The plan drawn up by DHL, the German courier company, to minimise its job losses in France, is a model plan, the CFDT union said on Tuesday. DHL, which is planning to cut its workforce by 1,200 or 10 per cent, signed an agreement last month with the unions on how to proceed with the reduction.
Read MoreDeutsche Post, the German mail delivery company, has moved further into the UK business market by agreeing terms to use Royal Mail’s delivery network. The move breaks months of deadlock and avoids the need for Postcomm, the postal regulator, to step in to set a price. Terms of the agreement, expected to be approved formally by the Royal Mail board early this month, are the same as those announced in February between the Royal Mail and the UK Mail arm of Business Post, its private sector rival. Royal Mail will deliver post collected and sorted by Deutsche Post. The German company will pay 13p for letters fully sorted by one of Royal Mail’s 1,450 delivery offices and 13.375p if items are only sorted by postcode.
Read MoreBritain and France are jointly releasing a set of postage stamps to mark the hundredth anniversary of the pact that ended centuries of hostility between the two nations, Royal Mail said.
The Royal Mail and the French Post Office, La Poste, will begin selling the stamps marking the centenary of the Entente Cordiale, two days ahead of the anniversary.
Read MoreCanada Post delivered a higher profit than expected for 2003, sending some of it back to its only shareholder, the federal government.
The corporation reported net income of D253 million for the last year — about four times the D58 million it expected, Canada Post said in its annual report.
Read MoreChristian Salvesen issues new profit warning
Read MoreUnited Parcel Service Inc. will soon be giving away tens of millions of dollars in free shipping as part of its settlement of a class-action lawsuit that alleged the company overcharged for package insurance over the past two decades.
Atlanta-based UPS is offering customers who are part of the lawsuit vouchers for UPS service — some worth up to USD8,000 apiece — if they can prove they bought the “excess value” package insurance from UPS going as far back as 1984.
Read More1,000 former Airborne Express workers will lose their jobs in Seattle over the next 12 months as the new owner, German air-cargo company DHL Express, concentrates operations at its headquarters in South Florida.
DHL have filed the layoff notice with the state Employment Security Department, ending faint hope that some administrative jobs might remain.
Read MoreThe U.S. Department of Transportation has awarded UPS the authority to operate six additional flights between Hong Kong and its intra-Asia air hub in the Philippines via Singapore, expanding capacity between three important trade markets. The new authority will enable UPS to provide twice daily service between Hong Kong and the Philippines, as well as direct air service between the key markets of Hong Kong and Singapore. The new flights will begin in October.
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