Author: Archive

UK Royal Mail refuses to comment on US talks

Posted by | May 22, 2006 | |

Royal Mail yesterday described a report that it is in talks with the US companies Fedex Corporation and UPS over an alliance with its pan-European parcels business General Logistics Systems as “speculation” and declined further comment. The Sunday Times reported Royal Mail was in talks with the two US companies over what it described as a ground-breaking European alliance. It said chairman Allan Leighton was still undecided which of the two companies to choose but was keen to use GLS to break into the postal markets in France and Germany.

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Uzbekistan invites Russian investors to take part in privatisation of Uzbekiston Pochtasi

Posted by | May 22, 2006 | |

Uzbekistan has invited Russian investors to take part in the privatization of the national post office Uzbekiston Pochtasi and Aloqa Bank, which specializes in providing loans to telecommunication companies, Abdulla Aripov, general director of the Uzbek Communication and Information Agency (UzACI), said at the opening of a meeting of CIS telecommunication authorities in Tashkent.

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500,000 visit Belgian Post online shop since May 2005

Posted by | May 22, 2006 | |

The online shop of Belgian postal service company De Post/La Poste has attracted over 500,000 visitors since its launch in May 2005, the company said on May 22, 2006. The visitors who made a purchase spent on average 130 euro (USD166) and 20 pct of them visited the online shop systematically. The most preferred items are stamps, philately products and postcards, which are delivered to the customers within two days. De Post/La Poste opened the online store on May 23, 2005.

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Guernsey post-rate hike ‘could drive businesses away’

Posted by | May 22, 2006 | |

Bulk Mailers’ Association chairman Rodney Brouard said that new Guernsey Post charges, sanctioned by the Office of Utility Regulation last week, could see island-based mail-order companies relocate to other more-affordable locations.
‘It is a very competitive market. The 17.5% VAT ‘loophole’ does not just apply to the Channel Islands, it applies anywhere outside Europe.’ The USA, China and Hong Kong are among the competitors. Brouard said that if bulk mailers pulled out of Guernsey, it would have a negative impact on the island economy. Guernsey Post, reacting to increased Royal Mail costs, is set to increase its bulk-mail tariff by up to 70% from August.

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Deutsche Post parcel delivery pricing probed in response to complaint

Posted by | May 21, 2006 | |

Germany’s Federal Network Agency has started to investigate if Deutsche Post World Net AG misused its dominant market position by offering lower prices in parcel deliveries to cut down competition, according to a prerelease of Die Welt’s Monday edition. It cited a spokeswoman for the Federal Network Agency as saying that the agency has received a letter from a competitor with a request to examine the prices of Deutsche Post. ‘And so we have started initial investigations,’ she added. The newspaper, citing sources, said the complaint was lodged by Hermes Logistik Gruppe.

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UK Royal Mail seeks alliance with American parcel giant

Posted by | May 21, 2006 | |

Two of the world’s biggest postal groups, Fedex Corporation and UPS, are in advanced negotiations to set up a groundbreaking European strategic alliance with Royal Mail. Allan Leighton, chairman of Royal Mail, is still deciding which of the two potential American-owned partners to pick but it is thought he is close to creating a new company that could transform the financial prospects of the British mail group. Leighton did not reveal the talks with the two US postal giants — Fedex, which is capitalised at USD33 billion (GBP17.5 billion), and UPS, worth USD52 billion. He wants the European operations of Fedex or UPS to team up with Royal Mail’s General Logistics Systems. GLS runs a pan-European parcels business and is Royal Mail’s most profitable operation.

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Japan Post delivers record no. of parcels in FY '05

Posted by | May 19, 2006 | |

Japan Post said Friday the number of parcels delivered by the public enterprise under its “Yu-Pack” service in fiscal 2005 totaled 246.6 million, up 14.9 pct from the previous year, hitting a record high for the second consecutive year. Increases in the number of users from department stores and mail-order houses contributed to the increase, along with the growth in the number of convenience stores that accept Yu-Pack parcels as agents, Japan Post said. Its booklet parcels for magazines and brochures jumped 50.5 pct to 1,828.3 million.

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Axe hangs over 2,000 rural UK post offices in fresh drive to cut costs

Posted by | May 19, 2006 | |

Thousands of rural post offices are threatened with closure over the next five years as the Royal Mail transforms the network. The Government is providing the Royal Mail with Pounds 1.3 billion for a “radical transformation”, and Adam Crozier, its chief executive, said that the current situation -where a thousand post offices have fewer than six customers a day – was “not sustainable”. He said: “It’s clear that it can’t continue the way it is. The status quo is not possible.” More than 6,000 of the 8,000 rural post offices are understood to be losing money. The whole network, which has 14,500 branches, loses Pounds 2 million a week. Mr Crozier has said that he can meet his legal obligations with a network of just 4,000 offices.

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