Author: Archive

Qatar and China keen on boosting postal ties

Posted by | Dec 19, 2006 | |

Qatar and China would soon explore the possibility of enhancing co-operation between the two countries in the postal sector, a Q-Post communique said yesterday.
This was decided after a meeting between the Chinese Ambassador to Qatar Li Jian Ying and Chairman of Q-Post Ali Mohamed al-Ali yesterday at the latter’s office.
While thanking Qatar for launching a customised stamp dedicated to the next Asian Games, the ambassador praised the efforts being made by the postal corporation in revamping the sector in Qatar.
The ambassador congratulated the postal authorities for setting up temporary offices at some major Games venues for the benefit of the visitors. He appreciated Q-Post’s gesture in releasing over 1,000 sheets of customised stamps on the next Asian Games that Guangzhou in China would host.

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African postal administrations urged to embrace new strategies to survive

Posted by | Dec 19, 2006 | |

African postal administrations have been urged to embrace new strategies to make post offices autonomous and profitable.
Tanzania’s minister of Labour, Employment and Youth, John Chiligati, told delegates attending the ILO/UPU tripartite seminar on Social Dialogue in the Postal Sector from 27-29 November in Bagamoyo, Tanzania that postal administrations should adopt new technological changes to sustain jobs.
“Technological changes can sustain and offer new job opportunities if the workers are trained in information technology; otherwise technological advancements will become a serious threat to workers,” he said.
“The challenge now is to train traditional postal workers in modern electronic postal services. The survival of the postal industry in our region will depend on how the human resource is trained, motivated and participating in social dialogue,”
The minister said that social dialogue was an important feature of modern labour relations and called for the involvement of workers in structural and technological changes being implemented in the postal sector in the region.
And Universal Postal Union (UPU) representative Daniel le Goff urged African countries not live in a world of exclusion, but to seize the new business opportunities unfolding in the postal sector such as financial services, post bus and e-commerce.
He said the UPU, in conjunction with postal administrations in Africa, was implementation the Postal Development Plan for Africa (PDPA), an ongoing postal reform process that required stakeholder involvement.

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UPU philately workshop reviews new concepts

Posted by | Dec 19, 2006 | |

The need for involving the youth in philatelic activities and adopting new technology for producing stamps were among the topics highlighted at a four-day UPU workshop on philately hosted by Emirates Post at the Emirates Post Training &Development Centre.

The workshop, in which 19 countries from the Arab Permanent Postal Commission (APPC) took part, introduced the participants to new trends in philately. Experts from the UPU, La Poste, Tunisia Post and the Slovak Post were among those who made presentations.

At a concluding ceremony, Mr. Mohamed Bahlul, Director of Philately, Tunisia, said the first UPU level workshop on philately in the region threw light on a host of important philatelic issues and this will help regional philatelic organizations to raise their standards.

Mr. Louis Virgile, Cultural and Commercial Director, La Poste, France, who presented a paper on personalized stamps, said the participants showed good knowledge of philatelic topics and stressed that more such workshops need to be conducted in the Middle East and Africa region to boost philately.

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Bush expected to sign postal reform bill tomorrow

Posted by | Dec 19, 2006 | |

President Bush is expected to sign the postal reform bill tomorrow.
Marketers can now look forward to smaller postage rate increases from the U.S. Postal Service in the coming years.
Unlike past years when some mail categories saw 25%-30% rate hikes, the new law links postage rate increases to the Consumer Price Index.
Because of this, marketers might want to plan for smaller postage increases in the 4%-5% range every year, similar to FedEx and UPS.
It’s expected that the higher rates will take effect May 6, 2007.
Postal officials will be able to set new postage rates much faster once the law is in place. The law transfers responsibility of pension benefits earned by postal employees when they were in the military to the U.S. Treasury Department. This will free up USD27 billion that the Postal Service would have had to fund. After 10 years, the Postal Regulatory Commission will be allowed to modify the price cap or adopt an alternative rate system if deemed necessary.
The PRC gains the power to subpoena Postal Service records to ensure that the agency is in compliance with the law and that the interests of the mailing public are being protected.

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FedEx acquires UK Express Company ANC

Posted by | Dec 19, 2006 | |

Strategic Purchase Offers Customers Broader, More Seamless Range of Services.

