UPS Hails Hong Kong/US Pact as Enhancing Global Commerce
A new bilateral aviation agreement just negotiated by Hong Kong and the United States will remove a major impediment to world economic growth, the chairman and CEO of UPS said today.
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Biggest hub yet for Chronopost
Chronopost International, French post office La Postes express distribution arm, has opened its 14th and largest operation in Portugal. The 4,000 sq m centre in Porto can handle up to 16,000 shipments daily.
Read MorePost Office deal to hit A&L profits
Alliance & Leicester, owner of Girobank, has admitted that next year’s arrival of the Universal Bank will knock a hole in its profits.
Girobank processes £1 billion in notes and coins each week for the Post Office, which will administer the new Universal Bank. At present, the Post Office uses its 17,500 branches to pay out this money each week to pensioners, as well as operating basic bank accounts for the less well off and those on benefits.
Read MoreFedEx Appeals Ruling On Late Delivery Class Action
FedEx Express unit expects the U.S. Court of Appeals to rule on its appeal of a class-action judgment in 12 to 18 months, according to a document filed Friday with the Securities and Exchange Commission.The lawsuit was filed against FedEx Express, alleging that customers who had late deliveries during the 1997 Teamsters strike at United Parcel Service were entitled to a full refund of shipping charges under a money-back guarantee, regardless of whether they gave timely notice of their claim.
Read MoreReorganisation of delivery: concrete action plans after intensive consultations in the field (La Poste Belgium)
Following the difficulties encountered in certain pilot offices where the new organisation of mail delivery has been launched, La Poste Belgium has developed concrete actions plans with a view to achieving greater efficiency and coherence.
La Poste emphasises that the success of their new organisation is only possible with the co-operation of their employees and their representatives and that this new organisation must take account first and foremost of the human aspect.
Read MoreCanada Post; Private-Sector Interference
In May 2001, government-owned Canada Post acquired 50 per cent of Montreal’s Intelcom Courier for $1 million. This company offers same-day courier service to businesses and individuals.
Canada Post is now planning to increase its presence and establish same-day courier services in cities across Canada. John Caines, a company spokesman, recently told the media that the expansion of the Crown corporation into same-day courier service is “where we’re going,” and they do not plan to back down from this strategy.
Read MoreFiege raises UK profil, sets radical aims
Fiege Group revealed plans to open a rail-linked mega centre that will mark “the biggest shift from road to rail the UK has ever seen“, with consignmentsranging from white goods to womens fashions, paper and canned fruit. It will open in 2 years time.
Read MoreDeutsche Post to buy another 23% in DHL
Deutsche Post World Net AG is planning to acquire by the end of this year an additional 23% stake in express carrier DHL for €400m, the Financial Times Deutschland reported, without citing sources.
It said the transaction has already been agreed by the owners of the stake, an Asian investment fund and a fund unit of WestLB, and will leave Deutsche Post with a stake of 98.6% in DHL.
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