Tag: Worldwide

TNT sells bulk of French logistics unit

Posted by | Dec 5, 2005 | |

Dutch mail, parcel and supply chain operator TNT is to shed most of its struggling French logistics unit three years after it was acquired.

The European Union cabotage system and the French 35-hour working week took most of the blame for the unit’s problems.

Around 60percent of TNT’s French logistics activities have been sold and the rest will be sold in the next month.

French haulage and logistics giant Norbert Dentressangle has snapped up the majority of TNT’s contract logistics activities and part of the transport activities of French subsidiary TNT Logistics Holdings SAS. Price details were not revealed.

Jose Driessen, a TNT spokeswoman, said the French market was ‘very specific’ in that, contrary to most European units, transport accounted for 60percent of its activities and logistics 40percent.

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Polish parcel delivery sector attractive for global giants

Posted by | Dec 5, 2005 | |

Another courier company is planning expansion in Poland. TNT Express wants to double its domestic market share in two years by extending its branch network or taking over one of its competitors. There are two courier companies in Poland, which will certainly attract attention of investors. They are Opek and Siodemka. TNT does not reveal the target of its potential acquisition, however it should be expected that the company be interested in one of them.

“We are analysing the possibilities of taking over one of Polish courier companies. If it worked, our incomes would increase by ZL70-80m annually. The final decision concerning the transaction will be made at the turn of January and February,” said Robert Mianowski, TNT’s general director in Poland. It is worth reminding that Poczta Polska post office was also interested in Opek. “Recovering our position on the courier market is still one of our priorities,” stated Marcin Anaszewicz, Poczta Polska’s spokesman. “There is no other way of winning market share quickly than by taking over one or two companies,” said a manager from one of TNT’s competitors.

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Battle over `poor post service’ compensation payments

Posted by | Dec 5, 2005 | |

A legal battle began today over millions of pounds said to be owed by Royal Mail Plc to large customers who were the victims of poor and inadequate services.

The Consumer Council for Postal Services, known as Postwatch, applied for judicial review at the High Court in London over a refusal by the UK postal regulatory body to force Royal Mail to pay up.

The Postal Services Commission (Postcomm) refused last January to make an enforcement order under the 2000 Postal Services Act for the financial year 2003-4.

David Pannick QC, appearing for Postwatch, today told a judge that Postcomm was under a statutory duty to enforce.

The case turns on the disputed interpretation of an exclusion clause in the statutory compensation scheme.

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Miami DHL gateway Teamsters approve first contract

Posted by | Dec 5, 2005 | |

Teamsters at the Miami International Airport (MIA) DHL gateway facility overwhelmingly approved a four-year contract yesterday, gaining wage increases, a pension plan and job security language.

By ratifying the contract, the 130 workers at MIA became the third DHL gateway location to be protected by a Teamster agreement this year. Miami gateway workers are joining 300 DHL Teamsters at John F. Kennedy International Airport in New York and 150 gateway workers at Los Angeles International Airport (LAX).

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Watchdog saves Royal Mail with stamp price increase

Posted by | Dec 4, 2005 | |

Postal regulator Postcomm is expected to throw a lifeline to financially stretched Royal Mail this week in the form of an unexpectedly generous agreement on future stamp prices.

In its final price review, to be unveiled on Wednesday, it is thought Postcomm will say it has heeded warnings from Royal Mail chairman Allan Leighton about the state-owned operator’s financial plight, particularly its pounds 4.2 billion pension deficit. Last month Leighton told the Trade and Industry Select Committee that the deficit made Royal Mail technically insolvent.

While the price control cov ers a range of prices, the key measure is the first class stamp. Postcomm’s initial proposals, published in June, indicated an increase from 30p to 34p between 2006 and 2010.

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