Tag: International

DHL signs new agreement with leading motorcycle manufacturer

Posted by | Jun 17, 2008 | |

DHL announced a two-year, multimillion-dollar agreement with KTM North America, Inc., a motorcycle manufacturer.
Under the agreement, DHL becomes the preferred overnight express shipping provider for KTM, delivering parts and accessories to KTM dealers across the U.S. and Canada, while providing the latest automated tracking, shipping and invoicing solutions.
DHL will also be the official shipping provider for KTM racing teams, delivering bike parts and accessories needed at motor sport events.
KTM is one of the world’s leading manufacturers of off-road, street motorcycles and ATVs. DHL will provide KTM with its domestic express and international services for delivery of motorcycle parts, accessories and safety gear from KTM’s distribution center in Cleveland, Ohio to more than 350 KTM dealers across the U.S. and Canada. DHL will also transport specialized motorcycle parts and safety gear to KTM teams at competition venues in the U.S.
DHL is the first shipping and logistics provider that will enable KTM to receive its invoices electronically, through an electronic interface between KTM’s Austria headquarters, its U.S. operation and DHL’s own backend system. DHL has also integrated its backend shipping network with KTM’s order management system, cutting the shipping preparation time from seven minutes to only seconds per package.

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Omega United, Inc. dba SkyPostal Networks completes USD 10 million private placement

Posted by | Jun 16, 2008 | |

Omega United, Inc. dba SkyPostal Networks, Inc., an international mail distribution company specialising in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC), announced the completion of a private placement financing totaling USD 10 million. Falcon Capital, a boutique investment banking firm based in London, acted as placement agent for the financing.
The Company also announced it converted approximately USD 3.2 million of debt into equity in the form of common shares. The new combined capitalisation of over USD 13 million strengthens SkyPostal’s now totally debt free balance sheet.
The net proceeds of the offering will be used to improve the hand delivery network in LAC with the deployment of its GPS delivery confirmation system, expand services to customers, and for potential acquisitions. “We believe this financing will enable SkyPostal to substantially accelerate progress toward our key strategic initiatives and solidify our market presence,” said Albert P. Hernandez, SkyPostal President and CEO. “With recent developments and the closing of this private placement, SkyPostal will be able to consolidate its network in LAC and expand its service offering to Europe. With this additional capital, we will be able to fast track the growth of the company both organically and through strategic acquisitions.”
SkyPostal has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.

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time:matters opens branch office in Singapore

Posted by | Jun 15, 2008 | |

time:matters is continuing its internationalisation strategy with the establishment of its first Asian branch in Singapore. More Asian locations are planned for the near future.

As the Asian headquarters, the new time:matters Asia Pacific Ltd. in Singapore is responsible for on-site customer service in East and Southeast Asia as well as in the Pacific area.

Following the establishment of European branches in Switzerland and Austria, Poland and the Netherlands, the new site in Singapore is time:matters’ first Asian branch office. Up to now the company has been represented locally by sales agents from the parent company Lufthansa Cargo in more than 20 Asian cities. The number of time:matters’ own offices on the Asian continent is to increase in the coming months.

With the establishment of the branch office in Singapore, time:matters is taking into account that the need for extremely fast, yet at the same time highly reliable logistics solutions is increasing worldwide – especially on intercontinental routes – which particularly applies to the Asia-Pacific region.

Manufacturing processes that are characterised by the increasing outsourcing of individual production steps as well as the continual reduction of storage, also cause logistics – especially in the Asia-Pacific area – to be faced with new challenges with regards to speed and punctuality.

time:matters said that it orients itself towards these requirements, whereby the focus in the Asia-Pacific region is currently on the car-supplier and the high-tech industries. The operator’s solutions for the transport of time-critical shipments, for example spare parts or electronic components, are particularly useful for other logistics service providers.

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CEP carriers hike surcharges as fuel costs soar

Posted by | Jun 13, 2008 | |

Leading international express and parcel carriers are increasing their air and road fuel surcharges dramatically to the 20pct – 30pct range as soaring oil prices drive up operating costs and provoke transport industry protests across Europe and around the world.
Global integrators DHL, FedEx, UPS and TNT, European road-based parcel carrier GLS, and other express and parcel carriers around the world have all raised surcharges significantly this month to try to pass on higher fuel costs to their customers. The highest surcharges are generally in the USA, followed by Asia and then Europe.
The hikes come amid dramatic protests in Europe and other world regions by trucking companies angry about the impact of higher fuel prices. This week has seen strikes, blockades and other protests by tens of thousands of hauliers in Spain, Portugal, France, Belgium, the Netherlands, Poland and other European countries. Two drivers were even killed in separate incidents in Spain and Portugal. In Asia, there have been demonstrations by truckers in South Korea, Malaysia, Thailand, India and other countries.
In the express and parcels industry, which is doubly impacted by higher operating costs for jet fuel and truck diesel, leading players have been gradually raising their surcharges over the last few months in line with various published jet fuel price indices. These surcharges have jumped significantly in June due to the surge in oil prices.

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ATA Airlines sues FedEx over military charter deal

Posted by | Jun 12, 2008 | |

ATA Airlines is suing FedEx Corp. over its decision to end a military charter business, a move the airline says forced it to seek bankruptcy protection and left it financially destroyed.

ATA accused FedEx of breaking a written agreement when it told the airline
in January it would no longer receive military passenger service for the
government fiscal year ending in 2009, according to a lawsuit filed Wednesday in U.S. District Court in Indianapolis.

FedEx notified ATA of the cancellation in a letter that came “out of the
blue,” said Kenneth Broughton, a Houston-based attorney representing ATA. He said ATA was counting on the military charters to be a “significant
profit center.”

The charter flights of military personnel and their families generated more
than USD 400 million in annual revenue and were expected to remain a “cornerstone” of the airline’s future business, the lawsuit states.

ATA filed for bankruptcy April 2 and abruptly ceased operations the next
Day. FedEx spokeswoman Sandra Munoz said her company had no contractual
obligation to ATA beyond the current fiscal year, which ends in September.

The military contracts commercial airlines for charter flights organized
through two teams of companies. ATA had flown military charter flights as a member of the FedEx team for more than 20 years. In late 2006, it spent more than USD 50 million to buy seven DC-10 planes from Northwest Airlines.

Broughton said the airline bought the planes and then spent additional money on hiring and training, because the military prefers wide-body aircraft. He said ATA did this after receiving a written commitment from FedEx that it would continue to receive military charter business through the fiscal year ending in 2009.

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