Year: 2001

Postal woes need action

Posted by | May 14, 2001 | |

The U.S. Postal Service is in trouble. The advertising and publishing industries that depend on it are publicly fed up, and rates are set to increase for the second time this year. With the future looking like more of the same, the clamor is building-and rightly so-for Congress to take action. If shouting alone were enough to get attention in Washington, the din last week easily could be heard up and down Pennsylvania Avenue. The Postal Service Board of Governors complained about the independent Postal Rate Commission, which it said made the coming July 1 rate hikes necessary by ignoring Postal Service revenue needs. The Magazine Publishers of America and Direct Marketing Association lambasted the Postal Service for not being able to control its costs.

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Japan Postal Services Agency planning to cut 14,000 jobs

Posted by | May 14, 2001 | |

The Postal Services Agency on Monday drafted a plan to cut about 14,000 jobs in the mail service in five years’ time, officials said. The figure represents more than 10 percent of 136,000 people currently on the Postal Services Agency’s mail services payroll across the nation. The job-cutting plan is part of the agency’s comprehensive streamlining project involving three areas: mail services, postal savings and insurance services.

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TNT Acquires Advanced Logistics (Italy)

Posted by | May 11, 2001 | |

TPG, through its TNT Logistics division, has today announced the acquisition of ALS (Advance Logistics Services), an important player in the Italian Logistics and Transport market. ALS, with sales of € 209 million in 2000, reinforces TNT’s position in Italy and provides a strong European road network to support pan-European logistics solutions.

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DOT Supports Package Deliverer DHL

Posted by | May 11, 2001 | |

The Transportation Department on Friday rejected efforts by FedEx Corp. and United Parcel Service to strip competitor DHL Worldwide Express and DHL Airways of the licenses they need to deliver packages in the United States.

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Kelly: UPS will meet estimates

Posted by | May 11, 2001 | |

Jim Kelly, the chief executive of United Parcel Service Inc., said Friday that business conditions have shown some signs of stabilizing and UPS should be able to meet lowered earnings targets for the second quarter.

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