Author: Archive

New Zealand Post after-tax profit up to 34.7 percent

Posted by | Sep 17, 2004 | |

New Zealand Post’s after-tax profit rose 34.7 per cent to USD36.5 million in its June year, from the previous 12 months, its biggest lift in 10 years.

NZ Post’s turnover also passed the USD1 billion mark for the first time, up USD74.4m to USD1.05b.

The result was achieved on the back of a turnaround in the express courier business and a strong performance from the international mail business. Kiwibank’s performance was also up on expectations.

Letter volumes fell 2.3percent, compared with a trend of about a 1percent decline a year in the last few years.

Negotiations over a key joint venture with German logistics company DHL appear to have hit a snag with an announcement delayed by six months to the end of this year.

Read More

UK Jobs fears as DHL parcel depot is scaled down

Posted by | Sep 17, 2004 | |

Dhl wants to downsize its hub in Loughborough and transfer jobs to other sites from October 10. The company says the planned restructuring is likely to affect 94 of the 214 employees at the hub, either through relocation or redundancies. A 30-day consultation period with staff is currently under way.

A DHL spokesman said: “We have entered into consultation with employees over possible redundancies at the DHL hub, in Belton Road West, in Loughborough. It is anticipated that 94 employees will be affected by the planned restructuring.

“The main hub operation at Loughborough will be transferred to other DHL locations. This will mean that operations at Loughborough will be significantly scaled down.”

Read More

China Post teams up with Western Union

Posted by | Sep 17, 2004 | |

Western Union, the world’s largest remittance company, has joined hands with Beijing Post Office, and set up its largest flagship company in Beijing recently. According to Western Union, it will merely take 15 minutes to accomplish the international remittance in Beijing after the cooperation with China Post. Lan Marsh, the senior vice president of Western Union Asia-Pacific Region, remarked that the two parties planned to establish 360 outlets in Beijing and more than 20,000 outlets across the country before the year end of next year. Two outlets will be set up within this year.

Read More

TPG to cut 700-800 additional jobs in restructuring of Mail ops

Posted by | Sep 17, 2004 | |

TPG NV will cut 700-800 jobs at its Mail division, as the company announced a reorganisation of the Mail operational units in the Netherlands. The three business units Sorting, Distribution and Transport will be merged into one single unit called Operations, TPG said. The changes will take place at head office level as well as in the network throughout the country. The job cuts involve support staff and line managers, to be realised before 2008. TPG said the plans will not affect the outlook for a 21.5 pct full-year operating margin at Mail, and will support the overall target for 200-300 mln eur in cost savings within 3-5 years as a result of its TPG-1 efficiency programme.

Read More

Toshiba Europe wins 66 mln eur order from French postal service

Posted by | Sep 16, 2004 | |

Toshiba Corp said its German subsidiary, Toshiba Europe GmbH, has won a contract worth roughly 66 mln euro or 9 bln yen to provide La Poste, the French postal service, with an advanced mail-processing system. Under the terms of the contract, Toshiba Europe will deliver up to a total of 100 units of mail-processing equipment that will promote increased efficiency in mail delivery, with the ability to process more than 30,000 pieces of mail an hour, Toshiba said in a statement.

Read More

Target Express forms partnership woth Stolica

Posted by | Sep 16, 2004 | |

Target Express has formed a partnership with Polish carrier Stolica through the NetExpress Europe. The scheme allows members to access strategic partnerships with respected European carriers Target hopes to secure similar arrangements in Slovakia, Hungary and the Czech Republic.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

Subscribe to MER

 

News Archive

Pin It on Pinterest