Consignia said the redundancy package it is offering the thousands of employees it will lay off over the next three years is “fair” although it has yet to get an official reply from the postal union.
“We’re committed to consulting with the union on the way we handle surplus staff. We’ve put forward a fair package and we look forward to the union’s response,” a Consignia spokeswoman said.
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Read MoreTNT Network Logistics has won a three year contract from HarperCollins for which it has designed an internet-based system to increase control and visibility in the book supply chain.
David Bermingham, managing director of TNT Network Logistics, said: “The internet-based system is an extension of HarperCollins’ current internal IT system. Right now we can handle all of the electronic visibility with the outbound operation. In terms of the inbound operation, we collect from the printer, consolidate and deliver into HarperCollins’ warehouse
Read MoreDespite a falloff in its core air express business, FedEx reported on Mar. 20 that earnings for the quarter ended February soared to $120 million, an 11% increase over a year earlier. While domestic air express revenues dropped 5%, the Memphis shipper saw its quarterly ground shipments jump 21% over 2001.
Read MoreUPS opened its intra-Asia air hub in the Philippines, a
central sorting point within four hours from major Asian
cities.
The intra-Asia hub opens one year after UPS began direct
flight service between the United States and China. That
service has exceeded the company’s expectations for revenue,
volume and profitability, UPS stated.
Located at the former Clark United States Air Force Base near
the Diosdado Macapagal International Airport, UPS can use a
23,000-square-foot hub.
Recent studies by the Association of Southeast Asian Nations
project a 7-to-18 percent increase in air cargo traffic in
Southeast Asia over the next 20 years.
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