FedEx Corporation today announced it has acquired ANC Holdings Limited, a United Kingdom domestic express transportation company for GBP120 million. This transaction will allow FedEx Express, an operating unit of FedEx Corp., to directly serve the entire UK domestic market, providing a broader range of shipping options and enhanced service under the trusted FedEx brand.
ANC offers a comprehensive range of distribution and logistics services with an established pick-up and delivery network across the UK. Founded in 1981, ANC has annual revenues of more than GBP145 million and is known for its strong customer-service philosophy, its advanced, reliable delivery network and commitment to its employees. ANC currently operates with a network of approximately 4,500 people and a fleet of 2,200 vehicles from 80 locations.
“The addition of ANC significantly expands our service portfolio in the important UK market and underscores our continuing commitment to grow the FedEx international business,” said Michael L. Ducker, president, International, FedEx Express. “This strategic investment enhances FedEx in the global express industry and will deliver additional value to our customers, employees and shareowners.”

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FedEx acquires UK express company ANC

Posted by | Dec 18, 2006 | |

FedEx Corporation today announced it has acquired ANC Holdings Limited, a United Kingdom domestic express transportation company for GBP120 million. This transaction will allow FedEx Express, an operating unit of FedEx Corp., to directly serve the entire UK domestic market, providing a broader range of shipping options and enhanced service under the trusted FedEx brand.

ANC offers a comprehensive range of distribution and logistics services with an established pick-up and delivery network across the UK. Founded in 1981, ANC has annual revenues of more than GBP145 million and is known for its strong customer-service philosophy, its advanced, reliable delivery network and commitment to its employees. ANC currently operates with a network of approximately 4,500 people and a fleet of 2,200 vehicles from 80 locations.

UK businesses increasingly demand bundled transportation offerings in order to take advantage of global economic trends, such as the increasing percentage of high-tech, high-value manufactured goods, the growth of global trade, faster supply chains and logistics and the growth of the internet and e-commerce.

ANC management will remain in place and report directly to Elliott. As part of the transaction, ANC shareholder LDC – the private equity division of Lloyds TSB Group plc – will exit its investment.

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ErgoGroup buys SYSteam

Posted by | Dec 18, 2006 | |

Norway Post-owned ErgoGroup has today signed a contract to buy more than 90% of the shares in SYSteam’s operations in Sweden, Norway, Finland and Denmark. The remaining shareholders will receive an offer to sell their shares in the company to ErgoGroup. The total purchase price will be MSEK 1,100
SYSteam is the biggest IT company in Sweden’s SME market and the combined SYSteam/ErgoGroup will be a clear market leader as an IT service provider to the Nordic SME market.

SYSteam is owned by Bure Equity AS, which holds 46.2% of the shares, and by three founders (Arne Nilsson, Claes Rosengren and Stig-Olof Simonsson) who hold a total of 43.8% of the shares. The approximately 350 employees own the remaining 10%. Following negotiations with SYSteam’s main shareholders, ErgoGroup has bought more than 90% of the shares and hereby announces that it will make the mandatory offer to buy the remaining shares in the company. ErgoGroup thus wishes to acquire all of SYSteam’s operations in Sweden, Norway, Finland and Denmark with effect from 1 January 2007. The value of this transaction is MSEK 1,100.

The operations that are now being taken over by ErgoGroup comprise a portfolio of around 3,800 customers, are expected to achieve revenues of MSEK 1,400 in 2006 and have around 1,030 employees in around 50 offices in the Nordic region.

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John Beystehner to Retire as UPS’s Chief Operating Officer

Posted by | Dec 18, 2006 | |

UPS today announced the retirement of John J. Beystehner, the company’s chief operating officer, president of UPS Airlines and a member of the UPS Board of Directors.
The company also announced the election of Chief Financial Officer Scott Davis to the additional position of vice chairman, effective immediately. Davis currently is responsible for all activities related to accounting, auditing, finance, financial planning, taxes and treasury. He was elected to the UPS Board of Directors in February.
Beystehner, UPS’s chief operating officer since 2004 and one of three active employees on the company’s Board of Directors, will step down from both positions on Jan. 2, 2007. A successor to Beystehner as COO will be named at a later date.
Davis, 55, joined the company in 1986 when UPS acquired II Morrow, an Oregon technology firm that Davis served as CFO and then CEO. Beginning in 1991, Davis held positions of increasing responsibility as accounting manager and treasury manager. In 2000 he was named vice president of finance and then joined the UPS Management Committee when he assumed his current position in 2001.

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