Tag: Worldwide

Despite Delays, PhilPost Claims Delivery at Intl Standards

Posted by | Oct 1, 2002 | |

The finances of state-owned Philippine Postal Corp. continued to deteriorate last year, posting a net loss of P199 million, up 342 percent from only P45 million in 2000.

Philpost attributed this to a decline in revenues — from P3.429 billion to P3.411 billion — and the escalation of operating expenditures, particularly on transportation services for both domestic and international mails.

Despite Philpost’s modernization efforts, the company is still swamped with complaints from customers about mail that arrive late or those that are not delivered at all.

But Philpost claims its mail delivery performance remains within acceptable international standards.

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Hermanus Kasper is New CEO of Nampost

Posted by | Oct 1, 2002 | |

“One of the longest searches for a Chief Executive in corporate Namibia ended yesterday with former NamPower top manager Hermanus Kasper being named as the new CEO of NamPost. The previous CEO, Abraham Kukuri, tendered his resignation from the State-owned company in July last year, saying he wanted to concentrate on farming, his ‘other passion in life’. Kukuri left his office last September and NamPost has been hunting for a new head ever since. Kasper is currently General Manager: NamPower Investments. He takes over at NamPost on November 1. ‘It has been a long and arduous process for the board of NamPost to find the right CEO,’ said NamPost board Chairperson Sebby Kankondi in a press release issued yesterday.” The Namibian: “Kankondi said he wanted Kasper to continue to turn NamPost into a dynamic organisation. ‘To survive in today’s volatile and competitive business environment, organisation need to react quickly and intelligently to changing business conditions and customer demands. We have to be innovative in every aspect of our business strategy,’ he said. As well as being the sole supplier of postal services in Namibia, NamPost has over 200 000 savings accounts, more than any other financial institution in the country. It is also busy with a national roll-out of digital technology, and is one of the few post offices on the continent to regularly turn in a profit.”

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FedEx Unveils plan to nearly double ground volume capacity

Posted by | Sep 30, 2002 | |

FedEx Corporation, announced today a $1.8 billion, six-year expansion plan for its operating company, FedEx Ground, which will nearly double its daily package volume capacity from 2.5 million to 4.8 million by the end of fiscal year 2009.

The multi-phase plan includes the addition of 10 new and 23 expanded central distribution hubs, as well as the expansion or relocation of more than 300 existing facilities.

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DHL tabs Larson as U.S. sales VP

Posted by | Sep 30, 2002 | |

DHL Worldwide Express has appointed Martin Larson as its new vice president of sales for the U.S.

Larson will oversee all aspects of sales including managing field sales and special services, business development, sales planning and administration.

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UPS wraps up $1 billion expansion in Louisville

Posted by | Sep 30, 2002 | |

The enlargement of the newly named UPS Worldport is the largest capital project in the company’s 95-year history and increases the hub’s sorting capacity to 304,000 packages per hour. The expanded capacity and automated sorting will mean greater reliability and faster transit times for customers, UPS said.

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