Author: Archive

AuthentiDate and Canada Post Partner to create universal Electronic Postmark

Posted by | Jul 30, 2004 | |

AuthentiDate, Inc., a subsidiary of AuthentiDate Holding Corp. and the technical provider of the United States Postal Service Electronic Postmark® (USPS EPM®), have agreed in principal to partner with Canada Post Corporation to create a universally accepted electronic postmark that will meet the standards of the Universal Postal Union (UPU). As the primary forum for cooperation between postal services around the world, the UPU sets the rules for international mail exchanges and makes recommendations to stimulate growth in mail volume and improve the quality of service for customers. AuthentiDate and Canada Post intend to form a partnership to fully develop the standards-based technology and contract with, Global EPM (GEPM), a newly formed business unit of AuthentiDate to market, sell and deploy an EPM service which can be implemented by postal organizations worldwide.

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Azkar H1 net falls to 8.9 mln eur vs 10.0 as rev grows 14.6 pct vs 10 target

Posted by | Jul 30, 2004 | |

Transportes Azkar SA said net profit declined to 8.98 mln eur in the first half to June 30 from 10.02 mln a year earlier, mainly as a result of lower one-time gains.

In a statement, Azkar said that despite the net decline, revenues grew 14.6 pct to 153.08 mln eur, beating the company’s target for 10 pct growth.

Revenue growth was driven by a nearly 10 pct rise in deliveries to 6.31 mln eur from 5.74 mln a year earlier, it said.

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FedEx seeks to add more flights to China

Posted by | Jul 30, 2004 | |

FedEx Corp. said Friday it has applied to add 18 new weekly cargo flights to China under a new Sino-US aviation agreement, including six to a new destination, Qingdao, a city of East China’s Shandong Province. FedEx now operates 11 flights a week between the United States and the Chinese cities of Shanghai, Beijing and Shenzhen, but it wants to more than double its operations to the mainland, Asia Pacific President David L. Cunningham said.

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Deutsche Post Raises Goal – Postbank IPO Helps Profit

Posted by | Jul 30, 2004 | |

Deutsche Post AG, Europe’s largest postal service, raised its earnings forecast for the year after a gain from last month’s sale of stock in the consumer-banking business helped boost second-quarter profit 87 percent. Deutsche Post shares rose as much as 3.4 percent.

Earnings before interest, taxes and amortization in 2004 will probably rise by 7.5 percent to 12.5 percent and will reach “at least” 3.6 billion euros (USD4.3 billion) in 2005, Chief Executive Klaus Zumwinkel told journalists in Bonn. The previous forecast had been for growth of 5 percent to 10 percent in 2004.

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Royal Mail faces 5% refunds to bulk mail clients

Posted by | Jul 30, 2004 | |

Postcomm has issued the first details of compensation under new rules to refund Royal Mail’s bulk mail customers.

Royal Mail has been asked to pay back up to 5 per cent of income from companies affected when it failed to attain service targets last year. The move could cost it millions of pounds in refunds to frequent mailers, such as financial companies.

The postal operator has agreed to the compensation levels, which should be repaid by the end of August, according to Postcomm’s website.

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An Post and unions at odds over job loss total

Posted by | Jul 30, 2004 | |

Unions and management at An Post have clashed over the number of redundancies likely to result from the closure of the company’s loss-making parcel and courier service SDS.

The company yesterday announced that 270 of the 450 staff at SDS would lose their jobs with the remainder transferring to other positions within An Post.

However, the Communication Workers Union (CWU) said it was seeking information on what was going to happen to 400 other staff involved in providing the SDS service, including both the remaining company staff and other An Post staff who work for the parcels company.

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No forced job losses at closed parcels section, says An Post

Posted by | Jul 30, 2004 | |

Communications Minister Dermot Ahern said yesterday that An Post’s decision to close its SDS parcels division was “a pretty serious situation” for the company and its employees.

He said his department had been in contact with An Post management, which assured them there would be no forced job losses. “We are talking about a total employment of about 500 in SDS and about 180 of those, we hope, will be retained,” he said. A total of 270 jobs are expected to be lost, while the remainder of the jobs are on a contract basis.

There would have to be discussions with staff and unions about how SDS would be reintegrated into An Post, he said.

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