The Australian Competition and Consumer Commission will hold a series of public forums across Australia this month to discuss a proposal by Australia Post to increase the cost of various postal services, including the price of the basic postage stamp. Australia Post informed the ACCC in April of its intention to increase the price of the basic postage stamp from 45 cents to 50c from January 2003.
Read MoreParcels firm Apex has gone into administration, leaving 75 shocked franchisees struggling to claim back the money owed to them by the Midlands company.
Administrators from accountants Deloitte & Touche were called in on 29 May, ending weeks of speculation following the collapse of the firm’s tie-up with now defunct Scottish carrier Blue Band Express.
TNT Express Worldwide (Philippines) Inc. said yesterday it posted a 12-percent growth in revenues in the first quarter of the year despite a 30-percent decline in its biggest market, the electronics sector.
Read MoreExpress carrier and package delivery company, United Parcel Service (UPS), has launched full-fledged operations in Bangalore. The company will now operate own branded vehicles and use dedicated sales force and deploy UPS management systems and technology to provide quality service.
Read MoreDeutsche Post AGM 2002: Good News for Shareholders
Dividend up 37%
Group’s high earning power and great financial strength
Excellent evaluations by international rating agencies
ACS, a premier provider of business process and information technology outsourcing solutions, today announced an expansion of its full-function, multi-process business process outsourcing (BPO) capabilities for imaging and mailroom functions. ACS i-mail(SM) is an expanded offering of ACS’ world-class technology that will leverage process engineering skills and innovation for government and commercial clients worldwide.
Read MoreGreece’s Post Office (ELTA), currently being sold under the state’s privatisation programme, reported group pretax profit of 16.4 million euros in fiscal year 2001, up from 12.6 million in 2000. The results are not directly comparable with the previous year due to the first time consolidation of ELTA subsidiaries, including its courier service. Turnover reached 389 million euros from 353 million a year earlier, according to statements published in the Greek press on Thursday. Profit after tax and minorities amounted to 16.05 million euros. Greece owns 100 percent of ELTA. France’s La Poste has offered a total of 26 to 28 million euros for a 10 percent stake in ELTA, including a 50 percent stake in ELTA’s courier service. It was the only company to submit a binding offer for ELTA, part of the government’s privatisation programme.
Read MoreThe chairman of Deutsche Post, Klaus Zumwinkel, said on Thursday that he expected a quick solution in the postal service’s labor dispute, although he described the union’s demand for a 6.5 percent pay increase as excessive. Still, negotiations had been making progress, and the warning strikes which have been held in several German cities since the start of the week were unnecessary, he added.
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