Year: 2003

Canadian postal workers reach agreement

Posted by | Jul 28, 2003 | |

Following eight months of intense negotiations, the Canadian Union of Postal Workers (CUPW) has reached two milestone agreements with Canada Post Corporation (CPC).

These are two very historic agreements for CUPW and Canada Post, said Deborah Bourque, National President of the CUPW.

This four-year agreement for the 48,000 postal workers strengthens job security by contracting-in parcels. It ensures economic security with a wage increase of 3% per year that is protected by a cost of living allowance, and enhances the overall rights and benefits for our members, said Bourque.

CUPW has obtained very important health and safety improvements for its members. There will be an injection of money each year towards health and safety training, studies and the elimination of workplace hazards. Through pilot projects, CUPW members will see an increase in daytime work and a new four-day workweek for night workers. Currently, postal workers have the second highest injury rate in the federal sector. Letter carriers have an injury rate that is five times higher than the Canadian average.

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Ireland postal price rise decision expected

Posted by | Jul 28, 2003 | |

A formal decision will be made this week on whether to grant An Post a price rise in domestic postage rates, which could be worth some E18 million in a full year.

The company has sought a range of increases including a rise of 7c to 48c on the basic stamp.

The Commission on Communications Regulation (ComReg), has recognised the need for increases in the company’s domestic postal rates, with prices “geared to costs” as EU regulations demand.

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Post Malaysia aims for 40% domestic courier market share

Posted by | Jul 26, 2003 | |

Post Malaysia Bhd wants to increase its share in the domestic courier market from 30% currently to 40% in the next two years. Its chairman Datuk Annuar Maaruf said the bigger market share will be achieved via its new services, Poslaju On Demand Pick-Up Service and Domestic Time Certain Service (TCS).

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Sinotrans and UPS joint venture

Posted by | Jul 25, 2003 | |

Sinotrans Ltd, a Chinese freight forwarder, will procure a 50 percent stake in a joint venture with United Parcel Service.

Sinotrans said it will pay US$652,200, through its 70 percent-owned unit Shanghai-listed Sinotrans Air Transportation Co Ltd (Sinoair), for the stake from its controlling shareholder, state-run, China National Foreign Trade Transportation Group, Corp.

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Garmin International buys UPS subsidiary for US$38 million

Posted by | Jul 25, 2003 | |

Garmin International Inc., in its first major acquisition, said on Thursday that it had agreed to buy a subsidiary of United Parcel Service Inc. for $38 million in cash.

UPS Aviation Technologies Inc. designs and makes communication, navigation and surveillance products for the general aviation and air transport industries. The company, based in Salem, Ore., employs about 150 people, including 50 engineers.

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DHL expands operations in Iraq

Posted by | Jul 25, 2003 | |

DHL, the world’s leading international air express company, business logistics solutions provider and air express pioneer in Malaysia, expanded its operations in Iraq to help assist in the country’s revival.

DHL is the first express and logistics company to operate in Iraq following the lifting of economic sanctions.

In a statement here, DHL said air express services were being offered through DHL Express, and heavy freight and logistics through DHL Danzas Air & Ocean.

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Deutsche Post announces higher parcel forwarding charge

Posted by | Jul 25, 2003 | |

Deutsche Post, the German national postal service operator, is reported to have announced plans to increase charges for parcel deliveries for business customers, with effect from September 1. The price increase comes in reaction to road tolls for HGVs.

There is reported to be some uncertainty regarding the exact date on which the new toll is to be introduced. While the German government had envisaged August 31 as a launch date, the EU Commission has expressed reservations regarding the toll plan.

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Kiwibank gets $40m boost

Posted by | Jul 24, 2003 | |

State-owned New Zealand Post is pumping another $40 million into Kiwibank to help it grow even bigger, after 150,000 customers flocked to the new bank in just over a year. “It is now clear to us that the future of Kiwibank is as a much larger bank,” NZ Post chief executive John Allen said yesterday. But ACT NZ finance spokesman Rodney Hide damned the extra $40 million capital injection as proving the “critics right”, while the National Party’s Gerry Brownlee said Kiwibank was being “propped up” by taxpayers.

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