Author: Archive

A privatised post : will it deliver? chanticleer feature

Posted by | Jan 10, 2004 | |

Few organisations have held as prominent a place in the community as Australia Post. With a history stretching back to 1809, when an emancipated convict, Isaac Nichols, opened the first post office in his home in George Street, Sydney, the postal service now faces its most challenging period and the prospect that the deregulation of mail delivery even privatisation will be put back on the agenda.

Under Graeme John , a former Australian Rules player and coach with South Melbourne, Australia Post has embarked on an extraordinary transformation that is starting to help it shake off an image as a tired bureaucracy slowly losing its relevance.

It has overhauled the format and locations of its post offices and has implemented Future Post, an initiative to reduce mail processing costs in an effort to keep physical mail competitive with the enormous threat posed by electronic communications.

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TNT opens office in Mekong Delta, Vietnam

Posted by | Jan 9, 2004 | |

TNT Vietrans Express Worldwide Limited Company, a joint venture between the TNT group and the Ministry of Trade, opened an office the Mekong Delta city of Can Tho.

TNT is the first company to open office in Can Tho since it became a central city. The office is expected to help promote economic development in the city and the region through its quick postal services including express distribution of letters and packages. TNT can transport 3.6 million express parcels to 222 countries a week.

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Singapore Post may sell funds at Post Offices

Posted by | Jan 9, 2004 | |

Singapore Post is looking at the possibility of selling mutual funds, insurance and other financial products through its network of post offices to boost its non-postal revenue.

Quoting a source, Streats, a freesheet distributed at subway stations, said former Oversea-Chinese Banking Corp. banker Victor Ow had joined SingPost on a part-time basis with “the mandate to develop SingPost’s distribution business for third-party financial products.”

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Appointment to consumer council for UK postal services

Posted by | Jan 9, 2004 | |

Postal Services Minister Stephen Timms has announced the appointment of Helen Charlton as a National Council Member of Postwatch.

Stephen Timms said: “Postwatch plays an important role as the independent representative of postal consumers. With her experience, I am sure that Helen Charlton will make a valuable contribution to the work of Postwatch; particularly in bringing a wide-ranging knowledge of competition law with her”.

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Sale of 25% holding in Post Denmark could bring in up to DKK2.5bn

Posted by | Jan 9, 2004 | |

Financial analysts interviewed by the Danish financial newspaper Borsen expect the Danish government to make between DKK1.5bn and DKK2.5bn from the planned sale of a 25% stake in the postal services company Post Denmark.

Negotiations are already under way and the sale is expected to be completed in the next few months.

According to Borsen the potential bidders include Royal Mail, Deutsche Post, La Post and TPG.

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UK Royal Mail post-sorting trains are now cancelled

Posted by | Jan 9, 2004 | |

Special rail services on which post is sorted en route have made their final journeys. The so-called Travelling Post Offices (TPO) are being axed under cost-cutting plans that will save the Royal Mail £10 million a year.

Hundreds of jobs will be lost, but the workers will be redeployed or offered voluntary redundancy. Trade unions accused the Royal Mail of “industrial recklessness” and said that there would be extra pollution as mail is switched to roads.

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Irish Post Service sells buildings to pay wage bill

Posted by | Jan 9, 2004 | |

An Post has been forced to sell property to pay its wage bill.

The beleaguered company is using overdraft facilities to meet day-to-day running costs. It is seeking to cut more than 1,300 jobs and faces a 30m loss for 2003.

Unless a radical rescue package is implemented, the State company could go under,chief executive Donal Curtin warned.

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Swiss Post now represented in Sweden by franchisee

Posted by | Jan 9, 2004 | |

Swiss Post International has granted a franchise licence to “Mail & Logistics Sweden AB”, one of Sweden’s biggest independent providers of international mailings. SPI has also been cooperating with franchisees in Spain since spring 2002 and in Asia since last summer. Franchisees enable SPI to expand in countries offering a substantial market potential. In turn, the franchisees benefit from Swiss Post’s excellent worldwide reputation as a reliable and quality-focused provider of cross-border mail services.

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