Author: Archive

Ministers had talks to sell Consignia to Dutch

Posted by | Apr 1, 2002 | |

Ministers were on Sunday accused of trying to conceal talks to sell Consignia’s core Royal Mail business to TPG, the privatised Dutch postal group.
Insiders close to the discussions said TPG had proposed an all-share takeover of Royal Mail but talks had broken down two weeks ago and were “completely dead”.
The news is in contrast to a statement given on March 21 in which the government denied it had been talking to an overseas bidder.
Lord Sainsbury, in response to a question from Baroness Miller in the House of Lords, said: “I have no indication that any negotiations have ever taken place on that.”

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Rescuing the Russian Mail

Posted by | Apr 1, 2002 | |

Post offices have had to rent out space to food stores and barber shops to make ends meet as fewer and fewer people send letters. But that could all change under a Communications Ministry plan to jump-start the postal service by merging the country’s 93 floundering regional postal departments into a company called Russian Post.

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Forward Hong Kong

Posted by | Apr 1, 2002 | |

Top 10 forwarders for Hong Kong air exports in 2000, based on international Air Transport Association CASS air Waybill sales.
(Sales in US$millions)

1. Exel- UK- $237.4
2. Nippon Express- Japan- $153.1
3. Danzas AEI- Germany- $135.3
4. Hellmann Worldwide- Germany- $118.6
5. Panalpina- Switzerland- $118.4
6. Expeditors int’l- USA- $114.3
7. Kuehne & Nagel- Switzerland- $102.1
8. Emery Worldwide- USA- $100.9
9. Star Transport Hong Kong $86.7
10. U-Freight- Hong Kong $72.7

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Forward Japan

Posted by | Apr 1, 2002 | |

Top 10 forwarders for Japan air exports in 2000, based on international Air transport Association CASS air Waybill sales.
(Sales in US$millions)

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Asian post liberalisation will be different from that in Europe

Posted by | Apr 1, 2002 | |

In the next presentation in the postal session, Perry Chao, senior vice president of UPS’s Asia Pacific region, highlighted the way the internet had ‘forever changed the competitive landscape’ for express operators, for example by enabling customers to research different suppliers and choose between them.

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US Postal Service Must Deliver

Posted by | Mar 31, 2002 | |

The post office delivers 689 million pieces of mail per day, and letter carriers each haul 42 tons per year. Most Americans–98%–continue to pay their bills by mail. Yet those vital services are jeopardized by the Postal Service’s shaky finances. The General Accounting Office has labeled the postal system “at risk,” and Postmaster General John Potter projects a deficit of $2 billion to $3 billion for 2003.

Internal reform as well as congressional legislation is urgently needed. Indeed, even as it prepares to raise rates in June, the post office will submit a blueprint “Transformation Plan” to Congress this week.

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