Tag: Germany

Integrator shares rocked by financial sector turbulence

Posted by | Oct 17, 2008 | |

Shares of Deutsche Post World Net, TNT, UPS and FedEx have been hit dramatically in recent weeks by the turbulence in world financial markets but also by clear signs of a slowdown in the international express business. The outlook for the forthcoming weeks and months remains uncertain.

Since the start of September, TNT shares have fallen nearly 40pct, DPWN shares have dropped 37pct, FedEx shares are down 20pct and UPS has declined 19.5pct, according to CEP-Research analysis. Since the start of 2008, DPWN is down 57pct, TNT is down 44.9pct, UPS has fallen 25.3pct and FedEx has dropped 23.1pct.

“Integrator shares have clearly been impacted by the general slump on the world stock exchanges. But investors also appear nervous about how the economic slowdown will affect the express and parcel sector,” commented Mark Winkelmann, managing partner of ITA Consulting, the CEP-Research parent company. “There are certainly widespread indications of customers downtrading from expensive air express services to cheaper and slower economy products. It is unclear however whether this is a short-term or a longer-term trend.”

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time:matters opens branch offices in Italy and Norway

Posted by | Oct 16, 2008 | |

time:matters is continuing to pursue its internationalisation strategy with the opening of two additional foreign branches in Italy and Norway.

The new branch offices are located at Milan and Oslo and both focus on the international time-critical spare parts logistics which the company sees as a growth segment within the logistics industry. time:matters is especially targeting customers from the medical technology, high-tech, engineering and automotive industries in Italy and Scandinavia due to the steadily growing need for customised solutions in all logistics segments.

The logistics provider is now represented in seven European countries, and also operates a branch in Singapore which is responsible for activities and customer relations in the Asia-Pacific region.

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FedEx to support growth in Catalonia with Airbus 310 flights

Posted by | Oct 16, 2008 | |

FedEx Express has incorporated an Airbus 310 into its Spanish fleet, operating between Barcelona and Paris four days per week.
The new Airbus 310 replaces two feeder flights that previously operated to Paris’ Charles de Gaulle airport and increases capacity by up to 25 tons.
The flights, which have been operational since Sept. 15, reduce the transit time of heavy shipments using the International Priority Freight service by up to a day from more than 119 postal codes in Spain.
FedEx Express investment in Barcelona is the result of business growth in the region.
The Catalonian region is a major driving force behind business growth in Spain and an important gateway to Europe and the rest of the world, thanks to its key geographical location.

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Deutsche Post: Letter mail prices within Germany to remain stable in 2009

Posted by | Oct 13, 2008 | |

The prices charged by Deutsche Post for letters and postcards sent within Germany will remain unchanged next year. The Federal Network Agency responsible for regulating the most important mail prices thus confirms the pricing proposal submitted by Deutsche Post.

After a price reduction in 2003, postage for the Standardbrief (standard letter) in Germany remains stable at 55 cents for the seventh year running, with no change to the high quality of service.

The prices for other domestic mail products, such as postcards, Kompaktbrief (compact letter), Großbrief and Maxibrief (oversize letters) as well special services remain unchanged. With inflation currently running at more than three percent, Deutsche Post is clearly bucking the general price trend. Despite rising production costs, Deutsche Post customers will benefit from stable mail prices in 2009 too.

Under the terms of the statutory pricing procedure Deutsche Post has the opportunity to increase prices in 2009 by an average of 0.4 percent for a fixed basket of goods consisting of domestic and international products. The company will not make full use of this flexibility, however, and will instead only implement a slight price increase of 0.1 percent on average through pricing changes applicable to international mail items.

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DuPont Safety Award for Deutsche Post World Net (Germany)

Posted by | Oct 10, 2008 | |

Deutsche Post World Net has been given the DuPont Safety Award 2008 in the Innovative Approach category.
The global leader in logistics received the award for its Group-wide traffic safety initiative Global Road Safety. This follows a similar award by DuPont to Deutsche Post in 2003 for an internal safety programme.
Every day, thousands of Deutsche Post employees are on the move on roads all around the world – in cars and lorries, on bicycles or on foot. Last year, in order to raise awareness of the varied challenges and the potential hazards associated with road traffic, the company launched its Global Road Safety initiative.
At the heart of this safety initiative is the Deutsche Post World Net Road Safety Code – a list of seven simple but effective rules of the road.
The Global Road Safety initiative is not intended to be a prescriptive list of dos and don’ts – instead it aims to persuade the employees, motivating them to behave more safely when they are on the roads.

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