Author: Archive

Deutsche Post ‘optimistic’ on talks to buy KarstadQuelle’s logistics ops

Posted by | Dec 16, 2004 | |

Deutsche Post World Net AG is optimistic about the progress of its talks to acquire the logistics operations of troubled retail group KarstadtQuelle AG, said Deutsche Post management board member Peter Kruse.

‘We are looking at this with an optimistic stance,’ he said, while declining to comment on details of the ongoing talks.

Karstadt, which is undertaking a radical restructuring in an attempt to return to profitability, has said it expects to reap around 1 bln eur from the sale of subsidiaries. Between 200 and 400 mln eur of that is expected to come from the sale of its logistics operations.

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UK Royal Mail Group loses commons screening contract

Posted by | Dec 16, 2004 | |

The Royal Mail has been stripped of the contract for screening post on its way in to the Houses of Parliament and could lose its job delivering internal mail, it emerged today.

Commons Leader Peter Hain said the board of management awarded the contract to an American company because Royal Mail would not have provided the level of service detailed during the tender procedure.

The internal mail contract has been put out to tender because MPs could not justify spending taxpayers’ money on a price increase demanded by the Royal Mail, he said.

A Commons motion tabled by Labour MP Kate Hoey (Vauxhall) calling on the Serjeant at Arms to “reconsider immediately” has attracted the signatures of 41 MPs.

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ACLI’s key postal privatisation issues outlined, Japan

Posted by | Dec 16, 2004 | |

The American Council of Life Insurers (ACLI) announced today it has submitted to the government of Japan a ten-point review of issues it sees as critical to the privatization of Japan Post’s insurance business.

Under an initiative put forth by Prime Minister Koizumi, the Postal Privatisation Preparatory Office (PPPO) is currently drafting legislation for early 2005 Diet consideration to move Kampo, the world’s largest life insurer, into the private sector after decades of government ownership. Japan Post’s other major businesses — savings bank giant Yucho and the postal delivery business, would also be privatised. Meanwhile, a new corporation for the network of post offices would be established.

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Pos Malaysia forging regional alliances

Posted by | Dec 16, 2004 | |

Pos Malaysia & Services Holdings Bhd is setting up strategic alliances with private logistics and postal companies in East Asia to tap into the region’s courier market worth an estimated USD1.2 billion (RM4.56 billion) a year, says group managing director Datuk Ikmal Hijaz Hashim. He said the company had identified its potential partners and hoped to seal the alliances and begin transporting packages for them in the first half of 2005. “We are currently looking at Thailand, South Korea, China and Hong Kong,” he said after the company’s EGM in Kuala Lumpur on Dec 16.

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Q-Post inks QR22m deal for mail sorting system

Posted by | Dec 16, 2004 | |

Qatar’s General Postal Corporation (Q-Post) yesterday signed a QR22m agreement with Germany’s industrial giant Siemens for the installation of a state-of-the-art electronic mail sorting system. The two-piece system is expected to be commissioned by June 2006, in time for the Asian Games that will be hosted by Doha, the Q-Post Chairman, Ali Mohammad Al Ali, said.

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Royal Mail to refuse to accept mailings posted via Extra Territorial Offices of Exchange (ETOEs)

Posted by | Dec 15, 2004 | |

Royal Mail has announced that from 1 January 2005 it will refuse to accept under the terms and conditions of the UPU Acts, any items of mail received from ETOE’s, international offices of exchange operated by a national postal administrations but located in another country. Over the last few years an increasing number of ETOEs have been established for both operational and commercial reasons, in some cases however, they have been established in unindustrialised countries by industrialised countries to take advantage of the lower terminal dues charged to unindustrialised countries. At the Universal Postal Union (UPU) Congress in Bucharest this Autumn a resolution was adopted which stated that mailings processed by ETOEs are not covered by UPU Acts. In line with this resolution Royal Mail has informed all international postal carriers that from 1 January 2005 it will refuse to accept any mail from ETOEs, under the terms and conditions of the UPU Acts, which is given to it by either conveyance companies, third party handling agents, postal administrations or any other intermediary and other intermediaries.

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UK shoppers rush to buy goods online

Posted by | Dec 15, 2004 | |

Shoppers browsed retail internet sites in record numbers in the first week of December, adding to the expectations that this year will bring a massive e-Christmas. Figures to be released today from Hitwise, the internet site monitoring group, show that visits to online retailers reached an all-time high in the week to December 4, with retailers clocking up 13.1 per cent of all visits from surfers. Activity dipped slightly to 12.9 per cent in the week to December 11. Hitwise said site visits were up 24 per cent in the first week of December against last year. The growth in activity dovetails with research released last week by the IMRG, the electronic retail industry body, that anticipates a 64 per cent leap in online spending to Dollars 4bn (Pounds 2.07bn) this year. “The amazing thing to me is that there has not been real investment in this area for four years after the boom and bust days,” said James Roper, chief executive of the IMRG. “All the growth in the past four years has come from consumer demand.”

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