Author: Archive

UK Royal Mail profits threatened by strike action

Posted by | Aug 10, 2003 | |

The Royal Mail is projecting it will bounce back to a profit of GBP100 mln this year, unless it is undermined by the looming threat of industrial action, says chairman Allan Leighton.

A national postal strike could be disastrous for projected profits and Leighton claims that he expects profits to recover by GBP700 mln from last year’s loss of GBP600 mln.

He said that the recovery could falter if negotiations this week to avert the first national postal strike in seven years fail to reach agreement.

Read More

Airlines compete for mail business under a series of new USPS performance-based contracts

Posted by | Aug 9, 2003 | |

Several airlines have begun competing for mail business under a series of new U.S. Postal Service performance-based contracts. But optimism about significant revenue improvements is tempered by ongoing passenger airline security restrictions on parcel size mail and volume declines in the postal service’s air express products. The new contracts are a departure from the old practice of equally sharing business among air carriers, and part of the U.S. Postal Service’s effort to transform itself into a modem, cost efficient, self-sustaining enterprise. USPS said it expects the contracts, which became effective June 28, to increase efficiency and improve service.

“It’s the most dynamic change in 20 years,” USPS spokesman Mark Saunders said. “Up until now the airlines have looked at this business as a given. Now they have to earn it. If they don’t perform, they will lose it to their competitors.” USPS uses more than 15,000 commercial passenger, flights to move about 170 million pieces of mail each day. Direct marketers depend heavily on the USPS for parcel, expedited and global delivery services.

Read More

Hermes take over link in logistics chain from Deutsche Post

Posted by | Aug 8, 2003 | |

ZeitungHermes Logistik Gruppe, Germany’s second-largest logistics service provider for deliveries by businesses to consumers, will in future manage incoming transport to its 65 depots in Germany. Until now, this part of the logistics chain has been provided by DHL Freight, a subsidiary of German postal service operator Deutsche Post.

Read More

Astar asks U.S DOT to reject FedEx-UPS motion

Posted by | Aug 8, 2003 | |

Asserting that its competitors “will stop at nothing to prevent competition,” Astar Air Cargo, formerly DHL Airways, urged the U.S. Department of Transportation to reject a joint request from FedEx and United Parcel Service to refer the probe of Astar’s ownership to the agency’s inspector general. Astar charged that its opponents were pulling out all the stops to delay a resolution of the controversial case.

Read More

DHL Express to turn Chile into platform for growth

Posted by | Aug 8, 2003 | |

DHL Express Chile, the Chilean subsidiary of DHL, ended the first half of 2003 with a 38.3% share in the domestic market, thanks to a 14% growth in the market that expanded by 8.3%, according to country manager Philip Somervell.

The company will invest in strengthening its Chilean operation, opening five new outlets in the country, as part of its strategy of turning the local operation into a platform for growth in the region.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest