Author: Archive

U.S. Postal Service brings paper recycling to Post Office lobbies

Posted by | Oct 28, 2008 | |

“Read, Respond, Recycle” is the banner under which the Postal Service will reach out to postal customers with a convenient, environmentally responsible alternative to bringing home or discarding their mail.
The Postal Service has a long and proud environmental record, and annually recycles more than 1 million tons of paper, plastic and other materials. The Post Office Box Lobby Recycling program launched builds on the tremendous success of similar programs that have been ongoing in the northeast part of the United States for more than 10 years.
The PO Box Lobby Recycling program places secure recycling bins in Post Office lobbies. All bins are locked with a key and the opening is slim — about the width of a news magazine. PO Box customers are encouraged to remove and open their mail (read), take whatever action is necessary (respond) and simply place the rest of their mail into the bin (recycle).
This program has been thoroughly tested and presents no risk to mail security or customer privacy and does not effect postal operations or costs, according to Postmaster General John Potter.

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Alliance & Leicester Commercial Bank partners with Post Office UK

Posted by | Oct 28, 2008 | |

Alliance & Leicester Commercial Bank has teamed up with Post Office Limited to launch a new scheme for small businesses.
Under the new agreement, Post Office branches will be able to introduce a range of Alliance & Leicester business current accounts to small business customers.
The bank noted that the launch follows a successful pilot which was carried out with the National Federation of Sub Postmasters over a three-month period at 41 Post Offices across the UK.
Alliance & Leicester said that the customers of the bank already benefit from being able to carry out their day-to-day banking transactions at any of the UK’s network of Post Offices. Business customers are able to pay in or withdraw cash and check their account balance and deposit checks over the counter, as well as receive a change giving service. The new agreement further strengthens and extends Alliance & Leicester Commercial Bank’s support for the Post Office network, the bank added.

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UAE residents can register for national identity cards at post offices

Posted by | Oct 27, 2008 | |

Emirates Identity Authority (EIDA) and Emirates Post have joined hands to provide registration facilities for the National Identity Card through post offices across the UAE.

The move follows the appointment of Emirates Marketing and Promotions (EMP), a subsidiary of Emirates Post Holding, by EIDA as the exclusive agent for managing the registration for Population Register and national ID cards.

Members of the public can buy special envelops, priced Dh 40 (USD 10.88), from post offices, fill up the registration form and submit the envelope to the post office counter.

As part of its responsibility, EMP will scrutinise the forms. If there is an error in the data, customer will be informed by SMS or by the call centre.

Emirates Post will then send the completed forms to the applicant through his P.O. Box, mentioning the date on which he can go to the EIDA centre to submit the form and acquire the identity card.

As an incentive, Emirates Post has announced a three-month promotion for those registering at post offices, offering members of the public three laptops and other attractive prizes in monthly draws to be held between October and December 2008.

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Austrian Post dismisses trans-o-flex chief

Posted by | Oct 27, 2008 | |

Austrian Post has dismissed Klaus Heinz, head of its German parcel logistics subsidiary trans-o-flex, but is not planning any change in the company’s business model, according to CEP-Research information.

“Klaus Heinz has been relieved of all his functions”, a trans-o-flex spokeswoman said. She declined to disclose the reason for the decisions but added: “A re-positioning of trans-o-flex is neither intended nor planned.”

Wolfang Weber, head of operations and formerly deputy head of the management board, has taken over as management board spokesman in addition to his existing responsibilities. The other management board members are Thomas Mohorn, head of sales and marketing, and Thomas Doll, responsible for finances.

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Philippines Post CEO tells UNI Apro he will consult with workers on modernisation

Posted by | Oct 27, 2008 | |

The UNI Apro Post & Logistics Committee, meeting in Manila, had a good exchange of views with the CEO of PhilPost, Mr Hector Villanueva who came and addressed the meeting. He told the meeting that unless they wanted privatisation they needed to make sure the post company was making a profit, they needed to give incentives to the Government so they would want to keep their investment. One of the things the company needed to do to stay profitable was to modernise and use new technology. UNI told the Mr Villanueva that while unions weren’t opposed to new technology and modernisation, they wanted to be consulted and to be able to ensure their members were re-skilled, retrained and given new jobs and the the work wasn’t outsourced. Mr Villanueva gave assurances that the union would be an integral part of the decision making over modernisation.
He also told unions attending the UNI-Apro meeting that PhilPost was one of the first fully deregulated markets in the world where all post was subject to competition since 1991. He said the company was doing well competing with new entrants and in reality it was PhilPost that still had to provide the Universal Service, but that was now a difficult task with falling volumes of mail.

