Author: Archive

Big job losses likely at NZ Post

New Zealand Post’s new post-code system will cost businesses up to NZD3000 a year and will potentially axe hundreds of mail workers’ jobs. The state-owned postal service will today start sending mailers to every household, rural address and post office box informing them of their new four-digit postcode. The codes, which divide the country into 1800 zones, start with 0 in Northland and 9 in the deep south, and will replace the existing, little used codes. New Zealand Post used to provide business with free access to its existing mailing database, which helps to make mail delivery more accurate and efficient. Under the new system, however, business wanting the information to apply to their bulk-mail list will have to pay NZD1000 a year, or NZD3000 if the information is used to produce a resaleable data-base. Businesses that did not include the new codes in their mail-outs would not receive a bulk-mail discount.

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Teamsters vows to unionize DHL

The Teamsters union says it is stepping up its campaign to organize workers at DHL and at its package services provider, ABX Air. Teamsters President James Hoffa led a rally with 300 ABX and DHL employees at the carrier’s main Wilmington, Ohio, hub late last week and pledged to ramp up efforts to organize ABX’s 1,200 aircraft mechanics and 5,000 workers at the largest hub in the DHL network. The union said it already represents about 12,000 DHL-related workers, including drivers in the DHL network of independent cartage carriers. “The workers organizing as Teamsters in Wilmington is the next logical step,” the union said.

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UK Parceline launches 'Homecall' service

Parceline has today announced a major move into the fast-growing home delivery market through a new partnership with Parcelnet, the specialists in final mile delivery to residential addresses. Launched under a new brand – ‘homecall’ – the service will begin on 1st June and is aimed at customers sending up to 600 parcels per night. Collections will be made by Parceline’s nationwide network of 1,700 vehicles operating from 42 depots whilst deliveries will be handled via Parcelnet’s 143 sub-depots and 5,000 ‘local couriers’. Parceline Sales Director Dwain McDonald said: “Internet shopping has seen home delivery volumes rise from 15m to 420m shipments in the last six years. Our partnership with Parcelnet gives us instant access to this market, without the need to build our own home delivery network.”

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Czech DPD CZ Revenue Up 30 Pct 2005

Czech courier company Direct Parcel Distribution CZ (DPD CZ) reported a 30 pct year-on-year revenue growth for 2005, mainly due to the two-fold increase in the number of international shipments. The strong performance in 2005 was also a result of the economic upturn in the Czech Republic and the rising exports and imports, company CEO Daniel Mares said. DPD CZ handled nearly 5.0 million shipments, up by 25 pct year-on-year.

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Delisting TNT Frankfurt Stock Exchange effective 1 June 2006

TNT N.V. today announced that the delisting from the Frankfurt Stock Exchange will be effective 1 June 2006. The last trading day is 31 May 2006. On February 20 2006 TNT announced its intentions to delist from both the London Stock Exchange and the Frankfurt Stock Exchange as costs for these listings are not justified by the low trading volume in TNT shares at both stock exchanges. The delisting from the London Stock Exchange became effective on 21 March 2006.

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Austrian Post IPO stock gains 10.0 percent

Shares in Austrian Post gained 10.0 percent in the first day of trading in an initial public offering (IPO) of 49.0 percent of the business here on Wednesday.
The shares rose to 20.90 euros from an offer price of 19.0 euros. Market experts said that the shares were expected to close above the offer price on Wednesday, despite weakness on world stock markets. The company had said on Tuesday that the issue had been largely oversubscribed. The offer prices was set at the tope of the indicated range of 17.0 and 19.0 euros.

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Whitehall ditches UK Royal Mail in favour of cheaper private rivals

UK Government departments are being told to stop sending letters via the Royal Mail because it does not offer the same value for money as its rivals, despite its huge subsidies. The Government wants to cut GBP30 million from the cost of delivering post and is urging departments and councils to consider using one of the eight private-sector suppliers. The news comes two weeks after the Royal Mail said the Government had given it GBP1.75 billion in emergency help to plug its pension fund deficit and pay for modernisation. The pressure to abandon the Royal Mail is coming from the Office of Government Commerce (OGC), which negotiates business deals on behalf of Whitehall. The man responsible for negotiating with the Royal Mail has told the Treasury Select Committee that the discussions had been “not as fruitful as I would have liked”. Hugh Barrett, the chief executive of OGCbuying.solutions, said: “It is a commercial decision for the Royal Mail to make as to how far they want to lower their prices in response to competition. That is established policy. We are taking advantage of the deregulated market to get the very best deal for taxpayers in that marketplace.”

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Deutsche Post CEO wants to keep majority in Postbank unit mid-term

Deutsche Post AG chief executive Klaus Zumwinkel told journalists last night that he has no plans to relinquish majority control of the company’s Postbank AG unit in the mid-term. ‘That holds for the next few years,’ Zumwinkel said at the press dinner. ‘The financial services unit is part of our core business.’
Zumwinkel added that the company gains additional business by having outlets that offer both postal and banking services. As a result, Postbank’s value has risen sharply in the past six years – from 2.0 bln eur to about 9.0 bln eur today.

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