Parcels company Lynx Express and New Wave Logistics have formalised their partnership following a successful tie-up in providing distribution to video and computer game rental firm Blockbuster. Under the new agreement New Wave can effectively outsource all its parcels requirements to Lynx.
Read MorePostcomm today began consultation on the proposed issue of a short-term
licence to Special Delivery Services (SDS). SDS currently handles the delivery of 40,000 credit cards and store cards a day for 26 major financial institutions.
Deutsche Post AG, the German postal service operator, begins pay talks with its 240,000-strong staff today. The services sector union Ver.di is demanding a 6.5 per cent pay rise for a 12-month period.
The union DPV, which represents communication workers with the status of official (Beamte), proposes a pay rise representing half of the increase rate for cash flow, but does not demand a rise of more than 10 per cent.
Read MoreCorreos y Telegrafos, the Spanish post office, registered a ten-fold increase in its net operating profit in 2001, to 25.9m euros, despite the slowdown in the growth of postal activity. This was announced yesterday by Alberto Nunez-Feijoo, chairman.
Read MorePrime Minister Junichiro Koizumi on Thursday called on his Liberal Democratic Party’s (LDP) partners in the tripartite ruling bloc to cooperate on quickly enacting four postal services deregulation bills.
In a meeting with the party leaders and secretaries general at his official residence, Koizumi urged them to discuss the legislation altogether despite the fact the LDP is split over some deregulation measures, LDP Secretary General Taku Yamasaki told reporters.
THE Post Office’s twice-a-day delivery should be reduced to one to help offset an operating loss of HK$103 million last fiscal year, the government’s Audit Report has suggested.
Director of Audit Dominic Chan said yesterday the move would save HK$38.2 million by redeploying 133 postmen.
The report also called on the office to review overtime allowances as it found overtime payouts would amount to HK$21.3 million at 2001-02 prices.
Plans to create universal banking services for social security claimants in post offices have suffered a set-back after the resignation of the executive in charge of the operation. Basil Larkins, executive director at Consignia, the renamed Post Office, resigned for personal reasons.
Read MorePostal workers are to bring mail services to a halt on May 8 in the first national postal strike for six years, the Communication Workers Union said yesterday.
The union, which is locked in a dispute with Consignia over pay and delivery standards, said it was calling the action after negotiations had failed. The 24-hour strike could be the first in a series of one-day stoppages.
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