Tag: Worldwide

Menlo acquires Shanghai-based 3PL for US$60m

Menlo Worldwide has signed a definitive agreement to purchase Chic Holdings and its wholly owned subsidiaries Shanghai Chic Logistics and Shanghai Chic Supply Chain Management.

Menlo is acquiring Chic Holdings, its assets and subsidiaries for a cash payment of US$60 million plus an undisclosed future earn-out incentive based on its performance.

Headquartered in Shanghai, Chic Logistics provides domestic 3PL and transportation management services in The People’s Republic of China. The company has 130 operating sites in 78 cities, and generated revenues of US$55.2 million in 2006, a 40% increase over 2005.

According to Menlo Worldwide president Robert Bianco Jr, this is the most strategic acquisition in Menlo’s history.

Menlo’s China operations will be based at Chic Logistics’ headquarters in Shanghai. Combined, the two companies will operate from 139 sites in 79 cities, with nearly 180,000 m2 of warehouse space under management.

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The humanitarian face of mail

The United Nations Postal Administration (UNPA), the Universal Postal Union and Swiss Post unveiled four stamps today to raise awareness of the importance of “humanitarian mail” in times of natural catastrophes or conflicts.

The UNPA issued three stamps, one for each of the UN Offices in New York, Geneva and Vienna, while Swiss Post issued one as a UPU official stamp. It is the first time that the three organizations work together on a common issue.

The four stamps were unveiled during a ceremony at UPU headquarters by Adolf OGI, Special Adviser to the United Nations Secretary General on Sport for Development and Peace, Edouard DAYAN, UPU Director General, Robert GRAY, Head of the UNPA in New York, and Ulrich GYGI, Chief Executive of Swiss Post.

The stamps all share a common design – a letter carrier holding a letter in one hand as he floats over a sea of hands reaching for the letter. “The design symbolizes the UN’s and the UPU’s commitment to delivering food, aid, material and mail to the victims of natural disasters or armed conflicts,” explained Robert GRAY. In certain cases, humanitarian mail enables people to find lost relatives and serves as a communication link when other communication means have been destroyed or have broken down.

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Redline Communications selects Kuehne + Nagel to deliver globally integrated supply chain solution

Redline Communications, a leading provider of standards-based wireless broadband solutions, has selected Kuehne + Nagel to provide a global supply chain solution integrating international and domestic transportation management and contract logistics and related value-added services, with global network visibility, inventory and order management.

To support its solution, Kuehne + Nagel has established strategically located logistics operations for Redline in Toronto; Dallas, Texas; and Taipei, Taiwan. The company also has deployed its powerful supply logistics applications, which include replenishment algorithms that help improve order accuracy and inventory management.

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Mr. Price and TNT Italy sign agreement

Mr.Price, one of the most important online sales website of electronic and electro domestic products in Italy signed an agreement with TNT Italy.

The agreement includes the delivery of the products, installation, in-house test and pick up service of all range of products offered by Mr. price website: refrigerators, laundry machines, TV, etc.

The agreement covers all regions in Italy, including rural areas. The customers can set the date and time of delivery at the moment of purchase.

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USPS utilizing new rate classification guide designed By Hasler

Since the launch of its new Shape-Based Pricing (SBP) initiative with the May 14, 2007 postal rate change, the United States Postal Service has produced and distributed over 200,000 official rate classification guides based on a design by Hasler, Inc. These guides, circulated to USPS Retail Associates in over 38,000 post offices around the United States, are used to simplify the process of calculating mailing costs under the new SBP regulations.

In order to better align the price of postage with actual processing costs, the USPS shifted from the use of a pure weight value to a size, thickness and weight combination when determining the cost of postage. Under these Shape-Based Pricing guidelines, it is now critical that a mail piece be measured and classified either as a letter, flat or parcel, to ensure the proper postage value is applied. Hasler, in order to help its customers better understand and take advantage of the new mailing rates, designed a Shape-Based Pricing sorting device that efficiently categorizes the mail under the new regulations. The guide contains the size measurements and thickness slots necessary to allow a mail piece to be correctly sorted as a letter, flat, or parcel.

The new rate guide is a handy, must-have tool that will greatly facilitate the job of pricing for the Retail Associates. Hasler has already produced both hard cardboard and sturdy, self-standing acrylic versions that are available to its dealer network and its customers throughout the United States.

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