Tag: International

Iceland Post cares about the environment

Posted by | Nov 7, 2007 | |

It has one of the country’s largest fleets of vehicles, 123 in number, which cover annually about 2,780,000 km, an average of 22,600 km per vehicle. The company is now offsetting the carbon footprint of its entire fleet by financing the planting of 7,613 trees, to be planted with the collaboration of Kolviður in the Geitasandur Forest in the South of Iceland.

Iceland Post has adopted a policy for the environment which informs its procedures. In the Reykjavík area it operates five methane-powered vehicles, and the plan is that around 10 pct of the Post Office’s fleet should be environmentally friendly; more methane-powered vehicles are expected by the end of June.

This year has seen the establishment in Iceland of a fund whose aim is the fixation of carbon in vegetation and soil in order to reduce the concentration of carbon dioxide (CO2) in the atmosphere. By purchasing carbon fixation, Kolviður’s clients can offset the emissions produced by their road and air travel. The fund then finances forestry management such as the planting of trees in zones subject to long-term (90-year) agreements.

Kolviður aims to increase carbon fixation in vegetation and soil in order to reduce the concentration of carbon dioxide (CO2) in the atmosphere. Kolviður is also working towards increasing individual and corporate awareness about the release of greenhouse gases. By enabling people to take responsibility for their own emissions and react in a concrete way, results will be achieved. Kolviður will encourage Icelanders to become the world’s first nation to offset their transport carbon footprint with forestry.

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Thai SMEs driving UPS sales growth

Posted by | Nov 7, 2007 | |

UPS expects higher growth from its Thai business next year, driven by a stronger economy after the Dec 23 election. Thai small and medium-sized companies, which have a tendency to export more, have been key drivers for UPS growth, according to Steve Okun, Senior Vice-President for UPS Asia Pacific.

UPS has reported double-digit growth rates for four years in a row despite the strong baht, which should have had a bigger impact on its international package delivery service.

Even in the face of the economic slowdown, the company expects the growth to continue this year.

Around half of its business activities in Thailand are driven by SMEs, as well as auto-parts makers, and apparel and jewellery industries.

To expand its SME client base, UPS has joined with the US Department of Commerce to promote trade between the US and Thai SMEs through a symposium called ”Moving Thailand Forward” held yesterday.

Thailand is the first country with which Washington has initiated promotion of SME trading activities.

Business matching activities and product sourcing are provided under the programme as well.

Washington sees Thailand as one of its key trade partners. The country ranked 15th in terms of export value, at USD 20 billion per year, while imports from US stand at $7 billion per year.

The US government also aims to assist American SMEs in expanding their businesses in Thailand to reduce the US’s trade deficit with the country.

UPS had earlier expected 50 companies to join the programme but so far 150 SMEs have already registered for the programme with the US Embassy in Thailand, said Mr Okun.

By linking with the US Department of Commerce, UPS could provide additional services to its SME clients beyond shipping services.

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Dentsu Tec & Japan Post Service create Joint Venture

Posted by | Nov 7, 2007 | |

Dentsu and its wholly owned subsidiary Dentsu Tec together with Japan Post Service, a company belonging to the Japan Post Holdings, announced that the companies had signed an agreement to establish a new joint venture.

Japan Post Service and the Dentsu Group have been actively studying ways to establish a comprehensive, strategic business relationship that would integrate Japan Post Service’s strong network and brand value with the Dentsu Group’s expertise in the field of database marketing in order to create a postal-related business capable of providing consumers with useful information about companies and products, and to revitalize the direct promotion market in Japan.

Based on the results of the above studies, the three companies have reached an agreement to establish a joint venture to develop new types of postal media, and to promote businesses related to these new media.

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TNT appoints Thailand GM

Posted by | Nov 6, 2007 | |

TNT Express has appointed a new Thailand General Manager to press ahead with the company’s expansion, including a new depot north of Bangkok and the Good Morning Delivery at 10am service.

Alan Miu is assigned to boost the growth of TNT as the leading express-delivery service provider in Thailand.

He will also spearhead TNT’s ongoing project, the Asia Road Network, which it started more than two years ago. He will oversee the opening of another depot in Pathum Thani. The depot is under construction.

One of his priorities is Good Morning Delivery at 10am, which was launched here six weeks ago to complement existing TNT services at 9am and noon.

Hong Kong-born, but now a Singaporean, Miu is also in charge of TNT’s overall country strategy, operations, sales, and marketing and customer services.

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Draft regulation could mean higher TNT rates – OPTA

Posted by | Nov 6, 2007 | |

A draft Dutch post regulation could mean higher stamp prices from mail and parcel firm TNT after liberalisation of the market, post and telecoms regulator OPTA said on Tuesday.
OPTA pointed out a potential loophole in draft regulation supplementing the country’s new postal law that is due to end TNT’s remaining monopoly in the Netherlands from January 2008, which could lead to higher prices.
Investors have closely followed the liberalisation process as it affects the Dutch mail business, one of TNT’s most profitable units. Higher stamp prices could mean better margins for the unit.
The Dutch parliament had approved the postal law in June but left a number of details for the economy ministry to flesh out. The ministry’s draft regulation was submitted to parliament on Tuesday, and OPTA released its comments at the same time.
OPTA — which will be in charge of overseeing the so-called universal service that includes consumer mail and parcels — said a subtle difference to the existing postal regulation could allow TNT to move profitable activities outside of the scope of regulators and hence boost stamp prices.
Instead of TNT as a group, its Dutch unit TNT Post BV will be assigned as provider of the universal service, OPTA said.
“TNT has the possibility to take profitable postal activities out of TNT Post and move them to another unit. This would decrease the economies of scale that are realised by providing postal services in one unit,” OPTA said.
“As a rule it can be said that lower economies of scale lead to higher tariffs.”
TNT spokesman said the company viewed the regulation drafted by the economy ministry as a continuation of the current situation and that it considered the rules workable. He declined to comment specifically on OPTA’s comments.

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