Author: Archive

MBE proposes alternative to post offices

Mail Boxes (MBE), a subsidiary of US delivery company United Parcel Service, aims to create a delivery, office and communications service network in Germany on a franchise basis through German subsidiary MBE Deutschland. It aims to grant franchises to more than 1,000 independent businessmen within 10 years. The US-based company’s outlets offer postal deliveries, fax and photocopying, among other services.

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Brussels wants Deutsche Post to repay 300 mln Euros in state aid

The European Commission in Brussels wants Deutsche Post, the semi-privatised German postal authority, to repay up to 300 million euros (273 million dollars) in state aid, the financial daily Boersen-Zeitung reported on Friday, quoting “well-informed” sources.
EU competition commissioner Mario Monti hopes to have the issue settled before the summer break and is to talk about it with German Finance Minister Hans Eichel at their next meeting scheduled for May 23, the newspaper said.

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Panalpina ponders over IPO

Panalpina, the global forwarding and logistics group, is weighing a public offering of its stock sometime in the next several years.
Gerhard Fischer, the company’s chairman, revealed that possible public offering at the Basel, Switzerland-based company’s annual meeting last week.
Panalpina is owned by the Ernst Gohner Foundation, a Swiss social and cultural organization.
Martin Spohn, a spokesman for Panalpina, said that the public offering would be discussed in June at a shareholder meeting, at which time details such as how many shares to sell would be discussed.

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Nedlloyd report loss of 50 million

The share in the results of the non consolidated participations of P&O Nedlloyd and Martinair together amounted to Euro 50 mln (first quarter 2001: Euro 4 mln).
In the first three months of the year, seasonally the least favorable quarter, P&O Nedlloyd’s operating result decreased by US dollar 99 mln to US dollar 68 mln compared to the same period last year.
Compared to the same quarter in 2001 the average revenue rate per Teu declined by 17%. This decreasing average revenue rate was caused by the overcapacity in the industry that arose in 2001.

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Mail Service reopens defunct boxes

UNIVERSAL MAIL is moving toward placing its own unique stamp on defunct National Mail boxes in Wellington.
Universal Mail has been licensed by failed former postal operator National Mail to use its postboxes for overseas mail.
National Mail’s former managing director Paul Meier, who runs the new company, said between 50 and 60 of National Mail’s 276 blue boxes in Wellington had been reopened.

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German consumers find electricity savings and environmental choice at their Post Office

What can you get at a local post office? For German consumers, 5,000 postal outlets provide a convenient place where they can order their electricity, even choosing between “green” or conventional nuclear and fossil fuel power.
Over 50,000 consumers have signed electricity supply contracts at their postal outlets in the first six months of a program offered by Deutsche Post World Net, operator of Germany’s postal system.
So far, roughly 15,000 consumers – almost one in three signing contracts under the program – are opting for “green” power. Green producers market advantages such as how switching to green power can reduce CO2 emissions annually by two tons per household, or the equivalent of driving a car 6,200 miles.

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Japan's PM gets tough on reform

In a battle shaping as his last stand on reform, Japanese Prime Minister Junichiro Koizumi is facing a bitter battle with his ruling Liberal Democratic Party over proposals to deregulate Japan’s heavily subsidised postal system.
Mr Koizumi wants the legislation, which would open up Japan’s publicly run mail delivery system to private operators, passed in the current six-week Japanese parliamentary session, which opened on Tuesday.
Postal reform is an issue long championed by Mr Koizumi, who recently described it as the centrepiece of his reform package.

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