Author: Archive

Delay in postal delivery – comment on competition by FT

Posted by | Mar 21, 2002 | |

Like far too many letters, competition in postal services will be delivered late. Postcomm has agreed to extend the deadline for introducing greater competition in the post. The regulator’s decision, made at the request of Consignia, which operates the Royal Mail and its staff union, delays the process by only one month. But after almost two years of planning and consultation, no further delays must be conceded in liberalising a market crying out for competition to improve the appalling service provided to mail users.

Read More

FedEx Corp. Reports Higher Third Quarter Earnings

Posted by | Mar 20, 2002 | |

FedEx Corporation (NYSE: FDX) today reported earnings for the quarter ended February 28 of $0.39 per diluted share, up 5% from $0.37 per diluted share in last year’s third quarter.

The consolidated results for FedEx Corporation in the third quarter include:
Revenue of $5.02 billion, up 4% from $4.84 billion the previous year
Operating income of $237 million, up 24% from $191 million a year ago
Net income of $120 million, up 11% from last year’s $108 million

Read More

Hybrid mail

Posted by | Mar 20, 2002 | |

Capturing the desktop hybrid mail market
Extending the hybrid mail service into other channels
Facilitating message exchanges through automated hybrid mail
The role of electronic envelopes and internet printing
Boris Gefwert, Director, Finland Post Corporation

Read More

French La Poste only Greek Post Office bidder; TPG withdraws courier bid

Posted by | Mar 20, 2002 | |

French post office La Poste is the sole remaining bidder for 10 pct of the Greek post office ELTA and 50 pct of its courier unit, after TNT Post Groep NV decided not to bid for the courier stake, said the Greek Ministry of Transport and Communications.
There are plans to float 25 pct of ELTA on the stock exchange shortly.
ELTA had 352.1 mln eur sales in 2001 with profits estimated at 14.6 mln eur, said the ministry.

Read More

TNT Latvia Postal Services doubles turnover in 2001

Posted by | Mar 20, 2002 | |

TNT Latvia express postal deliveries posted a turnover of 672,000 lats (EUR 1.193 mln) last year with profits of 79,000, reported the Latvian branch of the international postal company.
TNT Latvia claimed that the turnover last year was almost double that of 2000, which was 372,000 lats. This year the company forecasts a turnover of 900,000 lats.

Read More

Bill provides framework for privatized Papua New Guinea Postal Service

Posted by | Mar 20, 2002 | |

Prime Minister Sir Mekere Morauta announced yesterday that the National Executive Council [cabinet] had endorsed the Postal Services (Amendment) Bill, which creates a regulatory framework for the profitable operations of Post PNG Ltd.
The proposed legislation makes changes to the functions, appointments and termination of the board, including the managing director, and provides for a comprehensive financial reporting regime.
Weaknesses in financial reporting, coupled with political interference, had been the primary causes of the downfall of Post PNG, the prime minister said.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest