Amtrak Express Parcels looks to a bright future under new ownership
Amtrak Express Parcels looks to a bright future under new ownership
Read MoreTag: Europe
Asociación Española de Empresas de Mensajería partnering with UKIP Media & Events
The spanish association of couriers companies (“Asociación Española de Empresas de Mensajería – AEM” ) signed an agreement with the British company UKIP Media & Events for the organization of the Courier and Parcel Logistics Expo 2007. The international fair, in its second edition, will be healed in Barcelona during the 2, 3 and 4 October of this year.
The event will be in parallel to the 11 edition of Post Expo, which includes an exhibition zone for the operators and suppliers of the delivery mail and courier sector and auditorium, where experts of the sector will present different conferences regarding the evolution and trends of the delivery mail and courier sector.
The decision of organizing the Courier and Parcel Logistics Expo 2007 in Spain represents an opportunity for the delivery mail and courier sector and also the recognition of the AEM work in its 24 years of history.
Read MoreThe Envelope Manufacturers Association launches “Please Recycle” campaign
The Envelope Manufacturers Association (EMA) has recently launched a major initiative to encourage the recycling of envelopes, cartons and packaging. Beginning this summer, EMA member companies will be adding “Please Recycle” logos to their envelopes, packages and cartons.
The “Please Recycle” campaign is sponsored by the Envelope Manufacturers Association (EMA) in conjunction with the Direct Marketing Association and the Magazine Publishers Association.
Some facts about advertising mail and paper recycling:
• The average US household gets 18.5 pieces of advertising mail per week, a figure that has held steady during the past five years. (US Postal Service, 2005 Household Diary Study)
• Consumers do read their mail. According to the US Postal Service, 85 percent of US households usually read some or all of the advertising mail they receive. (US Postal Service, 2005 Household Diary Study)
• Direct mail accounts for only 2.2 percent (in weight) of the total municipal solid waste generated in the US annually, according to the US Environmental Protection Agency. That figure is likely to decline as greater strides are made in paper recovery and recycling.
• In 2006, a record 53.4 percent of the paper consumed in the US (53.5 million tons) was recovered for recycling. Paper recovery now averages nearly 360 pounds for each man, woman, and child in the US. (American Forest & Paper Association).
Axel Springer buys PIN stake for 510 mln eur
Axel Springer AG said it agreed to buy a stake in PIN Group AG from WAZ Media Group, Georg von Holtzbrinck Publishing Group and Rosalia AG for 510 mln eur.
The transaction will raise its holding in the mail service provider to 71.6 pct from 23.5 pct currently.
The deal is pending approval by the German Federal Cartel Office.
The sellers as well as Madsack Publishing Group will remain shareholders and cooperation partners of PIN Group, Axel Springer said.
The company plans to integrate other regional postal service providers into PIN Group until September, which will add more shareholders, thereby reducing Axel Springer’s stake in PIN Group to 63.7 pct.
According to a separate statement by PIN Group, one of the regional firms to be integrated is West Mail Hokding GmbH.
‘In only one and a half years, PIN Group has managed to become the leading service provider in the national letter develivery market after Deutsche Post,’ said PIN Group CEO Guenter Thiel in the statement.
‘After building up the company in Germany, the focus is now on profitable organic growth and further expansion.’
PIN Group was founded in 2005 by Axel Springer, WAZ Media, Georg von Holtzbrinck Publishing and Luxembourg-based Rosalia by bundling their respective mail service operations.
The company handles about 2.3 mln mailings a day and expects to more than double its annual sales this year, to 350 mln eur.
Read MoreItaly govt plans to privatize post office in next few years
The Italian government plans to sell stakes in the Poste Italiane-run post office, and in publishing house Istituto Poligrafico e Zecca dello Stato SpA in the next few years, the Radiocor wire agency reported, citing a draft copy of the government’s 2008-2011 economic and financial planning program (DPEF).
The DPEF, which sets the country’s medium-term objectives and the broad ways to achieve them, is due to be approved later today.
Poligrafico e Zecca dello Stato is a publishing house for Italy’s official journal and other government publications as well as the country’s mint.
In the next few months, the sale on the stock exchange of a stake in Fincantieri is also expected, with 51 pct of the ship-yard staying in the hands of the state, Radiocor reported, citing the document.
The DPEF also includes plans to privatize state-ferry company Tirrenia.
The document also defines as strategic stakes in companies in the energy and defence sector.
The State still has stakes in Eni SpA and Enel SpA in the energy sector and in Finmeccanica SpA in the defence sector.
The document also confirms the State’s plan to continue to sell real estate.
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