Tag: Europe

Now UK Mail picks up the post at HSBC

Posted by | May 23, 2007 | |

HSBC has become the latest major bank to give Royal Mail the sack.

UK Mail, the postal arm of parcels courier Business Post, said today it now acts for three of the five High Street banks after HSBC joined Royal Bank of Scotland in ditching Royal Mail for the sorting for delivery of its bank statements.

Lloyds TSB had already switched to UK Mail’s arch-rival, the Dutch postal group TNT, but UK Mail today announced it had also picked up part of the Lloyds TSB contract.

Major customers such as the Department of Work and Pensions, the BBC, Vodafone, and Powergen helped UK Mail revenues soar from GBP 40m to GBP 90m in the year to the end of March, doubling profits to GBP 6.4m.

That compares with UK Mail forecasts at its launch in 2004 that within three years it would make GBP 10m on revenues of GBP 150m – about 3% of the GBP 5bn market.

Chief executive Guy Buswell said UK Mail missed the targets because VAT issues meant part of the market remained in favour of Royal Mail. Business Post’s group pre-tax profits doubled to GBP 9.8m but the dividend is pegged at 10.8p.

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PayPal granted banking licence

Posted by | May 23, 2007 | |

PayPal has been granted a banking licence by the Luxembourg financial services authority (CSSF) and has announcement that it will move its European headquarters to the country. The banking licence will enable PayPal to proactively market its Express Checkout service to retailers, a move which is prohibited under the terms of its current money licence – to date PayPal could only respond to retailers’ approaches to the company.

From 2 July, when the licence comes into effect, PayPal will be setting up local sales teams across Europe to expand the reach of its Express Checkout service – and therefore increase the number of retail sites accepting PayPal as a payment method.

The company says that Google’s launch of Checkout has no bearing on this move and it has no plans to extend its offering away from the online platform.

According to Forrester Research, 23% of European internet shoppers prefer paying with PayPal – which they can do at more than 100,000 websites in Europe.

In 2006, PayPal processed payments from “thousands of retailers” in Europe including Harrods, DHL, Meetic, Pixmania and Boots. The total payment volume in Europe reached GBP 4.29 billion. Over 15 million PayPal accounts are held by internet users in the UK.

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Environmental Emphasis Recognition for Pall-Ex

Posted by | May 23, 2007 | |

Fresh from winning the Leicestershire Business Of the Year Award 2007, pallet network industry leader Pall-Ex takes home another accolade.

Chosen as finalists for the International Freighting Weekly Environmental Award, Pall-Ex can add this achievement to a long line, which is echoed by their brimming trophy cabinet at the £12million purpose built facility, strategically located in the centre of the country in Ellistown, Leicester, close to junction 22 of the M1.

The very nature of this operation reduces journey length and underused capacity of fleet vehicles for all members of the Pall-Ex network, significantly reducing the environmental impact of vehicle emissions. This was however, just the beginning for the innovative entrepreneur Hilary Devey, Managing Director, who saw the opportunity to reduce emissions inside as well as outside her premises. Within the distribution hub, a fleet of 37 fork lift trucks run both day and night reorganising palletised freight into bays for onward delivery. These fork lift trucks all run on compressed natural gas, and not diesel, which limits emissions impact on the environment. Any emissions are mainly water based, which equates to cleaner air for the drivers to breathe, and no pollutants emitted that could contaminate freight.

Hilary Devey, Managing director and 100% owner of Pall-Ex commented “The very nature of the Pall-Ex concept is a brilliant way of uniting businesses around the country to reduce wasted journeys, increase profits, and reduce fuel consumption and emissions. Where Pall-Ex particularly shines is by going the extra mile, for example by using compressed natural gas in their fork lift truck fleet. The innovative nature of the company has been the root of Pall-Ex success, and will mean the company will continue to outshine competitors into the future.”

The other two finalists are CitySprint and Wallenius Wilhelmsen Logistics, and the winner will be announced at a gala dinner in The Honourable Artillery Company, London.

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Third Round Table of International Post-CIOs

Posted by | May 22, 2007 | |

IT-Managers of the Postal Organisations from Great Britain, Italy, Spain, Denmark, Sweden, Slovakia, Bulgaria, Romania, Hungary and Austria meet in Budapest

Since the first and second Post CIO Roundtable were very successful, the third international „Postal CIO Roundtable“ (PCR) will take place in Budapest on 24 May. The Post CIO Roundtable is an initiative launched by the Austrian post office (Österreichische Post AG), hosted by the Hungarian post office (Magyar Posta Zrt.) and is aimed at promoting information exchanges between the IT functions of postal organisations.

Although postal organisations are more than ever in competition with one another in largely liberalized markets, at this meeting of experts cooperation on the technical challenges is the focus. It is seen as a means of promoting the development of new postal IT solutions, leading to the marketing of member companies proprietary technologies. The Round Table is also viewed as a platform for establishing internationally applicable standard key performance indicators and initiating regular benchmarking processes.

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Masterlink Express Ltd. changed into DPD Polska Ltd.

Posted by | May 22, 2007 | |

On May 22, 2007 Masterlink Express ltd. was legally transformed into DPD Polska ltd.

The change will allow the company to build and strengthen its international image, effectively compete with integrators, increase market share in international segment and maintain dynamic development.

“Our vision of the near future is to attain the strong European position, being a company with local dynamism and flexibility, European strength and international potential, says Rafal Nawloka, DPD Polska President.

DPD Polska plans further development and investments in Poland. The plans include the purchase of building plots in order to build depots in the biggest Polish cities, the modernization of existing depots, introduction of new international services, investments in IT systems and staff trainings.

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