Tag: UK

SPECIAL REPORT – FULFILMENT: Receiving end

Posted by | Apr 29, 2005 | |

The tenet that the customer is always right does not seem to have permeated the home delivery sphere, with many packages turning up at unspecified, inconvenient times. But with new entrants raising standards, the old school may be forced to mend its ways.

Home shopping may be big business, but it is no longer the sole domain of big businesses, with everyone from Amazon to the local corner shop now offering an online or catalogue shopping experience. But while the rest of the retail world has been moving speedily towards home shopping solutions, it would seem that most delivery companies have been standing still.

Home shopping exists to cater for consumers who are too busy to visit the high street, so it should come as no surprise that they may not be able to wait at home all day to receive a package.

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Cuts still on agenda at An Post despite EUR7m profit

Posted by | Apr 29, 2005 | |

An Post is still seeking up to 1,500 redundancies, a price rise of 25 per cent and further work practice changes despite announcing a pretax profit for 2004 of EUR7 million yesterday.

Donal Curtin, the company’s chief executive, said An Post was “not out of the woods yet”. He said an increase in the price of a stamp from 48 to 60 cent would help the company to complete its rescue plan.

“Despite the success of strict control measures, the An Post cost base remains too high and substantial cuts are essential through headcount reductions, efficiencies, work practice changes and the implementation of the automation agreement,” he said.

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Courier grows with networks

Posted by | Apr 28, 2005 | |

Courier Logistics says offering a full complement of express services through the APC parcel and Pallet-Track networks has helped it increase its annual turnover by 43% from £2.8m to £4m. Managing Director Paul Johnson says: ‘We are finding it easier now we are selling the complete service, parcels and pallets, and that APC customers are now using the Pallet-Track service. We are now able to compete with the likes of TNT.’

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Pallet-Track set to launch sales forum

Posted by | Apr 28, 2005 | |

Pallet-Track is aiming to increase sales by 20% with the launch of sales forums for its members. The network has invested £30,000 in the initiative which will be headed up by sales and marketing director Andrew Spencer and also by a specialist consultant.

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Target Express on road to GBP 250 m float

Posted by | Apr 26, 2005 | |

Directors at Warrington parcel firm Target Express are mulling a possible flotation of the business in a move that could value it up to GBP250m.

It is understood the firm’s venture capital investor 3i, which backed a management buyout in 2000, is now keen to exit the firm.

Target Express has appointed advisers Hawkpoint to look at its future and a possible sale is also believed to be high on the list of options.

Sources close to Target Express, confirmed that 3i, which owns 70 per cent of the business, is looking for an exit.

In a statement, chairman David Hoare said: “We are profitable and very cash generative so there is no need to do anything from a funding standpoint. But we always look at ways to increase our business and we will look at the whole range of options.”

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