Tag: International

Amtrak Express Parcels Receivership Update

Joint Administrators from Ernst & Young LLP were appointed by the directors of Netfold Limited on Friday 22 August 2008.

Netfold Limited trading as Amtrak, specialises in national and international parcel freight. The business is head quartered in Aldridge, West Midlands, and operates two distribution hubs in Aldridge and Warrington together with 36 distribution depots across the UK, employing over 900 people.

One of the Joint Administrators from Ernst & Young commented, “Amtrak has found trading in the current economic climate challenging. It is a business led by consumer demand and as consumer spending power has weakened Amtrak’s business has suffered.

Further to this an announcement on Amtraks website states that Business Post – UK Mail are offering to take on Amtrak’s customers work on their current terms.

This time it is highly unlikely that anyone will buy-out/save the company.

On Friday evening (22nd August) all staff were contacted to be told that they no longer had jobs until further notice. They employed nearly 1,000 workers with countless other self-employed workers in driving positions.

It is unknown whether workers will receive their last due pay. Self-employed drivers are highly unlikely to receive the money due to them.

Read More

TNT sees growth in video conferencing

Reducing carbon footprint, a new priority for multinationals, is no easy task for TNT, which operates 47 aircraft and more than 26,000 trucks to move an average of 4.4 million parcels, documents, and pieces of freight each week.
There is not much that can be done to cut back on that traffic, so TNT is instead urging employees to reduce carbon dioxide emissions under a program called Planet Me. A big part of Planet Me is a drive to reduce business travel and use videoconferences instead. TNT estimates the CO2 savings from videoconferencing alone to be 2.6 kilotons a year for the next four years, or a total of 10.5 kilotons.
The embracing of videoconferencing by TNT is part of a larger trend. The worldwide videoconferencing systems and services market, which reached USD 1.63 billion in 2007, is expected to grow to USD 4.2 billion by 2012, according to technology consultancy Frost & Sullivan, as more companies try to become greener and cut costs.
Few companies are benefiting as much as Norwegian videoconferencing equipment maker Tandberg, which counts TNT as one of its customers. The company, which has dual headquarters in Oslo and New York, leads the industry in revenue with 40 pct of the global videoconferencing market, says Frost & Sullivan. The U.S.’s Polycom is market leader in number of units shipped. Together, Tandberg and Polycom control about 70 pct of the market for videoconferencing devices and infrastructure, selling against and sometimes cooperating with Hewlett-Packard and Cisco, both of which make high-end videoconferencing systems.

Read More

APC Overnight Announces Cordless Phone World Success

APC Overnight offer an online booking, tracking and pre-labelling service using the advanced online service developed by NetDespatch. Since switching to APC Overnight, Cordless Phone World has also gained much improved delivery reliability and traceability allowing their own customer service to be enhanced.

Orders received online from Cordless Phone World customers are captured electronically by NetDespatch allowing collections to be booked in and parcel labels pre-printed ready for collection by APC Overnight. This eliminates any transcription errors as delivery details are entered only once and that is by the customer.

Read More

Yurtiçi Kargo – GeoPost partnership becomes a regional force

Yurtiçi Kargo, through its partnership established in 2003 with GeoPost, Europe’s continues investments in Russia, CIS and Balkan countries.

The GeoPost – Yurtiçi Kargo partnership was established in 2003, and it enabled customers to send parcels to 230 destinations around the world. In the following year, the partnership has started organic growth across the neighboring region as it acquired companies in some countries, while establishing local partnerships through acquisition of major shares in others. The largest of the latter is Armadillo, a local and international parcel and logistics company in Russia. Further, GeoPost and Yurtiçi Kargo continued their growth within the CIS, starting with UVK the largest company in Ukraine. Meanwhile, in Kazakhstan, GeoPost and Yurtiçi Kargo have established a growing business without any local partner.

In March 2008, Yurtiçi Kargo and GeoPost have entered the Romanian market by acquiring the majority of shareholding of Pegasus, one of the most successful Courier and Express Parcel companies in this country through their partnership. Also, the partnership has started providing services in Bulgaria.

The GeoPost – Yurtiçi Kargo partnership has increased its incomes by 35 pct in the first half of 2008, as of end of June 2008; delivering around 25 000 parcels daily in Russia, Romania, Ukraine, Bulgaria and Kazakhstan.

Read More

Hermes Logistik introduces diesel surcharge

Hermes Logistik has introduced a diesel surcharge in response to the sharp rise in fuel costs in recent months.

As of August 18, the company is imposing a surcharge of EUR 0.20 for all domestic parcels and of EUR 0.40 for all parcels sent to European destinations. The surcharge is shown separately on all invoices.

Hermes said in a notice on its website that it had decided to follow competitors by introducing a surcharge since it could no longer absorb the higher fuel costs despite “many savings measures and the use of modern vehicles”.

German newspaper Handelsblatt reported that with the surcharge Hermes was now more expensive that DHL for consumer parcels. The cheapest Hermes parcel, including the surcharge, now costs EUR 4.10 while DHL charges EUR 3.90. A DHL spokesman told the newspaper that the German parcel market leader has no plans to introduce a diesel surcharge.

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!



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.

 

Pin It on Pinterest