Tag: Europe

Royal Mail plans PIP blitz to all UK homes

Posted by | Nov 11, 2005 | |

Royal Mail is planning one of the largest marketing campaigns in its 350-year history, thought to be worth nearly GBP15m, for the launch of its controversial pricing in proportion (PIP) scheme. The push, to target both businesses and consumers, will include a PIP ‘template’, allowing customers to work out exactly how much they will pay before going to the Post Office. Every UK household – about 26 million – is to be targeted. The campaign will feature a major direct marketing blitz. A Royal Mail spokesman says: “We will be using a mix of media to promote what is possibly the biggest change in the postal service’s history. We have already started communicating with more than 200,000 businesses, so that they can prepare for the new pricing structure.”

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1,000 jobs seen at risk in Belgian postal route reorganisation

Posted by | Nov 11, 2005 | |

The postal route reorganisation planned by the Belgian postal service company De Post/La Poste might cost 1,000 full-time jobs, Lieve Vanoverbeke with the local ACV-Transcom trade union said on November 11, 2005.

The re-planning of the postal routes, dubbed Georoute 2, started on November 5, 2005 and will last between 16 and 18 months.

The introduction of the Georoute postal routes scheme in 2003 and 2004 was opposed by De Post/La Poste staff, who initiated strikes at a number of post offices.

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Austrian Post said planning to buy German Transoflex

Posted by | Nov 11, 2005 | |

Austrian state-owned postal company Oesterreichische Post (Post AG) plans to buy German logistics company Transoflex for up to 500 mln euro (USD584.4 mln), Austrian daily Kurier reported on November 11, 2005. A Post AG spokesperson declined to comment the report saying the company had a growth programme which envisages acquisitions both in eastern and western Europe. The deal could be carried out by the end of 2005, according to Kurier. The 500 mln euro corresponds to Post AG’s total investments planned for expansion in the neighbouring countries by 2008.

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FedEx is set to wholly run its joint venture in China

Posted by | Nov 11, 2005 | |

Federal Express Corporation has reach an agreement with its Chinese partner Tianjin DTW Group Co Ltd. to buy up Federal Express-DTW Co Ltd, a Beijing-based 50-50 express joint venture between both sides, a source disclosed on November 8. The acquisition will be announced at the end of November or the beginning of December, according to the source. After UPS paid up to USD 100 million to end a marriage with Sinotrans Ltd, FedEx is believed to also want a divorce from Tianjin DTW Group because it has long been eager to become a player that wholly owns its operations in China. For now FedEx has two acquisition solutions: to buy a 50% stake in the venture from Tianjin DTW Group or to buy both the stake and DTW Express Co Ltd, a service under its Chinese partner. FedEx inclines to the first one while Tianjin DTW Group to the second one. FedEx wants to buy the stake at a low price in order to gain the venture’s service network in China and not to additionally buy a repeated service network from Tianjin DTW Group, the source said.

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UK DX Services sees annual profit below expectations

Posted by | Nov 11, 2005 | |

UK mail delivery company DX Services PLC warned annual profit is likely to fall below prior expectations owing to weak revenues from clients in the financial services and property industries. ‘Based on the year to date, results for the full year to 30 June 2006 may be around 5 pct below our previous expectations, with some 40 pct of the operating profit for the year arising in the first half,’ chairman John Maxwell said in a statement released ahead of today’s annual general meeting. He added that the success of arrangements to deliver residential mail with the Royal Mail, the country’s leading postal company, would have an important bearing on the full-year outcome.

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