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Deutsche Post AG supports Postbank strategic initiative

Posted by | Oct 27, 2008 | |

The Supervisory Board of Deutsche Post AG has approved that Deutsche Post, as majority shareholder of Deutsche Postbank AG, will participate with up to 100 percent in the bank’s planned capital increase. The Group thus supports the strategic initiative presented by Postbank to further develop its successful strategy and a sustainable improvement of earnings quality.
Deutsche Post has committed to subscribe to the planned rights issue of 54.8 million shares at the subscription price according to its stake of 50 percent plus one share in Postbank. As far as the subscription price does not exceed 18.25 euros, Deutsche Post has also committed to subscribe to all shares that are not taken up by the market at the subscription price. The maximum commitment by Deutsche Post thus would not exceed 1 billion euros, which it would finance out of the Group’s cash flow.
As a result of this measure, Deutsche Post’s stake in Postbank would initially increase to a maximum of 62.52 percent. The September agreement with Deutsche Bank AG, under which it will – upon antitrust and regulatory approvals – acquire a 29.75 percent stake in Postbank from Deutsche Post in the first quarter of 2009, remains in place.

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Deutsche Post World Net provides preview of third quarter 2008

Posted by | Oct 27, 2008 | |

Deutsche Post World Net recorded a decline in EBIT before non-recurring effects of around 8 percent in the third quarter compared with last year’s 468 million euros as the global economic environment deteriorated markedly. Third-quarter reported EBIT rose 26 percent from last year’s 1.68 billion euros, reflecting a 572 million-euro non-recurring effect on EBIT due to a repayment from the German government following a court decision on EU level. In the first nine months, underlying EBIT gained 1.3 percent compared with the year-earlier period.
The Group now expects underlying EBIT for 2008 of around 2.4 billion euros, some 10 percent below last year’s result and 17 percent below the previous guidance. Adjusted for the accounting changes following the agreement to sell a 29.75 percent stake in Deutsche Postbank AG to Deutsche Bank AG, the Group previously had forecast EBIT of around 2.9 billion euros. Including Postbank, the forecast was 4.1 billion euros. For transparency reasons, the Group will be showing EBIT without Postbank going forward. The main shortfall will be seen in the EXPRESS Corporate Division, which is being particularly impacted by deteriorating market conditions in the U.S. The Group also recorded volume shortfalls in other regions, but those could be mitigated through cost-cutting. Other divisions are likely to be slightly below previous guidance.

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TNT N.V. publish 2008 third quarter results

Posted by | Oct 27, 2008 | |

Express
– Operational revenue growth 5.9 pct
– Premium (air) volumes in Europe under increasing pressure in the quarter
– International Economy and Special Services products good revenue growth
– Good performance Emerging Platforms
– Operating income down 21.5 pct at constant fx
– Cost savings programmes aggressively being implemented
Mail
– Continued strong operational revenue growth Emerging Mail & Parcels
– Mail operating profit in line with outlook
Group
– Group in strong financial position, capital requirements substantially refinanced in August
– Net cash from operating activities YTD Q3 up 8.8 pct
Outlook
– Outlook Express revised downward
– Outlook Mail reaffirmed
CEO Peter Bakker comments: “As we had already highlighted in our October 16 trading update the conditions in our European Express business have significantly worsened in September and the first weeks of October. Air volumes in September were down an unprecedented 10 pct, while Road volumes were showing low growth. We expect this pressure on volumes to persist at least in the current quarter.
On the positive side the Mail business has performed in line with our outlook. Also we refinanced our capital requirements in August, ahead of the deepening of the financial crisis in September and October. This, coupled with our robust cash flow, leaves us on a solid financial footing.
In these times management focus on efficient operations is even more essential. Our Master plans in Mail continue successfully, we are aggressively implementing the announced € 125 million cost optimisation programme in Express, we focus on improving air network efficiencies and we target all other cost areas for savings as well. At our analyst meeting on 4 December 2008, we will provide further details in this respect.”

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