Author: Archive

Consignia fails to sway watchdog

Posted by | May 13, 2002 | |

Consignia, the loss-making Post Office group, is likely to be dealt a further blow this week when industry regulators meet to finalise plans to open the postal market to competition. Despite pressure from Consignia directors and some MPs to water down their liberalisation proposals, postal services commissioners are expected to press ahead with plans for a three-stage relaxation of the pounds 5bn market.
Consignia, which loses pounds 1.5m a day, has warned that plans outlined by the regulator, Postcomm, three months ago could wipe pounds 250m off its annual operating profits.

Read More

Ministers back call for stamp price rise

Posted by | May 13, 2002 | |

The price of postage stamps looks set to rise by a penny after ministers privately backed Consignia’s requests for an increase.
The company has asked for the increase as soon as possible, on the price of first and second class stamps. Stamp prices in Britain are among the lowest in Europe and Consignia believes the rise would net it Pounds 170m a year.
Stamp prices are frozen until 2003, although PostComm, the regulator, said a rise could happen earlier if “Consignia gives good enough reasons”.

Read More

Sepomex forced to face unfair competition from postal companies

Posted by | May 13, 2002 | |

The unfair competition of around 6,000 postal companies has hit Servicio Postal Mexicano (Sepomex – Mexican Postal Service) very hard as it has lost 40% of corporate clients and lost income of 500 million pesos (US$52.6 million) per year, reported Santiago Ontaón, director of operations.One of Sepomex’s competitors is Servicio Continental de Mensajera (SCM), which has managed to grab clients such as Bancomer, “the second most important client in the Mexican postal system,” said Ontaón. Bancomer alone has 6.5 million account holders.

Read More

Emirates Post offers new speed service

Posted by | May 13, 2002 | |

As a result of its strategic business alliance with DHL, Emirates Post has launched International Express services to its customers for speedy shipping of parcels and goods to 120,000 destinations in over 220 countries.
Initially, the service, which will be on DHL airway bills, will be available at Emirates Post’s outlets in Karama and Jumeirah in Dubai and main offices in Sharjah and Ajman. Phase two will see the introduction of its service to the rest of its offices in the UAE.Customers utilising this service will be entitled to send a free 500 gram document anywhere in the world for every five shipments sent through International Express.

Read More

Lynx/USPS tie-up gets off to a great start

Posted by | May 13, 2002 | |

Lynx Express is sending 1,000 packages a week to US homes and businesses through its new partnership with the US Postal Service (USPS).
Chief executive David Burtenshaw said he believed Lynx could attract 5% of the Europe/US market, which he estimated at £1bn ( t1.6bn), inside two years.
The four to five-day US Priority Package service is claimed to provide a “closed loop” similar to the integrators, but at around 60% of their overnight rates, said Burtenshaw.

Read More

Express-Mail firms get unlikely ally in China

Posted by | May 13, 2002 | |

Officials from China’s foreign trade ministry have emerged as unlikely allies for international express-delivery companies such as DHL Worldwide Express Ltd. and FedEx Corp., which are seeking to bolster their presence in the country. China Post, which is run by the State Postal Bureau, has presented a set of proposals that will govern the operations of foreign and domestic express companies in the country.

Read More

Mailers council calls on White House to create postal reform commission to study postal service

Posted by | May 13, 2002 | |

The Mailers Council, the nation’s largest coalition of mailers and mailing associations, today called on the White House to create a Presidential Commission on Postal Reform to evaluate the United States Postal Service (USPS).
In a letter to President George Bush, Mailers Council Executive Director Bob McLean notes that the USPS has found it increasingly difficult to provide universal service at an affordable price. The USPS reported a loss of $1.7 billion in 2001 and projects a deficit of $1.5 billion this fiscal year.
Annual retirement plan costs will escalate to $14 billion by 2010. The difficulties of the USPS are so severe the General Accounting Office put the agency on its High-Risk List, primarily because GAO believes billions of dollars in taxpayer money are at risk.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest