Author: Archive

Blocking tackle: Against privatisation of the Japanese Post Office

Posted by | Jul 4, 2001 | |

The postal ministry of Japan has come out with drastic measures as a counterproposal to Prime Minister Junichiro Koizumi’s plans to privatise postal services. Reports from The Asahi Shimbun newspaper say it has obtained documents showing the Ministry of Public Management, Home Affairs, Posts and Telecommunications is attempting to substantially improve the inefficient nature of postal services -mail delivery, postal savings and postal insurance -although it falls short of accepting privatisation.
The services are expected to be converted into a public corporation in April 2003. However, the details of how this will be done remain under wraps.

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UPS Logistics Group To Acquire Germany-Based UNI-DATA AG

Posted by | Jul 3, 2001 | |

UPS Logistics is to acquire German UNI-DATA AG, a logistics provider to the high-tech industry in Europe. UNI-DATA offers supply chain management solutions focusing on service parts logistics services such as installation and repair, spare parts and warranty management, urgent delivery services and reverse logistics.

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UPS Logistics Group acquires German logistics provider

Posted by | Jul 3, 2001 | |

UPS Logistics Group has agreed to acquire a 75% stake in Uni-Data AG, a leading logistics provider for the high-tech industry in Europe. Terms of the cash transaction were not disclosed. UPS anticipates the acquisition will be profitable but that it will have a negligible impact on earnings.

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China Post is struggling to become profitable

Posted by | Jul 3, 2001 | |

The State Postal Bureau (China Post) is struggling to become profitable as it adapts to the market economy. Once the most profitable government arm, the bureau has suffered huge losses in recent years as people increasingly turn to the telephone and e-mail for communication instead of writing letters.

Starting next year, the bureau will have to survive without any government subsidies or assistance from associated companies in the telecoms sector. The bureau aims to become profitable over the coming year. The EMS (express mail service) business is the major revenue source of China Post, but is under severe competition from international and domestic delivery companies.

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China Postal monopoly under siege

Posted by | Jul 3, 2001 | |

Most people are not in favour of the State Postal Bureau’s monopoly of the nation’s postal system, according to a survey report issued by the Economic Monitory Centre with the National Bureau of Statistics last week. The survey also found that most people (64.3 per cent) were satisfied with the Express Mail Service (EMS) offered by the bureau.

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Montreal Bank Will Host Mail Boxes Etc.

Posted by | Jul 3, 2001 | |

Bank of Montreal’s Queensway and Kipling branch will share its site with Mail Boxes Etc. The bank and Mail Boxes Etc., a franchisor of retail business communication and postal service centres, have struck an agreement to test a shared-site concept at the Toronto-area branch

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