Author: Archive

London Parking Fines

A campaign against the imposition of heavy fines caused by the ‘no parking’ policies of London borough councils has resulted in a series of new measures to help ease the problem. TNT Express Services has been spearheading a six-month, industry-wide revolt challenging Westminster and Camden Councils to alter its policies to help accommodate collections and deliveries to businesses in the capital. TNT was facing potential fines up to GBP300,000 per annum under the existing arrangements. TNT, the UK Express Carriers Forum and Westminster and Camden officials held summit talks on July 15th and 16th to try and resolve the difficulties. A raft of new proposals looks like signalling an end to the dispute.

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CHANGING FACES: FORTEC PALLET DISTRIBUTION NETWORK

FORTEC Pallet Distribution Network, one of the UK’s leading pallet distribution networks, has announced the appointment of Alan Cramley to the position of network development director.

Alan, 48, joins Rugby-based Fortec after more than 25 years in senior sales and marketing roles within transport and related industries.

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USPS boosts productivity, holds rates steady

Chief Financial Officer Richard J. Strasser, Jr. told the Postal Service’s Board of Governors meeting here today, that through Quarter 3 of fiscal year 2004, the Postal Service further reduced its debt and is on track to hold rates steady to 2006. Strasser cited increased productivity and a reduction in Civil Service retirement fund overpayments as the principal reasons for the positive outlook. He said that despite slight revenue declines, the Postal Service achieved a net income of USD259 million in Quarter 3 on revenues of USD16.6 billion. Productivity gains of 1.8 per cent were achieved by managing costs and employee complement.

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Japan Post to be inspected as investment trust vendor

The Financial Services Agency is considering introducing as early as next fiscal year a system that will enable the Securities and Exchange Surveillance Commission to inspect Japan Post’s investment trust operations, officials at the financial watchdog said Tuesday.

The FSA has signaled its intention to allow post offices to sell investment trusts — financial products similar to mutual funds –but to apply the same inspection and regulatory measures to post offices as those applied to private financial institutions, they said.

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USPS/GLS: another right Royal Mail mess

United States Postal Service based its decision not to renew its contract with General Logistics Systems, which is owned by Royal Mail, on service and fee complaints by its customers. The new contract will go to Deutsche Post and, indirectly, the switch represents yet another blow for Royal Mail.

United States Postal Service (USPS) will not be renewing its contract with German-based delivery company General Logistics Systems (GLS) for package deliveries in 23 European countries, although the contract will continue to be in place until December 24, 2004, when it expires.

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Stocking Shelves: Exel & Selfridges

Ensuring that Selfridges, one of the UK’s most prestigious stores, has the right merchandise at the right time falls to its supply chain partner, Exel. Simon Jack finds what’s involved.

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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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