Author: Archive

FedEx launches Express Your Vote initiative for the upcoming 2008 Presidential election (U.S)

Posted by | Jul 9, 2008 | |

FedEx Express announced its support of Express Your Vote, an initiative of the Overseas Vote Foundation (OVF), a nonprofit, nonpartisan organization dedicated to ensuring an estimated six million overseas Americans have the ability to effectively participate in the federal electoral process.

With FedEx supporting this initiative, Americans abroad in 89 countries will be able to access express delivery of their absentee ballots between September 15 – October 29 of the 2008 election year.

The innovative Express Your Vote program will provide American voters abroad the convenience of online shipping, track and trace capabilities, and proactive proof of delivery through the Overseas Vote Foundation Web site, which has been developed with the latest advanced automation solutions from FedEx.

Statistics from the U.S. Election Assistance Commission’s 2006 Uniformed and Overseas Citizens Absentee Voting Act Report” indicated that the third most common reason for ballots being rejected and not counted was because the ballots were returned to local election offices after the deadline.

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Business Post Group plc – AGM / interim management statement

Posted by | Jul 9, 2008 | |

AGM of Business Post Group plc, Chairman Peter Kane will announce the following statement to shareholders covering the period 1 April 2008 to 30 June 2008.
“Group revenues for the period increased by some 16 pct on the equivalent period last year.

Parcel revenues showed satisfactory improvement on last year. In particular, we continue to see good growth in our B2B parcels business which represents in excess of 80 pct of parcels revenues.

Our Mail business, UK Mail, continues to achieve strong growth, driven by new business wins together with further mail volumes from existing customers.
Revenues in Specialist Services for the period were up significantly on last year. In particular our Courier business has benefited from the contract with Orange which commenced in the period.

We have made a good start to the financial year with continued revenue growth and with trading performance in line with management expectations.”

Business Post Group plc announces that Dennis Clark, Non-Executive Director and Senior Independent Director, retires from the Board following today’s AGM.
Philip Stephens has now taken up the role of Senior Independent Director.
The Board is well advanced with the process of appointing a successor to Dennis and expects to make an announcement on this matter in due course.

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Business Post: Statement from AGM

Posted by | Jul 9, 2008 | |

At today’s AGM of Business Post Group plc, Chairman Peter Kane will announce the following
statement to shareholders covering the period 1 April 2008 to 30 June 2008.
“Group revenues for the period increased by some 16% on the equivalent period last year.
Parcel revenues showed satisfactory improvement on last year. In particular, we continue to see
good growth in our B2B parcels business which represents in excess of 80% of parcels revenues.
Our Mail business, UK Mail, continues to achieve strong growth, driven by new business wins
together with further mail volumes from existing customers.
Revenues in Specialist Services for the period were up significantly on last year. In particular our
Courier business has benefited from the contract with Orange which commenced in the period.
We have made a good start to the financial year with continued revenue growth and with trading
performance in line with management expectations.

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One letter in four comes via Royal Mail rival (UK)

Posted by | Jul 8, 2008 | |

Rivals to Royal Mail now handle one in every four letters and are poised to increase volumes further, The Times has learnt.
It is understood that Royal Mail now carries out the full process of collection, sorting and deliver of three out of every four letters posted, as against four out of five last year. This follows an exodus of blue-chip bulk mailing customers to rival operators such as TNT and Business Post.
More customers may have been pushed to quit Royal Mail after last year’s industrial action despite competitors still having to use Royal Mail’s infrastructure and postal staff for the “final mile” delivery.
Royal Mail’s business could shrink further if rivals continue to grow. TNT, one of its two main competitors, expects to handle 2.4billion items of mail this year. Business Post, which does not make specific forecasts, said it expected to exceed that amount. Last year TNT handled 1.8billion items out of a total annual postbag of 20billion and Business Post
TNT’s prediction of a 33 per cent increase in mail volumes comes as the company is building up local business as well as targeting large national customers such as utilities and banks. Nick Wells, Managing Director of TNT’s UK mail business, said the business was putting resources into five regional centres.
Royal Mail is paid by rivals for the “last mile” delivery. It claims it is paid too little although its competitors say that its prices are too high.
The loss of business to rivals comes as a review commissioned by the Government looks into the future of the state-owned group. There are growing worries from Royal Mail, Postcomm, the industry regulator, and the main postal union, that Royal Mail is facing dire financial problems.
The Hooper review into Royal Mail is scheduled to set out recommendations to the Government. The regulator has said that Royal Mail needs an injection of private equity. But even if stakeholders backed such a move, it is not clear what interest there would be from private equity because of Royal Mail’s huge pension deficit. It currently stands at GBP 3.4billion but could double after an actuarial review.

