Author: Archive

Maersk half year result risen 46 per cent

Half-year revenue of Maersk was 46,451 million Danish crowns, which was 22 per cent of the first half result of 2000. Half-year result before gains on sales and special items was DKK 6,648 million, up 46 percent.

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DPWN Delivery Challenged by German Publishers

A group of German companies that publish seven newspapers are planning to set up a company which will compete with Deutsche Post World Net AG’s mail delivery business, WirtschaftsWoche magazine reported, without citing sources, in an extract of its Thursday edition.

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Japan Postal Services set to realise first profit in five years

Job cuts and other cost-trimming measures mean Japan’s troubled postal services should return to profit in 2002 for the first time in five years. Despite a reduction in budgetary funds, advocated by the government as part of a drastic reform programme aimed at resuscitating Japan’s economy, the postal services will see 1 bln yen in profit, an official from the Ministry of Home Affairs, Posts and Telecommunications was quoted by Agence France-Presse as saying. “In the next fiscal year, revenue from postal service operations are expected to be cut 0.6 pct from the current fiscal year to 2,259.7 bln yen,” he said. “But job cuts and other measures have resulted in a 2 pct reduction in spending to 2,258.7 bln yen. Thus profit of 1 bln yen is expected,” he said. It would be the first time since March 1998 that Japan’s postal operations return to black ink, he said. jn

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U.S. Postal Service and LanChile stimulate US and Latin American trade

LanLogistics, a subsidiary of LanChile S.A., and The United States Postal Service announced a new partnership created to enhance trade in the Americas.
Together the two organizations will provide fast, economical and reliable shipping service from countries throughout Latin America, Mexico and the Caribbean to final destinations in the United States.

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La Poste revives war with banks

The French post office, La Poste, has decided to bring in
restrictive measures for its service in the area of the
transportation of valuable items, including money. The banks have
been irritated by what they see as an abrupt and unreasonable
change

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