Courier Logistics says offering a full complement of express services through the APC parcel and Pallet-Track networks has helped it increase its annual turnover by 43% from £2.8m to £4m. Managing Director Paul Johnson says: ‘We are finding it easier now we are selling the complete service, parcels and pallets, and that APC customers are now using the Pallet-Track service. We are now able to compete with the likes of TNT.’
Read MorePallet-Track is aiming to increase sales by 20% with the launch of sales forums for its members. The network has invested £30,000 in the initiative which will be headed up by sales and marketing director Andrew Spencer and also by a specialist consultant.
Read MoreThe government of Japanese Prime Minister Junichiro Koizumi on Wednesday night submitted a set of postal privatisation bills to parliament, after making significant concessions in the face of persistent resistance within his own party.
The government adopted the six bills at an extraordinary cabinet meeting earlier in the day after the ruling Liberal Democratic Party’s decision-making General Council approved submission of the bills.
Privatisation of the state-run postal business is Koizumi’s pet project in his structural reform drive.
Koizumi told reporters that the government will make utmost efforts to have the bills enacted during the ongoing parliamentary session ending June 19. He added that he has no plan to extend the session.
Read MoreGerman Finance Minister Hans Eichel said it has not yet been decided when the government will sell Deutsche Post pension obligations.
‘Currently, there are no talks with investors,’ he told dpa-AFX news agency in an interview.
Eichel had said in November that the government hopes to raise 5.5 bln eur from the planned sale of some pension fund receivables of former post-office monopoly Deutsche Post’s successor companies.
The pension fund sales involve transfers by Deutsche Post World Net AG and Deutsche Telekom AG, which are the successor companies to Deutsche Post.
Eichel also said possible future transfers of shares in Deutsche Telekom and Deutsche Post World Net to KfW Bankengruppe are not dependent on capital markets developments.
Read MoreNearly 70 members of the trade unions of the Poczta Polska (PP) Polish state-owned postal service staged a 24 hour sit-down protest at PP’s headquarters in Warsaw. They are protesting against plans to restructure the service without the prior signing of a benefits package for employees. The future of PP was discussed yesterday by the unions, PP’s management, Sejm MPs and representatives from the Infrastructure Ministry. “The decision to stay in the building was made by a joint union committee (WRZ),” said WRZ’s spokesman Jerzy Lach. WRZ will also call on PP’s employees to take a leave of absence on 29 April to picket in front of PP offices across the country. Meanwhile, PP’s spokesman said the negotiations concerning the benefits package will be resumed on Wednesday. The unions fear the planned restructuring will result in mass layoffs, and are complaining that the management did not hold a dialogue with the staff.
Read MoreNearly 70 members of the trade unions of the Poczta Polska (PP) Polish state-owned postal service staged a 24 hour sit-down protest at PP’s headquarters in Warsaw. They are protesting against plans to restructure the service without the prior signing of a benefits package for employees. The future of PP was discussed yesterday by the unions, PP’s management, Sejm MPs and representatives from the Infrastructure Ministry. “The decision to stay in the building was made by a joint union committee (WRZ),” said WRZ’s spokesman Jerzy Lach. WRZ will also call on PP’s employees to take a leave of absence on 29 April to picket in front of PP offices across the country. Meanwhile, PP’s spokesman said the negotiations concerning the benefits package will be resumed on Wednesday. The unions fear the planned restructuring will result in mass layoffs, and are complaining that the management did not hold a dialogue with the staff.
Read MoreDirectors at Warrington parcel firm Target Express are mulling a possible flotation of the business in a move that could value it up to GBP250m.
It is understood the firm’s venture capital investor 3i, which backed a management buyout in 2000, is now keen to exit the firm.
Target Express has appointed advisers Hawkpoint to look at its future and a possible sale is also believed to be high on the list of options.
Sources close to Target Express, confirmed that 3i, which owns 70 per cent of the business, is looking for an exit.
In a statement, chairman David Hoare said: “We are profitable and very cash generative so there is no need to do anything from a funding standpoint. But we always look at ways to increase our business and we will look at the whole range of options.”
Read MoreAustrian postal company Oesterreichische Post AG will reduce the number of positions in its supervisory board to 11 members from 12, sources close to the company said on April 26, 2005.
The position in the supervisory board has been vacant since September 2004 when Dieter Seegers-Krueckeberg, 61, resigned.
Seegers-Krueckeberg plans to take over the management position in his own package delivery company, Red Parcel Post AG, at the end of 2006.
The new company was established in Germany in 2005.
In 1997, Seegers-Krueckeberg withdrew from German Deutsche Post after disagreements with the board chairman, Klaus Zumwinkel.
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