Author: Archive

Four Japan Post spinoffs projected to be in black in FY 2008

Posted by | Nov 16, 2004 | |

The government projects that the four entities that will take over mail delivery, postal savings, postal insurance and post office network management from Japan Post after its privatization starting in fiscal 2007 will all be in the black in fiscal 2008, government sources said Tuesday. The government’s preparatory office for postal privatization projects that only the postal insurance company will be in the red in fiscal 2007, when the 10-year privatization process begins, they said. The office is scheduled to report its 10-year projections of earnings by the four units from fiscal 2007 at a meeting of experts to be held Wednesday, the sources said.

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US Postal Service security still lacking, government report finds

Posted by | Nov 16, 2004 | |

Thousands of keys are missing from former employees at one postal site, and gates are unlocked at others, the government said Tuesday in a report detailing security gaps at major mail centers. A report by the US Government Accountability Office said efforts have been made to make postal facilities more secure, but security still lags at many of the nation’s 373 core mail centers. The US Postal Service agreed with the report and promised to refocus its efforts. “We still have room for improvement at many facilities,” the Postal Service’s chief operating officer, Patrick Donahoe, wrote to the GAO after receiving the agency’s report. Investigators with the GAO visited 13 core facilities and found problems ranging from open entry gates to employees not wearing badges. Core sites include processing and distribution centers, bulk mail centers and operations at airports.

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Postwatch evidence on UK Crown Post Offices

Posted by | Nov 16, 2004 | |

Postwatch gave evidence to the Trade and Industry Committee earlier today.
Postwatch, the consumer watchdog for postal services, welcomes the timely
inquiry by the Trade and Industry Committee into the future of the Crown
Office Network and looks forward to helping the Committee with its work.
Giving evidence Peter Carr, Chairman of Postwatch, said: “I am delighted the
Trade and Industry Committee is continuing its interest in the future of the
555 remaining Crown Post Offices. “These Offices are very important to customers. Whilst they represent less than 4 per cent of the post offices in the UK they transact over 25 per cent of all post office business and 7 million customers visit them each week. No Crown Office closures should be proposed until the Committee’s findings are known and a comprehensive strategy is in place.

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Last post for (UK) High Street post offices – says Amicus

Posted by | Nov 16, 2004 | |

Amicus, Britain’s second largest union representing 15,000 managers and staff working for Royal Mail and other postal operators, will issue a wake-up call for action to be taken to protect the future of high street post offices when it meets backbench MPs in the House of Commons today. Amicus recognises that high street post offices are an essential community service that must be preserved at all costs. Peter Skyte, Amicus National Officer, said: “Without further action by Government and the public, this will be the last post for Britain’s high street post office network as it faces death by a thousand cuts. Royal Mail is selling off or closing an essential community service in a piecemeal fashion which will lead to greater financial and social exclusion.”

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Experts predict online retail to hit £40 billion by 2010 warning : Retailers must double spend on technology or risk restricting growth

Posted by | Nov 16, 2004 | |

Retailers could miss out on billions of pounds by failing to invest in the technology to take advantage for consumer enthusiasm in multi-channel shopping.

The Future of Retail: a 2010 Vision, a report commissioned by Royal Mail, reveals vast potential growth for the multi-channel retail sector, but warns that retailers need to double their spend in technology to support multi-channel operations or risk threatening future growth of the sector.

The research, published today, was undertaken by a range of authoritative retail experts to offer retailers an insight on the multi-channel retail landscape and predictions into the future development of the industry.

Full report saved in PlibraryFuture of Retail a 2010 Vision – RM study

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Dutch OM demands 59,000 Euro fine from TNT Logistics

Posted by | Nov 15, 2004 | |

Dutch Public Prosecutor (OM) demanded a fine of some 59,000 euro (USD76,600) to be imposed on TNT Logistics, the express and logistics arm of the Dutch postal, express and logistics company TPG NV, for customs regulations infringements, it was reported on November 15, 2004. According to an OM official, TNT Logistics have made incomplete customs reports and it has performed shipments without the necessary customs clearance. Dutch customs officers registered a total of 109 infringements of TNT Logistics in a 14-months period. The national tax authority, the Belastingdienst, has imposed a fine of 453 euro (USD588) for each single infringement of the company.

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TPG unit TNT Logistics dismisses head of French ops

Posted by | Nov 15, 2004 | |

TPG NV unit TNT Logistics has dismissed Reynald Huck, the head of its French operations, due to ‘continuing problems’ at the unit, a spokeswoman said. Huck, who held the position for just under a year, will be replaced by Georges Ruiz of TNT Express. TPG has long suffered financial problems in France due to stiff competition. The group said it cannot rule out a complete withdrawal from the country.

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Growth is costly for DHL

Posted by | Nov 15, 2004 | |

While the air-express industry waits to see how DHL’s huge expansion effort affects the U.S. market for expedited cargo, the impact on DHL is becoming more evident. DHL parent Deutsche Post World Net announced larger-than-expected losses in the Americas, where the company is mounting a $1.2 billion challenge to FedEx and UPS. Deutsche Post followed the disappointing financial results by announcing a management shakeup.

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