Author: Archive

China never approved foreign-funded express firms: post bureau

Posted by | May 18, 2004 | |

No sooner had DHL declared it the first foreign firm to carry out express delivery service in China and stirred up media fever when a spokesperson from the China State Post Bureau claimed that so far, it had never approved any foreign- funded company to set foot in the field. The bureau hasn’t provided DHL with the license necessary for carrying out express business in China, nor did it approve any other foreign-funded firm, said the spokesman. China did not promise to open its postal market in its commitment to the WTO. As to whether DHL has violated Chinese laws and regulations by founding a place in the field, the bureau said it would keep a close eye on DHL’s business in China.

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Business Post Group plc Preliminary Announcement

Posted by | May 18, 2004 | |

Peter Kane, Chairman, issued the following statement. I am pleased to report another year of successful progress in line with the Three Year Plan set out in November 2001. In particular, pre-tax profit increased substantially and a strong base has been established for further profitable development. Of special note has been the further market share advances in the core Express business-to-business market, strong growth in HomeServe, operating in the business-to-consumer market, the acquisition of Weaver Pallet Express (since re-branded as UK Pallets), a significant palletised goods delivery business, and the signing of an agreement with Royal Mail which enables UK Mail, our business mail subsidiary, to commence operations. During the year, turnover increased by 23% to £192.7m (2003: £156.3m) and pperating profit before goodwill amortisation increased by 22% to £19.1m (2003: £15.6m).

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Postwatch visit to Japan Post

Posted by | May 18, 2004 | |

As a part of its research activities Postwatch conducts a number of international visits. Such visits enable us to learn from best practice elsewhere, share information and develop an understanding of trends worldwide.
Trends in the Japanese postal industry to a significant extent mirror those in the UK. Its main postal operator has recently been made into a public corporation, and public opinion is greatly opposed to the closure of post offices and the prospect of privatisation, although this remains high up on the Prime Minister’s agenda. It was therefore felt that Postwatch would benefit from meeting with Japan Post and the Ministry for Public Management, Home Affairs, Posts and Telecommunications (MPHPT) to establish how Japan Post and the regulator are approaching some of the challenges we are also facing at home.
P:LibraryPostalPostwatch Japan_visitJune04.pdf

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USPS’s Mail Volume Up, Revenue Up, Expenses Down

Posted by | May 18, 2004 | |

According to the United States Postal Service’s year-to-date (YTD) fiscal data (Oct. 1, 2003, through Mar. 31, 2004), YTD revenue of USD 35.5 billion was 1.4% over budget, and expenses of USD32.9 billion were 1.7% under budget plan. The YTD net income of USD2.5 billion was USD1.0 billion more than budget. Meanwhile, total mail volume was up 1.1% in the first six months of fiscal 2004.

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Inquiry Launched into UK Royal Mail

Posted by | May 18, 2004 | |

An inquiry has been launched by MPs into the deterioration of postal services in Britain. The trade and industry select committee has requested Royal Mail’s three most senior bosses to appear before them today to explain why deliveries have worsened. Chairman Allan Leighton, Chief Executive Adam Crozier and Operations Director Tom Melvin will be questioned about their implementation of a restructuring plan which involved eliminating the second delivery of the day and has been responsible for a decrease in service quality since Christmas.

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House panel approves US Postal Service reform

Posted by | May 18, 2004 | |

A House committee on Wednesday approved what would be the first overhaul of the US Postal Service in 34 years, giving it the flexibility it needs to compete against new technology and aggressive rivals. The legislation, 10 years in the making, is aimed at making the USPS more competitive in a new business environment where e-mail has reduced mail volume and private companies have taken away business. The 40-0 vote for the legislation indicated strong bipartisan backing. Republican leadership has pledged to bring the bill to the House floor this session. In the Senate, the Governmental Affairs Committee is set to consider similar legislation. Under the bill, the Postal Service would continue to guarantee delivery six days a week to every address in the United States. A new system for establishing postal rates would be established. Rate increases for market-dominant products such as letters and periodicals would not exceed the annual change in the Consumer Price Index. The Postal Service is provided with different pricing freedom for products that compete with FedEx Corp. and United Parcel Service.

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HK Post expands Speedpost destinations to 216

Posted by | May 18, 2004 | |

Hong Kong Post said on Monday the delivery network of its international courier service nearly covers every corner of the world by expanding 120 additional destinations to reach a total of 216. The expansion of the network enables Speedpost to have a much more extensive coverage to South America, Eastern Europe and Africa. “Speedpost is always a good choice of express service for businesses, in particular small and median sized enterprises, in sending time-sensitive documents and packages to overseas countries,” a spokesman of Hong Kong Post said.

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