Singapore Post Ltd today announced the appointment of Lau Boon Tuan as group chief executive officer with effect from February 1, 2005. The company also said that Tan Soo Hock will remain as chief executive officer. Tan will take charge of the postal business as well as the philatelic and stamps business, said Singapore Post.
Read MoreCanada Post on Monday increased the price of sending a domestic letter by one cent to 50 cents. It was one of a number of postage rate increases, including international mail and packages, announced last year. “Canada Post is facing inflationary pressure from a number of sources and the proposed price adjustments take into consideration increased operating costs,” it said.
Read MoreTNT Mail, the main challenger to Royal Mail in the UK deregulated postal market, said it has secured five customers in its first three months of operation. New clients include Sky, Caudwell Communications, Express Gifts, and Booker, all of which will operate under TNT Mail’s downstream access agreement with Royal Mail. This is in addition to its 20 existing customers. Since the access agreement with Royal Mail went live in August 2004, TNT Mail is now handling nearly 1 million items every week. Through the existing customer base TNT Mail expects to handle over 200 million items in 2005 but will exceed this volume as new clients come on stream.
Read MoreFederal Express (FedEx) plans to set up more facilities in Malaysia over the next few years to serve its customers better. Its managing director in Malaysia, Lily Tay, said for a start, the company has established a new facility in Muar, Johor, to cater to its northern Johor customers. “Demand from our customers has been extremely encouraging and we hope that through the opening of the new facilities, we will be able to serve our customers better,” Tay told Business Times at FedEx Penang facility in Bayan Lepas yesterday. Tay said the business potential in Johor is greater as it has several major towns. “Also, the new facility’s proximity to Malacca will also give us a chance to serve new and existing customers from the state,” she said.
Read MoreManaging Director of DHL Express UK & Ireland, John Hogan, has been co-opted to join the National Executive Board of the Freight Transport Association. “I am delighted to have been asked to join the board. The FTA is a powerful force for good in our industry and I am looking forward to working with the other directors and contributing to the future direction of the freight and distribution industry in the UK.”
Read MorePortugal’s postal traffic revenue totalled 90.997 mln euros ($119.3 mln) in the third quarter of 2004, down by 0.6 pct year-on-year, local communications regulator Anacom said on January 17, 2005.
The third quarter of 2004 postal traffic revenue translated into a total 64.882 million shipments, with the national traffic totalling 56,733 million shipments, and the outgoing international traffic and the incoming international traffic totalling 5.124 million shipments and 4.021 million shipments, respectively.
Read MoreTPG is to rebrand globally as TNT – its second name change in three years – and switch its company livery and post boxes from the colour red to orange in a move partly designed to attract customers.
The decision, announced at the conclusion of a week-long gathering of the company’s 200 senior executives in Rotterdam, will be put to shareholders at TPG’s annual meeting in April.
If approved, the statutory name – that listed on stock exchanges in Amsterdam, New York, Frankfurt and London – will change to TNT NV on April 8 2005.
The phased introduction of the TNT brand for the group’s corporate identity and its mail division, where post-boxes will be repainted and 45,000 staff will swap their red uniforms for orange, will start next year and take three years.
Read MoreRoyal Mail Group PLC wants to enter the German letter market via its GLS Holding unit once Deutsche Post World Net AG’s delivery monopoly ends in 2007, Rico Back, chief executive of the GLS unit told the Frankfurter Allgemeine Zeitung in an interview.
Back told the newspaper that Deutsche Post mail carriers should be required to deliver mail from other postal firms from 2007, the newspaper reported.
Though there is no guarantee this will occur, such a system already exists in the UK. There, the Royal Mail charges rivals a fee of 18 cents per pre-sorted letter delivered by its own mail carriers.
Deutsche Post uses this service in the UK, but it does not reciprocate in its domestic market, Back told the newspaper.
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