Author: Archive

Postcomm’s Stapleton blasts ‘laughable’ UK Royal Mail GBP2bn loss claim

Posted by | Jun 3, 2005 | |

Postcomm chairman Nigel Stapleton has dismissed as “laughable” Royal Mail’s claim that its proposed price freeze will slash GBP2bn off the company’s market value. The regulator’s review of price and service regulations for 2006 has ignited the row, by ruling Royal Mail cannot raise prices by more than 3 per cent until 2010. Royal Mail chairman Allan Leighton says the document is a “blueprint for Royal Mail’s inexorable decline”. Stapleton has countered by accusing the state-owned company of consistently “crying wolf” at proposals. “It thought the last price control was Draconian, and has outperformed it by nearly 100 per cent in profit terms,” he says.

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FedEx grants USD32m in options to executives

Posted by | Jun 3, 2005 | |

FedEx Corp. granted its Chairman, President and Chief Executive Officer Frederick W. Smith 250,000 stock options on June 1 with an exercise price of USD89.70 each, according to a federal filing late Thursday. David J. Bronczek, head of FedEx Express, and other officers were granted a total of 114,750 options at the same price. Kenneth Masterson, the company’s former general counsel, retired June 1 and entered into a two-year consulting agreement that includes tickets to Memphis Grizzlies games, a USD65,000 golf club membership and a gift from FedEx of a USD28,347 John Deere tractor . Shares of FedEx rose USD1.06 to USD91.25 Thursday.

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New Zealand joint venture launches new brand

Posted by | Jun 3, 2005 | |

One of the biggest rebranding exercises undertaken in the transport sector is under way to coincide with the Lions rugby tour.

Express Couriers, the joint venture formed between Deutsche Post-owned DHL and New Zealand Post’s courier business, is adopting the DHL yellow but keeping the CourierPost, Pace and Contract Logistics brands. The Skyroad Express courier brand is being rolled into the CourierPost brand.

The rebranding involves ordering 2500 polo shirts, 900 shorts, 900 vests, 900 polar fleeces and 900 track pants and painting 750 vans and 40 trucks.

Courier Express chief executive Jim Quinn did not say how much the bill b was, but he said the rebranding was always contemplated when the joint venture was set up, and its execution deliberately coincided with the Lions tour.

DHL’s profile is raised during the tour as it is a sponsor.

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Mail Merge

Posted by | Jun 3, 2005 | |

Yolanda Noble, chief executive of Corporate Mailing Matters, argues that reduced international postal costs should come as extremely good news to marketers and the wider business community alike. In order to better understand the level of international mail inefficiency that larger UK corporations could be addressing, Corporate Mailing Matters commissioned research to quantify the situation. Primary research established a model for typical international mailing volumes, and the savings that were being achieved by pioneer users of cross-border mailing consolidation services. That model was then applied to UK companies turning over more than £50 million per annum – a community of some 4,000 corporations across the UK. The findings were revealing. The UK’s top 4,000 companies are losing out on £251 million every year.

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Dubai will host UPU’s 2006 Strategy Conference

Posted by | Jun 2, 2005 | |

The Universal Postal Union today announced in Dubai that it has selected the United Arab Emirates as the venue for its high-level Strategy Conference in November 2006. The UPU Strategy Conference, held every four years, takes stock of the progress achieved in meeting the objectives of the World Postal Strategy adopted at the previous Congress and charts the direction for Posts until the next one, which will be held in Nairobi in 2008. “The UAE has been making its presence felt on the global map through a number of dynamic initiatives, and we are confident that Emirates Post will spare no efforts in making this event a success,” said James Gunderson, Director, Office of the Director General, Strategic Planning and Communication, at the UPU’s International Bureau, during a press conference.

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German DHL to handle BMW supplies

Posted by | Jun 2, 2005 | |

Global express and logistics company DHL, a unit of German post operator Deutsche Post AG, has signed an agreement with German carmaker BMW to handle its supplies, DHL said on June 1, 2005.

DHL has been handling supplies to BMW’s 14 production sites in Germany, Austria and the UK since March 2005.

Under the agreement, DHL will deliver materials from BMW’s 1,800 suppliers in 18 countries to the carmaker’s plants and will subsequently return all multiple-use containers to the suppliers.

This is the first time when a vehicle producer has transferred its entire volume of parts to the transportation network of a single service provider, DHL said.

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La Poste signs agreement regarding outlets managed by shopkeepers

Posted by | Jun 2, 2005 | |

La Poste, the French postal service operator, has signed an agreement with the association of the French chambers of industry and commerce, the permanent assembly of professional associations and the confederation of tobacco sellers regarding postal outlets that are managed by shopkeepers. The agreement allows shopkeepers to offer most of the services provided by a post office, including the sale of stamps, the dispatching of packages and registered letters and some financial services. Shopkeepers will not be able to set their own prices, but will be paid 250 euros a month for providing these services, compared with 130 euros at present, and will also receive commission of between 3 and 5 per cent on the turnover that they achieve on postal services.

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TPN delivers healthy profits

Posted by | Jun 2, 2005 | |

The Midlands-based Pallet Network has loaded a substantial increase in both turnover and profits for the year to March 31.

Turnover grew from pounds 15.8 million to pounds 20.3 million, an increase of 28 per cent, with pretax profit topping pounds 804,000 as against just over pounds 625,000 the previous year – a jump of just over 28 per cent.

TPN bosses pinpointed significantly increased pallet throughput as a direct result of consistent delivery performance and service quality.

Hailing an ‘excellent year’, Richard Eldred, TPN chairman, said: ‘Average nightly pallet throughput grew by more than 26 per cent a quarter from 2,670 to 3,375 pallets per night during 2004/05, with turnover and profit both highlighting this increase. Increasing pallet traffic was the key factor in our decision to relocate to our new 224,000 sq ft hub near Rugby at the start of 2005, representing an investment of around pounds 6 million over five years.

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