Author: Archive

Postcomm reveals plan to smash competition barriers

Posted by | Apr 21, 2006 | |

Small businesses are being urged to scrutinise how much money they spend on direct mail postage – and hunt down better deals – as part of Postcomm’s plans to tear down the barriers to competition in the privatised postal market. The call comes as the regulator publishes a decision document setting out its recommendations on tackling the obstacles that were identified in its Competitive Market Review, published in November 2005. The 54-page paper includes a wide range of recommendations. Although, as the independent regulator, it cannot recommend one postal operator over another, it admits that low awareness remains a major barrier. A Postcomm spokeswoman says: “Not many smaller companies realise that the threshold for mailings to be handled by private operators has come down from 3,000 items to 250. We urge these businesses to get in touch with all postal operators, including Royal Mail, to see what deals are out there.

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Employee proposals save Deutsche Post 270m euros

Posted by | Apr 21, 2006 | |

Deutsche Post is reported in a survey on ideas management to have saved 270m euros last year by following advice gleaned from employees, representing savings of almost 1,500 euros per employee. In this respect, the company has therefore overtaken technologies group Siemens, which saved 249m euros last year by following employee suggestions.

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UPS in position to buy

Posted by | Apr 21, 2006 | |

UPS is in a position to make an “extremely large” acquisition if it finds a deal that makes strategic sense, said Scott Davis, chief financial officer.
The comments revived long-standing speculation that UPS could bid for TNT, the Dutch post group, which has large package delivery operations in Europe and Asia. UPS is considered a potential buyer of TNT’s logistics division, which the group plans to auction this year, but some analysts believe the parcel business could also be sold. Mr Davis gave no clues about possible targets but cited the company’s Dollars 1.9bn of free cash flow in the first quarter as evidence that UPS had the financial strength to make a big deal. The comments came as UPS announced a 10.5 per cent increase in first-quarter net profits to Dollars 975m, driven by surging international shipments.

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Mail service deregulation urged on Japan Post privatization

Posted by | Apr 21, 2006 | |

Japan’s Fair Trade Commission has submitted a report recommending deregulation to allow private companies to take part in mail services Japan Post monopolizes, FTC officials said Friday. Japanese law requires a mail service provider to ensure uniform service throughout Japan with 100,000 post boxes, effectively barring private companies from undertaking such services, the report said. When the Japanese postal system starts being privatized in October 2007, private companies should be encouraged to undertake mail services in urban areas where such services can pay, it said.

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Firm wins GBPm deal to provide utility bills

Posted by | Apr 21, 2006 | |

A firm has won a contract worth GBP500,000 to print customer accounts for an energy giant. Otm, based on Braunstone Frith Industrial Estate has signed a deal with a division of energy firm npower called Yorkshire Electricity and Northern Electricity (YENE). The agreement will see OTM print 70,000 electricity and gas bills a day and post them to all YENE consumers. Kris Prashad, managing director, say the partnership could help win further new contracts with major blue chip clients. He said: “We won the contract following a tender and we are pleased we got it. “Winning this deal will give us confidence and, hopefully, in the next 12 months people will see that our customer base has increased.”

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DHL-Transmile tie up to deliver consignments faster to US from India

Posted by | Apr 21, 2006 | |

Express services provider DHL today announced a tie-up with Malaysia-based air express operator Transmile, which will help it deliver consignments from south India to the US in just two days. The company will deliver consignments from Bangalore, Chennai and other key south Indian markets to the US in two days, a company statement said here. DHL’s tie-up with Transmile would route its consignments from Chennai and Bangalore to its Asia Pacific hub – Hong Kong and it would be further re-directed to its other centres for distribution in east and west coast of the US, it said, adding this route would save time of more than a day for delivering consignments.

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Poste Italiane could be set to deliver banking services

Posted by | Apr 21, 2006 | |

The CEO of Italian post office Poste Italiane, Massimo Sarmi, has revealed that his organisation is considering applying for a banking licence. It could do so in July, when it presents its latest strategic plan, but Mr Sarmi stressed that the company did not currently possess the skills required to operate as a bank.
Mr Sarmi was speaking as Poste Italiane presented its results for 2005. They showed a 13.6 per cent increase in turnover, to 16bn euros, and a 19.4 per cent climb in net profits, to 349m euros.

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Dutch TNT considers new cost-saving programme

Posted by | Apr 20, 2006 | |

TNT is condidering a new cost-saving programme, company CEO Peter Bakker told the annual shareholders meeting on April 20, 2006. TNT has been restructuring its 2001 Masterplan Costs Flexibility programme since 2003, which has led to cost-savings of about 234 mln euro (USD288.3 mln). Though the company’s total cost savings are estimated to stand at 370 mln euro (UD455.8 mln) by 2013, TNT aims to implement a new programme that will further its savings.

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