Author: Archive

US Postal Service ends fiscal year USD3 billion in the black

Posted by | Dec 7, 2004 | |

The US Postal Service finished its fiscal year just over USD3 billion in the black, helping the agency reduce its debt and keep a promise that postal rates won’t go up until 2006. Net income of USD3.1 billion was down from USD3.9 billion a year earlier, but was better than officials had expected thanks to cost cutting and an increase in advertising mail, according to postal chief financial officer Richard J. Strasser. But Strasser also noted a third annual decline in the volume of first-class mail – the cards and letters that account for the majority of the income for the post office. “The financial results are masking changing circumstances,” Strasser said. Increases in first-class mail have helped cover the rising costs of inflation in the past. Now advertising mail is the growing segment, but volume can vary widely in response to business conditions and it contributes far less to the agency’s bottom line.

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Palletline opens new London base, and expands network

Posted by | Dec 7, 2004 | |

Palletline has announced that it will lease an 80,000 sq.ft site in Greenford, Middlesex in support of its sustained commitment to a nationwide continuous quality improvement programme. The Greenford site will house Palletline’s first wholly-owned commercial depot serving the London area, and provide a new location with excellent road links for Palletline’s Southern Hub, channelling Palletline traffic into and out of London and the South East.

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Ceska Posta granted sole basic postal licence

Posted by | Dec 6, 2004 | |

The Czech IT Ministry has granted the national postal service Ceska posta (CP) the sole licence to provide basic postal services in 2005, the ministry’s press department announced Friday. CP, which lost its monopoly as of January 2004, was the only applicant for the licence for this year. Providing basic postal services means guaranteeing delivery of letters and packages of up to 100 grams across the entire country. CP expects to deliver over 600 mln letters and postcards in full-year 2004.

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Japanese panel to be given power to monitor privatized postal units

Posted by | Dec 6, 2004 | |

A committee to monitor four entities to be created by privatizing the state-backed Japan Post will be given various powers including advising Cabinet ministers, government sources said Monday. The committee, whose chairman will be appointed by the prime minister, will be placed under the privatization promotion headquarters consisting of all Cabinet ministers, they said. The committee will consist of several people with expertise and will begin its 10-year work in April 2007. The government intends to include the establishment of the committee in legislation for the privatization of postal services it will present to the ordinary Diet session to be convened in January.

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New London base supports quality at Palletline

Posted by | Dec 6, 2004 | |

The announcement this week of the decision by Palletline Plc to lease an 80,000ft2 site in Greenford, Middlesex further underlines the company’s sustained commitment to a nationwide continuous quality improvement programme.

The Greenford site will house Palletline’s first wholly-owned commercial depot serving the London area, and provide a new location with excellent road links for Palletline’s Southern Hub, channelling Palletline traffic into and out of London and the South East.

The move is an integral part of Palletline’s current drive to enhance service quality and consistency across the network, overcoming issues facing collections and deliveries within London and the surrounding areas.

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UK Royal Mail goes to war against post watchdog

Posted by | Dec 5, 2004 | |

Lawyers have been called in to settle a row that has broken out between Royal Mail and Postwatch, the consumer watchdog for postal services.

Allan Leighton, Royal Mail’s chairman, is demanding that Postwatch retracts comments made last week stating that consumers should not bother using first class stamps on Christmas cards this year because the service is so unreliable.

Letters have been flying between the two groups as relations have hit a new low.

Royal Mail has hired the law firm Shillings, and Postwatch is represented by Wragg & Co.

David Simpson, a Royal Mail spokesman said: “We are furious at the misleading impression Postwatch has given that first-class mail does not arrive faster than second class. That is absolute rubbish.”

But Postwatch is unfazed by Royal Mail’s anger. One source said defiantly: “This has gone off like a bomb. We are being bullied and Royal Mail is trying to gag us, but we will not be gagged.”

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Deutsche Post should pay VAT on letters, Hesse politician says

Posted by | Dec 5, 2004 | |

Deutsche Post World Net AG should pay value-added tax on letters it delivers, just like its privately owned rivals, the state of Hesse’s economy minister Alois Rhiel said.

Rhiel said he will formalise the demand at a meeting of Germany’s state economy ministers in Berlin on Wednesday and Thursday.

He told DPA that fair competition will create jobs and reduce postal fees.

Deutsche Post’s monopoly and its privileged tax position mean that private companies have little chance to compete. Even in areas where competition is theoretically possible, Deutsche Post still controls 88 pct of the market, Rhiel maintained.

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GM’s Holden renews and expands partnership with TPG in Australia

Posted by | Dec 3, 2004 | |

TPG, through its division TNT Logistics, has signed an agreement for the renewal and expansion of its contract for logistics services with Holden, the General Motors automotive manufacturer in Australia. TNT Logistics Australia will continue, for another three years, as the Lead Logistics Provider for General Motor’s aftermarket service parts division, Holden Service Parts Operation (HSPO). The activities include inbound transport from 500 domestic suppliers, national outbound transport of stock and emergency orders to over 350 dealers. Besides services already provided through the contract, TNT Logistics will now handle packaging as an additional service. The operations will be conducted in a purpose built logistics warehouse.

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