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Postal costs to rise – Australia Post

Posted by | Aug 31, 2008 | |

Despite an AUD 562 million profit last year, Australia Post will put up postal charges from next month.

The cost of posting a standard letter will rise to 55c from September 15, a 10 per cent rise.

But Australia Post argues it is the first for five years and is justified because of rising costs.

The Australian Consumer and Competition Commission has approved several increases including a 10c rise for large letters and greeting cards to AUD 1 and barcoded letters up from 95c to AUD 1.08.

Pensioners are not happy.

“It may be only a small rise, but it’s still 10 per cent after all,” said Charmaine Crowe, policy co-ordinator of the Combined Pensioners and Superannuants Association.

“Older people do use email, but . . . if they cannot afford a home computer then a large number still rely on sending letters.”

She said it strengthened the case for a rise in pension payments.

1 USD = 1.07044 CAD

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Norway Post acquires Pan Nordic Logistics

Posted by | Aug 29, 2008 | |

Norway Post acquires remaining shares of logistics company Pan Nordic Logistics.
The Norwegian postal services operator Posten Norge AS (Norway Post) said on Friday (29 August) that it has agreed to acquire the outstanding 50 pct of the shares of the logistics company Pan Nordic Logistics (PNL) from its partner, Post Denmark.

No financial details were disclosed.

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Losses of Latvia Post in first six months

Posted by | Aug 29, 2008 | |

In the first half of the year, Latvia Post (LP) posted LVL 1.253 million in losses, which is 5.3 times less when compared to the first six months of 2007, when the postal company was LVL 6.681 million in the red, LP’s general director Ivars Krauklis told members of the press.

Krauklis explained that since February of this year, when the company’s new board began work, the company has stabilized its financial situation and has implemented measures in achieving the company’s strategic goals.

In the first six months of the year, compared to the first six months of 2007, the company has increased earnings by 39 percent. For LP to continue to improve its financial situation, LP has developed not only transparent delivery tariffs, but has also simplified it business cooperation with publishers.

1 US Dollar (USD) = 0.47973 Latvian Lats (LVL)

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PhilPost and the USPS secures postal remittance partnership

Posted by | Aug 29, 2008 | |

The Philippine Postal Corporation (PhilPost) and the United States Postal Service (USPS) are working towards the establishment of a fast, secure but low-cost remittance project which will benefit the 4.4 million Filipinos in the United States and their millions of relatives in the Philippines.

Postmaster General Hector R. R. Villanueva said that Filipinos in the US will soon be able to send money anywhere in the Philippines through PhilPost’s more than 2,000 post offices nationwide.

When finalized, the effort will lead to a Bilateral Agreement on International Electronic Money Transfer between the two countries.

The project is in line with the government’s directive to bring down the remittance fees for overseas Filipino workers who remitted USD 15 billion last year to the Philippines. More than half of that remittances or roughly USD 8 billion came from the Filipinos in the US.

Chairman Ray Anthony Roxas Chua III of the Commission of Information and Communications Technology (CITC), the agency which supervises Philpost, and Philippine Ambassador to the US Willy C. Gaa hailed the project.

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Postcomm publishes observations on Royal Mail's letter (UK)

Posted by | Aug 29, 2008 | |

Postcomm published an observations document on Royal Mail’s industry letter, published on 13th August 2008, “Proposed Changes to RMW Access Contracts (Zonal and Access).

Postcomm welcomes Royal Mail’s consultation and hopes that Royal Mail and the wider industry will be able to work together to put in place appropriate terms for both zonally and nationally priced access to the Royal Mail network.

If agreed, these new arrangements could help to secure the provision of a strong and self-financed universal service in parallel with the development and sustainability of both access and end-to-end competition.

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UPS issues new sustainability report (U.S)

Posted by | Aug 29, 2008 | |

UPS released its sixth annual Corporate Sustainability Report with progress reports on the company’s economic, social and environmental performance. The report is posted at sustainability.ups.com.

The report is based on data from 2007, UPS’s 100th anniversary. Highlights include safety goals achieved, fuel conserved through technology and increases in global employee volunteerism and charitable giving. Additionally, the 2007 report includes a new Climate Change Statement and establishes 2011 sustainability goals.

“With these new additions, you will see that our sustainability goals and processes are evolving along with our business as we begin our second century,” said Chairman and CEO Scott Davis.

UPS was the first company in its industry to issue a sustainability report and to publicize its specific goals.

UPS pursues a wide range of socially responsible and sustainable business practices designed to reduce its impact on the environment and improve communities around the world. UPS is included in the Dow Jones and FTSE4Good Sustainability Indexes, which evaluate corporations based on economic, environmental and social criteria.

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Royal Mail quality of service report shows large majority of mail hitting or beating target (UK)

Posted by | Aug 29, 2008 | |

Royal Mail’s quality of service report for the spring quarter of 2008 shows more than 90 pct of all mail hitting or exceeding target.

Mailsort and Presstream bulk mail services beat their targets along with First and Second Class PPI (Postage Paid Impression) mail and Standard parcels. The report showed 91.9 pct of stamped First Class Mail arrived the day after posting – against a target of 93.0 pct – while 98.7 pct of Second Class mail arrived within three working days, ahead of the 98.5 pct target.

The report published covers the first three months of the 2008-09 financial year but the most recent figures covering July show that First Class stamped mail is again beating its 93.0 pct target level.

Ninian Wilson, Royal Mail’s Operations Director, said: “Royal Mail’s postmen and women put a huge effort into getting First Class stamped mail back above target level and the latest results show their hard work has paid off but we will not relax and are determined to keep delivering the best possible service to all our customers.”

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Japan Post to Own 66 Pct of Parcel Delivery JV with Nippon Express

Posted by | Aug 28, 2008 | |

Japan Post Holdings Co. and Nippon Express Co. will own 66 pct and 34 pct, respectively, of their parcel delivery joint firm, the two companies announced.

The current fifty-fifty joint venture, JP Express Co., was set up in Tokyo in June to prepare for the integration of the two companies’ parcel delivery operations on April 1 next year.

The two also agreed to raise the capital of JP Express to 50 billion yen by April from the current 300 million yen.

The new firm will target sales of 280 billion yen in the year starting April and expects to handle some 520 million parcels.

It is targeting a domestic market share of 16 pct, the largest after Yamato Transport Co. and Sagawa Express Co.

It will have a workforce of 11,000, mostly on loan from Japan Post and Nippon Express, and 260,000 service outlets nationwide, including those at convenience stores.

The firm will also launch a new brand to replace Japan Post’s “Yu-Pack” and Nippon Express’ “Pelican” brands.

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