Author: Archive

UK union accuses Royal Mail of putting profit targets ahead of improvements

Posted by | May 18, 2004 | |

Union leaders accused Royal Mail management of putting financial targets ahead of service improvements as the company attempted to turn its fortunes around.
The Communication Workers Union (CWU) told the Trade and Industry select committee a massive cost cutting programme to reduce losses was being implemented with no thought of the long term implications. CWU general secretary Billy Hayes told MPs low wages, poor working conditions and the physical demands of carrying extra mail after the introduction of the single delivery had led to low morale among staff. Hayes’ deputy, David Ward, said the Royal mail renewal programme was ‘focusing on finances’ and not looking at service improvements.

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Deutsche Post World Net observes opening of French postal market

Posted by | May 18, 2004 | |

Deutsche Post World Net, the German-based postal services and logistics group, is reported to be observing the opening up of the French postal market, but is said to have doubts regarding the full deregulation of that market next year.
The German group, which acquired the US-based parcel forwarding company DHL in 2002, showed turnover of 40bn euros last year. It is currently planning to develop its parcel forwarding activities in Asia.

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Japan Post likely to pay 533 bil. yen in taxes when privatized

Posted by | May 18, 2004 | |

Japan Post would need to pay a total of 533 billion yen a year in national and local taxes when it is privatized, according to the postal service entity’s estimate obtained by Kyodo News on Monday. The total includes 211.9 billion yen in corporate income tax, 112.2 billion yen in enterprise tax and 59.1 billion yen in fixed asset tax. Japan Post was created in April 2003 to take over three postal services — mail delivery, postal savings and life insurance — from the government’s Postal Services Agency. The Council on Economic and Fiscal Policy, a key government economic advisory panel, is calling for Japan Post to be privatized in five to 10 years from 2007. As a public entity, Japan Post is not required to pay taxes at present.

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Dutch & Germans Ready to Buy Into Austria Post

Posted by | May 18, 2004 | |

The Dutch and German Post Offices are keen to buy into their Austrian counterpart and may do so next month, said press reports on Thursday. The first step would be at a forthcoming supervisory board meeting of the Austrian holding company for state industry (OEIAG), when it was expected to decide on a public offer of 25 per cent plus one share – a blocking minority – of the Austrian Post Office. The reports said the Dutch and Germans both considered the Austrian Post Office an attractive proposition.

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La Poste Slashes Broadband, Dial-up Net Access Fees

Posted by | May 17, 2004 | |

French postal operator La Poste is cutting its Internet access rates in a bid to compete more effectively with strong rivals including France Telecom’s Wanadoo service. La Poste hopes to increase the subscriber base of the its service, which debuted in March of last year. As well as the price cuts for both broadband and narrowband services, La Poste is also making it easier for consumers to sign up for the service at any of its 14,000 branch offices rather than having to call a special phone number or go online. The price cuts cover both broadband and dial-up services of the post.

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Azkar Q1 net rises 19 pct to 5.1 mln eur as revenues grow 15 pct

Posted by | May 17, 2004 | |

Transportes Azkar SA said net profit rose 19 pct to 5.1 mln eur in the first quarter to March 31 from 4.3 mln a year earlier on a 15 pct increase in total revenues to 77 mln.

Azkar said revenue growth was driven by a nearly 10 pct rise in deliveries to a total 3.235 mln eur in the first quarter from 2.942 mln a year earlier.

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Parceline contract with Integra Office Solutions

Posted by | May 17, 2004 | |

Stationery & computer consumables group Integra Office Solutions has increased sales by 20% after handing over its pick, pack and distribution services to Pareline Solutions, the logistics division of GeoPost UK. Under the 3 year £2m (€3m) contract, Parceline Solutions stores products at its Birmingham warehouse and delivers them to Integras customers using its next day guaranteed delivery service.

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