Unique ID has printed a new business mail `stamp’ for private mail company DX Services. The stamp, the first contender to Royal Mail’s, will be trialled in Scotland and Ireland from next month. It will cost 28p, the same as a Royal Mail first class stamp, and DX said it will guarantee postal delivery before the next business day.
Read MoreThe government promised the dominant Liberal Democratic Party on Thursday to incorporate a clause requiring that post offices be evenly situated nationwide when it draws up bills to privatize Japan’s postal system, party lawmakers said.
“We’d like to firmly ensure by law that post offices are situated so they can be used universally nationwide,” Chief Cabinet Secretary Hiroyuki Hosoda was quoted as saying in a meeting with the party. It was the government’s first concession over the postal privatization policy, which many LDP lawmakers oppose.
An LDP participant in the meeting later said the party will continue to seek further concessions from the government on privatization issues.
Read MoreNew Zealand Post today reported a net profit of NZD40.4 million for the half year ended December 31, up from NZD21.7 million for the previous corresponding period.
Operating revenue for the period was worth NZD618 million, up from NZD523.8 million, while operating expenditure rose to NZD559.2 million from NZD486.6 million.
An interim dividend of NZD19.2 million will be paid for the half year, up from NZD13 million for the same time last year.
NZ Post’s chief executive John Allen said the higher earnings were largely due to an improved performance by the Express Couriers business, and a NZD6 million gain from the sale of the Christchurch Mail Centre. Kiwibank was also a major contributor, having posted it first ever profit last month, when it announced a half year net profit of NZD2.5 million, up from a NZD1.5 million loss the same time the previous year.
Read MoreDeutsche Post AG’s logistics unit DHL is to sell its 50pct stake in Duisburg-based freight company G Scharrer GmbH, according to a report in Frankfurter Allgemeine Zeitung, citing a DHL spokesperson. Rhenus Logistics, which owns the other 50 pct of the company, will buy DHL’s stake, it said.
Read MoreDeutsche Post AG unit DHL said it plans to open a new terminal at Moscow’s Sheremetyevo airport. The customs clearance terminal is part of a 20 mln eur investment program by DHL, commercial director Roland Thomas said in a statement.
Read MoreThe government will accept the ruling Liberal Democratic Party’s demand in a meeting Thursday that post offices are legally required to be evenly situated nationwide even after privatisation, government sources said Wednesday.
The government’s first concession over its policy to privatise Japan’s postal system is apparently intended to move forward with the submissions of bills to legislate the policy during the ongoing Diet session through June.
The concession was agreed upon when the ministers in charge — Heizo Takenaka and Taro Aso — visited Prime Minister Junichiro Koizumi at his office Wednesday afternoon, the sources said.
The move came after the LDP warned Tuesday that it may freeze the ongoing negotiations with the government on the policy unless its key request is accepted.
Read MoreUK Mail are just about to open their first, of a planned 5, mail sorting centres in Swindon. This apparently represents a £2 million investment, the other 4 sorting centres will be in London, Leicester, Leeds and Glasgow. I believe they have chosen Pitney Bowes mail sortation equipment. This means that they will shortly start to collect unsorted (domestic) mail for sortation and distribution to 120 Inward Mail centres.
Read MoreDutch TPG NV is not aware yet of the result of the race for a 25 pct stake in Danish post company Post Danmark, a TPG spokesperson said on March 16, 2005.
The spokesperson made the statement in reaction to earlier announcements in the Danish media, according to which the Danish Government planned to sell a 25 pct stake in Post Danmark to the multinational capital fund CVC Capital Partners.
TPG chief executive officer (CEO), Peter Bakker, said at the end of February 2005 he expected to have clarity within a month about the non-binding preliminary bid for a 25 pct stake in Post Danmark, made by TPG in September 2004. According to the TPG spokesperson, the company will shortly make an announcement on the result of the race for the stake in Post Danmark.
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