Author: Archive

UK Royal Mail to put up stamp prices

Posted by | Dec 19, 2003 | |

Royal Mail is putting up the price of a second class stamp by 1p to 21p in April. The move will raise £70m to help fund the loss-making postal group’s three-year turnaround plan.

International mail prices will also go up next year, although first class stamps will stay at 28p. First class post for heavier items will fall by up to 10.8%, Royal Mail said.

The group said the rise was below the rate of inflation and stamps remained cheaper in the UK than in many other European countries.

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Swedish Posten AB signs agreement with Amapola Flyg AB

Posted by | Dec 18, 2003 | |

The Swedish postal services company Posten AB said on the 18th December that it has signed a cooperation agreement with the air transport company Amapola Flyg AB, a subsidiary of Salenia AB.

Under the terms of the agreement Amapola Flyg will gradually take over domestic air mail operations from Posten’s subsidiary Falcon Air AB.

The transfer of operations is to be completed during 2006 when Falcon Air’s aircraft leasing agreement ends.

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DHL Thailand to undergo major capacity expansion

Posted by | Dec 18, 2003 | |

DHL, the world’s leading air delivery and logistics provider, plans to boost its Thai operations with major capacity expansion of its depots nationwide and the construction of a new warehouse and distribution centres.

Herbert Vongpusanachai, managing director of DHL Express, said the company’s capacity would be more than doubled to serve business expansion over the next five to 10 years. Presently, the available capacity at its depots in Bangkok, Phuket and Nakhon Ratchasima are almost fully utilised.The company expects to handle more than 130,000 tonnes of goods sent this year in express, air and ocean freight.

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Nigeria earns N300m from parcel post in 2003

Posted by | Dec 18, 2003 | |

The Postmaster General of the Nigerian Postal Service (NIPOST), Alhaji Abubakar Musa Argungu has announced that the country recorded an impressive N300 million as revenue from parcel post in 2003 alone. The postmaster general who spoke in Abuja at the two-day African Regional Conference on postal parcels, explained that the income tripled the revenue generated through the same business in 2000 when N105 million was recorded. He told Business Day in a chat after the opening ceremony that Nigeria was first in Africa in terms of revenue generation through postal parcels followed by South Africa, which he said exported 107,800 parcels and imported 230,000.

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FedEx posts large decline in quarterly profit

Posted by | Dec 18, 2003 | |

The FedEx Corporation, the overnight package-delivery company, has said that it had its biggest quarterly drop in net income in six years, as daily air shipments in the United States fell and more employees than expected took buyouts.

Shares of FedEx declined $3.30, to $71.01, on the news.

Many investors had forecast a rise in the domestic shipments, rather than the 1% decrease reported, after the economy expanded in the third quarter at the fastest annual rate in two decades.

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Nightspeed wins UK parcel contract

Posted by | Dec 18, 2003 | |

Nightspeed has won a quarter of a million pounds contract to provide a time sensitive critical delivery service to a Manchester-based firm.

Nightspeed Secure Worldwide Express, of Tipton, will transport over one hundred parcels, using the next day and European destination service, on behalf of Eurolink Worldwide Express.

Paul Knop, managing director of Eurolink, said: ‘In distribution, flexibility is paramount. A customer’s needs may change from day to day, and our distribution service should be able to do the same, which is why we chose Nightspeed who can tailor a service package to meet our customer’s requirements and provide a secure delivery service too.’

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UK post service rivals reach surprise pact

Posted by | Dec 18, 2003 | |

Royal Mail and Business Post shocked the postal regulator yesterday by agreeing to an eleventh hour deal on access pricing. The companies, which have been wrangling for nearly two years over how much Business Post must pay to access the so-called “final mile” of Royal Mail’s delivery network, announced they had signed heads of terms on the issue. However, the details of the deal are likely to remain confidential until January. The news came as a surprise to Graham Corbett, the outgoing chairman of postal regulator Postcomm. He had been due to publish a decision on access pricing tomorrow, after the two companies had asked the regulator to mediate on the issue. “This is like being on the courtroom steps,” he said. “They have suddenly found themselves thinking that they don’t want a deal imposed on them by a judge or a regulator.”

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USPS fiscal year 2003

Posted by | Dec 18, 2003 | |

Revenue, pieces, and weight by classes of mail and special services for government fiscal year 2003 compared with government fiscal year 2002

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