Tag: International

Romanian couriers Curiero and TCE Logistica plan merger

Two of Romania’s larger courier companies, Curiero and TCE Logistica, plan to merge in the latest deal in the country’s rapidly consolidating express and parcels market. The new company will be called RTC Logistica.

Under the deal, TCE’s owner, the RTC conglomerate, will become the 70 pct majority shareholder in the merged company, with the former Curiero owner, Marchessa SA, owning most of the remaining shares.

TCE, with revenues of about EUR 11 million in 2007, is the smaller of the two companies but financially stronger. Curiero, with revenues of €14 million last year, said earlier this year it would sell a 25 pct stake to IT services company Asesoft.

The two companies said that their merger is designed to strengthen their competitive position and that they are targeting combined revenues of EUR 30 million this year. The new company will trade under the name RTC Logistica.

There have been several major transactions in the Romanian CEP market this year, including DHL’s acquisition of Cargus, GeoPost’s purchase of a 80 pct stake in Pegasus and the UPS buyout of local partner TCS.

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TNT deal rescues MPS cash shortfall (UK)

TNT Post has eased the pressure on the funding shortfall faced by the Mailing Preference Service (MPS) by agreeing to support the organisation which funds the scheme.

Nick Wells, Chief Executive of TNT Post, confirmed that the private postal operator has written to its customers to ask their permission to add an extra charge to their invoices to contribute towards the fund.

The Advertising Board of Finance (Asbof) collects the levy which pays for self-regulatory schemes, such as the MPS, and the Advertising Standards Authority (ASA).

Royal Mail currently collects 0.2 per cent of brand owners’ direct mail spend, which it passes on to Asbof to fund these schemes, but until now new entrants to the postal market have not collected any money, fuelling fears that the schemes could be doomed. This is despite the fact that nearly half of all downstream access mail volumes are now handled by private operators.

Asbof chairman Winston Fletcher says: “We’re absolutely delighted that TNT Post is supporting the self-regulation of direct marketing in this way. Self-regulation cannot work without funding and the fact that the largest independent mail operator, TNT Post, has come aboard is clear evidence of how important self-regulation is to the direct marketing industry.”

Fletcher hopes that many of the other independent postal operators will follow TNT Post’s lead.

The move comes at a time when the Government is piling pressure on the industry to expand the MPS. The DMA has been encouraging the industry to back self-regulation to avoid the implementation of opt-in legislation as threatened by the Government.

Earlier this year, Asbof board member Charles Ping warned the MPS would be “buggered” unless more client companies started paying the levy.

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TNT flies freight to new heights – Freight services to boost revenues in Southeast Asia

TNT Express announces the launch of its range of freight services for time-sensitive heavy shipments in Southeast Asia. Available now, a selection of three bespoke services – Express Freight, Economy Freight and Freight Plus – will offer customers a door-to-door, day-definite delivery service based on specified transit times schedules, fast tracked customs clearance and full track-and-trace visibility.
The move forms part of the company’s EUR 100 million investment over the next five years to build a leadership position in the region, a strategy which it announced in April this year. This launch is also the first in a series of initiatives to further expand TNT’s network capabilities in Asia, leveraging on the seamless connectivity offered by its extensive road and air networks. These networks provide customers with the widest range of multimodal freight services between Southeast Asia and Europe, China and Europe and within Southeast Asia.
Based on studies undertaken of regional market needs, TNT expects the take up rate of these services to be high. The large demand is mainly driven by customers in the high-tech, equipment and machinery and healthcare sectors that are increasingly moving large volumes of high-value goods between Southeast Asia, China and Europe. Through its global customer base in these sectors, TNT has developed extensive sector knowledge which can now be leveraged in Southeast Asia. Correspondingly, TNT’s integrated road and air services are set to be a main business driver for the company over the next five years.

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New Marketing & Sales Director for DHL Express Ireland

DHL announced the senior appointment of Caroline Baldwin as the new Marketing and Sales Director of DHL Express (Ireland) Ltd.

Caroline will be responsible for all of the Marketing & Sales activities within DHL Express (Ireland) with particular focus on the strategic growth of the business together with DHL’s competitive placement in the marketplace.

Caroline holds a Masters Degree in Business Studies and a Bachelor of Arts in Applied Languages from the University of Ulster and University College Dublin (UCD) respectively and joins DHL Express from Ryanair where she worked for almost 10 years. Caroline held a variety of commercial roles within Ryanair most recently as Head of Sales and Marketing for UK, Ireland and Central & Eastern Europe.

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