Tag: India

India Post seeks return to monopoly on letters

Posted by | Feb 17, 2005 | |

In a move that will have serious implications for the Rs 2,500-crore courier industry, the United Progressive Alliance government has revived the Indian Post Office (Amendment) Bill, 2002 that seeks to regulate private courier and express companies. If the Bill is enacted, all courier companies would be barred from carrying letters, to be defined as packets below a certain weight. The draft Bill proposes to vest the government’s postal department with the exclusive privilege of carrying all letters. The amendment is also likely to include regulatory provisions including imprisonment and penalties for courier firms, which already fall under the purview of various legislations like the Consumer Protection Act and Customs Act. When contacted, department of posts secretary R Ganeshan refused to comment. A source in the department, however, confirmed that the draft Bill was being finalised.

Read More

Pitney Bowes Expands Global Reach

Posted by | Feb 14, 2005 | |

Pitney Bowes Inc. (NYSE: PBI) today announced that it has completed two transactions that extend its penetration and reach outside of the U.S. — the acquisition of certain assets of Kilburn Office Automation Ltd. (Kilburn) in India and the formation of a joint venture with Semco Participacoes Limitada (Semco) in Brazil. Through these transactions Pitney Bowes is establishing direct sales operations in two of the world’s top fifteen mailing markets, whose combined mail volumes are approximately 23 billion pieces annually.

Read More

Asia-Pacific region is engine of growth for DHL – CEO

Posted by | Feb 4, 2005 | |

The Asia-Pacific region, led by China and India, has emerged as the engine of growth for German DHL, said Klaus Zumwinkel, chairman and chief executive of DHL’s parent firm, Deutsche Post World Net. Zumwinkel told a press briefing during a visit here that the region’s share of DHL’s global revenues is expected to rise to nearly 20 pct by 2010 from 11 pct in 2003. DHL is set to ride on projected robust growth in world trade as tariff and non-tariff barriers are removed and governments and companies increasingly outsource segments of their businesses such as logistics, Zumwinkel said. ‘Asia for our company is the engine of growth,’ he said. ‘Here is where the topline growth comes from.’ He said Asia currently had the fastest growth rates for the company compared with the European and US markets.

Read More

DHL darting into a growing market

Posted by | Feb 1, 2005 | |

DHL announced recently that it is looking to acquire a further 20% stake in Blue Dart Express, of which it currently owns 68%. The move is indicative of DHL’s faith in the Asia-Pacific region and is one of numerous international mergers and acquisitions of late in the logistics industry. The acquisition makes DHL the first international express and logistics company to offer its own domestic and international services in India. Through the acquisition of a majority stake in Blue Dart, India’s largest courier firm, DHL will have access to an extensive network covering 13,700 locations, warehouses at 14 locations and 2,717 delivery vehicles. The move confirms the group’s ambitions for the Asia-Pacific region, which is attracting global express and logistics operators due to the potential in the area’s growing economies. DHL is investing in China and will also set up a joint venture with New Zealand Post.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest