Tag: Worldwide

World Mail & Express Americas Conference & Exhibition in Miami addresses future strategies

Two hundred delegates from all sides of the industry met in Miami this week at Triangle’s 3rd World Mail & Express Americas Conference and Exhibition. The overriding conclusion from the event is that there will undoubtedly be more cooperation in the Americas between the public and private sectors in mail as well as in express. Customers’ presentations stressed the need to encourage more innovation from the post offices.

Gabriel Mateescu, Chairman of the Council of Administration of the UPU, discussed the development of the UPU Consultative Committee as several delegates felt that this should be regionalised.

The presentation from Guatemala Post Office highlighted the new business model of government outsourcing the management of a post office. Correos de Chile talked of its successful partnership with TNT.

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Telefonica, Moviles win 74.3 mln eur contract from Spain’s Correos

Telefonica SA and Telefonica Moviles SA have won a contract worth 74.3 mln eur from Spain’s state-owned postal operator Correos y Telegrafos to modernize and manage the company’s telephone and internet system, El Pais reported, without citing a source.

The two companies will take 8 months to install the new system which they will manage for four years, the newspaper said.

Of the total investment, 60.4 mln eur will be earmarked for data, voice and internet services while the rest will be for the mobile telephony contract.

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TNT feels heat as ‘break-up’ camp grows

TNT will today come under pressure to make clear its intentions for its struggling logistics division, as analysts ponder the potential sale of the unit or the break-up of the business as a whole. Anticipation has been heightened by TNT’s decision to schedule a press conference this morning, ahead of a briefing for analysts. The company would not comment on either event, but in October promised it would discuss logistics strategy with analysts. Bert van Hoogenhuyze, at Theodoor Gilissen in the Netherlands, said: “Analysts will look for answers on the future of its logistics business. There is so much competition and the unit has not been achieving the returns of five years ago.”
Dresdner Kleinwort Wasserstein said in a recent note on TNT: “The pressure is definitely on. The ‘break-up’ camp is growing.”

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FedEx urges Tokyo to strip Japan Post of operating advantages

FedEx Corp has asked the Japanese government to remove Japan Post’s operating advantages ahead of April when it is scheduled to enter the international distribution market, the Financial Times reported.

In its online edition, the newspaper cited David Cunningham, president of FedEx Asia, as saying all players should compete on an equal and transparent basis.

Japan’s international distribution market has been dominated by the ‘big four’ — FedEx, United Parcel Service (UPS), DHL and TNT – with an estimated 70-80 pct market share.

‘Japan Post currently enjoys many regulatory advantages that inhibit fair competition,’ Cunningham was cited as saying.

Japan Post does not have to pay the fees associated with declaring packages’ contents to customs which private companies must pay, he said.

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TNT announces initiatives to sharpen strategic focus

TNT announces today a broad range of initiatives that will sharpen its strategic focus on its core competency of providing delivery services by managing transport networks like Mail, Express and Freight Management. Key resulting initiatives include exiting its logistics business and a EUR 1 billion share repurchase which commences today. TNT intends to sell logistics business representing approximately EIR 3.4 billion in annual revenues and it has appointed Goldman Sachs to assist in the sale. The intended sale is expected to be completed in the second half of 2006. The transaction is subject to TNT shareholder approval.

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