Tag: Worldwide

FedEx Ground to Increase 2008 Rates by 4.9 Percent

FedEx Corp. will increase the standard list rates for FedEx Ground and FedEx Home Delivery by an average of 4.9 percent. The new rates will be effective Jan. 7, 2008.

FedEx Corp. previously announced an increase to the net average shipping rate for FedEx Express by 4.9 percent, which is composed of a 6.9 percent increase in standard list rates, offset by a 2.0 percentage point reduction in its fuel surcharge. These rates also are effective Jan. 7, 2008 and apply to U.S. and U.S. export express package and freight shipments.

Additional changes will be made to other FedEx Ground and FedEx Home Delivery surcharges effective Jan. 7, 2008.

Read More

TNT gains most in two years on speculation about market opening

TNT NV, Europe’s second-biggest express-delivery company, rose the most in two years in Amsterdam trading following speculation the Dutch government may delay plans to open its mail market.

TNT shares rose as much as 1.24 euros, or 4.6 percent, to 28.10 euros, the biggest increase since Dec. 6, 2005, and were up 4.2 percent as of 11:51 a.m. The stock has fallen 14 percent this year.

An agreement reached by Germany’s coalition government to introduce a minimum wage for postal workers means the Dutch government may “pull the ’emergency brake’ on its market liberalization,” Andrew Beh, an analyst at Bear Stearns in London, said in a note to investors today.

TNT is scheduled to lose its monopoly on mail delivery in the Netherlands starting in January under measures approved by the country’s parliament in June. The opening is tied to a “level playing field” in Europe, which means it may be suspended if other European countries take measures that could hurt competition.

A suspension of the Dutch market opening would remove any “immediate” threat to the company’s mail volumes and earnings before interest and taxes at the mail business, JP Morgan analyst Damian Brewer said in a separate note to investors.

European Union governments agreed on Oct. 1 to require member countries to open up their letter-delivery markets to competition no later than 2011. Eleven of the EU’s 27 member states don’t have to liberalize their markets until 2013.

Standard letters are two-thirds of the EU’s 88 billion-euro postal market and offer twice the profit margin of packages and express mail, according to the European Commission, the Brussels-based EU executive arm.

Read More

UTi Sun Couriers Streamlines Operations and Real Time Delivery Confirmation

Fast, reliable service is important to most any business, but in the courier industry it’s do or die. Just one hour’s delay can leave a significant negative impression on customers waiting for that all-important letter or package.

UTi Sun Couriers, a division of UTi Worldwide, is Southern Africa’s largest courier company, specializing in moving express freight to and from any address in South Africa or overseas. With branches throughout the country, UTi Sun has built its business on timely and reliable deliveries.

To further enhance customer service, the courier decided it was time to replace an antiquated radio trucking system and approximately 800 outdated handheld computers. In its place, UTi Sun needed a technologically advanced parcel tracking system with the ability to confirm deliveries in real-time.

Equipping Mobility: Intermec, ProScan and MTN
UTi Sun Couriers management tapped Intermec partner ProScan Systems to design, equip and implement the new system. ProScan is a leader in barcoding, RFID, data collection, wireless networking, and mobile technologies, and is the sole distributor for Intermec products in South Africa.
The integrator – along with Intermec and MTN, Africa’s largest cellular network – delivered the first phase in one of the largest and most advanced combined WLAN and GPRS mobile communication and data collection systems in the country. The system features Intermec 761 handheld computers.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest