Month: May 2003

Royal Mail’s reliability improves – two per cent up on previous year

Royal Mail’s First Class service is at its most reliable for seven years.
Announcing quality of service results for the 02/03 financial year, the company said the performance of the First Class service improved cumulatively by nearly two per cent over the previous year. For the full year 2002/3 91.8 per cent of First Class letters were delivered next day compared with 89.9 per cent the year before. The licence issued by the regulator, Postcomm, sets a year-end target for the month of February and March. Performance in February and March was 91.7 per cent against a target of 92.5 per cent.

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AN Post to sell GPO Arcade for EUR 5M

AN Post has embarked on a programme of disposal of non-core assets starting with the sale of the GPO Arcade – the shopping mall of small stores which links Henry Street and Princes St in Central Dublin – for over EUR5m. An Post would not comment on the development last night, but the State postal company is understood to have requested permission from the Minister for Communications, Marine and Natural Resources, Dermot Ahern, in the last few days to put the arcade on the market.

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UK postal service not good enough admit mail chiefs

Royal Mail bosses today said their service was “not good enough” after a watchdog revealed more than a million first-class letters fail to arrive on time every day. New performance figures for the period April 2002 to March 2003 showed Royal Mail had not met 80% of its delivery targets. The group’s chief executive, Adam Crozier, told Channel 4 News: “We are improving and we are getting better. However, it is absolutely not good enough. “We have a number of plans in place to solve this – it’s very important for our business and social customers that we do – and I’m confident that we can and will improve.” Royal Mail missed almost twice as many performance targets as last year, meeting only three of 16 set for the period.

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UK Royal Mail may face fine for failing targets

Royal Mail could face an unlimited fine for failing to meet 80 per cent of its delivery targets, it has emerged. The group failed nearly twice as many performance targets as last year, meeting only three out of 16 targets set for the period covering April 2002 to March 2003. According to Postwatch, the postal services watchdog, Royal Mail missed the minimum performance levels for the delivery of first and second class post and also failed to meet targets for its heavily advertised special delivery service. The poor record means that Postcomm, the postal regulator, could levy an unlimited fine on the company. “We will consider what action we will take, including financial penalties, at the next postal commissioner’s meeting,” Postcomm said.

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Japan Post to ask for return of 400,000 yen per person

Japan Post said Thursday it will ask 19,013 people to return a total of about 7.5 billion yen as it failed to charge taxes on their postal savings. The request applies mostly to senior citizens having fixed-amount savings accounts at post offices under the “maruyu” small savings tax exemption system. Japan Post inadvertently failed to apply taxes to savings above the tax exemption limit of 3.5 million yen. It estimates that taxes payable as a result average about 400,000 yen per person. Japan Post will pay penalty taxes.

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Fedex plans Bahrain facility

FedEx Corp. will build a new state-of-the-art warehouse and distribution center in Bahrain. Scheduled to open in October, the facility and office building will be located at the Bahrain International Airport.

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Delivery firm wins trio of contracts

Workers at a Barnstaple company have been celebrating after they clinched a hat trick of major new contracts. Virgin Wines Online – part of the Virgin Group of companies – has picked Amtrak to provide nationwide parcel delivery service. And almost before the ink had dried on the contract, Amtrak clinched two more deals, first with High Street retailer Laura Ashley and then with the leading household product supplier Kleeneze.

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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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