Tag: Europe

Royal Mail quality of service report shows large majority of mail hitting or beating target (UK)

Posted by | Aug 29, 2008 | |

Royal Mail’s quality of service report for the spring quarter of 2008 shows more than 90 pct of all mail hitting or exceeding target.

Mailsort and Presstream bulk mail services beat their targets along with First and Second Class PPI (Postage Paid Impression) mail and Standard parcels. The report showed 91.9 pct of stamped First Class Mail arrived the day after posting – against a target of 93.0 pct – while 98.7 pct of Second Class mail arrived within three working days, ahead of the 98.5 pct target.

The report published covers the first three months of the 2008-09 financial year but the most recent figures covering July show that First Class stamped mail is again beating its 93.0 pct target level.

Ninian Wilson, Royal Mail’s Operations Director, said: “Royal Mail’s postmen and women put a huge effort into getting First Class stamped mail back above target level and the latest results show their hard work has paid off but we will not relax and are determined to keep delivering the best possible service to all our customers.”

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CTT increases financial results and improves the quality of service

Posted by | Aug 28, 2008 | |

CTT Correios de Portugal announced a growth of 14,9 pct , an amount of 31,6 million euro of net profit, in the first half of 2008 compared to the same period of last year.

The consolidated operating revenue of the group in 2007 rose by 4.1 pct reaching 427.1 million euro. All business areas contributed to this positive variation, standing out the CEP segment by means of the ctt expresso and tourline express, which had a variation of 9.6 pct. The evolution of the company mother was also positive (+3 pct).

The global quality indicator reached at the end of the semester a performance of 188,2 compared to 138,8 at the same period in 2007. The increase of this indicator shows the commitment of the workers and the effort of the organization in improving operational procedures.

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DHL Sweden company cars to be eco-friendly

Posted by | Aug 28, 2008 | |

DHL Sweden will invest in a fleet of company cars consisting entirely of environmentally friendly vehicles. The current fleet consists of 439 vehicles, of which 44 percent already run on alternative fuels. This is the start of a long line of environmental projects as part of GOGREEN, DHL’s global environmental program.

The intention is that by 2020 at the latest, DHL will have reduced its carbon dioxide emissions by 30 percent in comparison to 2007 levels.

Currently DHL in Sweden has a total of 439 company cars, of which 193, or approximately 44 percent, are clean cars. Common environmentally friendly models within the DHL company car fleet are the SAAB 9-3 BioPower, the SAAB 9-5 BioPower and the Volvo V70 Flexifuel.

DHL is to use the Vägverket (Swedish National Road Administration) list of environmentally friendly vehicles, and from now on all company cars that are leased out to employees must be environmentally friendly. Within three years at the very latest, current non-environmentally friendly company cars should also have been replaced with alternatives that meet stricter environmental requirements.

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Deutsche Post confirms 1 bln eur payment by govt earmarked for shareholders

Posted by | Aug 28, 2008 | |

A spokeswoman for Deutsche Post World Net AG. reiterated the company is earmarking for shareholders the some 1 billion euros it has received from the German government as a payment related to a ruling on state aid.
The European Union’s second highest court July 1 said Deutsche Post did not have to repay 572 million euros in state aid received by the German government, as ruled by the European Commission in 2002.
The EU Commission had ruled that Deutsche Post had used the money to subsidise its parcel operations instead of using it to provide the universal service it is obliged to offer to ensure mail is delivered to remote regions.
Adding interest, Deutsche Post could claim back 1 billion euros and has now received the payment.
Deutsche Post at the time said it will preferably pay out the payment to shareholders ‘pending clarity on other cash-relevant issues’.

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France's La Poste plans to raise capital

Posted by | Aug 28, 2008 | |

France’s La Poste aims to raise up to euro3 billion (USD 4.43 billion) through a capital increase to finance its development ahead of the opening of the European postal industry to full competition in 2011, the state-controlled mail carrier’s chief executive said.

La Poste, Europe’s second largest mail carrier with annual sales of euro20.8 billion (USD 30.7 billion), plans to launch the capital hike in 2010, via either a sale of a stake in its capital to one or more institutional partners or a public offering of shares to retail investors and employees, Jean-Paul Bailly said at a news conference.

La Poste must first negotiate a change in its legal status from state-run enterprise to limited liability company, which is planned by the end of 2009, Bailly said.

“This morning I informed the board of directors of a plan to rapidly propose this project to the government,” Bailly said. La Poste needs approval from the government to go ahead with the plan.

In a statement, French Prime Minister Francois Fillon said the government would make a decision in the coming weeks.

Bailly said it was “premature” to say what share of La Poste’s capital would be sold to investors, or to speculate on the company’s valuation. French press reports last month suggested the company could be valued at around euro10 billion (USD14.8 billion) and that a 20 percent stake could be sold.

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