Author: Archive

Austrian Post closes 310 offices

Posted by | May 11, 2005 | |

Austrian postal company Oesterreichische Post (Post AG) plans to close 310 post offices by the middle of 2005 after negotiations with the country’s provincial governments, it was reported on May 11, 2005. Originally Post AG wanted to close 357 of its 1,640 post offices. In 47 cases the company reconsidered and decided to follow their commercial development until 2006/2007. With the closures Post AG hopes to save 22.7 mln euro (USD29.2 mln) a year by 2007.

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US Postal Service holding strong in overnight delivery

Posted by | May 11, 2005 | |

Postmaster General John E. Potter told to Postal Service Board of Governors today that the agency continues to deliver record service and customer satisfaction across the nation. “Nationally, we achieved an on-time score of 95 percent for overnight First-Class Mail service for the 9th consecutive quarter. We also achieved a customer satisfaction measurement score of 93 percent marking the 14th consecutive quarter at that mark or better. The board also heard from Chief Financial Officer Richard J. Strasser, Jr., that mail volume in the 2nd Quarter showed a gain of 600 million pieces, to 52.1 billion, and a USD17 million increase in revenue.

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UPS is gaining momentum in 2nd quarter volume growth

Posted by | May 11, 2005 | |

Citing good momentum through the first five weeks of the quarter, UPS executives today said US domestic volume growth was “well ahead” of expectations for the second quarter and international export volume continued to climb at its expected double-digit rate. The gain in domestic volume follows a first quarter in which UPS reported significant international export package growth and a strong 16.2% gain in net income. UPS today said it continues to expect a strong 2005 with full-year net income growth of 16-to-20% over the adjusted USD2.90 reported for 2004.

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Poste Italiane top officers likely to be re-elected

Posted by | May 11, 2005 | |

The top officers of Italian state-owned postal services company Poste Italiane should be put to the vote, Communications Minister, Mario Landolfi, said. Answering a question about possible new nominations at Poste Italiane top managerial positions, Landolfi said most probably the current executives will be re-elected. The reshuffle of Poste Italiane’s management team is to be made by May 25, 2005, the minister added.

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Deutsche Post Q1 EBIT up 2.8 pct as revenues fall slightly

Posted by | May 11, 2005 | |

Deutsche Post World Net AG said first quarter EBIT rose by 2.8 pct to 871 mln eur, while revenues fell 0.4 pct to 10.526 bln as a result of a sales decline in the cash-rich mail business and in the express division. It said the prior-year figures were adjusted to reflect IFRS accounting standards, which the company started using this year. It will report from now on EBIT figures instead of EBITA, which analysts had forecast would fall below last year’s 937 mln eur.

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DHL to manage warehousing and distribution of Ford spare parts and accessories in Indonesia

Posted by | May 11, 2005 | |

DHL has been awarded a contract by Ford Motor Indonesia to manage the auto manufacturer’s nationwide warehousing and distribution of automotive spare parts and accessories. The contract, which is for an initial period of two years, is expected to significantly enhance Ford Motor Indonesia’s ability to provide quality spare parts services to its customers through its network of 15 Ford Superstores across the country. Additionally, Ford Motor expects to realize considerable improvements in productivity, efficiency and costs savings utilizing DHL’s proven supply chain expertise and resources.

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UK Postal Services: Doors open on mail

Posted by | May 10, 2005 | |

The postal landscape is changing as Royal Mail finally steps aside to let new operators through. Postal deregulation has been on the cards for years but is finally starting to happen. Some banks and utilities are switching to competitors of Royal Mail, a vote of confidence that could encourage other volume mailers to follow. Full liberalisation was originally set for April 2007, with a staggered schedule that would give Royal Mail time to overcome its financial problems before facing the competition. However, thanks to the company’s rapid recovery, the government was recently able to bring the date forward to the beginning of next year. In practice much has depended on Royal Mail opening up its delivery network to competitors, as it is difficult for new entrants to set up an infrastructure from scratch. That has been a problem, postal experts say, as until recently it showed reluctance to do so.

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China Post expands overseas express mail service

Posted by | May 10, 2005 | |

China Post will launch an EMS Promise Service on Tuesday, which will cover Hong Kong, Japan and S. Korea. This is another measure adopted by China Post to bring the honest and trustworthy business ideology into the cross-boundary express mail service following the Next Morning Arrival domestic service which promises full refund if the mail fails to arrive the next morning.

The EMS Promise Service means that China Post will publicize enroute time limit for EMS mails destined for certain countries and regions and promise to deliver the mails to their destinations within the time limit.

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