Author: Archive

End to Saturday Mail seems less than likely

The idea of the cash-strapped U.S. Postal Service stopping mail delivery on Saturdays is being recycled. Reaction from a random sample of businesspeople ranged from “It’ll never happen” to “It wouldn’t affect us much.”
Bob Brinkman, spokesman for the Newspaper Association of America, said he didn’t expect the delivery schedule to change.
“There isn’t a chance in a thousand that they could stop Saturday delivery,” Brinkman said. “That’s because they have so much volume in the system that if they didn’t clean out their facilities six days a week, their facilities would grind to a halt, and there would be massive gridlock.

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Consignia warns on speed of opening market

The postal market could be open fully in just half the time intended by regulators because of a loophole in plans gradually to end Consignia’s protected monopoly, the company will claim next week.

The warning is expected to escalate a row between the Royal Mail group and Postcomm, the government regulator, over its proposals for introducing competition.

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Royal Mail introduces new direct mail scheme

Royal Mail has introduced a new direct mail scheme, which has yet to be named. It is designed to make running a mailing as easy as booking a TV, radio or poster campaign. Through a dedicated booking centre, agencies, client companies and mailing houses will now be able to receive an upfront, all-inclusive price for each campaign – and no doubt many would say, “about time too”.

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La Poste seeks partner to expand financial unit

La Poste, the French post office, is seeking a partnership with a bank to help it expand its financial services arm, one of its fastest growing businesses.
Martin Vial, chairman, said La Poste was searching for “powerful allies” that could add expertise and allow it to offer more financial products.

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US Postal Service Vows to Save Universal Mail Delivery

The Postal Service has delivered its Transformation Plan to Congress. This comprehensive Plan was developed to address both the near-term and long-term efforts that will result in a continued ability to fulfill the mission of the Postal Service – to deliver business and personal mail affordably to everyone, everywhere.

Postal Service leadership commits to leading the near-term effort of managing the immediate challenges facing the Postal Service. Successful long-term transformation that safeguards universal service in the future is contingent upon the commitment of all stakeholders to work together toward a common vision. It is hoped that this Transformation Plan will spur public policy debate on the most appropriate long-term structure necessary to ensure an efficient, reliable and innovative delivery service sector that meets the future, diverse, economic needs of the nation.

Full plan available at http://www.usps.com/strategicdirection/transform.htm

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Stock market watchdog to probe leaks in Deutsche Post fraud case

The German stock market regulator, BAWe, will investigate press leaks of details of a confidential official report revealing tax fraud by Deutsche Post, the Financial Times Deutschland reported Friday.

Shares in the partly privatised postal company plunged after the publication early this year of the leaked excerpts.

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UPS profits soar on direct cargo flights

UNITED Parcel Service (UPS), the United States cargo and airfreight giant, is eyeing additional traffic rights for direct cargo flights between China and the US after revenues topped US$200 million (HK$1.56 billion), double its forecasts, in the first year of operations.
UPS president Ronald Wallace said that when the six direct China-US services were launched on April 3, 2001, “we projected to break even in a year”.
But he added: “We broke even in seven months, exceeding volume and profit projections. From forecasts of US$100 million in revenue we have gone to well over US$200 million revenue in a year.

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IForce finalises major asset-sharing agreement with Consignia

iForce(tm), a European leader in digital fulfilment solutions for the direct-to-consumer (DTC) market, has secured investment worth up to GBP5m led by Lynx New Media Ventures, a Bear Stearns and Virgin enterprise, with participation from investors including Firebird Capital, a specialist logistics investor.
iForce(tm) also announces today that it has finalised a major asset-sharing agreement with Consignia which will increase iForce(tm)’s warehouse capacity in the UK and broaden the distribution of its proprietary warehousing and logistics software solution, SMaRT*.

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