Deutsche Post AG is planning to cut 800-1000 jobs at its mail operations after merging its parcel business with the mail division, according to Handelsblatt, citing a company spokesman.
The job cuts will affect those in the personnel division, controlling and IT, the source added.
He said there will be no mandatory job cuts but that the reductions would be achieved by offering other positions elsewhere within the group.
Read MoreWithin the scope of the Financial Services Development Project between the World Bank and the Government of Azerbaijan, aimed at improving payment systems for the utility bills collection, and access to financial services and basic business infrastructure in smaller urban and rural areas through the postal system, the country will increase the number of access points for financial services outside Baku to include 1,200 post offices.
The Deputy Minister of Communications and Information Technologies, Iltimas Mammadov, told APA-Economics that the target will be achieved by the end of 2008.
“We are planning to increase the number to 1,500 post offices, including points in Nakhchivan AR,” he said.
Read MoreThe Ethiopian Postal Service (EPS) is preparing to take over out of town mail deliveries by assigning its own vehicles to offer the services to regional and rural branches.
EPS has obtained financial assistance for the purchase of four Mitsubishi Coaster buses that have a 26 passenger capacity from the Universal Postal Union (UPU), the United Nations’ (UN) postal service. EPS presented a project document to the UPU on March 22, 2007. The UPU allocated three million Birr for the purchase of the buses and is facilitating their delivery through the United Nations Development Program (UNDP) office in Addis Abeba because it does not have an office in the country.
Bezabeh Asfaw, acting head of the Operations Department at EPS, told Fortune that the cost of the buses was not fully covered by UPU.
Read MoreU.S. Postal Service human resources representatives will return to the Beaumont Remote Encoding Center next week as the agency tries to soften the blow for the more than 900 employees who will lose their jobs when the center closes in November, a postal service spokesman said.
While workers await official individual notices to leave, U.S. Rep. Ted Poe continues his push to stop the closure, and Jefferson County commissioners might decide in coming months what they will do with the building once the government leaves.
The postal service officially announced April 20 that the Beaumont center would close by November after 13 years of operation.
Workers at the center – which is at the old Texas State Optical building at the corner of Forsythe and Pearl streets in downtown Beaumont – remotely affix address codes to mail via computer screens to help mail move more efficiently.
About 1 million images are processed there daily, and the postal service had praised the center’s workers for their output, according to The Enterprise archives.
Advances in technology have closed all but 10 of the 55 such centers nationwide.
Officials said at the time that the center’s 344 career employees and 16 managers would get a chance to transfer to other positions within the postal service within 100 miles of Beaumont.
Postal service spokesman Dave Lewin said Thursday that the range could be up to 750 miles.
Read MoreThe new chief executive officer of Stamford-based Pitney Bowes Inc. has predicted that by the end of the decade half of its growth will come from new products and services focused on mail-stream technology, its core business.
Pitney Bowes will continue the growth strategy it established in 2000 to concentrate on mail-stream products, Murray Martin said yesterday after the company’s annual meeting at its headquarters.
Martin, who has been with Pitney Bowes since 1987, most recently as president and chief operating officer, succeeds Michael Critelli, who has been elevated to executive chairman after 11 years as chairman and CEO.
When Critelli assumed leadership of the company, it had USD 3.8 billion in revenue.
The company saw its revenue climb 4 percent in the first quarter, from USD 1.36 billion in 2006 to USD 1.41 billion in that period this year. Net income, however, fell from USD 153 million in the 2006 quarter to USD 145 million in the most recent quarter.
In 2006, Pitney Bowes’ total revenue grew by 7 percent, and earnings per share improved by 9.5 percent.
Pitney Bowes will see its international revenues play an increasingly important role, Martin predicted, noting that 27 percent of its total revenue is derived from outside the United States today, compared with 17 percent in 2000.
Under Critelli’s guidance, the company tripled its international revenue to USD 1.5 billion and made more than 65 acquisitions around the world.
Read MoreFedEx Express announced it has signed agreements with Azure Dynamics Corp., a leading developer of hybrid-electric and electric powertrains for commercial vehicles, to develop gasoline parallel hybrid-electric powertrains for their delivery fleet.
Under terms of the agreements, Azure will supply a parallel hybrid-electric test vehicle to FedEx Express for the Ford E-450 hybrid commercial delivery van development program. Once the development phase is completed, FedEx Express has committed to purchase a minimum of 20 pre-production parallel hybrid-electric Ford E-450 delivery vans to be delivered by May 2008.
In 2004, FedEx Express introduced the FedEx OptiFleet E700, an environmentally-superior delivery truck, into its delivery fleet. With 93 hybrid-electric vehicles in service in North America that have traveled more than one million miles, FedEx Express has the largest fleet of hybrid-electric delivery vehicles of any transportation company within the United States.
Read MoreCustomer satisfaction with the goods and services that Americans buy continues to improve, but at a slower rate, according to the latest American Customer Satisfaction Index.
The ACSI is up 0.4 percent to an overall score of 75.2 (on a 100-point scale), the highest quarterly national average in the ACSI’s 14-year history.
However, although customer satisfaction growth in the aggregate continues, many individual companies are falling behind. Of the companies measured in the first quarter 2007, the ACSI saw more drops than gains in satisfaction.
The ACSI has consistently predicted future consumer spending and is an indicator of financial performance at both the company and industry level, Fornell says. The latest ACSI data suggest that depending on the impact of consumer debt burden, consumer spending growth will be in the range of 3.1 percent to 3.9 percent in the second quarter of 2007.
In the first quarter of every year, the ACSI measures customer satisfaction with the quality of products and services in energy utilities, airlines, express delivery, U.S. Postal Service, hospitals, hotels, fast food restaurants, cable and satellite television and telecommunications services.
United Parcel Service Inc. scored an 81, losing to FedEx’s 84 but beating the U.S. Postal Service’s score of 77. UPS’ score in 2006 was 83.
Read MoreCARE, a leading humanitarian organization fighting global poverty, announced this week that UPS will receive its International Humanitarian Award for Corporate Philanthropy.
UPS has contributed more than USD 1,000,000 during a 14-year partnership that has supported CARE’s work around the world. Since 1995, UPS has generously underwritten CARE’s Emergency Transportation Shipping Fund. “Having this money readily available has made it possible for CARE to prepare and respond effectively to emergencies,” said Gayle. In addition, UPS has donated to CARE’s emergency and relief efforts throughout the world, including Kosovo, Sudan, Angola, Cambodia, Vietnam, Lebanon, Haiti and Nicaragua.
For more than six decades, CARE has reflected a remarkable spirit of giving on behalf of the American people and has served as a model of how poor people around the world can be empowered to help themselves. Last year, CARE’s programs improved the lives of 55 million people through some 900 projects in 66 countries. CARE tackles underlying causes of poverty so that people can become self-sufficient.
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