Author: Archive

UK Post Office enters credit card market with unique “two in one” offer

Posted by | Sep 30, 2005 | |

The Post Office today launched a credit card with a unique feature – the flexibility to make larger purchases on a discounted fixed rate. The Post Office “two in one” credit card is the first in the UK with this feature. It means that customers have the benefit of a competitive credit card along with a market-leading, fixed rate, loan-like facility for major purchases. David Mills, Chief Executive, Post Office Ltd said: “By launching this unique ‘two in one’ credit card we’re setting a challenge to all other providers. Offering customers a flexible way of paying for larger purchases at a market-leading, discounted rate is something we believe provides real financial benefits and will shake up the market, challenging other lenders who impose higher rates.”

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Chronopost cuts jobs

Posted by | Sep 29, 2005 | |

Chronopost, the parcel forwarding subsidiary of French postal service operator La Poste, has announced over 300 job cuts as part of a restructuring plan.

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Countdown to competition: UK businesses want choice

Posted by | Sep 29, 2005 | |

Postwatch, the watchdog for postal services, welcomes the survey findings published today by the industry regulator, Postcomm, showing that UK businesses want the introduction of full competition in the postal market. Postcomm’s survey of business mailers reveals that 80 percent favour competition in the postal market, and that many would like to have seen competition introduced earlier than 1 January 2006. Greater customer choice, the potential to lower prices, and incentivising Royal Mail to improve performance were the main reasons given for favouring competition. Commenting on the survey findings, Gregor McGregor, Chief Executive of Postwatch, said: “Competition will put customers in the driving seat, ensuring that they can choose the service provider that is best suited to their needs. These findings confirm that businesses want competition in the UK postal market, and recognise the many benefits that ending Royal Mail’s monopoly will bring.”

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DHL to invest USD8 million in Pakistan to upgrade infrastructure

Posted by | Sep 29, 2005 | |

DHL will invest up to USD8 million in Pakistan over next three years, including constructing new state-of-the-art Airside Express Logistic Centers in Karachi, Lahore and upgrading all facilities. In a message read at the groundbreaking of DHL Pakistan’s Airside Express Logistic Center at Karachi International Airport, Scott Price, CEO DHL Express – Asia Pacific said the company has a long history of successful partnership with Pakistan. He said Pakistan is an important market for DHL and a significant country in growth of the company’s business in Asia Pacific. DHL’s inbound, outbound shipment volumes for Pakistan also increased, making it necessary to increase frequency of its dedicated flights in and out of Karachi and Lahore, its Gateways in Pakistan, to rest of the world.

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Germany’s Fiege eyes acquisitions in Eastern Europe, Scandinavia, France

Posted by | Sep 29, 2005 | |

German logistics company Fiege is eyeing acquisitions in Eastern Europe, Scandinavia and France, Handelsblatt newspaper said, citing Heinz Fiege, managing director of the company. ‘We are already targeting several companies and want to invest a total of about 300 mln eur,’ Fiege said. The company also hopes to win new customers following Deutsche Post AG’s planned takeover of Exel PLC.

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UPS could make hostile bid for European firm

Posted by | Sep 29, 2005 | |

UPS chairman and chief executive Michael Eskew said yesterday he would not ”rule out” making a hostile bid for any large European logistics company.
The US parcels giant has been linked with Exel, the British supply chain group that last week agreed a pounds 3.7 billion takeover by Deutsche Post, and has retained Goldman Sachs to advise it. ”If we think it helps and the customers need it, we would [make a hostile bid],” he said during an interview at the company’s global headquarters in Atlanta, Georgia. He declined to comment on UPS’s interest in Exel. Sources close to the company said its interest in Exel had been ”overblown”, indicating the firm was looking to ”fill holes” in its international operations but not take on such a ”huge” firm as Exel. Kurt Kuehn, head of global sales and marketing, said: ”Deutsche Post’s view is whoever is biggest, wins. Our view is who has the best business wins.” He added: ”Deutsche Post is amazing. Their appetite: it would have give me a stomach ache long ago.” UPS’s strategy is to build a global managed supply chain service.

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Reforming the Postal Sector – Nigeria

Posted by | Sep 29, 2005 | |

Globally, the postal service has undergone reforms, which is galvanized by an avalanche of factors on the information society. This is largely attributed to breakthrough recorded in computerization, telecommunication, publishing, audio-visual techniques. The ancient monopolies are compelled by the effect of globalization to surrender a large proportion of the market to the emerging service providers, this is currently witnessed in the telecommunications sector.
In Nigeria, NIPOST had enjoyed the monopoly of the postal sector, with the universal service, geographical balancing of out of charges services as its obligations; NIPOST became an administrative behemoth, whose financial objective was to balance its accounts.

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2005 Business Customer Survey

Posted by | Sep 29, 2005 | |

Survey carried out by LEGG for Postcomm
Table of Contents
1 Executive Summary
2 Survey Methodology and Sample Characteristics
3 Understanding customer needs and customer classification
4 Understanding Key Characteristics of the Mail Market
5 Awareness of Competition and Switching Behaviour
6 Opinions of Service Provided by Royal Mail and Other Operators
7 Opinions on Access Agreements
8 Customers’ Views of Postcomm
P:LibraryPostalPostComm Formal Documents2005_Business_Customer_Survey_LECG.pdf

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