Year: 2005

Empost launches ‘Litedox’ courier service to India and UAE

Posted by | Jul 30, 2005 | |

Empost, the UAE’s national courier company, has launched ‘Litedox’, an innovative courier service for the delivery of light documents to India as well as within the UAE. The door-to-door courier service is designed to cater primarily to the need for sending original documents, certificates, statements and letters to India, whose expatriate community is the largest in the UAE. The service will be expanded to other international and regional countries at a later stage.

Read More

TNT – Record margin in Express and strong margin in Mail

Posted by | Jul 29, 2005 | |

France Logistics refocuses to strategic areas
Highlights:
– Strong margin in Mail of 20.8%
– Record high margin in Express of 10.1%
– Mixed picture in Contract Logistics
– Interim dividend up 10% to 22 cents

CEO Peter Bakker:
“In the second quarter of this year we see a continued good performance of our Mail and Express divisions. The Mail division reported another strong operating margin, despite higher pension costs, and our European Mail Networks business continued to record strong organic revenue growth of 20%. Express revenues grew double digit and operating income was up 28%, reaching another margin record. The division is firmly on track to reach its ambitious target of a 10% operating margin in 2007. In Logistics, our freight management operations continue to make progress but achieving growth in some of our contract logistics business has been difficult. We have reviewed our French Logistics business unit carefully and today we announce our plans – we intend to withdraw from basic transportion activities and refocus on the areas of contract logistics where we can earn our cost of capital.”

P:LibraryTPGTNT_Q2_2005_press_release.pdf

Read More

Pos Malaysia seeks alliances with ASEAN posts

Posted by | Jul 29, 2005 | |

Pos Malaysia Bhd is looking at business alliances and collaboration with postal organizations of Asean nations to strengthen its competitiveness and enhance its postal delivery service. Chairman, Datuk Ikmal Hijaz Hashim said projects planned with the Asean postal organizations included joint marketing strategies on express mail services, promotion of parcel services and joint stamp and philatelic products among the Asean countries. “Pos Malaysia is also upgrading its international remittances services to speed up payment transaction,” he said at a press conference after the launch of the 12th Asean Postal Business Meeting. Ikmal said Pos Malaysia non-postal services such as payment of utilities and remittance services were growing as a significant contributor to group’s turnover. He said the current de-pegging of the ringgit would also be positive to Pos Malaysia as it would help to lower operating cost structure.

Read More

Postal-reform legislation hailed as a much-needed repair to the ailing USPS

Posted by | Jul 29, 2005 | |

The postal-reform legislation that passed overwhelmingly in the House on Tuesday has been hailed as a much-needed repair to the ailing United States Postal Service. Unfortunately it doesn’t fix the postal service’s biggest problem. In the face of falling mail volumes and massive liabilities, the USPS has claimed for years that greater pricing flexibility would solve its financial woes. Free of existing regulation, its managers argued, the USPS could respond quickly to market opportunities and thereby increase earnings. It looks like the USPS is finally getting what it wanted: At the core of the new bill are measures that free up the pricing system. To really mend itself, however, the postal service needs not so much flexibility on pricing as the flexibility to cut its massive labor costs. And the new legislation doesn’t give it that.

Read More

Nepalese Government to monitor private postal and courier service providers

Posted by | Jul 29, 2005 | |

The Nepalese Government is all set to introduce Private Sector Postal Service Operating Regulation 2005 to monitor all private postal and courier service providers in the country. The regulation is being enforced as per the policy of Department of Postal Services (DPS) that envisages to monitoring and enhancing the services of the private operators. Private postal and courier service providers currently operate with licenses issued by Company Registrar under Ministry of Industry, Commerce and Supplies (MoICS). Although the certificate gives legality to the business, it fails to spell the terms and conditions for their operations.

Read More

UK Royal Mail argues for 48p stamp, saying letters are a drain

Posted by | Jul 28, 2005 | |

Royal Mail lost more than GBP200m last year on post that weighed under 100g, the company’s regulatory accounts showed yesterday. This is the category of mail that is regulated by the government-appointed regulator, Postcomm, and represents the organisation’s monopoly area, which is about to be removed completely. Chairman Allan Leighton said that the figures illustrated Royal Mail’s problem. “Ninety percent of what we do loses money” he said.
Mr Leighton is fighting a Postcomm price control proposal that would cap first and second class stamps at a level he says is unsustainable. He said yesterday that the prices need rebalancing, because customers sending heavy parcels are subsidising lighter mail.

Read More

Italian Post Office unveils 3-year targets

Posted by | Jul 28, 2005 | |

The board of directors of the Italian post office, Poste Italiane, has been presented with the organization’s development plan for 2006-2008. Its targets include a 3.5 per cent rise in consolidated turnover, to 10.38bn, 10 per cent growth in Ebit, to 1.2bn euros, and an Ebitda up 5 per cent, at 2.2bn euros, over the three-year period. More generally, Poste Italiane is aiming to develop its financial services to the point where its BancoPosta subsidiary becomes Italy’s biggest ‘bank’ by customer numbers and to increase its share of Italy’s express parcel service market. While unveiling the three-year plan yesterday, Poste Italiane’s managing director, Massimo Sarmi, said that the Bank of Italy has ordered his organization to keep separate accounts for its BancoPosta business, on the one hand, and its postal services, on the other. He also pointed out that Poste Italiane has only a 1.4 per cent share of Italy’s 30.2bn-euro market for parcel services, compared with 18.2 per cent for Deutsche Post World Net and 12.2 per cent for TNT.

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