Year: 2005

TNT gets temporary reprieve from labour union strikes

Posted by | Oct 19, 2005 | |

TNT will not be confronted with strikes at its Dutch mail delivery operations starting Friday, a spokesman for the Abvakabo FNV trade union said. ‘TNT has indicated that there is room for compromise regarding our demands,’ said the spokesman. ‘The Friday ultimatum is therefore off the table and we await what TNT will offer next Tuesday, when we will enter a new round of negotiations to see how far the company is willing to compromise.’

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Dutch TNT to buy German Rheinkurier

Posted by | Oct 19, 2005 | |

TNT will take over German sector firm Rheinkurier, TNT said on October 19, 2005. According to TNT, after the takeover of Rheinkurier the company will become the second-largest mail delivery company in Cologne, western Germany, behind local post carrier Deutsche Post. Rheinkurier has 125 employees and services 1.0 million residents. TNT also said it would open a branch in Hamburg, northern Germany, in November 2005, and announced plans for its network to cover the whole of the industrial Ruhr region in western Germany by early 2006.

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UK Royal Mail not ready for full sale, but 20percent to go to staff

Posted by | Oct 19, 2005 | |

Royal Mail is not in a state fit for a full-scale privatisation, its chairman told MPs yesterday as he confirmed plans for employees to be given a 20 per cent stake in the business.

Allan Leighton said that the postal group’s Pounds 4 billion pension deficit and its need for a Pounds 2 billion investment made it unsuitable for a sale.

In a submission to the Trade and Industry Select Committee, Royal Mail said that its pensions deficit made it technically insolvent. However, Mr Leighton said that new plans for Royal Mail’s structure would make it a model that other large public organisations would follow.

His comments come as Sir George Bain is close to completing a report into Royal Mail that is expected to pave the way for a stake in the business to be given to Royal Mail’s 180,000 employees. He said: “This is a commercial entity. Everyone thinks it is a public service, but it is not.”

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Deutsche Post says regulator has approved its 2006 price changes

Posted by | Oct 19, 2005 | |

Deutsche Post AG said the Federal Networks Agency has approved new mail delivery prices with effect from Jan 1, 2006.

Smaller-sized domestic letter prices will drop to 0.90 euros from 0.95 euros, while large-sized domestic letter prices will increase to 1.45 euros from 1.44 euros.

Standard sized letters sent to European destinations will rise to 0.70 euros compared to 0.55 euros. Letters sent to other international destinations will cost 1.70 euros versus 1.55 euros.

In all, Deutsche Post has 45 price categories depending on the letter size and destination.

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Deutsche Post reaches compromise with regulator in mail sorting dispute

Posted by | Oct 19, 2005 | |

Deutsche Post AG has reached a compromise agreement with Germany’s Federal Networks Agency regulator in a dispute over obstacles that hinder rivals from entering the market for collecting and sorting letters, sources said.

Deutsche Post declined to comment on the matter.

Earlier press reports indicated that the agency suspected Deutsche Post of abusing its market position by placing certain unspecified clauses into the contracts of mail sorting consolidators that made it difficult for them to enter the market.

It launched an investigation into the matter, which is scheduled to end this month.

The Federal Networks Agency ordered Deutsche Post to open the market for mail sorting and collection to consolidators earlier this year.

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Blue Dart Express posts 75.72 percent profit increase

Posted by | Oct 19, 2005 | |

Air express, courier and logistics company Blue Dart Express Ltd has posted a 75.72 per cent increase in its net profit for the second quarter ended September 30, 2005 at Rs 17.66 crore as compared to Rs 10.05 crore in the corre sponding quarter previous fiscal.

Income from operations during the reporting quarter ended increased to Rs 137.09 crore over Rs 115.87 crore in Q2 of FY-05, the company said in a release.

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DHL to set up logistic management school in China

Posted by | Oct 19, 2005 | |

DHL has announced plans to set up its own training institution in China. As well as forming part of the company’s plans for expansion on the fast-growing market, the move will allow DHL to find and keep qualified staff. DHL plans to grow by between 35 and 40 per cent in the coming years in China, but has revealed problems when it comes to finding qualified managers.

The DHL Logistic Management University is therefore to be opened in Shanghai. In the coming year, the university will offer 40 courses for 7,500 students from DHL. Employees of DHL in other areas of Asia, such as South Korea, will also attend the university. Later, the university will open its doors to non-DHL employees. Employee fluctuation levels are high in China, but DHL hopes that the university courses will encourage staff to remain at DHL, as well as providing it with qualified managers.

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Further price reduction for German mail from January 1, 2006

Posted by | Oct 19, 2005 | |

The prices proposed by Deutsche Post for letter mail items have been approved by the Federal Network Agency. The new and, for some mail products, reduced prices will go into effect on January 1, 2006. Including the new price plan for international letters, this yields savings for customers of around 30 million euros over the previous year. Prices for standard letters (Standardbrief) at 55 cents, and postcards at 45 cents remain the same.

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