Complaints over mail deliveries reach 2 million a year
Consignia has admitted that it receives almost 2m formal complaints a year, thought to be a record for a British company.
Read MoreYear: 2001
An Post seeks huge increases
An Post is seeking increases of over 30 per cent in postage stamp costs as its own costs are rising faster than sales. The company, which last year suffered a I£3 million drop in operating profits, is looking forward to mounting deficits and is awaiting proposals for a subvention to meet the burden of loss-making rural post offices. Last year the post office lost money and this is predicted to average I£20 million a year over the next three years according to the Irish Independent.
Read MoreConsignia admits inefficiency
CONSIGNIA admitted yesterday that limited capacity at local sorting offices means that five million letters will be diverted hundreds of miles away from their destinations.
The former Post Office, which recently announced plans to make 30,000 postal workers redundant, claims that it is quicker to divert items long distances when local centres are busy.
Consignia strikes blow to rail industry
Consignia will next month strike another blow to the beleaguered rail industry by revealing it does not plan to renew one of the largest long-term contracts in the industry.
Read MoreFedEx gains from US bail-out
A Dollars 116m share of the US government’s airline bail-out programme, coupled with the first contributions from a contract with the US Postal Service, allowed Federal Express to report a 26 per cent increase in second-quarter earnings.,
Read MoreExel PLC sells loss-making German deep frozen food distribution business
Exel PLC said it has sold its loss-making German deep frozen
food distribution business to a management buy out team and added it is
restructuring its other chilled operations in Germany
Danzas Expands in South America
Danzas has created a South American trucking network offering customers time-definite, door-to-door deliveries in six countries: Brazil, Argentina, Chile, Uruguay, Paraguay and Bolivia.
Read MoreEU denounces dismal economic record
THE European Commission rebuked Britain and the EU’s other member state governments yesterday for failing to keep their bold promises of economic reform. A specific example cited in the Commission’s report is the EU’s failure to open up its postal services.
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