Tag: International

UPS to lay off staff and restructure in Spain

Posted by | May 20, 2008 | |

UPS is planning to restructure its operations in Spain affecting 230 employees. UPS Spain has 1,300 employees, with the main outcome expected to be the closure of its Vallecas storage centre in Madrid, according to the Spanish newspaper Expansión.

UPS made a net loss of EUR 890,000 on turnover of EUR 169 million in Spain last year, the business newspaper wrote.

The restructuring aims at bringing UPS’ operations across several sites on to its installations in the district of Coslada in Madrid, which has recently been expanded.

The Vallecas storage center to be closed down has a workforce of around 180. In view of the expected layoffs, UPS Spain offered union representatives negotiations on the issues of early retirement and transfer to the facility in Coslada.

In total, UPS’ Spanish network has 140 customer service centres, 19 distribution centres, five logistics centres and 700 vehicles, according to the newspaper.

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Gati expands but profits drop

Posted by | May 20, 2008 | |

Leading Indian road express trucking company Gati recorded a turnover increase of 5.4pct but a 52.6 pct drop in net profit for the first quarter of 2008 due to rising costs. It has also introduced a new air express service and established Singapore as its regional headquarters.

The company’s turnover grew 5.4pct to Rs 1.47bn (EUR 22.1 million) during January-March 2008. The net profit, however, fell by 52.6pct to Rs 32.2 million (EUR 0.5 million) due to a large increase in operating costs.

Separately, the company has launched a new service “Gati Air Express” offering next day delivery to around 30 locations nationwide and next day before noon delivery across nine local locations to meet customer demands. The company has established a fleet of dedicated freighters and multimodal network to ensure that shipments arrive on time providing seamless connectivity across air, road, ocean and rail.

Meanwhile, Gati has chosen Singapore to become the company’s regional headquarters profiting from the country’s strategic location to expand its business activities into the fast-growing Asia region and beyond and thus strengthen its international network.

Today, Gati has offices in China, Singapore, Japan, Dubai, Hong Kong Thailand, Nepal and Sri Lanka and plans to foray into other markets. Gati International’s revenues have grown from SGD 2.0 Million (EUR 937,116) to SGD 9.6 Million (EUR 4.5 million) over the last 3 years.

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More consolidation ahead in Korean CEP sector

Posted by | May 20, 2008 | |

The South Korean domestic express delivery market is heading for more consolidation after a series of deals over the last year, according to experts. Large conglomerates are entering the market, resulting in tougher competition and falling profits for medium-sized players.

Although the four largest parcel carriers are estimated to have 60% of the market, there are still a large number of smaller players. However, recent moves by industrial conglomerates to enter the market have intensified competition, the Korea Times newspaper reported recently.

The Big Four are Korea Express, Hyundai Express, Hanjin Express and CJ GLS. Korea Express regained leadership of the domestic express parcel market from Hyundai Express in 2007, closely followed by the other two major players.

The biggest transaction in the market recently was the acquisition of Korea Express by the Kumho-Asiana group. Hyundai Express is part of Hyundai Logistics, the logistics division of the international automotive group, while Hanjin Express is part of the Hanjin Group, owner of Korean Air and the Hanjin container shipping company.

The common factor is that the large Korean conglomerates see the parcel sector as a growth market, especially for home deliveries of consumer products bought via the internet or TV, while they also believe they can reduce their internal logistics costs by owning a delivery company.

One consequence is that market players are reducing prices to try to keep or grow their volumes, leading to lower profits. This, in turn, is creating more potential for market consolidation.

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World Mail Awards 2008 winners announced

Posted by | May 20, 2008 | |

The 2008 World Mail Awards winners were announced yesterday, 19th May, in Budapest, Hungary at a prestigious black tie gala dinner in front of an audience of over 300 senior executives from around the globe. The evening was a fantastic start to the World Mail and Express Europe Conference taking place 20th and 21st May, whilst it offered delegates a prime opportunity to network and celebrate best practices in the industry.
With over 100 entries received this year and an impressive shortlist issued four weeks ago, judges had a tough job on their hands. The independent panel of judges met in Budapest hours before the ceremony to determine the 2008 winners with Hungarian celebrity and television presenter Zsuzsanna Demcsák, presenting the awards in the following categories:

*Corporate Social Responsibility – Sponsored by DHL Global Mail – Royal Mail Group for its Carbon Management Programme
*Customer Service – Sponsored by Western Union – Canada Post for its PERMANENT Stamp
*e-Commerce Sponsored by Saudi Post – Post Danmark for its ecommunication
*Growth – Sponsored by Qatar Post – Australia Post for its Promotional Mail Market Growth Challenge 07
*Industry Leadership – Sponsored by Pitney Bowes – Ulrich Gygi, Chief Executive Officer, Swiss Post
*Innovation – Sponsored by Emirates Post – Post Danmark for its No More application
*People Management – Sponsored by Australia Post – Correos for its The New Technologies & Training Alliance as a change driver at Correos
*Quality – Sponsored by Magyar Post – Post Danmark for its Media Portfolio – Quality in serving every customer needs
*Retail Project – Sponsored by ME News – PayShop (Portugal) S.A. for its PayShop – the most convenient way to pay your bills!
*Security – Sponsored by Royal Mail – Magyar Posta for its Delivery worker protection programme – A security solution by Magyar Posta
*Technology – Sponsored by Intermec – 21 Grams for its iSort application
*Transformation – Sponsored by Triangle – New Zealand Post for its Retail Transformation.

Congratulations to all winners and shortlisted entries and a big thanks to all our sponsors. Triangle Management Services is also proud to announce that next year’s World Mail Awards and the World Mail and Express Europe Conference, will be held in Munich, Germany on 6th – 8th May. If you would like to apply for one or more of the 2009 Award categories, applications will open in January next year!

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Nippon Express Denies Abolition of "Pelican" Parcel Service

Posted by | May 20, 2008 | |

Nippon Express Co. denied a news report that its “Pelican”-brand parcel delivery service will be abolished when the company and Japan Post Service Co. integrate their door-to-door package delivery operations in April 2009.

The major Japanese daily Asahi reported in its Monday morning edition that the 30-year-old Pelican brand will be scrapped as Nippon Express and Japan Post Service are set to use the latter’s “You-pack” brand for their joint parcel delivery operations.

Nippon Express and Japan Post Service, a postal service unit of Japan Post Holdings Co., will set up a fifty-fifty joint firm, named JP Express, in June this year to prepare for the integration.

Given that Japan Post Service will later take majority control of JP Express, there is still a possibility of the Pelican brand being scrapped for integration into the You-pack brand.

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