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Eesti Post must give up plan to purchase Express Post

Posted by | Jul 8, 2008 | |

Eesti Päevaleht writes that according to a stock exchange statemetn made by Ekspress Grupp, the negotiations were cancelled without coming to an agreement since neither party agreed on the terms of the agreement.

In March Eesti Post offered Ekspress Grupp to sell its half-stake in Express Post. Ekspress Grupp decided to involve in the negotiations the other half-owner Eesti Meedia that publishes, among others, Postimees.

Revenues of Express Post were EEK 72 million (USD 7.22 million) last year.

In February the Estonian Competition Authority said it will not investigate claims that Eesti Post held illegal negotiations with a private postal company Express Post.

An executive of Eesti Post and Hans H. Luik, half owner of Express Post, had reportedly discussed how to divide the market of mailing services in the country between them. Holding such negotiations on market division is illegal.

Both Ahti Kallaste, board member of Estonian Post, and Luik admitted that they have been discussing ways of dividing the market.

However, Luik later told Äripäev that nothing specific was discussed.

Express Post mainly distributes perodicals such as newspapers and provides courier services. Half of the company belongs to Eesti Meedia and half is owned by Ekspress Grupp that is listed on the Tallinn Stock Exchange.

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Swiss Post acquires Global Business Services Plus

Posted by | Jul 8, 2008 | |

Swiss Post has acquired Global Business Services Plus, which specializes in digital document management and has offices in France, Germany and Slovakia. Swiss Post is thus enhancing its offering in the field of in-house mail. In addition to internal physical mail services, customers are increasingly coming to expect that documents can be entered electronically, processed and digitally archived.

By acquiring Global Business Services Plus (GBS+), based in Paris, Swiss Post is reinforcing and completing its offering in the field of document solutions in Germany and France. It is thus an attractive partner for international companies which also look for an offering of this type from a single source. Corporate clients are increasingly seeking to not only outsource their in-house postal services. They also want to have a partner handle the digitization of documents, the integration of these digitized documents into their in-house electronic processes and the electronic archiving of these documents. One important customer segment for the newly acquired company GBS+ in France is banks, for which the company will handle cheque processing. Up to now, Swiss Post has been represented in this market with large units in the UK, the USA and Switzerland. The newly acquired company generated just under CHF 60 million (USD 58 million) in sales last year with a workforce of 1,000 and operates in the rapidly growing business process outsourcing market. In addition to France and Germany, GBS+ relies on its production facility in Bratislava (Slovakia).

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USPS postal clerks and mail handlers may get early retirement

Posted by | Jul 8, 2008 | |

The U.S. Postal Service is preparing to offer voluntary early retirements to up to 20,000 clerks and mail handlers as part of a nationwide reorganization of its delivery network.
But in a statement issued to Federal Times July 8, the Postal Service said it will not offer buyouts to anyone taking early retirement. The Postal Service said further details on the early retirement offer will be released later this week.

The Postal Service released a reorganization plan in June that calls for closing airport mail facilities and consolidating bulk mail centers, along with streamlining the computer software that maps postal routes. The closings are expected to lead to staff reductions and more outsourcing.

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The Postal Regulatory Commission holds hearing on universal service (U.S)

Posted by | Jul 8, 2008 | |

The Postal Regulatory Commission is holding a public hearing on the universal postal service obligation on July 10 from 10am-12pm at its hearing room in Washington, DC.

Testimony from this hearing in addition to other pubic feedback will be used in developing a formal report due to Congress by December 19, on “universal postal service and the postal monopoly in the United States, including the monopoly on mail delivery and access to mailboxes.” The report is a requirement of the Postal Accountability and Enhancement Act of 2006.

According to the PRC, the report will focus on geographic scope, product offerings, access to facilities and services, frequency of delivery, rates and affordability, and quality of services.

The commission has already held field hearings on this topic in Flagstaff, AZ; St. Paul, MN; and Portsmouth, NH.

So far, a number of comments have been submitted to the PRC on the universal service obligation. They can be accessed from the commission’s Web site at prc.gov.

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