Tag: International

UPS holds Investors Conference

Posted by | Mar 12, 2008 | |

UPS Chairman and CEO Scott Davis told Wall Street analysts and investors the company is poised for long-term growth, driven by globalization.

He said UPS has made significant progress in developing its global, multi-modal integrated transportation network. The UPS network now handles freight forwarding and less-than-truckload shipping as well as small package transportation on UPS-owned or third-party assets. This unique capability provides a seamless customer experience regardless of the type of shipment, the mode of transportation or the location around the world.

Chief Financial Officer Kurt Kuehn reviewed UPS’s 2010 goals. He stated the company remains on target to achieve the long-term goals that it revealed at its investor conference in November 2006. From 2005 to 2010 UPS anticipates:

– Revenue growth of 6-to-8 pct per year.
– Compound annual earnings per share growth of 9-to-14 pct.
– And return on invested capital of 23-to-25 pct.

After noting that several economic indicators have recently worsened, Kuehn provided insight into the company’s results for the first two months of 2008. He said the U.S. package segment experienced a solid January, but volume declined in February across virtually the entire customer base. “If these trends continue through March, our earnings guidance for the first quarter will be difficult to achieve,” Kuehn added.

Other areas of the business are performing well. For example, international average daily volume, including U.S. export volume, continues to show strong growth. Kuehn also indicated the international and supply chain segments remain on target for the quarter. Despite short-term economic challenges, UPS’s annual earnings guidance remains USD 4.30-to-USD 4.50 per share.

To capitalize on that opportunity, UPS has enhanced its service offerings to participate in a market in excess of USF 225 billion, encompassing small package, air and ground freight.

Read More

USPS offer competitive prices for Express Mail & Priority Mail

Posted by | Mar 12, 2008 | |

For the first time ever, the U.S. Postal Service is offering volume related or other price incentives for Express Mail, Priority Mail and other shipping services, effective May 12. These incentives are now possible as a result from a change in federal law*, enabling the Postal Service to better compete in the shipping market.

Postal Service shipping products are currently priced by a “one price fits all” approach — customers pay the same price per piece regardless of the number of packages sent or the method of payment. Beginning May 12, customers will be able to take advantage of commercial volume pricing, minimum volume rebates, online price breaks and other pricing incentives. For example:

– Express Mail, premium overnight delivery, is switching to an industry standard, zone-based pricing system, resulting in lower prices for closer destinations. Customers will enjoy a 3 percent price reduction by purchasing Express Mail online or through corporate accounts. Up to an additional 7 percent price reduction is available for those who meet quarterly volume minimums.
– Priority Mail, expedited delivery at economical prices, will be available at an average 3.5 percent savings to customers who use electronic postage or meet other requirements.
– Parcel Select, the Postal Service “last mile” advantage of delivery to every door, will feature pricing and volume incentives for large- and medium-sized shippers.
Parcel Return Service, an easy and convenient way for customers to return items to businesses, will move entirely to a weight-based pricing system, resulting in significant price reductions for lighter packages.

(*) The Postal Accountability and Enhancement Act of 2006.

Read More

Seur ups 2007 revenues by 7.5pct to EUR 665 million

Posted by | Mar 11, 2008 | |

Seur increased revenues by 7.5 pct last year and is planning slightly lower growth of 6.25 pct this year.

In 2007, the group’s revenues increased by 7.5 pct to EUR 665 million. The company said it maintained its leading position in the express sector with an average of 150,000 parcels daily.

In Portugal, Seur recorded revenues of EUR 35.75 million which equal a 10pct increase compared to 2006.

At an international level, Seur continues to offer the same high-quality service as nationwide thanks to its strategic partnership with Geopost. In 2007, Seur generated revenues of EUR 48 million in its international business which equal 7.21pct of the total company’s revenues.

The expansion of Seur’s infrastructure has reached a new peak in 2007 with the inauguration of its new facilities in ZAL, the major international hub in Barcelona. With an investment of EUR 40 million, Seur transformed the site into its second biggest hub, covering 16,400 sqm. ZAL incorporates the latest technologies including an innovative EUR 6 million double transportation band which allows automatic sorting of up to 14,000 parcels an hour.

In 2008, Seur will focus investment on its IT modernisation plans, under which it will spend EUR 54 million on upgrading over the next four years.

In terms of the prospects for the current financial year, Seur expects a revenue increase of 6.25pct. To achieve this goal, the company plans to make its pricing policy more flexible and to adapt its services to the individual needs of each customer.

Seur has closed the financial year 2007 with a customer loyalty rate of more than 90pct. The company will continue improving its customer service and enhance its selling channels including Seur shop, Televenta and internet.

Read More

time:matters to fly express shipments on Air Berlin

Posted by | Mar 11, 2008 | |

time:matters has signed an agreement with Leisure Cargo, the Air Berlin group freight division, to transport express shipments on the flights of Air Berlin, LTU and other group carriers to broaden its network of destinations.

Leisure Cargo, specialising in cargo sales and marketing for leisure travel airlines, markets the freight capacity of Air Berlin, its subsidiary LTU and a range of other charter airlines. Through the new partnership time:matters expects to profit by offering express shipping to and from numerous German and European airports more frequently, and by gaining more flexibility when it comes to choosing the quickest flight connection.

Initially, ten Air Berlin airports will be integrated into the time:matters network for inbound and outbound shipments, and others, such as Majorca, will be added at a later date.

“The excellent European network of Air Berlin that we can rely on due to our cooperation with Leisure Cargo, enables us to further expand our customer service”, said Jörg Asbrand, manager Operations and Customer Service at time:matters. Leisure Cargo operations director Christian Weidener said the cooperation with time:matters extended its product portfolio.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest