Year: 2001

United Parcel Service is expanding mail pickup service by mid-2002

United Parcel Service Inc (Atlanta, GA) will expand its mail pickup service to approximately 30 major US cities by mid-2002. It introduced the service in Dallas, TX, and Atlanta, GA, in spring-2001. UPS is taking advantage of US postal rules that give customers mailing a minimum of 500 pieces at once a discount on first-class rates. UPS collects enough letters to get a discount of two cents for each 34-cent stamp. The savings are passed on to customers, but UPS charges them about $2 for each sack of mail it picks up

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Appeals court overturns UPS tax verdict

United Parcel Service could find itself $1.8 billion richer, after a federal appeals court overturned a 1999 ruling that said UPS illegally used offshore companies as tax shelters, sending the case back to U.S. Tax Court

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Swiss Post between growing and saving

The Swiss Post made a net profit for the year 2000 of CHF 6.022 billion. This represented a slight increase of 5.6% over the previous financial year. However operating expenses were up too. With a profit of CHF 118 million, the Swiss Post was able to present positive business results for each its three years as an independent operation

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Postal privatization faces hurdles

Public Management Ministry officials are discussing the transformation of the postal service into a public corporation, set to occur in 2003, but major issues still remain unresolved.

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Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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