A strike in Norway’s postal service has been averted, after the parties reached a new wage agreement earlier today (14 May).
The new agreement means a 5% increase in postal workers’ salaries. As part of the deal the present pension arrangement will continue.
The threatened strike would have affected around 20,000 employees at the postal service, reports the Norwegian broadcasting service NRK.
TNT Logistics North America, one of the nation’s leading providers of value-added logistics, announced today that it has been awarded a multiyear, multimillion dollar contract to manage BMW Manufacturing Corp.’s inbound supply chain in Greer, S.C. The announcement continues a successful partnership that has existed since 1993 when BMW built its first production facility in the United States.
Read MoreAcquisitive European logistics organizations still have the North American market in their sights despite tough economic conditions and the challenges of finding suitable targets. As economic conditions improve, analysts expect merger and acquisition activity to pick up fast.
The pool of top targets is smaller after the acquisitions of the last two years or so. “Most of the prime U.S. candidates have been taken,” said Dick Armstrong of Stoughton, Wis.-based logistics management consulting firm Armstrong & Associates Inc. For buyers to come into this market “and make a dramatic impact,” they would have to go after companies the size and caliber of Schneider Logistics or Ryder System, he suggested.
Read MoreA regulatory dispute between international express delivery companies and China’s postal monopoly is expected to be resolved Wednesday, the Business Weekly reports, citing an unnamed source at the China International Freight Forwarders Association. Foreign and domestic express delivery companies have been negotiating with China Post over new regulations that require them to stop handling letters and packages weighing less than 500 grams, and register with the government body to continue their other businesses. Those rules are widely seen as an attempt to shield China Post’s own express delivery business, EMS, from competition by the likes of FedEx Corp. (FDX), United Parcel Service Inc. (UPS), DHL Corp. (X.DHL) and TPG N.V. (TP), which now operate in China through local partners.
Read MoreTHE Post Office is one of the country’s best-loved, best-known and trusted organisations. That is why so many people were stunned when it decided to change its name to Consignia. It’s a trust earned by decades of delivering letters to every address in the land, by post offices being the focal point of our communities and by the efforts of dedicated postmen and women. It’s no exaggeration to say that the Post Office is one of the strands which helps bind our country together.
Read MoreSingapore Telecom may soon float its postal arm Singapore Post – in what could be the biggest local public float in recent times after port operator PSA Corporation and Singapore Power decided to delay their listings.
SingTel will conduct a beauty parade tomorrow for advisers on strategic options and the planned divestiture and listing of SingPost, which according to one investment banker is one of the world’s most profitable postal services.
RURAL postmen could sell stamps and collect mail from doorsteps under radical plans being drawn up by the Government.
Trade Secretary Patricia Hewitt wants to offer extra services in isolated parts of Britain in a bid to breathe life into the ailing Post Office.
Other plans include opening post offices in village pubs and mobile offices travelling to small villages every week.
Ministers are also considering whether postmen could collect and deliver cash to homes.
Amicus, the union for 15,000 managers and professionals in Consignia, is today (Monday) publishing a survey, which reveals an institutional culture of bullying and harassment within the post office.
80% of staff say they had experienced bullying in the past year, 33% had experienced uninvited sexual teasing, and verbal abuse and 60% had witnessed another colleague being bullied within the past year.
Respondents reported an average 51 days sick leave taken by those suffering bullying and harassment, the union calculates that the full cost to Consignia could be as high as #15m per year. This does not include compensation payments to victims.
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