Author: Archive

Post office seeking to increase its market share in the financial services sector

Posted by | May 25, 2007 | |

A collaborative venture with a United States-based cash transfer entity and a new local money transfer service are just two of the initiatives that the Guyana Post Office Corporation (GPOC) has taken in recent years in an effort to “re-invent” itself, broaden the base of its revenue and enhance its competitiveness in the financial services sector.

Deputy Post Master General Mayglen Adams is acutely aware of the antiquated image of the local postal service and makes no secret of her support for the changes that are taking place.

Two months ago the Corporation joined two local commercial banks in introducing an “outbound” money transfer service. The service, which is being run in collaboration with Post Cash, a United States-based service allows users to deposit up to USD 2,500 on their Post Cash cards and to have those amounts available to them for business transactions overseas. The facility is valid for both direct cash purchases abroad as well as on-line shopping.

“The advantage of the new “outbound” Post Cash Service compared with similar services currently being offered is that card holders are not required to spend all their cash at the same time. Balances can be held on the card,” Ms. Adams told Stabroek Business.

The new outbound Post Cash Service comes just over a year after the GPOC introduced its inbound money transfer service but several months after the introduction of similar services by Republic Bank and the Guyana Bank for Trade and Industry. And according to the Deputy Post Master General the fact that both services were not introduced simultaneously may have allowed the Corporation’s “competitors” to get ahead of the GPOC in implementing outbound services. She feels that both services ought to have been implemented simultaneously.

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Working Conditions in the German Letters Market

Posted by | May 24, 2007 | |

“Working Conditions in the Geman Letters Market” has been published by WIK Consulting. WIK has presented the study results to the advisory council of Bundesnetzagentur, the German regulator, in Berlin . The study is available for download on the homepage of Bundesnetzagentur ([Study – German]. The study is in German language and includes an English summary.
Summary (English)

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TNT delivers hope for children in Africa

Posted by | May 24, 2007 | |

Employees at TNT have delivered a cash boost to feed and educate 1200 malnourished children in Tanzania for a year.

Entitled ‘Fight Hunger Week,’ the initiative saw thousands of TNT employees in the UK hold a fun-packed range of activities to raise more than GBP 30,000 for the United Nations’ World Food Programme (WFP).

The money raised by TNT will be channelled into the WFP’s School Feeding Programme whereby children in developing countries are encouraged to attend school and receive a free nourishing meal. All the donations from TNT Express Services in the UK & Ireland will go to provide much-needed nutrition and education for youngsters in Tanzania.

Stuart Stobie, Divisional Managing Director, TNT Express Services UK said: “It costs just 7p per day to feed and educate a child in Tanzania or GBP 25 a year. The initiative is part of an ongoing partnership that has already seen TNT in the UK generate more than GBP 260,000 to support the excellent work undertaken by the WFP.”

More than 50 TNT Express Services depots and offices combined their efforts as part of the specially designated week with a bewildering array of fund-raising activities from fancy dress days, chest waxings, depot beauty salons, health checks, running and rowing challenges, cake baking, noodle-eating, managers in stocks, auctions, raffles and car valeting, to name but a few.

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Post boxes for villas underway

Posted by | May 24, 2007 | |

Q-POST has initiated the steps for its much-awaited scheme of post boxes in villa compounds and flat complexes, inquiries found.

An official of the post boxes department said yesterday that in response to the advertisement carried by Q-Post some time ago, owners of some villa compounds had responded to express their willingness to avail of the scheme.

Mohamed Hamad Rashdan, head of subscribers’ boxes of Q-Post, said that the department was still receiving a number of requests from potential customers.

Under the scheme, in the first year a customer has to pay QR700 for installation of a post box at his residence. The amount included the installation charges of QR200 of the box.

However, from the second year, the customer needs to pay QR500, said Rashdan.

As part of the arrangement, customers would also be provided a common post box in a villa compound or a flat complex for the outward delivery of postal articles.

The Q-Post official said that those staying in apartments could also have boxes installed outside their flat. For them also the tariffs would be the same.

Asked if the facility would be extended to other areas, the official said the new scheme would be introduced all over Qatar.

The official said the corporation had the manpower and vehicles to make delivery of postal articles anywhere in the country.

The official said the new arrangement will soon come into being in some compounds in Doha.

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North Star Network launched

Posted by | May 24, 2007 | |

North Star Network aims to establish a database of’couriers’ from sales reps to students to deliver items all over the country at a rate of 56p per mile.

