Author: Archive

UPS May Have to Offer Free Shipping Vouchers

A judge is expected to order United Parcel Service Inc. next week to offer free shipping vouchers to customers as part of the settlement of a class-action lawsuit that alleged the company overcharged for package insurance. Under the settlement, UPS would offer vouchers to anyone who can prove they bought “excess value” package insurance between August 1994 and October 2003. The attorneys for the plaintiff argued that the Atlanta-based company charged consumers too much for the insurance. The two sides agreed on a tentative settlement in February. The U.S. District Court judge in New York’s Southern District scheduled a final hearing on the settlement for May 21, after which class participants are expected to begin applying for vouchers. The vouchers expire 180 days after they are issued.

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Deutsche Post WN starts 2004 better than expected

First-quarter revenues rise to EUR10.5 billion from EUR9.8 billion / Double-digit growth in Express and Logistics Divisions / STAR program contributes EUR81 million to earning in the first quarter / Deutsche Post confirms 5-10 percent full-year EBITA growth target

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Payment Channel Strategies for Accession Posts

Payment Channel Strategies for Accession Posts: _x000b_Perspectives, Challenges, Opportunities
Postal Strategies in the New Europe of 25
BvDP Conference in association with Arthur D. Little
13/14TH May 2004 Vienna
Presentation by Tim Walsh, Pitney Bowes
P:LibraryPostalPBowes T Walsh pres Payment Channel Strategies for Accession Posts May 04.ppt

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Portugal – PT, postal service contract to be examined

Portugal Telecom (PT) and CTT-Correios de Portugal postal service, have seen the Portuguese Economy Ministry ask the national competition watchdog to examine a no-bid contract between the two firms. The 10-year deal calls for PT to provide and manage telecoms services for the postal services. Financial terms of the contract have not been disclosed. The contract, awarded without bidding, has been questioned by PT rivals.

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Postal Union lauds plans for Caribbean postal training school

The eighth Annual Confe-rence of the Caribbean Postal Union lauded plansput forward by the Postal Corporation (PostCorp) of Jamaica for the establishment of a Postal Training School for the Caribbean. The new facility, which will be located at the South Camp Road Central Sorting Office, aims to provide training in postal technology to employees at all levels. The plan also makes room for a core curriculum of workplace competencies in a number of areas including communication, supervisory, and management skills. The new curriculum will allow for the accumulation of traansferable credits which will enable postal employees to up-grade their certification and provide opportunities for entry into University programmes.

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Old Arguments for State-Run US Postal Service No Longer Apply

A survey of economists specializing in postal services has found that they recommend that the government-supported United States Postal Service (USPS) be de-monopolized or privatized.

The U.S. government first got involved with the postal services as a way to support the growth of democracy. The more modern defense is cross-subsidization, where the profits in one region can offset losses incurred on less populous routes — ensuring universal service to rural areas. Another defense is that there are economies of scale, with lower average costs, due to the size of the postal service and amount of mail. However, the study concludes that neither of these justifications are valid.

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DPWN CEO Targets 5-Fold Rise in Asia Sales

Deutsche Post AG chief executive Klaus Zumwinkel said he is targeting a fivefold increase in the company’s sales in Asia by 2010. “I am working on the assumption that we will increase our sales in Asia to up to 10 billion euros from (the current) 2.0 billion,” he said in an interview in Shanghai with Deutsche Presse-Agentur. Given its high growth rates, the Asian region has a key strategic importance, and the German postal and logistics company plans to invest 920m eur in expanding its infrastructure there by 2008.

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