Tag: International

time:matters opens branch offices in Italy and Norway

Posted by | Oct 16, 2008 | |

time:matters is continuing to pursue its internationalisation strategy with the opening of two additional foreign branches in Italy and Norway.

The new branch offices are located at Milan and Oslo and both focus on the international time-critical spare parts logistics which the company sees as a growth segment within the logistics industry. time:matters is especially targeting customers from the medical technology, high-tech, engineering and automotive industries in Italy and Scandinavia due to the steadily growing need for customised solutions in all logistics segments.

The logistics provider is now represented in seven European countries, and also operates a branch in Singapore which is responsible for activities and customer relations in the Asia-Pacific region.

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Taiwan and China poised to launch direct postal exchange

Posted by | Oct 16, 2008 | |

Taiwan and mainland China are poised to set up direct postal link, which will halve the delivery time and postage cost, said Kao Kung-lian, secretary general of the Straits Exchange Foundation (SEF), yesterday (Oct. 15).

The postal link will cover not only common mails but also parcels and express-delivery packages carried out by Chunghwa Post Co., Ltd. and its Chinese counterparts, according to Kao.

The statement was confirmed by Yang Yi, spokesman of Taiwan Affairs Office of China`s State Council, who said yesterday that direct postal link will be a major topic in the talk between Chen Yunlin, chairman of the Association for Relations Across the Taiwan Straits (ARATS), and P.K. Chiang, SEF chairman, during the former`s upcoming visit to Taiwan. The talks will also cover such issues as direct shipping link, direct charter freight flight, direct charter passenger flight on weekdays, and direct cross-Strait flight route.

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TNT trading statement

Posted by | Oct 16, 2008 | |

Trading conditions in TNT’s European Express business have significantly worsened in September and, based on the volume patterns in the first two weeks of October, TNT expects this pressure to continue in the fourth quarter.
Within a context of severe global volatility in financial markets, the recessionary trend in the economy in Europe has accelerated, causing the volumes in the premium International Express (air) product to decrease around 10pct. The Economy Express volumes (road) have continued to grow albeit well below levels of 2007.
In the Express Emerging platforms the growth and margins continued to develop in line with our outlook.
TNT’s Mail business is also developing according to the outlook, producing a robust operating income and cash flow for 2008.
TNT was able to refinance its capital requirements in August, ahead of the deepening of the financial crisis in September/October. Combined with the strong cash flow, this puts TNT on a solid financial footing going forward.
TNT will present an updated outlook for 2008 in its Q3 publication on October 27. The margins in the Express ‘’International & Domestic’’ line of business are currently expected to develop around a solid 9 pct for the full year, with somewhat lower revenue growth. No changes in other lines of the outlook are currently foreseen.

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Interview: "Posts can profit from parcels growth" – UPU

Posted by | Oct 15, 2008 | |

The world’s Posts can profit from continued growth in parcel volumes driven by e-commerce and benefit from international initiatives to improve interconnectivity, the head of the Universal Postal Union (UPU) told CEP-Research in an interview.

E-commerce and online shopping, in particular, had changed the way supply chains are organised, Dayan said. “Increasingly, these supply chains depend on faster, more frequent and reliable delivery options of smaller consignments over greater distances.”

The picture is more mixed in the express market, according to Dayan. “The differences between EMS, parcels and small packets are not always clearly defined,” he pointed out. According to UPU figures issued this summer, the 149 Posts in the UPU EMS Cooperative increased their express volumes by 23pct between 2004 and 2006, with an average 88pct on-time delivery performance.

Under the new world postal strategy, the UPU will focus on improved interconnectivity to reduce technical barriers between the world’s Posts, governance issues and development activities in certain world regions. Interconnectivity will cover areas such as better end-to-end track-and-trace through a common IT standard, and EDI interfaces with airlines via IATA and customs authorities through the WCO. Payment services and online services will be two other important growth areas.

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FedEx adds flights to Colombia

Posted by | Oct 14, 2008 | |

FedEx has continued its expansion in Latin America by adding five weekly flights to Colombia to strengthen its presence in the country, according to a media report.

FedEx has launched five weekly flights between Bogotá and Memphis with an A300-600 freighter, in addition to its existing domestic operations comprising a network of 29 shipping centres and a fleet of 45 trucks, the La Republica newspaper reported.

Guillerme Gatti, FedEx Express marketing director for Latin America and the Caribbean, said that Colombia was becoming a more important market for the company thanks to the growth of the flower industry and SMEs. “We are excited about the development of the Colombian economy and therefore we are expanding our coverage and are optimising our processes,” he commented.

FedEx, with some 250 direct and indirect employees in the country, aimed to benefit from increasing foreign investment in Colombia and a resulting growth in demand for transportation and logistics services, Gatti said.

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