Salvesen wins contract with Ben & Jerrys
Christian salvesen has scooped a pan-European contract with luxury ice-cream manufacturer Ben & Jerrys.
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Postal Service better off than expected after $1.2 billion loss this year
Thanks to an aggressive campaign of cost-cutting, including a major cut in staff, the Postal Service is finishing the fiscal year in better financial condition than anticipated.
Postmaster General John E. Potter said Friday the agency expects to finish the fiscal year this month with a $1.2 billion loss.
The post office had expected to lose $1.35 billion for the year, and at times after the terrorist attacks and anthrax-by-mail contamination, loss estimates threatened to reach several billion dollars.
In addition to the improvement this year, continued cost-cutting and the rate increase that took effect this summer are expected to push the post office into the black in 2003 with a profit of $600 million, he said.
Potter repeated his promise that postal rates won’t go up again until at least 2004.
Leighton faces fine for posting late accounts
Allan Leighton, the chairman of the Royal Mail appointed by the UK Government who called the postal service a “chronic failure’, faces the embarrassment of being fined for his own slowness in delivering company accounts on time.
Officials at Companies House confirmed that Leighton has been late in filing his first set of accounts for Going Plural Ltd, the private company that collects his multimillion pound earnings from his clutch of company directorships. This is a breach of the Companies Act.
The Department of Trade and Industry also confirmed that Leighton is late in filing.
Exel opens dedicated distribution center for Geneva Pharmaceuticals
Exel, the global provider in supply chain management, has opened a dedicated distribution center for Geneva Pharmaceuticals, one of the country’s largest generic pharmaceutical development and manufacturing companies. The new operation improves customer service by enabling product from Geneva’s pharmaceutical distributor network to be delivered within 48 hours.
Read MoreSpanish direct mail market statistics
The Spanish direct mail market is one hundred per cent liberalised. Equally, city centres have also been liberalised since the sixties. This has meant that the national post office has lost probably 70% of the local market and 90% of the market within the regional province. Ninety per cent is technically illegal but impossible to control. It is clear on a national basis that it has lost 10% to these local licensed operators.
Read MoreFedEx unit wins up to 327.6 mln USD contract from US Air Force
Fedex Corp unit Federal Express Charter Programs Teaming Arrangement is being awarded a 327.6 mln usd indefinite delivery and indefinite quantity contract to provide for international airlift services, according to a statement released on the Department of Defense website.
The Air Force can issue delivery orders totaling up to the maximum amount indicated above although actual requirements may necessitate less than that.
Solicitation began in March 2002 and negotiations completed July 2002.
DHL Airways responds to unfounded claims by competitors
DHL Airways, Inc. today filed its response with the Department of Transportation to the unfounded claims made by UPS and Federal Express concerning DHL Airways’s U.S. citizenship status.
“DHL Airways continues to satisfy unequivocally the statutory citizenship requirements applicable to U.S. airlines and we find the allegations made by our much larger competitors to be wholly without merit,” commented Steven Rossum, DHL Airways’s Senior Vice President and General Counsel.
Under federal law, a domestic airline must have at least 75 percent of its voting interest owned or controlled by U.S. citizens and at least two-thirds of such carrier’s board of directors and other managing officers must be U.S. citizens. The DOT has previously confirmed that DHL Airways satisfies each of these and other applicable requirements.
In 2001, DHL Airways completed a significant corporate and management restructuring, the purpose of which was to strengthen the carrier as a competitor and refocus the DHL brand in the U.S. Key elements of that restructuring included an increase in U.S. ownership of DHL Airways, the sale of the carrier’s ground operations to DHL Worldwide Express and the hiring of a new management team with extensive airline experience in the U.S. marketplace.
Chinese Postal Companies Want Technology
China Daily has reported that “at a time when the Internet is biting into postal operators’ profits, Chinese postal companies are jumping on the technology bandwagon. They hope that web services can breathe new life into the traditional postal service, providing a fresh source of revenue. Providers of web solutions have been licking their lips at the prospect of creating a web system for the mail service.”
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