Tag: International

Deutsche Post CEO Zumwinkel Confirms 2007 Ebit Guidance

Posted by | Oct 15, 2007 | |

German mail and logistics company Deutsche Post AG at the weekend confirmed its 2007 guidance for earnings before interest and taxes, or Ebit, and despite the uncertain U.S. economy, still sees an increase possible this year.
Chief Executive Klaus Zumwinkel, who was visiting Moscow at the weekend, said he can confirm the outlook now the third quarter has ended; Ebit for 2007 is planned to reach EUR3.6 billion from EUR3.5 billion a year earlier.
Zumwinkel reiterated that it is possible the company will increase its guidance. This was mentioned earlier in the year after the Bonn-based, DAX company delivered its half-year results.
Deutsche Post’s unit Express, like its peers United Parcel Services Inc. (UPS) and FedEX Corp. (FDX) faces a weak U.S. market, said the CEO.
The CEO also confirmed this year’s guidance for the company’s business segments. Express will reach an Ebit of at least EUR400 million, while logistics could reach operating profit of around EUR900 million.
The medium-term goal for the business in the Americas has not been lowered, and Deutsche Post still plans to reach break-even by the end of 2009 in the Americas, he said.
In 2003, Deutsche Post acquired U.S. Express postal service Airborne. After this takeover, the company incurred losses that are valued in the three-digit million euro range. The company said it would break-even on two occasions, but is still to do so.
The CEO has replied to criticism surrounding the losses by saying it is inevitable for a conglomerate with international customers, like Deutsche Post, to do business in the U.S.

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City Sprint acquires Axa courier express ltd

Posted by | Oct 15, 2007 | |

CitySprint is part of the Courier and Passenger Transport Group, which also comprises WestOne Cars and Burgundy Cars. The Group has achieved an average compound growth rate of 10 per cent per annum in the past 5 years and has annualised revenues of GBP 70 million.

Like CitySprint, Axa provides SameDay Courier services to businesses in and around the Heathrow area. Over a period of twenty-five years, Axa has forged a large and satisfied customer base, comprised mainly of freight forwarders. This acquisition by CitySprint will mean that the Axa Courier Express Ltd name and brand will be discontinued.

CitySprint has been providing courier services to a broad range of local companies in and around the area for over ten years. It’s customers benefit from a ServiceCentre team with unmatched experience of the courier industry and a depth of local knowledge – something that Axa’s customers will now benefit from.

CitySprint operates the largest GPS enabled On Demand Courier Fleet in Europe, which means that its customers can benefit from real-time information at the touch of a button. Through CourierLocator, CitySprint offers complete transparency to its customers giving them the up-to-the minute map location of the courier doing their SameDay Courier job. This information is available to view before collection, during the journey and up until the point of delivery. CitySprint’s customers can also share this information with the recipient by emailing them a hyperlink to CourierLocator. CitySprint customers may receive email and/or SMS notifications as to the progress of their jobs and access time stamped job audits as well as electronic proof of delivery.

CitySprint combines a national infrastructure, comprising of 30+ ServiceCentres across the UK, which provides local support with the scale and resource of a national company enabling it to provide levels of service unmatched by many of its competitors.

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Belgian Post to merge parcel, express subsidiaries

Posted by | Oct 12, 2007 | |

Belgian Post announced yesterday it will merge its two subsidiaries Taxipost and Kilopost into a new merged division to be called “Parcels & Express” to cut costs and enhance its services. The future business will operate under the Taxipost brand.

The express unit Taxipost has succeeded in increasing volumes and revenues but has not achieved a financial breakeven in a tough competitive environment, the postal group said in a statement.

Belgian Post said it has therefore decided to merge Taxipost with the parcels unit Kilopost into a new merged division to be called “Parcels & Express” under the management of Eric Piers.

The Taxipost depots will be integrated into the Belgian Post mail division during the first half of 2008 and its contracts will be transferred to the parent group. The mail division will be responsible for handling and delivering all parcels. Belgian Post aims to complete the restructuring by mid-2008.

Belgian Post managing director Johnny Thijs said the restructuring was designed to enable the postal group to achieve its “major ambitions” in the parcels sector, to increase its market share and to reduce cost levels.

The two units had combined volumes of 25 million parcels in 2006. Taxipost increased its express volumes by 22 pct in the first half of 2007.

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DHL Express Bahrain head moves to Saudi

Posted by | Oct 11, 2007 | |

DHL Express Bahrain yesterday announced the redeployment of its top brass to boost operations in the Kingdom and Saudi Arabia.

Nour Suliman, its Bahrain Country Manager for six years with 29 years experience with the express and logistics provider, has been made the Country Manager for its operations in Saudi Arabia.

Mark Benton, DHL’s Country Manager for Oman, replaces Nour Suliman at DHL Express Bahrain. Mark has been with DHL since 2000 when he joined DHL Express New Zealand as National Operations Manager. After three years, Mark moved to SNAS/DHL Saudi Arabia as National Operations Manager based in Al Khobar. In April 2006, he was given the Oman posting.

Suliman and Benton’s promotions come as part of DHL’s continuous plan for expanding and growing the business in Saudi Arabia and Bahrain, said Dave Spargo, Regional Area Director for DHL Middle East. Saudi Arabia is considered the biggest logistics market in the Middle East, and Bahrain is strategically important, as the location for the company’s regional hub, as well as a local market continuing to offer growth in the express freight and logistics business.

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TNT Express delivers for French e-retailer Cdiscount.com

Posted by | Oct 11, 2007 | |

TNT Express France has won a contract to deliver goods ordered online from leading e-retailer Cdiscount.com. The deal extends the operator’s home delivery activities in France.

Since September, TNT Express France has been delivering goods within 24 hours for the sales portal, which claims to be France’s largest e-commerce website.

Under the cooperation, consumers buying goods on Cdiscount.com can select TNT as their transport provider and have their items delivered direct to their home. Deliveries are made within 24 hours of the order being processed, with deliveries made Monday to Saturday between 08:00 and 13:00. Cdiscount.com customers can track their goods through the website.

If the consumer is not at home, the item is made available on the same day at the nearest Relais Colis pick-up point and the customer is informed by SMS. TNT cooperates with this parcel drop-off and pick-up network, which works on a shop-in-shop retail basis and has 3,800 outlets across France.

The e-retail website was set up in 1998. It has 40 online shops, 5.2 million customers and more than 25,000 orders per day.

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