Tag: Japan

TNT sells freight management to GEODIS

Posted by | Nov 16, 2006 | |

TNT N.V. today announced that it has signed a Sale and Purchase Agreement (SPA) to sell its freight management business unit to French logistics service provider GEODIS SA. The transaction has an enterprise value of euro 460 million, cash and debt free. TNT estimates cash proceeds of above euro 400 million. The transaction will bring TNT a book gain of well over euro 150 million and is expected to close in the first quarter of 2007 subject to regulatory clearances. Final amounts will be calculated on the basis of completion accounts.
Peter Bakker, CEO of TNT stated: “We bought the business in 2004 primarily based on a rationale related to Logistics. As part of our Focus on Networks strategy we studied the relationship to our express and mail delivery networks and decided that selling the freight management business is the best way forward and will allow TNT to focus on the many growth opportunities that our network businesses offer. I congratulate GEODIS with the acquisition of this excellent business and wish the management and employees continued success.”
Pierre Blayau, Chairman & CEO of the GEODIS group stated: “We are very excited by the acquisition of TNT Freight Management, which is a valuable company and a perfect fit with GEODIS business model. I am pleased to confirm that Jeff Hoogesteger will remain CEO of TNT Freight Management from Headquarters maintained in the Netherlands”.

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UPS Trade Direct comes to Japan

Posted by | Nov 3, 2006 | |

United Parcel Service Inc. has begun its first inbound Trade Direct service in Asia.
The Atlanta-based package shipper has debuted its UPS Trade Direct service inbound to Japan, making the service available from 50 origin countries in North America, Europe and Asia. The Japan service is the first Trade Direct inbound lane to be opened in Asia by UPS.

UPS Trade Direct is an international freight service that combines air or ocean freight transportation and customs clearance with package and less-than-truckload service for final delivery. UPS said the service offers faster transit and the ability to bypass traditional warehouses and distribution centers because shipments can go directly from airplane or ship into the local UPS delivery network. UPS introduced the service in 2002.

Trade Direct Air will serve the inbound Japanese market through Osaka and Tokyo, where UPS has daily flights from Anchorage, Alaska; Shanghai, and the UPS Asia Pacific air hub in the Philippines. Trade Direct Ocean will flow through the ports of Kobe and Tokyo. Within Asia, Trade Direct Air will be available from 25 air gateways across 12 countries and Trade Direct Ocean will be available from 27 ocean ports in 11 countries.

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DHL expands Time Definite Delivery service

Posted by | Nov 1, 2006 | |

DHL, the world’s leading express and logistics company, has further enhanced its Time Definite Delivery (TDD) service to include parcels. The expansion will take effect from 1 November 2006.

A suite of time-definite delivery products, DHL’s TDD portfolio comprises StartDay Express for guaranteed delivery by 9 a.m., and MidDay Express for delivery by noon. Until now, customers have been able to send documents only with StartDay Express. With the latest service enhancement, it will be possible to deliver parcels as well by 9 am the next business day to five countries: Hong Kong, Taiwan, the Philippines, Thailand, and Singapore, and by 9 a.m. the second business day to Australia. In addition, customers will now also be able to send parcels to the Middle East using MidDay Express. with delivery by noon on the second business day in the United Arab Emirates (UAE).

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EPCglobal Inc initiates RFID pilot project to enable sea container visibility between Hong Kong and Japan

Posted by | Oct 30, 2006 | |

EPCglobal, the not-for-profit standards organization dedicated to driving global adoption of the Electronic Product Code for supply chain excellence, today announced that the Transportation and Logistics (TLS) Industry Action Group has initiated a RFID (Radio Frequency Identification) pilot program. The Ministry of Economics, Trade and Industry (METI) in Japan is an active participant in the TLS Action Group and is providing extensive support for this important pilot.

The first phase of the pilot, which is planned to be completed in February 2007, will assess the use of both passive and active UHF EPC/RFID tags for sea-shipment of cartons and containers between Hong Kong and Japan. Associated data will also be exchanged through EPC Information Services (EPCIS). The Hong Kong EPC Network developed by GS1 Hong-Kong will be used to communicate with other EPCIS networks in Japan. A second phase, scheduled for completion in September 2007, will be handled between Shanghai and Los Angeles.

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Japan Post to start frozen goods parcel delivery service

Posted by | Oct 23, 2006 | |

Japan Post aims to start a parcel delivery service for frozen goods to catch up with private-sector rivals such as Yamato Transport Co. and Sagawa Express Co., informed sources said Monday.

Japan Post hopes to start the service throughout Japan as early as Nov. 1 after obtaining approval of the Internal Affairs and Communications Ministry, the sources said.

The new service will add to the current parcel service which includes delivery of chilled goods.

Japan Post will newly introduce freezing equipment and containers at key post offices and on home delivery vehicles. As for transportation between regions, Japan Post plans to commission the operations to food makers and transportation service companies, according to the sources.

Since its foundation in 2003, the state-owned corporation has reinforced its parcel delivery service mainly through tie-ups with retailers.

Its partner convenience stores now accept parcel delivery orders to Japan Post at their store counters, while other retailers commission distribution and transportation of their goods to Japan Post.

Japan Post now hopes to begin the frozen goods delivery service to increase its competitiveness further ahead of the start of its 10-year privatization process in October 2007, the sources said.

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