Post haste virtually all a matter of timing
DPGM in Australia
market share figure – 13% of global mail market
Author: Archive
EGL, Inc. Announces 16% Growth in Gross Revenues and Diluted EPS of $0.14
EGL, Inc. announced that it earned $6.5 million of net income for the three months ended June 30, 2003, compared to $938,000 in the second quarter of 2002. Diluted earnings per share for the quarter were $0.14 compared to diluted earnings per share of $0.02 in Q2-2002 and $0.06 in Q1-2003.
Read MoreFedEx Express adds Iraq service to global network
Federal Express Corp. has added Iraq to its global network, offering door-to-door pick up and delivery for shipments in and out of the cities of Baghdad, Basra and Mosul. “Iraq has the potential to be one of the fastest growing economies and will require integrated end-to-end transportation solutions,” said Hamdi Osman, regional vice president, FedEx Middle East, Indian Sub-Continent and Africa.
Read MoreNational postal service operator Ceska posta sees letter delivery fall nearly 10 % in 1H
The national postal service Ceska posta (CP) delivered 292 mln letters and postcards in the first six months of 2003, a drop of 9 % yr/yr. The firm managed to hike revenues however, by 8.6 % yr/yr to CZK 2.12 bn. CP attributes the decrease in number of letters delivered to greater interest in e-mail and SMS, CP spokesman Ladislav Vancura told the CTK news agency.
Read MoreUnion presses for more upfront pay from UK Royal Mail to avert post strike
Britain’s main postal workers’ union, the CWU, pressed Royal Mail to pay more of its 14.5% pay and productivity offer upfront in order to avert the first national strike for seven years.
Talks at the conciliation service Acas, adjourned last night and are to resume tomorrow, with the CWU hoping that Royal Mail will agree to reduce the 10% of its pay offer linked to productivity changes such as ending the daily second delivery.
Read MoreNew JV for T&B in Turkey
New JV for T&B in Turkey
Read MoreToshiba to provide mail-sorting system to Sweden Post
Toshiba Corp. said Monday it has won a contract worth USD12 million to provide the Swedish postal services with advanced mail-sorting equipment. In June 2004, the Japanese electronics maker will start delivering eight units of its Series TT-1000 systems, each equipped with an optical character reader and video coding system, Toshiba said in a press release. The mail-sorting systems scan mail and recognize handwritten or printed addresses, print appropriate barcodes onto envelopes and use the information in the bar codes to sort mail into stackers on the basis of destination.
Read MoreGist profits from strong UK volumes
Gist profits from strong UK volumes
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