Royal Mail has confirmed that it is expecting to make an operating profit of GBP 200m for the 2003-04 financial year, compared with a loss of GBP 197m in 2002-03. About 12,000 jobs will go in the next few months, bringing the total staff reduction so far to well over 20,000, and more than half of delivery offices have agreed to make fundamental changes to working practices to improve productivity.
Read MoreThe SUD-PTT trade union has accused the French post office, La Poste, of having surreptitiously sold one of its subsidiaries, Someposte Logistique, to the French conglomerate Bouygues.
Read MoreMersey Docks: 2003 Prelims
Read MoreThe French trade unions CFDT, FO and SUD-PTT have called on postal workers in Paris to begin an open-ended strike in protest against job cuts and deteriorating working conditions. The SUD argues that, since the beginning of the year, 400 jobs have either been shed or earmarked to be shed in seven of the French capital’s mail distribution centres, while working hours have become more anti-social.
Read MoreMiddle managers at Royal Mail are threatening to go on strike over plans to cut 3,000 jobs, claiming they are being bullied into agreeing to voluntary redundancies.
The postal group is slashing its headcount in non-operational management areas such as marketing and finance. It said that more than 2,000 staff had signed up to a voluntary redundancy package. “We want to do everything we can to deal with surpluses on a voluntary basis,” Royal Mail said.
Read MoreGlobal express and logistics expert DHL and Al Rajhi Banking & Investment Corporation in Saudi Arabia have extended their strategic partnership by awarding DHL the management of Al Rajhi’s Head Office mailroom and its 12 regional mailrooms with full responsibility for mail services between more than 425 branches.
Read MoreEurope’s fastest-growing palletised freight network has created a dedicated network for the whole of Ireland.
Palletways Ireland will be based on Palletways’UK model, which saw 40percent growth last year.
Read MoreGermany’s second largest business-to-consumer package group is looking to drive a 25percent expansion this year, mainly through acquisitions.
Hermes Logistics Group saw revenues of t592m in its fiscal year to February, up 7.6percent on the previous year, while throughput rose 2.3percent to 179m consignments.
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