Author: Archive

Pos M’sia to buy 20% of Transmile for RM253m

Posted by | Jul 28, 2004 | |

POS Malaysia Bhd, the country’s national postal company, said it will buy 20.3 per cent of Transmile Group Bhd for RM253.1 million (SD115 million) in stock and cash to expand its activities and boost earnings. Pos Malaysia, already a client of Transmile, will pay the equivalent of RM6.25 a share for the stake, the company said in a statement to the stock exchange. That’s a 12 per cent discount to the airfreight delivery company’s last traded price.

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Changes to Royal Mail’s Special Delivery next day service

Posted by | Jul 28, 2004 | |

Royal Mail announced today that the standard compensation for its Special Delivery Next Day service will increase from GBP250 to GBP500 from 28 October 2004. At the same time, the guaranteed delivery time for Royal Mail’s Special Delivery Next Day service will move from 12.00noon to 1.00pm from 28 October 2004. These changes have been agreed by the regulator, Postcomm.

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New scanners increase value of U.S mail

Posted by | Jul 28, 2004 | |

The U.S Postal Service has signed a multi-year ordering agreement with Motorola for a new generation of Intelligent Mail(R) hand-held scanning devices. The scanners contribute to Postal Service efforts to give postal customers and postal operations end-to-end visibility of mail from processing to delivery. A major strategy in the Postal Service’s Transformation Plan – its blueprint for the future – calls for adding value to mail through technology.

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Japan Post “biggest postwar project yet”

Posted by | Jul 28, 2004 | |

Economics czar Heizo Takenaka made a forceful case over the weekend for privatisation of Japan Post, saying the key issue was getting rid of the risk factor.

“Unless we clear this issue (of risk), we’d be making the biggest mistake since the end of World War II in terms of system planning,” he said.

Takenaka, the economic and fiscal policy minister, reiterated that the three services managed by Japan Post must be separated and managed independently to avoid financial disaster.

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FedEx Express launches new service in UAE

Posted by | Jul 27, 2004 | |

FedEx Express, the world s largest express transportation company, Tuesday launched FedEx Global Trade Manager to customers across the UAE. Global Trade Manager is a free, internet based service aimed at helping small and medium-sized businesses navigate the complex, fast-paced world of international commerce in record time.

Located on www.fedex.com, FedEx Global Trade Manager features a document determination capability which guides merchants through the often-complicated process of international shipping.

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TPG awarded contract to manage finished vehicle mixing center in USA

Posted by | Jul 27, 2004 | |

Mail, express and logistics company TPG N.V., through TNT Logistics North America has been awarded a contract to manage the operation of a national mixing center in Kansas City, USA for handling finished cars, trucks and other production passenger vehicles. The center, which is the largest of its kind anywhere in the country, receives finished vehicles from more than 20 Ford Motor Company manufacturing plants across the U.S. and Canada.

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Nipost Assures of Better Service By 2006

Posted by | Jul 27, 2004 | |

Nigerian Postal Service (NIPOST) has assured Nigerians of a revamped service delivery within the next two years.

NIPOST made the commitment in its service delivery charter recently presented to the SERVICOM office in Abuja, in line with a federal government directive to all government establishments.

A statement from the SERVICOM office, said NIPOST promised to achieve safe and speedy delivery of mails through a constant review of existing national mail routes.

It also promised to provide speedy services through provision of modern security gadgets and automation of its mail processing activities.

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Royal Mail criticised for closing 2,500 post offices

Posted by | Jul 27, 2004 | |

The Trade and Industry Select Committee has criticised Royal Mail for closing 2,500 urban post offices, leaving customers ‘confused and dissatisfied’.

MPs criticised Royal Mail for not carrying out a “longer, more open and inclusive consultation process” before deciding what branches to shut. Royal Mail has an obligation to consult local communities about closures because of the post office’s provision of a social service.

According to The Times, committee members were concerned that further closures may take place under the programme which Royal Mail are calling “network reinvention”.

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