US Postal rates are likely to remain the same for another four years, thanks to money freed up from a retirement fund that the Postal Service had been overpaying.
Rates for postage last went up in June, and postal officials said they didn’t expect another increase until 2004. But they stretched their estimate Tuesday after announcing details from a new financial review.
Read MoreAnnouncement of the Swiss Postal Service’s intention to reduce the existing 11 sorting centers to just four facilities triggered disgruntlement and some vehement protests among postal workers and the unions. So last Tuesday Federal Councilor Leuenberger declared that alternatives to the radical restructuring plan would be examined. To that end, according to an announcement from the Ministry for Environment, Transportation, Energy and Communications (ETEC), the Council has invited the cantons involved, along with labor and management, to consultations on the matter. The talks will take a closer look at the massive social and regional impact of the planned postal restructuring and discuss other possibilities for reorganization. The ETEC has so far released no further details about possible alternatives.
Read MoreNotes of meeting between Robin Parr-Davies & Bill Wallis on 26 Sept 02. Includes details of staff and products.
Read MoreTibbett & Britten Group plc, launches a new local logistics service for shopping centers and retail parks that is set to assist the way retailers in such facilities manage their supply chains. The Group has invested an initial GBP0.5 million in setting up the first such operation at Bluewater in Kent.
Read MoreThe rumored acquisition of the Estafeta courier company by UPS (United Parcel Service) is now seen as a serious proposition, with the US company readying to become the leader of the Mexican market, which moves 490,000 m tons of packages per year. UPS plans to open its second distribution center, in Monterrey, which will help make its costs and operations more efficient. The company is also developing its First International Bank operations, as well as improving its security systems.
Read MoreNovember 2002 Deutsche Post through DHL Canada is to acquire Mayne Group Canada on Jan. 31 2003 pending government and regulatory approval,
Read MorePostal issues continue to be a headache for publishers the world over and price based reform is currently under review by operators in the UK, US and Australia.
In October representatives from the Periodical Publishers Association’s (PPA) postal committee urged the UK’s national postal operator, Royal Mail, to find an acceptable way forward on the size-based pricing issue which continues to threaten the country’s magazine industry.
Mail-Well, Inc. announced that Paul V. Reilly, chairman, president and chief executive officer, and Michel P. Salbaing, senior vice president and chief financial officer, submitted certifications today to the U.S. Securities and Exchange Commission (SEC) with respect to the Form 10-Q filed with the SEC today, in accordance with Section 906 of the Sarbanes-Oxley Act of 2002.
Headquartered in Englewood, Colo., Mail-Well specializes in three multi-billion market segments in the highly fragmented printing industry: commercial printing, envelopes and printed office products. These three divisions achieved sales of $1.9 billion in 2001. Mail-Well divested its prime label division in May 2002. Mail-Well has over 11,000 employees and more than 80 printing facilities and numerous sales offices throughout North America.
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