Day: May 29, 2003

Japan Post to ask for return of 400,000 yen per person

Posted by | May 29, 2003 | |

Japan Post said Thursday it will ask 19,013 people to return a total of about 7.5 billion yen as it failed to charge taxes on their postal savings. The request applies mostly to senior citizens having fixed-amount savings accounts at post offices under the “maruyu” small savings tax exemption system. Japan Post inadvertently failed to apply taxes to savings above the tax exemption limit of 3.5 million yen. It estimates that taxes payable as a result average about 400,000 yen per person. Japan Post will pay penalty taxes.

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Fedex plans Bahrain facility

Posted by | May 29, 2003 | |

FedEx Corp. will build a new state-of-the-art warehouse and distribution center in Bahrain. Scheduled to open in October, the facility and office building will be located at the Bahrain International Airport.

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Delivery firm wins trio of contracts

Posted by | May 29, 2003 | |

Workers at a Barnstaple company have been celebrating after they clinched a hat trick of major new contracts. Virgin Wines Online – part of the Virgin Group of companies – has picked Amtrak to provide nationwide parcel delivery service. And almost before the ink had dried on the contract, Amtrak clinched two more deals, first with High Street retailer Laura Ashley and then with the leading household product supplier Kleeneze.

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Poor labour relations in Belgium may cause international dispute for DHL

Posted by | May 29, 2003 | |

The International Transport Workers Federation warned that a local labour problem in Belgium could turn into a major international dispute for DHL Worldwide. The problem began when DHL fired a senior shop steward in Brussels, prompting his co-workers at the airport to refuse to load DHL aircraft, according to the labour federation.

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TNT terminates Sinotrans JV

Posted by | May 29, 2003 | |

Netherlands-based logistics and courier firm TNT Holdings BV has recently terminated its joint venture with Sinotrans Ltd, China’s largest freight forwarder, a TNT China official surnamed Yang said. He said TNT will form a new China-based joint venture with Mach++ Express Worldwide Ltd. Yang declined to provide further information about TNT Skypak-Sinotrans Ltd, TNT’s 15-year 50:50 joint venture with Sinotrans. Sinotrans officials were not immediately available for comment.

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UPS and Fedex set to pounce on DHL court filing

Posted by | May 29, 2003 | |

DHL Airways will clarify its ownership and operational structure in a filing today with the Department of Transportation. Opponents FedEx and United Parcel Service expect to use the filing to bolster their case that the air carrier is controlled by German distribution group, Deutsche Post. The documents were ordered by Ronnie Yoder, the DoT’s chief administrative law judge, in a preliminary hearing on Tuesday. Judge Yoder is proceeding with a public hearing on August 19 to determine if DHL Airways, based in Miami, violates US laws limiting foreign ownership and control of US carriers.

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UPS and Fedex set to pounce on DHL court filing in USA

Posted by | May 29, 2003 | |

DHL Airways will clarify its ownership and operational structure in a filing today with the Department of Transportation. Opponents FedEx and United Parcel Service expect to use the filing to bolster their case that the air carrier is controlled by German distribution group, Deutsche Post.

The documents were ordered by Ronnie Yoder, the DoT’s chief administrative law judge, in a preliminary hearing on Tuesday. Judge Yoder is proceeding with a public hearing on August 19 to determine if DHL Airways, based in Miami, violates US laws limiting foreign ownership and control of US carriers.

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US Postmaster General renews call for freedom to set prices

Posted by | May 29, 2003 | |

If the Postal Service is to be run like a business, it needs the freedom to set its prices like a business, Postmaster General John Potter said Thursday. Potter told the President’s Commission on the Postal Service that his agency is hampered by the complex 16-month process involved in setting rates. The post office, because it has a monopoly, should still be subject to review, he said, but that process “should not stifle the ability to meet customer preferences and finance the national mail system for the future.” Potter suggested that the Postal Service’s governing board be allowed to set prices for mail service, with an after-the-fact review by an outside agency. His comments came at the final public session of the commission, convened by President Bush to review the operations of the Postal Service and make recommendations for its future. Its report is expected by the end of July.

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