Tag: Worldwide

Gati opens Bangalore warehouse for express goods

Posted by | Jun 26, 2007 | |

The express distribution and supply chain company Gati plans to invest USD 100 million in the next three years. It plans to set up 19 express distribution centres (EDC) with an addition of one million sq ft area across India by 2009.

Gati has launched its mechantronic EDC in Peenya, an industrial town in Bangalore. Spread over an area of three acres, the mechantronic EDC provides a total storage capacity of 2,50,000 sq ft. The mechantronic EDC will basically offer multiple levels of storage, sorting, pick pack facility with racking and security systems, material handling equipment and an online warehouse management system for managing customer’s inventory. Meanwhile, the company has acquired land in Nagpur for setting up its central distribution centre. It is targeting a market share of 15% by 2009.

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Pitney Bowes and RPost Ink Global Deal

Posted by | Jun 26, 2007 | |

Pitney Bowes and RPost, the leader in managed outbound messaging with its flagship Registered E-mail services, today announced that they have entered into a global alliance. Under terms of the agreement, Pitney Bowes will offer RPost Registered E-mail services to its mailstream customers.

By adding RPost services, Pitney Bowes can now provide its customers with a full set of high-value outbound messaging tools for client records management, compliance, e-discovery, paper reduction and cost reduction initiatives. RPost Registered E-mail messages provide e-mail senders with verifiable proof of message delivery, content and time stamp for e-mails sent to any Internet address.

Information-intensive markets, such as legal services, are challenged with managing thousands of records and producing information on demand, faster and more cost-effectively than ever before. The Radicati Group, a leading market research firm in the computer and telecommunications industry, estimates that the average business user sends and receives about 170 e-mail messages per day. Highly sensitive business is conducted via e-mail, with discoverable data scattered across an organization, on mail servers, desktops and mobile devices. The RPost service will enable Pitney Bowes customers to streamline the process of managing and retrieving critical business communications, with an easy-to-use, cost-effective solution.

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Israel Post Company Postal Employees Strike

Posted by | Jun 25, 2007 | |

Severe postal service disruptions are expected as Israel Postal Company employees went on strike last Monday 25th.

There was no mail distribution in most areas of the country, and income tax, V.A.T., National Insurance Institute payments and other bills couldn’t be processed; as wells as vehicle ownership transfers and diplomatic post.

Reuven Karazi, chairman of the postal service’s national workers’ committee, said the workers are protesting the government’s refusal to delay opening the market to competition, scheduled for July 2.

Employees are asking that the company, currently a monopoly, be allowed flexibility in setting prices – such as reducing bulk mail rates – before free competition is allowed. Otherwise, the Israel Postal Company will be uncompetitive, and this will result in either layoffs or bankruptcy, Karazi said.

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EU accession boosts TNT Romania's profitability

Posted by | Jun 25, 2007 | |

Courier service provider TNT Romania, one of the leading players on the domestic market, saw a 37% profit increase against the same time in 2006. Company representatives did not, however, specify the value of the profit registered in the first five months of the year.

“This increase is due to us taking advantage of a potential generated on the one hand by the rise in post-accession trade, and by the increase in the number of transactions conducted between companies present on the Romanian market on the other, as a result of an investment programme we have been preparing over the last few years,” said Bogdan Zafiu, sales&marketing manager of TNT Romania.

Therefore, if the company’s growth rate is maintained until the end of the year, the company could reach a net profit of around 3.5 million euros, according to ZF estimates, with a turnover standing at almost 35 million euros.

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