The US customs authorities are planning to reduce the number of tore ign seaports from which loaded containers can be shipped to the LS to only ten hubs worldwide. The measures are designed to prevent terrorists from smuggling arms or weapons of mass destruction into the country by sea.
Read MoreDeutsche Post World Net, the German state-aid company, had record revenues and earnings for 2001, but warned for a more difficult 2002.
Deutsche Post group revenues totaling some 33.4 billion euro were 2.0 per cent higher than the previous year.
Earnings, the profit from operating activities (EBITA), grew 7.1 per cent to about 2.6 billion euro.
Net profit rose 4.6 per cent to around 1.6 billion for 2001. Earnings per share were 1.42 euro.
The available financial figures are still preliminary. Deutsche Post World Net will present the precise figures and further details at its financials press conference on April 8, 2002.
‘For the year 2002, we expect to continue this successful course for the group. However, it will be difficult to again surpass our operating profit,’’ said CEO Klaus Zumwinkel.
Source: Deutsche Post release
Read MoreGerman appliance manufacturer Miele has entered into a product distribution agreement with Exel Direct, the big-ticket product fulfillment business unit of global supply chain provider Exel.
Read MoreThere is no issue more critical to the future of commerce than managing global supply chains, which is why the future of UPS is bright, the company’s chairman and CEO said today. And that, Eskew added, is why UPS has been migrating “to a complete supply chain solutions company … a company that makes it as easy for a customer to ship a package or manage a supply chain from Iowa to India as it is from Iowa to Indiana.” The company said it expects improving revenue trends and earnings increases in the low-teens. Among the factors contributing to the estimate are an expected 50-to-60 percent improvement in the profitability of UPS’s international package delivery business and a gain in profitability of approximately $100 million in its non-package segment this year.
Read MoreTNT Airways is expecting to launch its first scheduled longhaul freighter services next month – part of a plan to develop a global 11747 freighter net work.
The green light from the South African authorities will see a three or four-times weekly B747 flying between TNT’s Liege hub and Johannesburg.
“We think approval is imminent, and we maybe able to launch next month,” said MD Niky Terzakis.
TNT has been flying once or twice a week to Johannesburg on a charter basis, through Atlas Air, since October, but has applied for the aircraft to be registered in Belgium and has been training its own crew on B747s
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