Plans to make all drivers at Consignia subsidiary Parcelforce buy their vans and sign personal contracts with the company are set to stretch already tense relations with postal unions at a crucial meeting this week.
Read MoreUganda Post Limited, has introduced a new mail courier service that will be faster, safer and cheaper. ‘Swiftpost’ is expected to to be up and running next week.
Read MoreAllan Leighton, interim chairman of Consignia, is preparing for a head-on battle with Postcomm, the newly formed Post Office regulator. Leighton is writing a strongly worded attack to Graham Corbett, Postcomm chairman, stating that proposals to open up the network to competitors are unworkable and could cause Consignia’s financial collapse.
Read MoreConsignia chairman Allan Leighton resumed his attack on Post Office workers this weekend, insisting that they were not entitled to more pay. ‘The truth is that no one should have a penny pay rise,’ he said. ‘I am not afraid to say it. There should be a pay freeze. We are losing more than £1 million a day and people are asking for a five per cent pay rise. It is my job to be honest and talk straight. I have told staff to forget about a five per cent increase.’
Read MoreFine Gael, the Irish political party, say that they are going to table a motion in the Dail next week that will attempt to overhaul the Irish postal service. The party wants to see Irish post offices turned into multi-service outlets that would include the introduction of current account facilities, transforming the traditional post office into a one-stop shop for a range of financial services.
Read MoreDeutsche Post AG has rejected a tabloid newspaper report that the company could face an extra EUR1 billion or more in taxes as a result of a sales tax. exemption it was granted.
Read MoreVital rail freight traffic in the Highlands is set to increase substantially at the end of this month, when freight operator EWS introduces a new overnight express parcel service from Walsall, in the Midlands, to Inverness. The private freight company’s initiative follows a similar experimental “supply and demand” service introduced last summer, which ended in December, when the needs of its original customers changed. EWS spokesman Graham Meiklejohn said Securicor was its main customer for the new service, but the freight company planned to expand, and was actively seeking other business.
Read MoreDutch postal, logistics and express operator TPG has bucked the present economic woes and turned in a net income of E 585m ($506m) for last year, representing a 23.7% increase on the previous year. However, the group warned that the economic climate in 2002 would be ‘challenging’ and would only provide low growth in the near future. TPG expected net income to grow from continuing operations by between 5% and 10%, which assumed an unchanged business climate. Turnover for 2001 was up nearly 13% at E 11.2bn and the company warmed the hearts of shareholders, with earnings per share climbing just over 24% to E 1.23. The company said it intended to pay a 2001 final dividend of E 0.38 per ordinary share, which represented a payout ratio of 30.9% in line with its policy.
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