Tag: International

DHL Express USA to reduce workforce by 600 positions

Posted by | Feb 12, 2008 | |

In a move designed to lower general and administrative costs across its U.S delivery business—due to the current economic climate and market conditions—DHL Express USA said today it will reduce its workforce by approximately 600 positions.

DHL added that these domestic workforce reductions will occur through attrition, reductions, and suspending open positions across functional areas. DHL Express USA Spokeswoman Michele Nadeem told LM that these reductions will take place today and tomorrow.

Hans Hickler, Chief Executive Officer, DHL Express USA., said in a statement that this action is one of several measures DHL Express USA is taking to improve its competitive position in the U.S. market, which is strategic to the company’s global growth plan. “These changes will help us better align our cost structure without impacting our unwavering commitment to serve our US customers,” said Hickler.

Since then it has competed aggressively for market share against industry bellwethers UPS and FedEx, as well as the United States Postal Service. DHL said it has invested more than USD 3 billion into the U.S. since 2003, including USD 1.2 billion in infrastructure and distribution.

In the DHL statement issued today, the company said it is making moves to augment its competitive position in the U.S. by investing in business growth areas and increasing service to both consumer and business customers, as well as the non-cash writedown for DHL Express USA.

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DHL increases Asian cargo capacity

Posted by | Feb 12, 2008 | |

DHL has increased its Asian cargo capacity in Manila and Hong Kong by utilising a new dedicated freighter to address the growing volume of imports and exports to and from the Philippines.

DHL’s Air Hong Kong B757-200 freighter has augmented its shipment capacity to 24 tonnes, an increase from its previous 19 tonnes. Flight frequency has also been increased from four to five times a week. These adjustments have increased DHL’s total payload capacity by 58 percent, creating a total payload capacity of 240 tonnes.

Exports from the Philippines to China grew by an average of 43.8 percent between 2000 and 2005, while imports from China to the Philippines grew by an average of 30.5 percent during the same period.

Aside from the larger shipment capacity, DHL’s new dedicated air transport gives customers the benefit of better shipment security. It reduces the risk of cargo being off-loaded due to commercial plane constraints.

DHL’s Asia Air Network includes more than 30 destinations in 16 countries and territories. It is also served by over 20 aircraft in dedicated air operations.

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TNT to offer e-invoices with digital signature

Posted by | Feb 12, 2008 | |

TNT announces it will offer secured electronic invoices with digital signature in over 30 countries by the end of March 2008. Called ‘Express Invoicing’, the new service will be available for customers in most European countries, Australia, Singapore, Hong-Kong, South Africa, Kuwait, and the United Arab Emirates. TNT’s web-based e-invoicing solution is free of charge. TNT already offers e-invoices in 37 countries around the world, with another ten countries preparing to introduce the paperless invoice this year. TNT estimates that it could eventually eliminate up to one million paper invoices per month.

‘Electronic invoices save time, money and trees’, says Jan Willem Breen, Director Marketing and Sales of TNT’s Express division. ‘But with internet fraud on the rise, customers also ask for legally recognised techniques like digital signatures that authenticate the source of invoices and protect the documents’ integrity. TNT invests in technology to offer more convenience and security to its customers.’

For customers, TNT’s e-invoicing service reduces paper processing costs and improves the accounts payable management process. To benefit from the new service, all they need is an Internet connection and an e-mail account. TNT’s Express Invoicing offers an easy-to-use and secure method for accessing, controlling and archiving invoices. Instead of a paper invoice, TNT sends an e-mail to its customers directing them to a secure website, where they enter a password to access their downloadable electronic invoices.

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Freightways Delivers With Record Result

Posted by | Feb 11, 2008 | |

New Zealand express group Freightways has announced record results for the half year ended 31 December 2007 despite tough economic conditions and said it expects good growth for the rest of the year.
Freightways reported a 2 pct rise in half-year net profit to NZD 16.8 million (EUR 9.1 million). Operating revenue increased 12 pct to NZD 162 million (EUR 88 million), with earnings before interest and tax (EBIT) of NZD 31 million (EUR 17 million) up by 6 pct over the same period.
The company said its core express package business performed well in the first half-year and it expects this trend to continue in the future although the state of the domestic economy will have some bearing on its performance. Its emerging businesses, including business mail and information management, are expected to continue their growth.
Managing Director Dean Bracewell commented that, despite rising costs and the challenging operating environment, “the half year result reflects another strong period for Freightways that has continued to deliver upon its strategy.”
The majority of Freightways’ revenue and earnings is contributed by the core express package brands of New Zealand Couriers, Post Haste Couriers, Castle Parcels, SUB60, Security Express and Kiwi Express, where primary focus is to defend and grow the business.
The DX Mail business is seen as an emerging growth business, since its performance during the half year has been outstanding, while its contribution to Freightways’ earnings remains relatively small. Freightways also views the information management market as an emerging growth opportunity, as evidenced by the recent acquisitions it has completed in New Zealand and Australia, with all businesses experiencing strong growth.

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Blue Dart sales up by 21 pct

Posted by | Feb 11, 2008 | |

Blue Dart Express announced its annual result for the year ended December 31, 2007 at its board meeting held in Mumbai. The Company posted Rs 699.3 billion crore profit after tax for the year ended December 31, 2007, up by 39 pct from the corresponding period of the previous year. Income from operations for the year ended December 31, 2007 was RS 8,087.2 billion up by 21.06 pct from the corresponding period of the previous year. Speaking on the occasion Anil Khanna, Managing Director, Blue Dart Express Ltd said, “Our results are a validation of our customer’s faith in us and of our commitment to serve their business. We are proud to be positioned as the only service provider with a distinctive capability to offer the entire gamut of express distribution solutions. We have seen consistent high results in the past and expect the trend to continue this year as well.” “The launch of our new fortified ground express product – Dart Surfaceline last year, is a strong step towards achieving our aim of being the first choice for all our customers; however our focus from our core air express product remains unwavered. We aim to continue setting standards in the Indian express industry and facilitating trade and commerce for a greater India.” 1 USD = 39.6650 INR

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