Author: Archive

Postal row has outdated practices and must deliver change

Posted by | Nov 12, 2005 | |

Accountants Grant Thornton are due to report back to the National Implementation Body (NIB) today with their analysis of the cost of various new measures An Post would like to introduce.

A brief history of the story up to now is that An Post refused to pay wage increases under the National Partnership agreement until certain work practices were changed as part of the deal.

The State postal company called on a clause in the national wage agreement, namely inability to pay, to make its case. It seems that An Post can’t pay.

Two years ago, it was losing 40m per year and its extraordinary work practice legacy issues means that it has an overtime bill of around 40m per year.

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NZ Post upgrade costs NZD80m

Posted by | Nov 12, 2005 | |

New Zealand Post is spending NZD80 million in the next six years to dramatically improve mail sorting. The Engineering, Printing and Manufacturing Union (EPMU) is working closely with NZ Post and expects it to result in fewer jobs for part-time workers. But EPMU secretary Andrew Little said the jobs left would be more skilled and satisfying. NZ Post chief operating officer Peter Fenton confirmed there would be “significant employee changes over the next five years.” He said it was too early to tell how staffing levels would change because new technology would need to be bedded in and staff kept on till it worked properly. NZ Post will spend NZD35 million on new technology to automate metro mail centres. Wellington’s mail sorting centre at Petone will be first to get new sorting machines, next February.

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Italian and French post offices in financial-services venture

Posted by | Nov 12, 2005 | |

The Italian post office, Poste Italiane, and its French equivalent, La Poste, will jointly launch a mutual investment fund on Monday. From that day, customers of the two networks will be able to subscribe to the eight-year fund when they take out a life insurance policy with either Posta Vita in Italy or Services Financiers in France.

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Wells draws up TNT battle plan

Posted by | Nov 11, 2005 | |

With just under two months to go until the postal market is open to full competition, TNT Mail UK chief executive Nick Wells reveals how the TPG-owned group is planning to break Royal Mail’s 350-year grip on the delivery business.

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Royal Mail plans PIP blitz to all UK homes

Posted by | Nov 11, 2005 | |

Royal Mail is planning one of the largest marketing campaigns in its 350-year history, thought to be worth nearly GBP15m, for the launch of its controversial pricing in proportion (PIP) scheme. The push, to target both businesses and consumers, will include a PIP ‘template’, allowing customers to work out exactly how much they will pay before going to the Post Office. Every UK household – about 26 million – is to be targeted. The campaign will feature a major direct marketing blitz. A Royal Mail spokesman says: “We will be using a mix of media to promote what is possibly the biggest change in the postal service’s history. We have already started communicating with more than 200,000 businesses, so that they can prepare for the new pricing structure.”

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1,000 jobs seen at risk in Belgian postal route reorganisation

Posted by | Nov 11, 2005 | |

The postal route reorganisation planned by the Belgian postal service company De Post/La Poste might cost 1,000 full-time jobs, Lieve Vanoverbeke with the local ACV-Transcom trade union said on November 11, 2005.

The re-planning of the postal routes, dubbed Georoute 2, started on November 5, 2005 and will last between 16 and 18 months.

The introduction of the Georoute postal routes scheme in 2003 and 2004 was opposed by De Post/La Poste staff, who initiated strikes at a number of post offices.

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Austrian Post said planning to buy German Transoflex

Posted by | Nov 11, 2005 | |

Austrian state-owned postal company Oesterreichische Post (Post AG) plans to buy German logistics company Transoflex for up to 500 mln euro (USD584.4 mln), Austrian daily Kurier reported on November 11, 2005. A Post AG spokesperson declined to comment the report saying the company had a growth programme which envisages acquisitions both in eastern and western Europe. The deal could be carried out by the end of 2005, according to Kurier. The 500 mln euro corresponds to Post AG’s total investments planned for expansion in the neighbouring countries by 2008.

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Will FedEx gun for No. 4 TNT?

Posted by | Nov 11, 2005 | |

As shares of the world’s fourth-largest package carrier fizzled Thursday, Wall Street matchmakers couldn’t resist thinking FedEx Corp. would be the perfect suitor. Dutch transportation company TNT NV lost more than 5 percent of its stockholder value Thursday, a day after a private German investor said he was putting together a group, including an unnamed strategic investor in the logistics field, to buy it. When nothing materialized, investors began jumping ship. Analysts say it’s very possible FedEx is the strategic investor, interested in buying the express delivery or logistics division, or both.
“It would give FedEx a strong presence within Europe and the ability to offer comprehensive logistics and supply chain solutions,” said Jon Langenfeld, analyst at Robert W. Baird & Co. While UPS has also been touted as a possible suitor, the move makes more sense for FedEx because UPS already has a strong presence in Europe and a logistics platform for nonpackage solutions. FedEx would not comment.

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