2007 Business Customer Review. L13977
2007 Business Customer Review. L13978
Read MoreTag: Domestic
2007 Competitive Market Review + Business Customer Survey. Summary document. L13978
2007 Competitive Market Review + Business Customer Survey. Summary document.
Read MoreThe Telegraph: UK postal strike 'could last for months'
After two days of strikes, up to 100 million letters and parcels are estimated to be stacked up in sorting officers around the country as the worst stoppage for two decades paralyzed Britain’s postal system.
The five-day dispute will cost Royal Mail more than GBP 100 million by the time it ends on Wednesday. Despite more talks about pay, pensions and job cuts at the Trades Union Congress, both sides were far from agreement last night.
The Royal Mail claimed that 50 per cent more people were at work compared with previous strikes in the summer, although this was disputed by the Communications Workers Union (CWU), which said the action was “solid”.
Up to 130,000 postal workers walked out at noon on Thursday for 48 hours and will stage another two-day walkout from 3am on Monday, which will hit deliveries until the end of next week.
The postal strike in numbers:
400 million – Backlog of letters which will build up if strike lasts for five days.
GBP 10 million – Estimated cost of strike to small businesses in lost business and delayed postal payments.
135,000 – Postal workers on strike, out of a total of 180,000.
33,000 – Post Office bicycles standing idle while their riders are on strike.
GBP 790,000 – Oay packet of Royal Mail Group chief executive Adam Crozier in 2005.
8 – Miles travelled every day by postal workers, carrying around heavy mailbags.
5.6p – Loss to Royal Mail every time a stamped letter is sent. The firm loses some £4 million a week.
GBP 4 billion – Royal Mail Group pension scheme accounting deficit.
113,000 – Post boxes in the UK.
40,000 – Jobs the Communication Workers’ Union claims will be lost under the terms of the current pay offer.
27 million – Postal addresses in the UK.
11kg – The weight limit on a postal worker’s pack.
Read MoreFedEx filing hints at plan to build USD 87 M hub in Toledo area
In another indication that it plans to remain in the Toledo metropolitan area, package shipper FedEx Ground yesterday applied for tax abatement to build a new regional hub in Perrysburg Township.
The company would move from its present location in South Toledo to a planned USD 87 million facility on a parcel east of the Buck Road and I-75 interchange.
Under its application submitted yesterday to Wood County, FedEx Ground is asking for a 100 percent tax abatement on improvements to the property in Perrysburg Township.
A spokesman for Toledo Mayor Carty Finkbeiner said the move would be good for FedEx, Toledo, and the township because of a proposed joint economic development agreement that would allow for water and sewer services and tax-sharing.
Currently, FedEx’s local terminal is on Reynolds Road near Angola Road. It has about 400 employees, according to its application.
FedEx’s application says it plans to spend USD 48 million on new construction and USD 39 million on equipment as well as USD 73,000 on furniture and fixtures.
Work on the project would begin in November and end in June, 2009.
The application states that FedEx would create 31 new full-time and 91 new part-time jobs over the first three years, with total new wages of USD 2.9 million.
The existing annual payroll is 152 full-time employees and 259 part-time employees, paid a total of USD 9.2 million a year.
Nationally, FedEx Ground is undergoing a USD 1.8 billion expansion.
FedEx Ground’s income tax is said to yield about USD 200,000 a year for Toledo.
Read MoreJapan Post Holdings, Nippon Express to Form Alliance in Parcel Delivery Service
Japan Post Holdings Co., the recently privatized postal service, and delivery company Nippon Express Co. said Friday they have agreed to form a comprehensive business alliance.
As a start, the two companies will integrate their domestic parcel delivery operations beginning next October, they said in a joint statement.
The move is expected to help boost their competitiveness against industry leaders Yamato Transport Co. and Sagawa Express Co.
The alliance is the first major tie-up for Japan Post since the company was established Monday as part of the nation’s 10-year postal privatization plan.
Nippon Express, the nation’s No. 3 package delivery company, and Japan Post, which is the fourth-largest in the service, will set up a new company on Oct. 1, 2008, to integrate their delivery business. They are also seeking tie-ups in other areas to use their expertise, the companies said.
The new company will be a subsidiary of either Japan Post Holdings or its delivery unit, Japan Post Service Co.
Nippon Express has stepped up efforts to form partnerships to better compete with its rivals. The company said in August that it was considering joint air transport services with Kintetsu World Express Inc. between Japan and other Asian countries.
Under the postal privatization plan, the parent Japan Post was broken into four separate businesses initially held under a government-controlled holding company: an insurance company, savings bank, mail courier and post office management firm. The companies will be made independent by 2017 and listed on stock markets.
Read MorePost & 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.