Year: 2003

Business Post announces interim results for the six months ended 30 September 2003

Posted by | Nov 12, 2003 | |

Business Post announces encouraging results for the half year ended 30 September 2003 which continue to deliver progress in line with the Group’s Three Year Plan. During the period, turnover of Express was 7% higher at £63.0m. With service performance levels remaining high, the estimated market share again increased, to a little over 7%. Rapid turnover growth in the Group’s newer businesses (165% in HomeServe and 81% in UK Today) continues to complement growth in the core Express business, and the Group’s recent acquisitions (BXT and Weaver Pallet Express) have added further impetus. Peter Kane, Chairman stated “Trading since the half year end has been encouraging, and in line with management’s expectations. With Express continuing to focus on the quality of revenue, the newer businesses continuing to grow strongly and recent acquisitions trading in line with expectations, the Board expects further good progress in the current year and remains very confident about the Group’s long-term potential.”

Read More

Strike aids UK Mail Post bid

Posted by | Nov 12, 2003 | |

Wildcat postal strikers have aided Birmingham parcels group Business Post’s bid to break into the Royal Mail’s £5 billion monopoly, the company’s boss said.

Paul Carvell criticised the recent stoppages which brought mail services, especially in London, as a ‘bloody nuisance’.

But he warned workers that all the disputes had done was boost his company’s case in the government’s eyes for taking a slice of Royal Mail’s currently protected market.

Read More

Spanish Post Office to invest EUR750 million

Posted by | Nov 12, 2003 | |

The Spanish post office has said it plans to invest – 750 million over the next three years to enhance its traditional postal services, reinforce its diversification and financial services and look for new business opportunities. Chairman Víctor Calvo-Sotelo said that under its 2004-2006 Strategic Plan, the post office is also aiming to increase its revenues by 5% annually in order to reach – 2.2 billion in 2006.

Read More

Deutsche Post boss says higher dividend possible

Posted by | Nov 12, 2003 | |

The head of Deutsche Post AG, Klaus Zumwinkel, has confirmed that a higher dividend payment from the postal and logistics group was possible if results improved this year.

“It depends on this year’s results,” Zumwinkel said at a Deutsche Post event in Berlin. “My finance chief (Edgar Ernst) has already said that in the event of an appropriate rise in earnings we will pay a higher dividend.”

Read More

Slovenska Posta offers to sell subscriber databases to publishers

Posted by | Nov 12, 2003 | |

Jaroslav Dobrotka, director general of state postal company Slovenska Posta proposed to publishers of periodical press that the company will sell them databases of their subscribers. He maintains that they have the right to administer their subscriber databases. Mr. Dobrotka met on Thursday with representatives of the Slovak Association of Periodical Publishers and Minister of Transport, Postal Services and Telecommunications Pavol Prokopovic. The main point on the meeting’s agenda was Slovenska Posta’s intention to sell its 100-percent subsidiary, newspaper distributor to households Postova Obchodna Novinova Spolocnost (PONS).

Read More

Postcomm asks Royal Mail to work with Postwatch to improve communications with Mailsort customers

Posted by | Nov 12, 2003 | |

Postcomm has asked Royal Mail to communicate more effectively with customers of its Mailsort business service and to work with Postwatch, the consumer body, to settle grievances. The recommendations follow an investigation by Postcomm after the Office of Fair Trading referred a super-complaint from Postwatch to it. Postwatch was concerned that Royal Mail may have been abusing its dominant position in the Mailsort market, significantly harming the interests of consumers. Postcomm gathered evidence to see whether or not there were sufficient grounds to investigate a potential licence breach. However, Postcomm’s investigation did not find sufficient evidence to give it reasonable grounds to suspect an infringement of Royal Mail’s licence or to warrant further investigation under the Competition Act 1998. But Postcomm did find that there was room for improvement in Royal Mail’s communications with its Mailsort customers and its handling of their complaints, and has recommended that Royal Mail work with Postwatch to improve this part of its operation.

Read More

Competition for the Norwegian Postal Service

Posted by | Nov 12, 2003 | |

The Norwegian Postal Service (Posten Norge) will be facing competition after several Norwegian newspapers have established the company Mediapost which will be distributing newspapers, magazines and books.

Aftenposten, the Labour Press and Orkla Media have taken the initiative to form the new distribution company, and will utilize their own distribution network for the new company.

Read More

Walkout by postmen to cost traders up to £50m

Posted by | Nov 12, 2003 | |

Small businesses stand to lose up to £50 million from the wildcat postal strikes that crippled services in London, the suburbs and beyond, the Federation of Small Businesses claims.

Stephen Alambritis, of the federation, said the strike would cost companies Pounds 30 million if the backlog was cleared in the next few days, but up to Pounds 50 million if it took longer to deliver the 50 million or so items delayed by the action. Royal Mail estimates it could take up to three weeks.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


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.

Subscribe to the Magazine

 

Pin It on Pinterest