Author: Archive

Federal Express allots USD450mln for Philippine hub

Posted by | Mar 4, 2005 | |

FedEx has alloted USD450 million to relocate its hub in Asia by 2007 to the Diosdado Macapagal International Airport (DMIA) from its present site at the Subic Bay International Airport (SBIA).

FedEx has a 12-year lease contract with the Subic Bay Metropolitan Authority (SBMA). Though its contract has yet to expire in 2007, the firm needs to start constructing its new hub in Clark this year to ensure smooth transition of its cargo operations.

Adelberto Yap, president and chief-executive-officer of Clark International Airport Corp. (CIAC), said FedEx has yet to maintain Subic for two years after 2007 for scaling down operations.

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IPC UNEX results 2004

Posted by | Mar 4, 2005 | |

External Quality of Service Monitoring,Improving the Quality of International Mail.
Quality of service among Postal operators in Europe continued at a high level in 2004 in spite of restructuring and change management demands on postal operations preparing for postal liberalisation. Overall, IPC members delivered 93.7 per cent of first class international letters in Europe within three days of posting (J+3), and 98.4 per cent within five days (J+5). Average delivery time was just 2.2 days.
Quality of service performance was measured by IPC’s UNEX end-to-end monitoring
system. The results show that both speed (J+3) and reliability (J+5) were again far above the European Union’s (EU) performance objectives for delivery of 85 per cent of intra-EU mail within three days, and 97 per cent within five days.
P:LibraryPostalIPC 2004_UNEX_Results.pdf

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Finnish Postal Authority to close, Privatise 100 Post Offices

Posted by | Mar 4, 2005 | |

Finland’s national postal services provider Suomen Posti will close down or privatise 100 of its post offices in Finland in 2005 and 2006, it was reported on March 4, 2005.

The company has published a list of 30 offices which are due for closure or privatisation in the spring of 2005. Thirty offices more will be closed down or privatised in the autumn of 2005 and the remaining 40 in 2006.

Post offices will be privatised only in case there is a company which is willing to buy and run them. Otherwise Suomen Posti will look for retailers in the affected regions, which will handle the post.

Suomen Posti’s strategy is to reduce the number of its post offices in order to cut costs.

In Sweden, local postal authority Posten Sverige, closed down all its post offices some years ago. Currently all post in Sweden is handled by supermarkets, small shops, video shops and other retailers.

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Deutsche Post eyes privatisation of Italian, UAE State Post Offices

Posted by | Mar 4, 2005 | |

German postal and logistics group Deutsche Post AG will study the possibilities to participate in the privatisation of its Italian and UAE peers, a company spokesperson said on March 4, 2005, confirming previous reports.

Italy’s Prime Minister Silvio Berlusconi eyes a partial privatisation of Poste Italiane within 18 months. The company more than doubled its net profit to 236 mln euro (USD309.3 mln) in 2004 on sales of 9.0 bln euro (USD11.8 bln), up 11 pct year-on-year.

The UAE state post is also considered a profitable business.

Deutsche Post has submitted a bid for 25 pct of Danish Post Danmark. A decision is expected shortly, a spokesperson for the Danish company said. Deutsche Post is considered to have the strongest position of all bidders, as it already cooperates with Post Danmark in package deliveries. Dutch TPG and financial investor CVC Capital Partners are also among the bidders.

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Deutsche Post keen to expand abroad

Posted by | Mar 4, 2005 | |

Deutsche Post is keen to expand its international operations. The company says that it is examining the possibility of acquiring a stake in both the Italian postal service operator, Poste Italiane, and the postal service of the United Arab Emirates, Emirates Post. According to press reports, Emirates Post is preparing for privatisation. Deutsche Post already cooperates with this company, which is said to be profitable. Silvio Berlusconi, the Italian prime minister, has said that Poste Italiane will be partially privatised within the next 18 months. The latest figures show that this company has more than doubled its profit to 236m euros, while growth of 11 per cent has been achieved in turnover, to 9bn euros.

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Portugal CTT 2004 Profit Up 96.2 Pct Y/Y

Posted by | Mar 4, 2005 | |

Portuguese postal service CTT-Correios de Portugal posted a profit of 50.1 mln euro (USD65.7mln) for 2004, an increase of 96.2 pct year-on-year, CTT said on March 3, 2005.

CTT said the profit rose mainly due to the 2.5 pct increase of its revenue to a total 707 mln euro (USD926.5 mln).

Another factor contributing to the profit rise was the reduction of the taxes paid by CTT, which fell by 69.9 pct to 16.1 mln euro (USD21.1 mln).

Personnel costs fell 7.2 pct to 372.8 mln euro (USD488.6 mln).

CTT’s earnings before interest, tax, depreciation and amortisation (EBITDA) totalled 97.9 mln euro (USD128.3 mln).

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Swiss Post continues to top international league for delivery times

Posted by | Mar 4, 2005 | |

Swiss Post is one of the fastest and most reliable postal companies in the world, as the annual, independent measurements show. In 2004, 97.4% of A Mail and B Mail letters arrived on time, very slightly down on the high figures achieved for 2003. In the parcels business, Swiss Post maintained its impressive position as well: 95.8% of PostPac Priority consignments and 97.7% of PostPac Economy consignments reached recipients within the promised time. On cross-border letters, Swiss Post has maintained the same excellent record for years: letters from and to Switzerland reach destinations in Europe in an average of 2.1 days, whereas the average time spent in transit for European postal companies as a whole is 2.2 days.

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UK councils slam the Royal Mail

Posted by | Mar 4, 2005 | |

Pat Gaudin, chairwoman of the CIPR Local Government Group, has warned that the Royal Mail will lose business unless it revamps its newsletter distribution package for councils. In a recent survey conducted by the group, 92 per cent of councils described Royal Mail as ‘inflexible’ or ‘very inflexible’ when it came to meeting their requirements. Only 13.5 per cent of councils said they were satisfied with the service they received, while 38 per cent were ‘actively dissatisfied’. Nearly 65 per cent of users said they often complained to Royal Mail about aspects of its distribution service, while 90 per cent said the organisation did not handle their complaints well. Gaudin said: ‘It has been the case to date that many councils have had little or no choice of provider for regular newsletter distribution, but this is changing. Royal Mail needs to up its game or accept it will lose out.’

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