Author: Archive

TPG Files EU Complaint Against Postbank

Posted by | Jun 17, 2004 | |

EP Europost AG & Co KG, a joint venture between TPG NV and Hermes Logistics Group, said it has filed a complaint with the European Commission against Postbank AG, alleging the bank is receiving indirect subsidy from its parent Deutsche Post World Net AG. According to Europost, Postbank’s outlets are located at post offices run by Deutsche Post and Postbank only partly pays for their rent. Europost also alleged Postbank’s employees are being paid by Deutsche Post. ‘Postbank has only variable costs,’ it added.

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UK Royal Mail committed to working with publishers

Posted by | Jun 17, 2004 | |

Royal Mail chief executive Adam Crozier has committed to working with publishers on the growth and development of magazine subscriptions. Speaking at a Postcomm seminar he said he urged PPA members to talk to Royal Mail following concerns raised by PPA chief executive Ian Locks. Crozier stressed that improving quality was the number one priority.

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French La Poste faces strike by IT staff

Posted by | Jun 17, 2004 | |

La Poste, the French postal service operator, faced a call for strike action in the IT department of its financial services division. The trade union SUD PTT was protesting against the creation of a credit institution with the threat of extensive IT outsourcing.

It is reported that, out of 490 members of staff at the Gradignan site, 166 participated in industrial action.

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FedEx India to focus on export cargo business

Posted by | Jun 16, 2004 | |

FedEx may increase the number of flights from India since the existing scale of operation is reaching capacity.

Federal Express Corp (FedEx), the world’s leading express delivery company, is happy with the way the export cargo business is growing and felt no need to immediately enter the domestic cargo market in India.

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Spanish DHL Iberia Buys Liste

Posted by | Jun 16, 2004 | |

DHL Iberia, the Spanish subsidiary of German express mail delivery group DHL, has bought Spanish cargo transport company Liste for an undisclosed sum, it was reported on June 14, 2004.

The acquisition is expected to strengthen DHL Iberia’s positions in the region.

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An Post’s senior managers dispute company’s new plan

Posted by | Jun 16, 2004 | |

An Post has become embroiled in a row with its senior managers over the manner in which it is seeking to implement a restructuring plan.

Its approach was described yesterday as “off the wall” by the managers’ union representative, Mr Sean O Riordain of the Association of Higher Civil and Public Servants.

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UK Postcomm consults on management of the PAF

Posted by | Jun 16, 2004 | |

Postcomm today began a three-month consultation as part of a review of the
management of the postcode address file (PAF), the Royal Mail database that lists every postal address in the United Kingdom. The PAF, originally created by Royal Mail to speed up its delivery process, is now licensed to many other businesses, such as insurance companies and banks. The main objectives of the review are to assess Royal Mail’s performance against its statutory obligations, ensure that the way the PAF is managed does not act as a barrier to the development of effective postal competition, and to ensure the management framework of the PAF is structured in the best way to further the interests of users.

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