Lithuanian mail and courier services companies posted 137.1 million litas (EUR 39.7 mln) in aggregate revenue for the first nine months of this year, a rise of 34 percent from a year earlier, the Communications Regulatory Authority (RRT) reported.
In the third quarter, the country’s mail and courier services market, as measured by revenue, grew by 22 percent year-on-year to 47.2 million litas.
(EUR 1 = LTL 3.45)
Read MoreDeutsche Post AG chief executive Klaus Zumwinkel told journalists his company is prepared to make drastic price cuts in the German mail market should it lose significant market share to rivals when its virtual monopoly on letter delivery expires in 2008, the Financial Times Deutschland reported.
‘If I lose too much market share, then I have some price cuts in reserve that will certainly throw our competitors into disarray,’ Zumwinkel said in New York.
The chief executive did not provide further details on the possible price cuts.
The newspaper said that Deutsche Post currently controls about 90 pct of the German letter delivery market. This business last year accounted for 30 pct of Deutsche Post’s total revenue and almost half of its profits.
However, rivals such as TNT, Pin and a range of local delivery services are eager to expand their presence in the German market.
The newspaper said that TNT and Pin want to gain a 10 pct share of the German letter delivery market within the next five years.
Read MorePalletFORCE, one of the UK’s fastest growing palletised distribution networks, brings its pinpoint track and trace IT system to the IMHX Show as part of its commitment to “provide innovative logistics solutions for the benefit of our members.”
The pinpoint system, designed by logistics specialist Trans-aXion, is now live, providing comprehensive real-time ‘track and trace’ for all of the Network’s Member Depots and their customers. Every pallet is registered with a unique identification, which customers can use to trace deliveries throughout the distribution process via the pinpoint website.
The investment in pinpoint underlines PalletFORCE’s commitment to delivering a high-quality service. The Network has recently established a new mission statement – to “provide innovative logistics solutions for the benefit of our members” – which will be showcased at IMHX. As Chief Executive Mick Scarlett explains, “service means more than getting pallets from A to B. Networks must seek to offer ‘added value’ to members and their customers, and PalletFORCE is looking to actively develop the breadth and quality of the services we offer.”
PalletFORCE has been a significant success story in the five years of its operation. Since August 2001, when 560 pallets were handled from 36 Member Depots, PalletFORCE now handles around 6,500 per night (with the capability to handle twice that) and has more than doubled its number of Member Depots to 90.
Read MoreVeriFone Holdings, Inc. have announced that PKO Bank Polski’s wholly-owned acquiring arm, eService, will be delivering value-added payment services to Polish Post offices via VeriFone’s Vx 510 payment platform and PINpad 1000SE system. Polish Post branches will be able to use eService and the VeriFone solution to deliver services including cash advance, mobile top-up, and electronic bill payment.
The initial rollout of the solution has started at Polish Post branches in Silesia. VeriFone is now partnering with eService to expand the solution to Polish Post regions nationwide, with further systems set to be installed in 2007.
eService is already providing this range of value-added services to agencies of PKO Bank Polski – the largest bank in Poland – via an installed base of VeriFone Vx 510 and PP1000SE PINpad systems.
The compact Vx 510 payment solution offers value-added applications, while reducing transaction time to just a few seconds and features include; a backlit display, easy-to-read menu prompts and an intuitive ATM style interface.
Read MoreFollowing the signing of a collaboration agreement with press distributors, Prodesa, last year, DHL Express has expanded its Spanish outlet network to more than 375 sales points throughout the country.
Under the agreement, the Prodesa Rail Press and La Tienda Z outlets will offer DHL services functioning on the basis of a new pre-payment system, which provides clients with the packaging of their choice, together with a folder containing simple instructions to help them complete the documentation required for their shipment. Once wrapped, they can hand the package in at the collection point at their own convenience.
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