Year: 2006

Okuda, 4 others named outside directors of postal privatization firm

The government on Monday appointed Hiroshi Okuda, chairman of the Japan Business Federation, and four other business leaders as outside board members of a company to be founded next Monday to prepare for privatizing Japan’s postal services. The other four leaders are Uichiro Niwa, chairman of Itochu Corp., Haruo Ushio, chairman of Ushio Inc., Takashi Nishioka, chairman of Mitsubishi Heavy Industries Ltd. and Reiko Okutani, president of The R Co. The appointment of the five outside directors will be formalized at the preparatory company’s inaugural meeting slated for Friday.

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Canada Post's plan for expanded monopoly denounced by mail association

Today, a coalition of private Canadian and international mail companies is strongly urging the next federal government, once it takes office, to rein in immediately Canada Post which has sought injunctions against a number of private postal providers in a bid to expand its monopoly over international mail delivery and effectively kill thousands of Canadian jobs linked to Canada’s thriving Dollars 100-million outbound mail industry. It also calls for a parliamentary review of the exclusive privilege provisions of the Canada Post Corporation Act as soon as Parliament gets back to business. “It is totally unacceptable that, after over 20 years of open and fair competition, Canada Post now says it has a monopoly over outbound mail and is trying to put us out of business,” says Gwyneth Howell, spokesperson for the Canadian International Mail Association which represents the interests of a number of private mail companies such as Key Mail Canada and Spring Global Mail, smaller letter shops operating all across the country, as well as some of Canada’s biggest printing companies.

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Post trade union to protest IPO till OeIAG decision in March 2006

The trade union of Austrian state-owned postal company Oesterreichische Post AG decided on January 16, 2006 to oppose the initial public offering (IPO) of the post office up to the decision of state-holding and privatisation agency OeIAG on the sale, which is expected not sooner than in mid-March 2006. Trade union head Gerhard Fritz and his deputy Manfred Wiedner gave no detail on the plans for future action, except for a protest march, which will take place on January 19, 2006. Fritz did not exclude the possibility of a strike.

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DHL names EVP for Customer Experience Initiative

DHL today announced the appointment of Hans Hickler, the company’s Executive Vice President of Business Strategy and Implementation, to lead DHL’s new Customer Experience Initiative, which is focused on ensuring a superior customer experience across all touch points. Hickler will lead a dedicated executive team within the areas of customer care and contact and e-commerce services to evaluate and drive improvement to each customer touch point and all processes that impact the DHL customer experience. “The DHL Customer Experience team is dedicated to assuring that our company is positioned to deliver the best possible customer experience for every DHL customer,” said Hickler. “We will go above and beyond to make sure that DHL employees, from managers to couriers to call center reps, are delivering on the promise of a superior customer experience in every interaction they have.”

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Deutsche Post to sell 18 hotel properties this week

Deutsche Post AG will announce the sale of its 18 hotel properties to an unnamed Munich investor this week, the Sueddeutsche Zeitung reported, without saying where it obtained the information. The newspaper did not say how much the company will receive for the properties, which were originally built to house employees travelling on business. It noted, however, that Deutsche Post has received at least 200 mln eur in recent years from the sale of such non-core assets.

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German bid for TNT almost ready, shares rise

German private equity investor Cornelius Geber said on Monday a consortium planning a bid for Dutch mail and logistics company TNT NV was almost ready, sending the target company’s shares higher. Geber first signaled interest in TNT in November. British newspaper The Business reported on Sunday that he would prefer a friendly takeover, but was prepared to go hostile if the Dutch government, which owns 10 percent of TNT, opposed a deal. Geber, who has ties to US private equity group Blackstone, told Reuters the consortium was nearly ready, but declined to comment on whether a bid would be hostile or friendly. TNT has a market value of about 12 billion euros (USD14.5 billion). “We’re working on the topic,” he said. “The consortium stands almost complete.”

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UK rural post offices sweat on funding as Government drops consultation

The Government has backtracked on a pledge to hold a public consultation over the future funding of 8,500 rural post offices before a spring deadline on what to do about them. The Government has spent pounds 150m a year since 2003 supporting rural branches, many of which are in remote locations and have little business. The payments, however, are due to stop in April 2008, at the end of a two-year “notice period” that must be served by the Government. After requests from interested parties, such as Postwatch, the consumer watchdog, and the charity Age Concern, stakeholders were told by the Government that a “full and public” consultation would be held ahead of the two-year notice period.
But a senior source at the Royal Mail said the Government has since changed its mind and no longer plans to hold a consultation before the April deadline. “The original plan was [to hold it] but now they are not so sure about what they are consulting on,” he said. A spokesman for the Department of Trade and Industry insisted a consultation would still go ahead but was unable to say when.

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