The government is studying having funds accepted into postal savings and kampo life insurance before and after the privatisation of Japan Post, slated for 2007, managed in separate accounts, respectively, government sources said.
Read MoreAmtrak Express Parcels has won a contract with Virgin Wines worth more than GBP1m to deliver boxes of wine to customers’ homes. The deal will double Amtrak’s business with the wine supplier, with which it has worked since 2002.
Virgin Wines, which also incorporates the Telegraph Wine Service, has seen year-on-year growth exceeding 30percent.
DHL expects to decide on the future of its main European air hub in Brussels, Belgium, by the end of this year, senior executives have confirmed.
The German-owned global logistics player is concerned that continuing environmentalist and political pressures to restrict night-time flying at Brussels Airport would limit the company’s ability to further expand its own operations there.
Read MoreOne of the UK’s largest express delivery companies is petitioning the Manx government to remove the monopoly currently held by Isle of Man Post.
Business Post, the fourth-largest operator in the UK, has secured a licence from UK postal regulator Postcomm to compete with the Royal Mail. Now it is hoping to do the same on the Island by persuading the Department of Trade and Industry to allow it access to the entire postal market. Current legislation prohibits any other company from collecting and distributing individual items of mail less than GBP4 in value. This means that the majority of letters posted are dealt with by IoM Post, including business mail.
Read MorePitney Bowes Inc has reported a 14 percent increase in second-quarter profits, citing the success of new products and acquisitions.
The Stamford-based postage equipment company said net income for the April-June period was USD134.7 million, or 58 cents per share, compared with USD118.9 million, or 50 cents per share, a year ago.
Representatives of U.S. Postal Service managers say a new pay-for-performance system is working and that an added emphasis on midyear reviews is one positive effect of the program.
Officers of the National Association of Postmasters of the United States and the National League of Postmasters say that all postal managers received interim reviews this year.
Read MoreThe government is planning to separate the three units of the public postal service in the event of privatisation, local dailies reported, without citing sources.
The Mainichi newspaper and the Sankei newspaper reported the Japanese government is close to deciding a plan to separate the three business units of Japan Post – mail service, postal savings, and postal life units – by the time the public service is privatised.
Read MoreWhen Mexico’s Congress meets for its next session in September, lawmakers are to revive a bill submitted two years ago that will pit supporters of free-market competition against defenders of state industry. The proposal would hand the letter carriers at Servicio Postal Mexicano (Sepomex), Mexico’s state-run post office, a virtual monopoly on all packages weighing 350 grams or less, except in cases where private firms offer premium services like tracking or digital signatures or if their pricing is at least double the state company’s fee.
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