Peter Bakker, the chiefexecutive of Dutch mail companyTNT, said the companyhad not been approached byany potential buyers. However,he does not rule out afuture bid, the BirminghamPost reported. Speaking during a recentvisit to the US, Bakker saidprivate equity companiescould consider a bid, butsaid he had received noapproaches yet. "If it is sopressing that TNT is takenover, then they would havegot a better deal 14 monthsago," Bakker said, but addedhe thought the company wasstill … [Read more...] about TNT chief denies take-over bids
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DHL to employ wi-fi systems
DHL said it is adopting thelatest "new generation" scanningtechnology, deployinga single system across theentire DHL US networkto prov ide enhanc e dshipment visibility for DHLcustomers. The new scanning devices,used to capture shipmentinformation by couriers andother operations personneland utilising a Wi-Fi (wirelesslocal area network connectivity)communications system,will be deployed nation-wideby third quarter 2007. Unlike many systemsused throughout the … [Read more...] about DHL to employ wi-fi systems
USPS tests FFS technology
The U.S. Postal Service(USPS) will expand testingof Flats Sequencing System(FSS) technology to automatesorting of large envelopes,magazines, cataloguesand circulars. The FSS equipment sortsflat mail at a rate of about16,500 pieces per hour.Scheduled to operate 17hours a day, each machinewill be capable of sequencing280,500 pieces a day, tomore than 125,000 deliveryaddresses. A prototype FSS was testedlast year and a full-sizepre-production machine isscheduled for installationsoon at the … [Read more...] about USPS tests FFS technology
DHL targets 20% growth in Indonesia
DHL Express/PT BirotikaSemesta continues to be theleader in express and logisticsindustry in Indonesia,according to DHL's nationaloperations manager, MariaChristina, who said that thecompany is enjoying doubledigitgrowth and will increaseshipments by 20 percent in2007. "We have invested $70,000in a high technology systemto achieve higher growth,"Christina said, adding thatthe company is the marketleader in Indonesia with over50 percent market share. To achieve the … [Read more...] about DHL targets 20% growth in Indonesia
Indian express industry set to grow
India's express industry isexpected to register a growthof at least 20 percent perannum during the next fiveyears and more than doubleits size by 2012, accordingto a study by rating agencyCredit Analysis & Research(CARE). Opening of banking,insurance, retail, aviationand telecom sectors and theirpenetration to smaller citieswould be the major growthdriver. According to CARE, thesize of India's courier industrycurrently stands ataround Rs 7,100 crore andis estimated to have grownat 33 … [Read more...] about Indian express industry set to grow
DHL reports strong growth in Russia
DHL Express Russia continuesits strong performancewith a revenue growth ofnearly 50 percent in 2006 andshipment volumes increasingby 30 percent in the sameperiod. The company continuesto expand its domestic roadnetwork, connecting keyeconomic and fast growingcentres of the country. Thisalso includes direct roadlinkages with major Europeancountries and cities.Six new service points wereopened in 2006 and this yearthe company plans to openover 20 new service pointsin Russia's largest cities. … [Read more...] about DHL reports strong growth in Russia