Tag: International

PIN Group Secures Nationwide Logistics

Posted by | Apr 11, 2008 | |

PIN Group has announced that its subsidiaries PIN mail GmbH (Dusseldorf) and PIN Logistics GmbH (Hamburg and Erkrath) has been sold to Xanto, a postal logistics service provider in Germany. The announcement was made by the insolvency administrator of the PIN-Holding, Bruno M. Kübler. Xanto had been a general service provider for PIN Logistics Ltd and by taking over the PIN Logistics GmbH independently Xanto will now direct contractual partners of the regional PIN companies and will continue to serve as a type of a hub for PIN-mail from all over Germany. “The acquisition of the two companies is an important step towards the preservation of PIN’s network,” said Kübler. “The outsourcing of logistics to experienced partner Xanto can with the reduced number of regional companies continue throughout Germany post. That was also essential in view of a “grand solution”, i.e. the possible sale of large parts of the PIN – Group to an investor.” The Dusseldorf-based PIN mail GmbH will be called Xanto mail GmbH and PIN Logistics GmbH will be called Xanto Logistics GmbH. The purchase price was not disclosed.

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TNT says Q1 broadly in line with outlook

Posted by | Apr 11, 2008 | |

TNT NV’s first-quarter business trends were broadly in line with its annual outlook, the company said on Friday, in contrast with U.S. rivals which have cut their earnings forecasts.

Volume growth in the express delivery division in the first quarter was in line with that achieved in the previous quarter, Europe’s second-biggest mail company said in a statement ahead of a shareholder meeting. The unit makes up 60 percent of annual sales.

U.S. rival UPS lowered its quarterly earnings outlook on Tuesday, blaming worsening U.S. economic conditions and high fuel costs.

Last month, FedEx Corp gave a low outlook for its current quarter, citing the same factors, after reporting a 7 percent fall in quarterly earnings.

TNT shares were 1.6 percent lower at 24 euros by 1431 GMT, outperforming a 2.2 percent drop in the DJ Stoxx industrial goods and services index.

But the company’s outlook might change if the European economy slows, Chief Executive Peter Bakker told shareholders at the meeting.

It said operating income for express will be affected by Easter, which fell in March this year, but the impact should be reversed in the second quarter.

TNT is targeting high single-digit organic sales growth and low double-digit growth in its 2008 operating margin for the domestic and international express delivery business, excluding emerging markets.

The mail operation, TNT’s other major business, also grew in line with the outlook provided in February, when the company released 2007 results.

TNT has guided for a low single-digit percentage organic sales rise for mail this year, with a targeted operating margin of around 16.5 percent.

TNT, which is seeking to expand its business in Germany to offset domestic market share loss, warned it may withdraw from one of the region’s three biggest markets if it loses a court case against hefty minimum wages for postmen there.

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TNT invests Euro 100 million to capture freight opportunities between Southeast Asia, Europe and China

Posted by | Apr 11, 2008 | |

TNT announced it will invest Euro 100 million over the coming 5 years to strengthen its network coverage, connectivity and infrastructure. TNT aims to build a leadership position by leveraging on the soaring demand for freight express services between Southeast Asia, China and Europe. This 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.

Commenting on the inaugural landing of TNT’s Boeing 747-400 ER Freighter in Singapore, James McCormac, Chief Operating Officer of TNT’s express division, said, “Our strategic objective is to build a leadership position in domestic, intra-regional and selected intercontinental express flows in the emerging Asian region. TNT’s volumes between China and Europe have grown over 20 per cent in 2007, and we’re certain that the stop in Singapore will further accelerate this volume growth.”

With Singapore as its Southeast Asian hub, TNT’s connectivity between Europe, Southeast Asia and China will further be enhanced to tap into significant trade flows between these regions. According to a study by TNT, Greater China is one of Southeast Asia’s largest trade partners, representing some 24 per cent of total express volumes transported by air. This is followed by Europe representing 20 per cent, with trade within Southeast Asia accounting for 11 per cent. Within Southeast Asia’s air trade, the high-tech sector alone accounts for over 76 per cent of total trade value.

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TNT keeps on moving with GBP 6.5m stationery deal

Posted by | Apr 11, 2008 | |

TNT has secured a substantial three-year deal with JA Magson in excess of GBP 6.5m and involves the collection of thousands of items each week for delivery throughout the UK and Ireland, providing next day and 48-hour services for more than 18,000 delivery locations.

With TNT co-ordinating daily deliveries to this number of retail and distribution outlets nationwide, the company is harnessing its expertise and channeling it into providing tailored services for a mind-boggling range of goods seen on the High Street.

Eddie Calland, National Sales Manager, Corporate Development, said: “This is an attractive new market for us with customers who distribute high volumes of items to the High Street which is an area where we can obviously excel.

Eddie explained that the service will be masterminded from TNT’s Leeds depot.

Leeds Depot General Manager Kerry Miller has been instrumental in the negotiations to bring about the three-year deal with York-based Magson.

JA Magson Finance Director, Neil Mason added: “With TNT’s national coverage and expertise, they can offer us the capability to provide our customers exactly what they want – a ‘next day’ service coupled with a full customer accessible track and trace facility to ensure the customer is kept in the loop from order to delivery.

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Chronopost unveils new three-year plan and opens EUR 53m hub

Posted by | Apr 9, 2008 | |

Chronopost has announced a three-year plan named “Essentiel 2010” at the occasion of the opening of its new EUR 53 million, 13,000 sqm national hub at Chilly-Mazarin, south of Paris.

The new 2008-2010 plan, presented by Christian Emery, president of Chronopost, is designed to give the company a new strategic orientation while reinforcing its position within the industry as well as internationally. As part of the plan the company is aiming for annual growth of at least 6pct, while the market is expected to grow at a lower rate. The company’s profitability is expected to be in line with the market.

Chronopost aims to become France’s leading provider of morning express delivery services. The company is planning to refocus its activities on the domestic market, concentrating on morning deliveries and its online service. Since February 2008 the company has provided next-day delivery before 13:00 within France, including packaging and transportation. This product will be extended to international destinations by end 2008.

In order to expand its market share, Chronopost will strengthen its activities in certain industrial sectors, such as new technology and health, while it also intends to expand abroad, where it already achieves 25pct of its turnover. The company is going to sign the ADEME charter for CO2 emissions and continue the environmental ISO 14001 certification program. All Chronopost drivers will be trained for eco-friendly driving by 2009. The company also said it will focus on staff training and take on 500 additional workers by 2010.

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