The express route to contract logistics
Article Abstract:
The mail and courier services industry of the UK has seen a decline in business in 1991 as a result of the recession. The most adversely affected of the UK delivery services is the same-day motorcycle and light van couriers. Next-day deliveries also showed a decline of 15% in 1991 in spite of a 10% to 20% growth in previous years. Two-to-three day deliveries showed a similar drop in profits as the next-day market. As a result of the decline in demand for courier services, companies are carefully examining their logistics operations. and consequently resorting to cost reductions, market demand-based capacity reductions, and the enhancement of service quality. This is illustrated in the decrease of cuts on delivery rates in 1991 as compared with the previous two years. TNT Express Worldwide and DHL Airways Inc are two companies that have taken steps towards developing a global orientation to logistics operations.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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Flying the nest
Article Abstract:
Ryanair looks set to become Europe's leading budget airline. Founded in 1985, the company has grown rapidly to become Europe's 8th largest airline, with passenger volume in 1999 expected to reach 6 million. With existing bases of operation in London, England, and in Dublin, Ireland, Ryanair is expected to open a third base in Glasgow, Scotland. The airline, which has posted steady profits since 1991, projects a pre-tax profit of 60 million pounds sterling in 1999, on revenues of 230 million pounds sterling. According to Ryanair CFO Michael Cawley, the airline's success can be attributed to its adoption of the low-cost, low-frills approach pioneered in the US by airlines such as Southwest Airlines. Cawley believes the airline's success will continue, given the pent-up demand for low-cost air travel that exists in Europe.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1999
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Business mail: the DX alternative
Article Abstract:
The document exchange (DX) system is a private postal service that functions as a cost- and time-efficient means of collecting and delivering documents and packages. The mail service operates on a subscription basis and does away with the usual stamps and weighing machines associated with the Post Office. Members deliver and collect mail from a assigned boxes at their local DX clubs. The system is being successfully used in countries like Hong Long, Canada, Belgium, New Zealand, and the state of New York in the US. The success of the exchange, however, is best illustrated in the UK with the operations of the country's first DX firm Britdoc. Subscribers to the DX system benefit from reduced mailing costs, reliability of next-day delivery, and security resulting from the closed system of mailing.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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