Author: Archive

USPS headed for USD1.8 billion loss this year

Posted by | Feb 23, 2006 | |

The US Postal Service expects to lose USD8 billion by the end of its fourth quarter, in part because of surprisingly weak Standard mail volume.
“We see very little growth in Standard mail volume [right now], [but] we are hoping to get it back up to the 3 percent growth level that it did last year,” Richard J. Strasser Jr., USPS chief financial officer and executive vice president, said at yesterday’s quarterly Mailers’ Technical Advisory Committee meeting. From Oct 1 to Jan 31, the USPS planned for a Standard mail increase of 4.7 percent; theactual increase, however, was 1.5 percent. As for other mail classes, Priority Mail rose 7.5 percent; Express Mail, 5.5 percent; Package Services, 4.1 percent; and Periodicals saw no change. First-Class mail was the only category to drop in volume: down 1.6 percent.

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Portugal not to privatise CTT in 2006-2007

Posted by | Feb 23, 2006 | |

Portugal’s Government will not privatise the state-owned postal operator CTT – Correios de Portugal (CTT) as part of the earlier announced 2006/07 privatisation programme, the Finance Minister, Fernando Teixeira dos Santos, said on February 22, 2006. The government announced on February 16, 2006 a new privatisation strategy for the two-year period 2006 to 2007. CTT’s privatisation has been discussed and analysed with Portugal’s Telecommunication and Transport Minister, Mario Lino, but the postal operator was not included in the 2006/07 programme, Teixeira dos Santos added.

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Courier turf war with India Post hotting up

Posted by | Feb 23, 2006 | |

While the ministry of communications and IT is busy changing the Indian Post Office Act to wrest an exclusive monopoly over letters that weigh up to 500 gms, the Rs 4,000-crore private courier industry has demanded privatisation of all postal services in the country. The industry has drafted a Position Paper on the Post Office (Amendment) Bill which it has marked to President A.P.J. Abdul Kalam, Prime Minister Manmohan Singh, UPA Chairperson Sonia Gandhi and the Ministry of Communications and IT, with requests to reject the Bill’s unfavourable provisions. Amendments proposed by the government to the 108-year-old Post Office Act say that private couriers should pay Rs 10 lakh for registration and Rs 5 lakh for yearly registration renewal. Couriers with international activity are to pay Rs 10 lakh while domestic-only operators are to pay Rs 50,000 as per draft rules. The amendments also suggest a penalty of up to Rs 10 lakh for violations by private couriers, and seek to make senior management of courier companies responsible for wrongs committed by their employees.

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DHL Colombia reveals details on expansion

Posted by | Feb 23, 2006 | |

DHL Colombia announced on February 22, 2006 details on its expansion strategy in Colombia in 2006.

DHL Colombia’s strategy is concentrated on the expansion of its chain and the diversification and improvement of its services.

DHL Colombia plans to open five branches in Bogota, Barranquilla, Medellin and Cali. The company already operates 17 offices.

DHL Colombia’s sales rose 8.0 pct year-on-year in 2005 and the company aims to increase its sales by 17 pct year-on-year in 2006.

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Pallet-Track grows hub

Posted by | Feb 23, 2006 | |

Pallet-Track plans to add 3,000sq m to its central hub in Wenesbury in April after growing volumes by 64% in the year ended December 2005.
Pallet-Track says it moved 414,823 pallets in the year, its second year of operations, compared with 254, 166 pallets in its first year.

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Palletline invests

Posted by | Feb 23, 2006 | |

Palletline has made a further five-figure investment in state of the art security equipment for its main Birmingham hub. It follows the recent pounds 1.5 million extension to the complex in Tyburn Road, Erdington, and an extensive review of existing and future security requirements.

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DHL expands footprint in The Big Apple

Posted by | Feb 22, 2006 | |

DHL announced today plans to enhance its foot-courier network within New York City by building a new facility on New York’s West Side. The USD10.4 million investment includes the leasing and retrofitting of an existing building near Times Square to serve DHL customers throughout New York’s Upper West Side and Midtown business district. DHL has the largest foot-courier network of any major US express delivery company operating in New York City. This network is comprised of three facilities serving Manhattan from the Financial District, Murray Hill on the East Side and Times Square on the West Side. Approximately 65 percent of DHL’s delivery volume within Manhattan is handled by foot-couriers. By leveraging couriers on foot within New York City, DHL is able to reduce the deployment of vehicles, decrease emissions and fuel consumption, and help mitigate urban traffic congestion.

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