Author: Archive

Restructuring of Saudi Postal Services under way

Posted by | Apr 11, 2006 | |

President of the Saudi Postal Corporation Mohammed Saleh Benton has announced that the country’s postal operations would be turned into a joint stock company under the name of Saudi Postal Services Corp. Benton also said that the post office in downtown Jeddah on King Abdul Aziz Street will now be open on Fridays to make it convenient for the citizens to send their mail from there. He said that the Wassel service, which is a program to deliver mails to residences, has not been activated yet even though many residences have received their mailboxes.

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Royal Mail under attack by Europe

Posted by | Apr 11, 2006 | |

The European Commission began moves towards possible legal action against Britain yesterday, accusing it of giving Royal Mail unfair tax advantages over its rivals. Brussels is challenging a UK decision to exempt most of Royal Mail’s activities from VAT, although the tax has to be paid by companies offering the same services. Similar legal action is being brought against Germany. Announcing the move, Laszlo Kovacs, the Taxation Commissioner, insisted that any VAT exemption for postal services had to be properly applied to “minimise distortions of competition in a liberalised market between former monopolies and market entrants”. Under European legislation, former postal monopolies have not had to pay VAT if they provided general services of public interest, such as the delivery of letters for the same price anywhere in their country. In Britain, Royal Mail is regarded as a universal service provider and as being entitled to exemption from VAT.

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DX Ireland targets public sector with new postal service

Posted by | Apr 11, 2006 | |

DX Ireland, which provides business-to-business postal delivery services, is targeting the public service with a new product. Gov DX will allow Government departments and State agencies to send post to each other without having to use An Post. DX said its product would offer “a dependable early morning, next-day delivery service” which would be 30 per cent cheaper than An Post. DX says new postal solutions such as this will be required as Government departments are decentralised. Kevin Galligan, managing director of DX Ireland, said: “DX Ireland offers a simple, cost-efficient and reliable nationwide service. Customers do not have to sort, weigh or frank their mail – DX Ireland does all that for them.” DX said the new service would result in a major expansion of its public sector activities and James Hancock, who has become business development manager, will be responsible for public sector clients.

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Deutsche Post shares trading at 20-40 pct discount vs rivals partly on US

Posted by | Apr 11, 2006 | |

Deutsche Post World Net AG chief financial officer Edgar Ernst said the company’s share price is currently trading at a discount of about 20-40 pct compared with its rivals partly because of its problems in the US. In an interview with Boersen-Zeitung, Ernst also said another reason is the overhang in shares of Deutsche Post. He said once the US operations start making positive contributions to group earnings and when the state-owned Kreditanstalt fuer Wiederaufbau (KfW) sells its remaining Deutsche Post shares as part of the government’s privatisation, then the discount would be reduced. ‘(Our discount) is between 20 pct and 40 pct. And that is clearly too much. Our benchmark for that is UPS, Fedex and TNT,’ he said.

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Amtrak extends web for international deliveries

Posted by | Apr 10, 2006 | |

Amtrak Express Parcels last month launched a range of international express services that can be booked and tracked via the web.
Shipments can be booked and labels printed in the same way as for domestic collections. The system now captures all the special information required for international deliveries, and automatically generates proforma and commercial invoices.

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Austrian Post staff vote for stock market flotation

Posted by | Apr 10, 2006 | |

Staff at Austrian Post have voted in support of the company’s planned stock market flotation this summer and an associated pay deal. The vote clears the way for Vienna to press ahead with planning the IPO.

Nearly 26,000 Austrian Post workers were called on by staff unions last week to decide whether to accept the results of negotiations between unions, the post office management and the Austrian government, or support ongoing protests against the IPO. A total of 56% of staff supported the deal in the vote that attracted a 59% participation rate.

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Mailing Houses: Tough lessons in deregulation

Posted by | Apr 10, 2006 | |

Postal liberalisation is revolutionising the UK’s mailing house market. It may put smaller firms out of business and encourage consolidation, but canny operators that rise to the challenge will survive and could even benefit from the competition, writes Alex Blyth.

The mailing house as we know it is becoming a thing of the past.

Postal deregulation, which came into force on 1 January, will change the shape and nature of the industry forever. It will put some mailing houses out of business, and many of the smaller ones will need to merge or align themselves with postal carriers in order to survive. Those who do survive will find their role significantly altered, as clients increasingly ask them for advice on which postal carrier to use. Quite simply, this is an issue that no-one in the mailing house sector can afford to ignore.

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Postcomm consults on a long term licence for ANC Limited

Posted by | Apr 10, 2006 | |

Postcomm today began a 30-day consultation on the proposed issue of a long-term licence to ANC Limited.

Under the new licensing framework that took effect from 1 January 2006, ANC Limited’s licence would:

allow it to provide all types of postal service;
be issued for a rolling ten year period
require the company to comply with codes of practice on mail integrity (safety and security of the mail) and common operational procedures (designed to ensure the multi-operator market works well in practice).

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