Tag: Europe

Dutch TNT to equip vehicles with smoke filters

TNT NV will equip its 4,500 operating vehicles with smoke filters, the company’s chief executive officer (CEO) Peter Bakker said on September 13, 2005. According to Bakker, it is crucial that TNT contributes to a clean environment. TNT, together with the Dutch Ministry of Housing, Spatial Planning and Environment (VROM), will conduct a study on the types of smoke filters, that are suitable for the company’s various diesel cars and vans. The study is to be completed by the middle of 2006, after which the subsidy from the ministry for the so-called retrofit will be utilised.

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TUC opposes UK postal liberalisation

The government was told tonight to scrap its plans to end the Royal Mail’s monopoly on delivering letters next year, as the unions joined forces to oppose greater competition in the postal sector. Labour promised in its election manifesto to keep the post office in the public sector, but since then the trade and industry secretary, Alan Johnson, has floated the idea of a sell-off to workers, on the model of the retail company John Lewis, whose permanent staff are all partners in the business. The government was told tonight to scrap its plans to end the Royal Mail’s monopoly next year, as the unions joined forces to oppose greater competition in the postal sector. Tonight the TUC voted unanimously to oppose liberalising the postal market with Amicus’s Derek Simpson declaring “a last post for UK jobs” and Communication Workers Union general secretary Billy Hayes saying any partial sell-off would be “a privatisation in my book”.

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Drop-box solutions are gaining ground

An unattended delivery system for which Business Post now has the UK licence, called eBox, is on trial with several hundred customers.
Three sizes of eBox are available, taking deliveries or outbound shipments of up to 20kg. Business Post claims this makes the system suitable for the B2B sector as well as its HomeServe customers, such as service engineers and party planners. The company hopes by this means to reduce the problem of failed deliveries.

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Parcel mergers could relieve price pressure

Recent acquisitions in the express parcel industry will help alleviate downward pressure on rates, according to Petar Cvetkovic, CEO of Target Express.
The wave of consolidation that happened a few months ago was for “negative reasons” as franchise operations such as Hellmann and NCN went bankrupt, Cvetkovic said. “They were offering low headline rates that were not sustainable.”
In the last few weeks, UPS has acquired Lynx and Amtrak bought Nightspeed to grow their respective networks – a positive development for the sector, he believed.
Top-line revenue was failing to match volume growth at Target in the year to date, admitted Cvetkovic. He was strongly critical of one company “on a suicide mission” which, without even looking at copy invoices, had told shippers that whatever they were paying, it would charge 20% less.

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An Post’s solution will only make matters much worse

What is happening at An Post? Losses year after year, suspension of its direct-mail business for five weeks at Christmas and again at election time, repeated assertions that there is no need for postcodes, reduction in quality of service for single-piece mail, and non-payment of sustaining progress to their staff, writes Alex Pigot

Is the company a basket case or on a financial knife-edge?

The answer is emphatically no.

The company is sitting on a huge property portfolio last valued in their balance sheet in 1985 and has just sold its mobile phone top-up companies at a €70 million profit – so its balance sheet is financially solid and there’s cash in hand.

It is not, or at least it should not be, losing money and here’s why.

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