Tag: International

Korea Express overtakes Hyundai as top Korean parcels firm

Posted by | May 2, 2008 | |

Korea Express has overtaken Hyundai Express to regain its former position as the largest domestic parcels company in South Korea, according to local newspaper reports.

The company, recently bought by the Kumho-Asiana group, ended 2007 with sales of 293 billion won (EUR 187 million) and delivered 132 million packages. It also achieved a 5 pct operating profit which was higher than then other three operators, according to official company reports.

This put it ahead of previous domestic market leader Hyundai Express which had sales of 286 billion won (EUR 183 million) and 120 million packages. The third largest parcels company was Hanjin Express, with sales of 252 billion won (EUR 161 million), followed by CJ GLS, with 184 billion won (EUR 118 million), according to the reports.

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Austrian Post builds up European parcels network

Posted by | May 2, 2008 | |

Austrian Post is poised to make four more acquisitions as it builds up its parcels subsidiary trans-o-flex and the Eurodis international network, adds services and expands logistics infrastructure.

The listed company is currently conducting due diligence on four relatively small parcels and mail companies, three of them in Eastern Europe and one in Western Europe, chairman Anton Wais said at a media briefing in Frankfurt earlier this week.

Austrian Post, which already bought ten companies in 2007, has a budget of EUR 150 million for acquisitions over the next 18 months. During this period, it also expects to purchase the remaining 25pct in German subsidiary trans-o-flex out of this budget for a previously agreed price, Wais added. But it is not interested in acquisitions in Poland or Turkey due to strong competition between major players in those countries, he noted.

The group already has subsidiaries in Slovakia, Czech Republic, Hungary, Croatia, Serbia, Germany, Netherlands and Belgium. The subsidiaries’ established brands will be maintained in the short term, and Austrian Post will start to review group-wide branding in mid-2009, Wais added in response to questions.

Austrian Post currently generates 27pct of group turnover outside Austria. The parcels and logistics division generates 73pct of its EUR 739 million revenues outside Austria, with the bulk coming from Germany. The division’s EBIT margin, which dropped to 1.7pct last year as B2C customers in Austria switched to new entrant Hermes, is targeted to improve to 2-3pct this year and to 5pct in 2009/2010.

The European parcels network will be built around Eurodis, the trans-o-flex partner network covering 21 countries. This currently offers common products and has an integrated IT system, but a linehaul network will not be created.

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DHL Express announces new CEO for UK and Ireland

Posted by | May 2, 2008 | |

DHL Express announced the appointment of Ken McCall as CEO of its UK and Ireland operations.

Previously Managing Director of Network Operations for DHL Express Europe, McCall was responsible for the management of the most significant network change in DHL Europe’s history, the move of its intercontinental hub from Brussels to Leipzig. This experience together with his in-depth knowledge of the industry ensures McCall can further establish DHL Express’ leadership in this dynamic key market.

DHL Express is the UK market leader in express delivery and therefore the UK and Ireland represent one of the company’s key business regions throughout Europe. Within the UK DHL Express employs over 9,000 staff and oversees almost 92 million shipments a year.

Prior to joining DHL in 2004, McCall spent 25 years at TNT working in various international roles, including a series of senior management roles in Asia, most notably as CEO of TNT in China.

McCall is a member of DHL Express’ European Management Board and in his new role will report directly to Scott Price, CEO of DHL Express Europe.

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DHL Express employees ratify Teamster national labor agreement

Posted by | May 2, 2008 | |

DHL Express U.S. employees represented by the International Brotherhood of Teamsters voted to ratify a new, historic national labor agreement between the Teamsters and DHL yesterday. The national agreement’s approval, following three weeks of voting among the affected employees’ groups, puts in place a five-year deal between the express package delivery company and the Union that represents the vast majority of its employees who handle customer shipments.

The new national collective bargaining agreement applies to practically all DHL’s unionized operations nationwide. The deal provides for increased operational flexibility that allows DHL to enhance labor resources management and improves its competitive position. It also provides for annual wage and benefit increases for DHL’s Teamster-represented workforce.

The agreement, covering approximately 10,000 DHL employees, also signifies a new chapter in the relationship between DHL and the Teamsters, which has steadily evolved since DHL acquired Airborne, Inc., in 2003.

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UPS Expedited introduced in seven countries across the Middle East

Posted by | May 1, 2008 | |

UPS announced the launch of UPS Expedited – a service specifically designed for customers with less urgent shipments to major international destinations, irrespective of size or volume.

UPS Expedited is the perfect balance between economy and reliability, and is a scheduled, day definite delivery service aimed at simplifying global trade for companies conducting business internationally.

Faster than traditional airfreight, UPS Expedited ensures door-to-door delivery in two to five days.

Exporting to more than 70 countries and territories worldwide, the service is available for one-time customers as well as account holders.

Other shipping services that UPS offers to the region are; UPS Express and UPS Express SaverSM, the ideal choice for urgent shipments.

UPS Express is a faster shipping service with guaranteed delivery by midday the next business day, throughout the world, while UPS Express Saver has guaranteed delivery by the end of your next business day.

With the addition of UPS Expedited, customers now have a range of tailored product offerings to choose from depending on their individual needs and service level requirements.

During 2007, the company delivered a record 3.97 billion packages; an average of 15.8 million per day.

UPS Expedited service is now available in the United Arab Emirates, Saudi Arabia, Bahrain, Egypt, Kuwait, Oman, and Qatar.

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