Norish says trading environment still difficult as it swings into loss in H1
Norish says trading environment still difficult as it swings into loss in H1
Read MoreYear: 2003
Hays chief quits after just 10 months
The new chief executive of Hays, the personnel, haulage and private mail group, which is selling off all but its staff recruitment business, has shocked the City by announcing his departure after just 10 months in the job.
Colin Matthews, who joined Hays last November after stints with British Airways and the gas network Transco, said he planned to leave next year once the sale of the group’s haulage division had been completed.
Read MoreSpanish MRW Opens Franchises in Spain, Portugal
Spanish express courier MRW in Catalonia region, northeastern Spain, has opened three franchises in Spain and another one in Portugal, MRW said on September 9, 2003.
MRW opened a franchise in Madrid, another one in Coria del Rio, Seville province, southern Spain, and a third one in Granada, southern Spain. With the opening of a franchise in Portugal MRW increased the number of its franchises in the country to 58.
Read MoreAgreement between DHL Express and Post Danmark
DHL Express and Post Danmark has now made an agreement that Post Danmark that in the future will handle pick-up’s, sorting and distribution of domestic shipments for DHL Express (former A Post). The agreement will be effective as of November 3rd 2003.
“We welcome DHL Express as a customer in this area. With this agreement, we gain more volume in our parcel business and an inproved capacity utilisation at our sort centres. With this agreement we continue the growth Post Danmark has experienced on the Danish parcel market during the last year”, says Deputy Executive Carsten Dalbo Pedersen, Post Danmark.
Read MoreUniversal Express Retains Former MBE/UPS Executive
Universal Express, Inc has announced that its subsidiary, WorldPost, its private postal network, today retained the services of Marshall Stanek of San Diego to assist in its national sales efforts.
“We are very pleased to announce Mr. Stanek’s addition to our growing staff of professionals and expect that his experience in the private postal arena will help us as our rebranding expands to include not only a new name and website, but also a great many new revenue generating products for the private postal stores we service,” stated Richard A. Altomare, the company’s President and CEO.
Read MoreTechnology will make mail even more valuable to business
Michael J. Critelli, chairman and CEO of Pitney Bowes Inc, stated that in the future, the mail stream would provide higher value to business, while becoming more affordable, accessible, information-rich and secure.
During a presentation hosted by the Prudential Equity Group, Critelli also cited a recent report by the bi-partisan commission on the U.S. Postal Service established by President Bush that “validates Pitney Bowes’ vision about the on-going importance of mail in American life and commerce, and the application of technology to make it even more valuable in the future.”
Read MoreUK postal union welcomes select committee inquiry into Royal Mail finances
The Communication Workers Union has welcomed the Trade and Industry select committee’s decision to look at the finances of Royal Mail.
CWU general secretary David Ward yesterday called on the all-party group to look at Royal Mail after accusing management of exaggerating the extent of the company’s problems.
Committee chairman Martin O’Neill told AFX News he would be summoning all parties to a hearing in early October when parliament returns after the political party conferences.
Read MoreUSPS plans to reduce debt by $3.8b
The Postal Service expects to end this fiscal year $4.2 billion in the black, allowing it to pay off a substantial amount of debt.
Chief Financial Officer Richard Strasser said the financial plan is to reduce debt by $3.8 billion this year to $7.3 billion.
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