities for flows between the Nordic and Baltic regions and Russia. Posten’s Finnish operations are currently run through the subsidiaries DPD, HIT Finland and Sal-Trans.

Through its subsidiaries and the franchise network DPD, Posten Logistik already offers parcel, pallet and express services throughout the Nordic region. In 2007, Sweden’s Posten also set up a delivery network in Norway under the MyPack brand. The new delivery network gives Posten Logistik a new, powerful way of delivering parcels to Norwegian consumers.

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Viapost service to challenge postal operators

Royal Mail and other postal operators will face a new competitive challenge next month, with the launch of a service that promises to cut the cost of business mail and reduce the carbon emissions of sending letters through the post.

Viapost will allow customers to e-mail letters to distribution centres around the country, where they will be printed out, folded and sorted before being handed over to local Royal Mail distribution centres for final delivery to the recipients.

Although Royal Mail will deliver for Viapost over “the final mile”, the new service is likely to take business from its collection and sorting business where t has already lost a large share of the market to competitors such as TNT Post and UK Mail.

The state-owned operator is currently locked in negotiations with the postal union over its modernisation plans, with a deadline of Tuesday for reaching agreement to avoid further strikes.

However, the new service will also pose a threat to Royal Mail’s competitors, since it could prove attractive to the large business mailers that have already switched to private-sector providers but want to reduce their carbon footprint.

The Viapost regional centres will be much closer to the 70 Royal Mail access points that take in post for final delivery and using them will reduce carbon emissions associated with mailings by up to 60 per cent.

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Belgian La Poste earnings down 76 pct, revenues rise 4 pct

Belgium’s La Poste/De Post, the 50 pct state-owned postal operator, reported half-year revenues up 4 pct but earnings before interest and tax (EBIT) down from EUR 98 million to EUR 23 million (76 pct) due to full-year measures for early retirement and part-time workers.

Without these “accounting provisions”, and before non-recurrent items, EBIT would have been up 6 pct to EUR 97 million from EUR 91 million, the group said. Profit after tax fell from EUR 41 million to EUR 24 million.

Revenues for the first six months rose to EUR 1.137 billion from EUR 1.093 billion during the same period in 2006 due to good performances by international and domestic mail, parcels and retail and financial services, the group said.

La Poste said it now expected for the full year similar results as in 2006, when profits surged last year to EUR 174 million, confirming the turnaround of the company following restructuring. It made a EUR 23.2 million loss in 2005.

“The results of the first half of the year are encouraging, but we cannot rest on our laurels,” said La Poste CEO Johnny Thijs. “We need to be ready for when full liberalization of the (EU) market takes place, which will at the latest be in 2011.

“As well as improving continually the quality and efficiency of our services, we need also to work on our growth. There are numerous possibilities open to us, above all in foreign markets.

“The integration of Peter Somers (director of Belgian Post International) at the heart of the management board reflects our ambition to make La Poste a strong actor at the international level,” Thijs added.

Increasing direct mail and administrative mail volumes compensated in part for the constant loss of volume in first-class addressed mail, although the volume of domestic mail “only fell slightly” during the period, La Poste said.

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