Founder David Gillooley said a typical example would mean someone travelling by train to London from Liverpool could earn pounds 107 from a journey that was being made anyway.

The 44-year-old from Aigburth who gave up a career as an architectural designer to set up his www.northstar-network.co.uk website in the city’s Rumford Court said his venture provides the opportunity for people to earn extra cash while doing almost nothing.

“We have a growing network of people from all walks of life. It’s free to join and we charge 50% less for same day deliveries – a massive saving.”

Would be ‘couriers’ register their details for free and can be asked to deliver items, mainly hand held goods, on behalf of North Star’s clients who need fast, guaranteed deliveries.

Goods can be handed over at a prearranged location, from a supermarket store lobby or coffee shop, even a service station.

He said his inspiration for setting up the website came from America where, for many years, students or travellers looking for cheap ways to move across the US solved the problem by driving vehicles to specific locations for owners who were moving there.

The business was formed towards the end of 2006 and Mr Gilloolley said it is growing in popularity: “We are getting loads of registrations. We’re up to 250 at the moment from as far north as Aberdeen to Plymouth on the south coast.

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The UK Market for Courier Services Will Increase by 27% Between 2007 and 2011

Posted by | May 24, 2007 | |

Research and Markets (http://www.researchandmarkets.com/reports/c57786) has announced the addition of Courier Services: UK to their offering.

In this new report, we analyse the UK market for courier services for a five year review period (2002-2006) and a five year forecast period up until 2011. The market is segmented into core sameday services, technical courier services, international courier services and home delivery service. The report also includes a PESTE and SWOT analysis in order to provide a complete picture of the market.

The UK market for courier services will increase by 27% between 2007 and 2011. Major sectors of the market will continue to remain saturated, however courier companies will continue to specialise in technical courier services and specialist home deliveries.

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DPD expands its express services in Germany

Posted by | May 24, 2007 | |

DPD is increasing its commitment to express shipping with a range of new service options and additional productfeatures. To provide customers with a maximum level of flexibility DPD has, since 1 April, been offering a wide spectrum of new express services.

The resulting total of 122 possible combinations now enables DPD to optimise its new express service, a development which began on 1 February when the CEP service provider launched its new 8:30 express delivery and Saturday service – the initial phase of an ongoing process to extend the companys existing 10:00 and 12:00 services.

With our express offer we are responding to the very varied needs of our customers, ensuring that we have the right service for every customer requirement, explains CEO Hans Fluri.

DPD provides the full spectrum of modern express shipping – from the ID check to confirm the consignees identity and pick-up and exchange options, via ad-hoc shipments and delivery to specific departments, right down to a proactive text messaging service. With this enhanced service portfolio the parcel service provider is positioning itself firmly in one of the strongest growth segments of the CEP market.

DPD is expanding its service range on the basis of tried and tested quality factors: uncomplicated and efficient operational processing and closeness to the customer. Because we operate in close contact with our customers and know exactly what they want our new express services will enable us to conquer the market, is Mr Fluris conviction. This express expansion with its targeted movement into new core segments is an important stage in our growth strategy.

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DHL and Lemuir consolidate logistics business in India

Posted by | May 24, 2007 | |

DHL and Lemuir Group, pioneers in the Indian logistics industry announced that Deutsche Post World Net and Lemuir have planned to consolidate their joint venture which would be named – DHL Lemuir Logistics Private Limited – in India. Deutsche Post World Net will hold 76 percent stake in the joint venture with 24 percent being held by Lemuir. The consolidated joint venture will combine the businesses of DHL Danzas Lemuir Pvt. Ltd. and Exel India Private Limited, which recently acquired the Contract Logistics and Customs House Brokerage operations for general cargo from Lee & Muirhead Pvt. Ltd. This consolidation will position DHL as the leader in International Freight Forwarding, Supply Chain Management and Customs Brokerage in India.

The consolidation will combine the expertise of three well established players in the logistics space in India. The consolidated logistics business will trade under the DHL brand as DHL Global Forwarding for the freight forwarding business and DHL Exel Supply Chain for contract logistics. It will lead to significant benefits for customers, including greater geographic spread, product and service leadership and enhanced offerings to meet all their logistics and supply chain requirements.

DHL in India also comprises of DHL Express – India’s leading express company – and Blue Dart, a leader in domestic express, which will continue to operate as independent business units.

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