Author: Archive

Japan Post punishes 34 officials for huge loss from unfair deal

Posted by | May 12, 2006 | |

Japan Post said Friday it has punished 34 of its officials for causing a 2.7 billion yen loss with an unfair bulk mail service deal at the Nagaoka post office in Niigata Prefecture. In addition to the punishments, including salary cuts and admonitory warnings, Japan Post plans to file damages suits against some of the officials and a direct mail agency involved in the deal. The Nagaoka office had collected only 2.6 billion yen of 5.3 billion yen in postage for 120 million pieces of mail from the Tokyo-based direct mail agency during the 19 months between June 2002 and December 2003, Japan Post said. The office gave preferential treatment to the agency in violation of internal regulations for accepting such mail under the separate postage payment system.

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Brown to back UK Royal Mail part privatisation

Posted by | May 12, 2006 | |

Ministers are set to back Royal Mail’s plans for employee share ownership next week in a move that will trigger a showdown with Labour backbenchers and unions who have condemned the scheme as a partprivatisation of the service. The Times has learnt that Gordon Brown, the Chancellor, and Alistair Darling, the Trade and Industry Secretary, are preparing to endorse the controversial plan as they sanction up to pounds 2 billion in state cash for the organisation next Thursday, when Royal Mail reports profits of more than pounds 600 million.

Royal Mail will also prepare the ground for employee share ownership early in the week when it announces the number of responses to a letter to the 180,000 staff from Allan Leighton, the chairman, asking them if they want free shares. Royal Mail executives are confident that they have a strong number of registrations for shares and may release the number on Monday.

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UPS pilot talks again on hold

Posted by | May 12, 2006 | |

A split within union leadership ranks has put contract talks between UPS and its pilots back into an indefinite recess, just as formal bargaining sessions were set to resume in the coming week, said a key union official. Tom Nicholson, president of the Independent Pilots Association, said in a message to members that after spending almost a full day on May 9 with union officials, the senior mediator from the National Mediation Board “concluded that the association is not prepared to enter negotiations at this time.”

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ColiPoste plans nationwide French parcel collection network

Posted by | May 12, 2006 | |

ColiPoste, the La Poste B2C and C2C parcels delivery company, plans to establish a nationwide network of parcel collection points within the next two years. The expansion plan is part of its ongoing EUR250 million investment programme. ColiPoste is currently testing 10 “Cityssimo” locations in Paris and plans to introduce more locations throughout the French capital in 2007, Christian Emery, managing director of ColiPoste, said at the World Mail & Express Europe conference in Paris this week. The nationwide rollout of the stations would follow in 2008.

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