TNT Logistics ‘turns the corner’
TNT Logistics ‘turns the corner’
Read MoreYear: 2004
TPG’s Q1 profits surge on strong Mail and Express performances
TPG reports a healthy increase in net income, with improved margins in its Mail and Express segments, and evidence of a turnaround in the Logistics business.
TPG has achieved strong first quarter earnings growth in markets that continue to be difficult. Earnings from operations climbed 11.7percent (or 12.7percent at constant exchange rates) on revenues that grew by 2.3percent (3.3percent at constant exchange rates). Strong performances by Mail and Express saw operating margins rise significantly in both businesses and, for the first time in two years, Logistics earnings were ahead of the previous year.
Read MoreUPS gains top honors for diversity leadership
In just the first four months of 2004, UPS has received top honors from several prominent organisations for its commitment to promoting a diverse and inclusive workplace.
UPS recently ranked No. 32 on DiversityInc magazine’s “Top 50 Companies for Diversity” and also was listed among Hispanic magazine’s “Corporate 100.” Additionally, two of UPS’s leading Latina executives – Jovita Carranza and Ana Guevara – were recognized by Hispanic Business magazine and the World Trade Center of Miami, respectively, for their professional and personal accomplishments.
Read MoreToshiba and UPS join to set new standard for US laptop repair
The Digital Products Division of Toshiba America Information Systems, Inc. and UPS have announced a new laptop computer repair process designed to reduce turnaround time for customers to four days or less.
The move is part of a wide-ranging customer service initiative by Toshiba designed to raise the bar in the highly competitive PC market. Toshiba expects to build customer loyalty as its customers recognise that if they ever do have a problem with their laptop, downtime will be held to an absolute minimum.
Read MoreUK Royal Mail plans `fairer and simpler’ parcel pricing
Books would cost less to post but bulky items such as posters would be more expensive under plans put forward today by the Royal Mail.
The organisation said it wanted to introduce a “fairer and simpler” pricing system based on size instead of weight.
The proposals would spark the biggest change in postal pricing since the Penny Black and could be “disastrous” in industries such as film processing, warned the postal watchdog.
Read MoreTrade unions urge employees of La Poste to organise strikes
Three French trade unions, CGT, SUD and FO, have urged the 20,000 staff employed in back offices of the financial services of La Poste, the French postal service, to organise strikes in order to protest against plans to set up a postal bank. This is the first time that staff of the company’s 19 regional financial service centres will be able to say whether or not they are prepared to accept the creation of the new postal bank.
Read MoreTakenaka to visit Italy, Britain for talks with posts minister
Japanese Financial Services Minister Heizo Takenaka will visit Italy and Britain on a five-day European trip.
In Italy, he will hold talks with Poste Italiane President Enzo Cardi and Minister for Communications Maurizio Gasparri in connection with the plan to privatise Japan Post.
In Britain, he will exchange views on financial-system policies with Bank of England Governor Mervyn King and Financial Services Authority Chairman Callum McCarthy.
French La Poste cannot deliver job cut figures
Jean-Paul Bailly, chairman of the French post office, La Poste, said that it is impossible for his organisation to reveal the number of jobs which it plans to cut, given that the issue has yet to be discussed with staff and local political figures. La Poste’s unions, on the other hand, claim that it could shed 60,000 posts by 2012 if it refills only half of those vacated between now and then.
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