Author: Archive

Japan Post to Accelerate Restructuring before Privatization

Posted by | Jun 28, 2006 | |

Japan Post said Wednesday it plans to scrap mail pickup and delivery services at 1,048 of 4,696 post offices with such functions across the country, in a bid to accelerate the pace of reorganization ahead of its privatization in October 2007. The privatization of Japan Post will split the public enterprise’s postal insurance, postal savings, mail, and over-the-counter operations into four separate companies, all of which will be placed under a holding company.

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TNT May Mull Options Other Than JV with Japan Post

Posted by | Jun 28, 2006 | |

Dutch TNT NV has hinted at a possibility of seeking a business alliance in Japan with a party other than Japan Post.

TNT showed the stance in a statement issued in response to recent media reports that Japan Post is set to scrap its agreement with TNT to form a joint venture to offer transport services in Asia due to a discord over the envisaged firm’s business strategy.

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Post Offices for UK WH Smith stores planned

Posted by | Jun 28, 2006 | |

The Royal Mail is planning to open post offices at WH Smith stores.
Under the partnership deal proposal, WH Smith will integrate post offices into their retail stores. Post Office programme director Byron Roberts said: “This partnership between two trusted organisations is good news for customers and will enable us to both safeguard and enhance their Post Office services in the future.

“WH Smith Retail’s huge experience and knowledge will ensure that Post Office customers continue to receive a high standard of service.”

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Teamsters Delegates Back Resolution to Secure FedEx Workers' Right to Pursue Union Representation

Posted by | Jun 28, 2006 | |

Delegates at the Teamsters 27th International Convention today overwhelmingly passed a resolution to work in solidarity with FedEx workers across the country to secure their right to freely join the Teamsters Union without pressure or intimidation.

“FedEx workers in more than 20 states are fighting back against FedEx Ground’s discriminatory practices,” said Ken Hall, International Vice President and Director of the Parcel and Small Package Division. “FedEx continues to manipulate job classifications and refuses to reclassify drivers as employees.”

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FedEx confident on timing of A380 delivery

Posted by | Jun 28, 2006 | |

FedEx has delivered a vote of confidence in Airbus’s troubled A380 superjumbo, saying it remains committed to the aircraft and expects its order to be completed on schedule.

Fred Smith, chairman and chief executive, said, while the latest delays to the A380 were “a source of concern”, FedEx had been assured its 10 aircraft would not be affected. “We’re confident,” he told the FT. “They have told us that ours are going to arrive on time.”

The comments followed Airbus’s warning that deliveries of the A380 passenger jet would be delayed by an additional six or seven months, prompting demands for compensation by airlines and causing at least one customer to rethink its order.

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FedEx chooses Geodis to perform pick up an delivery operations in France

Posted by | Jun 28, 2006 | |

FedEx Express and Geodis signed an operational agreement for a 3 year period. “Through this agreement Fedex acknowledges Geodis’s position as the leading domestic express network in France and a supplier with a high level of service quality, as a result of our Total Customer Satisfaction policy. We will draw on our industrial resources, exclusive Track & trace system and our commitment to permanent innovation to manage these operations”, said Denis Zimmer, Senior Vice-president French regions at Geodis. As of January 1st, 2007 Geodis will perform through its domestic Express groupage network pick-ups and deliveries for FedEx customers in designated areas in France, not directly served by FedEx.

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United Parcel Service, US Postal Service ink pact

Posted by | Jun 28, 2006 | |

United Parcel Service Inc. and the US Postal Service reached agreement on a deal that will put mail on planes of the package-delivery company and could improve the post office’s reliability. The Wall Street Journal reported Wednesday, citing unnamed people familiar with the matter said. Terms of the arrangement call for UPS to begin flying mail for the Postal Service on Saturday, in what could generate revenue of more than USD100 million a year for UPS, the report said.

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Dutch TNT Express confirms growth targets

Posted by | Jun 28, 2006 | |

TNT Express, a division of Dutch mail and express deliveries group TNT NV, has confirmed its target for an annual growth of between 10 pct and 15 pct in the coming years, TNT Express CEO Marie-Christine Lombard said.

TNT Express is also expected to achieve its profit margin target of 10 pct in 2007. TNT Express expects further to maintain a double-digit revenue growth rate at its Special Services unit, which specialises in the handling of shipments for the medical hi-tech, automotive and garment industries.

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