Tag: USA

DHL signs new agreement with leading motorcycle manufacturer

Posted by | Jun 17, 2008 | |

DHL announced a two-year, multimillion-dollar agreement with KTM North America, Inc., a motorcycle manufacturer.
Under the agreement, DHL becomes the preferred overnight express shipping provider for KTM, delivering parts and accessories to KTM dealers across the U.S. and Canada, while providing the latest automated tracking, shipping and invoicing solutions.
DHL will also be the official shipping provider for KTM racing teams, delivering bike parts and accessories needed at motor sport events.
KTM is one of the world’s leading manufacturers of off-road, street motorcycles and ATVs. DHL will provide KTM with its domestic express and international services for delivery of motorcycle parts, accessories and safety gear from KTM’s distribution center in Cleveland, Ohio to more than 350 KTM dealers across the U.S. and Canada. DHL will also transport specialized motorcycle parts and safety gear to KTM teams at competition venues in the U.S.
DHL is the first shipping and logistics provider that will enable KTM to receive its invoices electronically, through an electronic interface between KTM’s Austria headquarters, its U.S. operation and DHL’s own backend system. DHL has also integrated its backend shipping network with KTM’s order management system, cutting the shipping preparation time from seven minutes to only seconds per package.

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EMA Foundation for Paper-Based Communications Institute for Postal Studies Releases 2008 Economic Jobs Study

Posted by | Jun 17, 2008 | |

The EMA Foundation for Paper-Based Communications’ Institute for Postal Studies has just released the 2008 Economic Jobs Study, which is an update to their 2003 study. The study reveals that there are approximately 8.4 million jobs and over USD 1 trillion in revenue associated with the mailing industry.

The study breaks down the jobs by state and congressional district. Jobs associated with the mailing industry are contained in two categories: 1) those that are associated with the creation of mail or the handling, distribution, delivery or receipt of mail and parcels; and 2) jobs associated with firms whose sales depend on mail and parcel carriers to deliver products that they sell or that use mail advertising to sell their products or
services.

This study analyzes data collected by the U.S. Bureau of Labor Statistics in its Occupation Employment Statistics program on employment by occupation and industry, the U.S. Census Bureau in its 2002 Economic Census, and the Direct Marketing Association’s study of jobs associated with direct mail marketing.

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Omega United, Inc. dba SkyPostal Networks completes USD 10 million private placement

Posted by | Jun 16, 2008 | |

Omega United, Inc. dba SkyPostal Networks, Inc., an international mail distribution company specialising in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC), announced the completion of a private placement financing totaling USD 10 million. Falcon Capital, a boutique investment banking firm based in London, acted as placement agent for the financing.
The Company also announced it converted approximately USD 3.2 million of debt into equity in the form of common shares. The new combined capitalisation of over USD 13 million strengthens SkyPostal’s now totally debt free balance sheet.
The net proceeds of the offering will be used to improve the hand delivery network in LAC with the deployment of its GPS delivery confirmation system, expand services to customers, and for potential acquisitions. “We believe this financing will enable SkyPostal to substantially accelerate progress toward our key strategic initiatives and solidify our market presence,” said Albert P. Hernandez, SkyPostal President and CEO. “With recent developments and the closing of this private placement, SkyPostal will be able to consolidate its network in LAC and expand its service offering to Europe. With this additional capital, we will be able to fast track the growth of the company both organically and through strategic acquisitions.”
SkyPostal has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.

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Pitney Bowes open to Indian acquisitions

Posted by | Jun 16, 2008 | |

Pitney Bowes Inc. is open to acquisition in India. Provided the potential company’s business is complementary to Pitney Bowes business plans.
Pitney Bowes has been on acquisition trail in the last six years acquiring close to 70 companies in the last six years. The company is branching beyond the postage meter business and has invested USD 2.5 billion in acquisitions since 2000 to make inroads into the document services market.
Among the high profile acquisition for the company has been location intelligence provider MapInfo, which the company acquired for an undisclosed amount in 2004.
Pitney Bowes made its direct presence in India in 2004, though the company had an indirect presence in country through its distributors from 1970.
More than 10,000 of its two million customers worldwide are from India and half of 2007 revenues came from the sale and operation of postage meters.
Speaking about company business in India, Eric-Yves Mahe, said Pitney Bowes is hugely excited about its prospects in India.
Eric added that company looked to leverage its existing relation ship with its 10,000 customers in India.
The company also has recently signed an MOU with India Post. Under the MOU, Pitney Bowes will set up its network infrastructure to enable Indian postal franking meter users to remotely recharge franking machines without having to physically carry them to a post office.

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Consumer Electronics and E-Commerce

Posted by | Jun 16, 2008 | |

Many consumers to pull back on gadget spending

Despite the jittery economy, eMarketer predicts that retail e-commerce sales in the US will reach USD 146 billion this year, up 14.3% over 2007.

However, some categories of retail e-commerce may not fare as well as others. Two traditionally strong online sales categories—computers and consumer electronics—may see a slowdown, based on a Piper Jaffray study of online buyers. Along with jewelry and watches, more respondents said they were likely to decrease spending on these categories than on any other.

That conservative approach will also affect total retail sales for those categories, judging by a similar study by The NPD Group. More than one-third of responding consumers said they planned to spend less on entertainment products and devices, compared with 18% who said they would spend more. Almost one-half said they would keep spending the same amount as last year. As a result, NPD said that sales of such products would slow slightly.

Seasonality is another important trend to watch. For online retailers, the holiday season is the best time for consumer electronics sales, according to Nielsen Online data. In November 2007, the average order size for consumer electronics hit an annual high of USD 135, a rise from October’s USD 127 average, settling to USD 132 in December. The rest of the year, Nielsen data shows the average order size hovered around USD 93 to USD 100.

By contrast, online sales of computer hardware peak in summer based on strong back-to-school demand. The category had monthly average online sales of USD 272 and USD 256 in October and November 2007, respectively. These sales were far larger than those in the consumer electronics category—but also far lower than the averages posted for computer hardware in July (USD 455) and August (USD 387).

While last year’s monthly sales patterns will likely hold true this year, exactly how much consumers will spend remains in question.

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