Nightspeed award
For the sixth year in a row Tipton-based Nightspeed Secure Worldwide Express has won the Secure Parcel Carrier accreditation awarded by the Institute of Transport Management
Read MoreTag: Europe
Italy ICI payments via Poste Italiane website increase
Payments of the municipal property tax ICI carried out via the website of Italy’s state-owned postal services company Poste Italiane registered a considerable increase, totalling 75,000 in the first half of 2005. In the year 2004, on-line ICI payments totalled 57,000.
Read MoreUK Royal Mail beats delivery targets
Royal Mail produced its best performance in a decade during the first quarter of the year with more than nine out of 10 first and second class letters arriving on time, according to independent research results published yesterday.
The national postal operator delivered 93.4 per cent of first class letters the day after posting, beating its target of 93 per cent. Second class mail beat its target level of 98.5 per cent delivered within three working days with a 98.6 per cent performance. Although the figures did not cover all 14 of the performance goals set by Postcomm, the regulator, they reflect service levels for 90 per cent of Royal Mail’s volumes. Adam Crozier, Royal Mail’s chief executive, said: “Royal Mail is determined to do even better than the record quality of service our postmen and women are delivering. Independent research is showing our performance running at a world-class level but Royal Mail wants to be demonstrably the very best and most trusted postal service in the world.”
Netherlands cuts TNT stake to 10 percent
The Dutch State has cut its stake in mail and logistics company TNT by almost half to about 10 percent, which it plans to keep until the postal market in the Netherlands is fully liberalised. The finance ministry said it sold 43.4 million shares to ABN AMRO and Citigroup raising about 900 million euros (USD1.1 billion). Dealers said the banks were placing the shares in a range of 20.80 to 20.95 euros each. The deal is equivalent to about 30 days’ trading volume. TNT did not participate in the stake sale, a company spokeswoman said. In September, when the government last sold TNT shares to cut its stake to 19 percent, the company had bought back around a third of the shares.
Read MoreUK Business Post AGM trading update
At the AGM today of Business Post, the UK’s leading independent express delivery company, the Chairman, Peter Kane, will state: “In the first quarter of the financial year, to 30 June 2005, revenues in Parcel Services were 9% ahead of last year, benefiting from continued strong growth in HomeServe and the higher rates of growth in the International market for cross-border shipments. Revenues in Express were ahead of last year but affected by market conditions which continue to be challenging. Accordingly, a number of initiatives have been undertaken to reduce costs. Within Specialist Distribution Services, revenue growth was 15% and profit margins continued to improve within UK Pallets. UK Mail made further progress, trading ahead of expectations, increasing its market share to around 1.25%, and successfully launching its service for unsorted mail.
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