Tag: Japan

Yamato Transport to start int’l delivery service for printed matter

Yamato Transport Co. will start a new service for sending printed matter, such as magazines and catalogues, from Japan to overseas in the same delivery time but at a cheaper rate compared with Japan Post, company officials said Tuesday.

Yamato Transport will offer the new service at 70 locations across the nation from July 1, eventually increasing its availability to about 3,000 places, the officials said.

The company will not handle individual letters addressed to specific persons.

Under the new service, delivery will take four to 14 days, almost the same as that of Japan Post, the public corporation in charge of postal services, the officials said.

Yamato Transport will assign the delivery at overseas destinations to local mail service providers, they said.

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Deutsche Post board member Appel says DHL seeks US, Asian acquisitions

Deutsche Post World Net AG board member Frank Appel told Die Welt in an interview to appear in tomorrow’s edition that its DHL unit wants to make acquisition in order to expand its logistics operations in the US and Asia.

‘We are talking about small to mid-sized companies with sales between 10-150 mln eur,’ Appel told the newspaper.
However, in Eastern Europe DHL wants to grow organically, he said.

Appel declined to comment on whether Deutsche Post wants to acquire UK logistics company Exel PLC.

‘That rumour has already been around for three years,’ Appel said. ‘I don’t know who keeps bringing that up.’

Appel confirmed that Deutsche Post is in talks to buy the remainder of KarstadtQuelle AG’s logistics operations.

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DHL to offer high performance residential parcel service in Japan

DHL Smart & GlobalMail has announced a new postal parcel shipping option into the fast-growing Japanese market through cooperation with Yamato Transport U.S.A., Inc., that cuts delivery times by 40 percent and adds new product features.

The product provides a delivery time of 6-7 days and includes customs clearance. The new parcel delivery service also offers additional features such as track and trace, and a returns notification service that informs customers about shipments that could not be delivered. It offers a unique solution for a broad variety of businesses shipping light and heavyweight items. Customers receiving parcels in Japan will be able to choose from six delivery time windows every day, including Sundays and holidays. Serving the increasing demand for a midrange-priced parcel delivery product in that market, the new parcel service is for dutiable and non-dutiable packets and parcels up to 55 lbs. (25 kilograms).

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Japan Post sees setback in revenues in all 3 divisions

Japan Post said Wednesday its operating revenue shriveled to 20,633.3 billion yen in fiscal 2004, down 16.1 percent from the previous year, as its three business divisions in charge of mail delivery, postal savings and postal life insurance fared poorly.

In the business year ended in March, Japan Post made a net profit of 1,234.7 billion yen, down 46.4 percent but still well above Toyota Motor Corp.’s 1,171.2 billion yen net profit for the same year.

However, the decreased revenues in all the three divisions represented its weak profitability, a factor expected to help those against the government’s plan to privatise the public entity.

Revenue in the mail delivery, postal savings and postal life insurance businesses totaled 1,933.0 billion yen, 4,098.9 billion yen and 14,665.0 billion yen, dropping 2.0 percent, 30.2 percent and 13.0 percent, respectively.

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Japan Post’s mail service makes profit for 2nd straight year

Japan Post has said its mail delivery service made a profit for the second straight year in fiscal 2004, a result expected to help those against the government’s plan to privatise the public entity.

In the business year ended in March, Japan Post made a net profit of 25.2 billion yen as the number of parcels handled by its “Yu-Pack” door-to-door delivery service increased 17.8 percent. That more than offset a decrease in the delivery of regular mail caused by increased use of e-mail.

The net profit in fiscal 2004 marks a decrease of 4.2 percent from the previous year’s profit of 26.3 billion yen.

Operating revenues in the mail delivery business fell 2.0 percent to 1,933 billion yen, reflecting the widespread use of e-mail and increased competition, Japan Post said.

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