Year: 2002

Japan's Postal Mail service to log 38B Yen annual loss

Posted by | Dec 20, 2002 | |

Japan’s state-run postal mail service will incur losses of 37.9 billion yen in the year to March 2003 due to a slump in corporate demand, against the initial estimate of a profit of one billion yen, the government said Friday.

Postal mail revenue in the year is now projected to fall 4.1 pct from the previous year to 1,966.6 billion yen, said the Ministry of Public Management, Home Affairs, Posts and Telecommunications. This is down from the initial estimate of 2,052.3 billion yen.

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New Zealand Post chief quits hot seat

Posted by | Dec 20, 2002 | |

The chief executive of New Zealand Post, Elmar Toime, is leaving to take a top job with British postal giant Royal Mail Holdings.

His resignation was announced late last night, just days after Opposition MPs demanded that he quit after the Auditor-General uncovered extravagant spending by senior staff of the taxpayer-owned NZ Post subsidiary Transend Worldwide.

Mr Toime _ who earned about $770,000 a year at NZ Post _ was on the Transend board with managing director Drew Stein, and as CEO of NZ Post had overall responsibility for Transend’s operation.

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Clippership version 8 addresses UPS and FEDEX January 6 rate changes

Posted by | Dec 19, 2002 | |

Kewill Systems (LSE: KWL), the leading provider of multi-carrier transportation management and supply chain control software and services, announced today the release of Clippership Version 8.0, supporting the UPS and FedEx January 6, 2003 rate changes. Clippership Version 8.0 also supports compliance for the new UPS package processing requirements for U.S. domestic Hazardous Materials shipments and is certified to support new PLD 7 functionality with UPS.

Clippership Version 8.0 supports a variety of UPS and FedEx services affected by the January 6, 2003 rate changes. Due to new hazardous regulations mandated by UPS, Clippership Version 8.0 includes new screens specifically designed to collect all required information for UPS hazardous materials processing. In addition, Clippership now supports the Windows XP platform and includes compliance changes in support of DHL Change Order issues. Kewill has also embedded SMC3’s RateWare(r) within Clippership to expand its existing LTL rating support and provide customers with one comprehensive solution to manage compliance for both parcel and LTL shipments.

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Novak to head mail reform unit

Posted by | Dec 19, 2002 | |

Royal Mail media markets managing director Adam Novak is to head a new unit set up to address how the organisation’s competitors can access the network. Royal Mail has created the unit and Novak’s new post of director and general manager wholesale in response to the liberalisation of the postal market. Royal Mail is to lose its monopoly status and must open its network to other suppliers. In his new role, Novak reports to Royal Mail managing director Jerry Cope.

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Two top posts at Royal Mail

Posted by | Dec 19, 2002 | |

Royal Mail Chairman Allan Leighton today announced two key appointments to the Royal Mail Board. Elmar Toime, currently Chief Executive of New Zealand Post, will join as Executive Deputy Chairman of Royal Mail Holdings plc and will have Group-wide responsibilities across Royal Mail and Post Office Ltd. Adam Crozier, until recently Chief Executive of the Football Association, becomes Chief Executive of the Royal Mail Group to lead the transformation of the organisation.

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Regulator defied as Royal Mail plans price rise

Posted by | Dec 19, 2002 | |

Allan Leighton, the chairman of the Royal Mail, raised the stakes in his battle with Postcomm yesterday with plans to increase some delivery charges in defiance of Postcomm’s wishes.

Price rises are being imposed on airmail postcards, letters, printed papers and small packets. The cost of sending parcels weighing more than 350 grammes will also rise. Postcomm has said that it wants to curb prices on airmail and parcels to compensate for allowing the price of first and second class stamps to rise by 1p each. However, the loss-making Royal Mail has complained that any move on those services would cut Pounds 460 million from its sales.

The price increases, ranging from 1 per cent to 5 per cent, are controversial because they come just weeks before final pricing plans for Royal Mail are due to be announced by the regulator.

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