United Parcel Service has laid off thousands of Teamsters as customers divert shipments to other carriers ahead of a possible strike at the end of the month, a UPS official said Wednesday. “Our customers are very anxious and very concerned,” said Chris Mahoney, senior vice president for global transportation and labor relations. “The closer we get [to the July 31 contract deadline] the more customers are going to divert to non-union carriers.”
Read MoreOn 9 July Postcomm announced a set of rules for deciding when Consignia does not have to make daily deliveries to particular addresses. Consignia has a legal obligation to provide a universal postal service of deliveries six days a week to every home or premises in the UK, subject only to exceptions which were determined by Postcomm under provisions in Consignia’s licence.
Read MoreDeutsche Post, Germany’s postal operator, on Wednesday warned that a decision by regulators to demand lower postal charges would dent profits and risk the loss of 10,000 jobs. RegTP, the German telecommunications and postal regulator, confirmed it would ask Deutsche Post to lower charges for some standard letters and other products to boost competition.
Read MoreThe United States operations of Deutsche Post World Net, including DHL Worldwide Express and Danzas AEI, will not be affected by massive job cuts that may be implemented by the German global mail and logistics group.
Deutsche Post warned Wednesday that it may ax up to 10,000 jobs, or 3% of its workforce, to cope with the anticipated loss of revenue following the German government’s decision to lower postage rates.
Shares of the partly-privatized company tumbled after it said the move will cut 2003 earnings by 300 million euros ($297 million) and lead to total losses of around $1.5 billion by 2007.
International mail services company Deutsche Post Global Mail announced yesterday that it has acquired DHL Worldwide Express’ U.S. WorldMail Service. Deutsche Post Global Mail acquired DHL’s WorldMail service outside the U.S. earlier this year. Financial terms were not disclosed.
Read MoreAhead of the Knesset Economics Committee meeting on the privatization of the Postal Authority today, the academic workers union has asked Communication Minister Reuven Rivlin to ensure the authority is opened to competition in an “organized and responsible” fashion. A union member said that if competition is introduced all at once, the Postal Authority could collapse.
Read MoreA set of bills altering Japan’s mail delivery system cleared the House of Representatives on Tuesday, raising the likelihood the legislation will be put onto the statute book by July 31, when the current Diet session ends. The legislation would also allow private firms to access the huge mail delivery service market, although a set of harsh conditions on the qualifications and duties of would-be entrants set high hurdles.
Read MoreParliament’s lower house on Tuesday approved bills to open Japan’s postal services to competition, one of Prime Minister Junichiro Koizumi’s key economic reforms. The legislation passed Parliament’s more powerful chamber by acclamation, said a lower house spokesman. It now moves on to the upper house for approval, though passage into law is ensured no matter the outcome there.
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