Tag: Europe

Outrage as Royal Mail boss Adam Crozier picks up GBP 3m pay

Posted by | May 24, 2008 | |

Royal Mail boss Adam Crozier raked in GBP 3million last year as his company closed 2500 post offices, it was revealed yesterday.

And last night, the chief executive and other bosses were accused of rewarding themselves for failure.

The figures released yesterday showed Crozier’s basic salary in 2007-8 remained unchanged at GBP 633,000, but this was increased to GBP 843,000 because of an annual performance bonus and other benefits.

He also got GBP 1.99million for a long-term incentive plan covering three years and a cash supplement in lieu of pension of GBP 208,000, according to the Royal Mail annual report.

Royal Mail chairman Allan Leighton, whose pay and bonus remained at GBP 200,000, said of Crozier’s salary: “The payment covers three years during which the group has consistently exceeded expectations and met all the targets set by the shareholder.”

The annual report also revealed that Ian Griffiths, who left his job as managing director of the letters business last year, received GBP 500,000 as compensation for loss of office – after doing the job for only a year.

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Call to save Royal Mail by levy on rivals

Posted by | May 23, 2008 | |

The UK Government was urged last night to prepare to impose a levy on Royal Mail’s competitors to keep universal letter deliveries going — or risk the collapse of the service.

The warning came after Business Secretary John Hutton renewed the government’s commitment to a universal service — a nationwide delivery service at a single tariff — but insisted he must not pre-empt a study into Royal Mail’s future.

His comments followed publication of a report from a team in his department warning that opening up postal markets to competition has only benefited large companies, not small businesses or consumers.

The team warned Royal Mail’s financial stability is at risk and the present arrangement under which it is required to provide a universal service, while its competitors are not, is untenable. It is going on to consider whether there should be a levy on Royal Mail’s competitors to pay for the universal service obligation or whether the solution should be more radical and involve breaking up Royal Mail itself, with a separate body providing a simple delivery service at the expense of all the competing mail companies.

The issue was raised by Orkney and Shetland Liberal Democrat MP Alistair Carmichael, who urged that work on planning a levy to support the universal service should start now “because if we wait for further conclusions it might be too late”.

The Post Office is expected next week to announce the closure of dozens of branches in the north-east and Tayside. It has confirmed decisions to close 16 branches in the Northern and Western Isles on top of 38 in the Highlands and 40 in Argyll and Bute, Falkirk, Stirling and Greater Glasgow.

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DPD to hike prices for parcel deliveries instead of parcel shops expansion

Posted by | May 23, 2008 | |

DPD has stopped the expansion of its parcel shops in Germany and is instead planning to increase prices for parcel deliveries to cope with the rising fuel costs, DPD CEO Arnold Schroven told the German newspaper Frankfurter Allgemeine Zeitung in an interview this week.

In the beginning of April, the company had announced that it would continue its strategic growth by opening another 1,500 parcel shops in Germany by the end of 2008 in addition to its existing 3,000 retail outlets. Meanwhile, DPD has surprisingly changed its strategy and is now planning to invest in the development of a new express delivery service and to concentrate on its international parcels business. In both segments, the company generates considerably higher profits than in the domestic parcels business, Arnold Schroven further explained. He added that the company was under pressure as it couldn’t fully implement the price increase of 4 pct for parcel deliveries planned for this year.

In view of the rising transport costs, further increases in parcel deliveries between business clients – the company’s core service – are unavoidable from 2009, Schroven said.

From October this year, the company plans to increase the prices for a single parcel by 3 cents due to the government plans to hike truck toll fees. As a result of the price increase, Schroven expects an annual revenue growth of 50 pct in the express sector. Currently, DPD’s express division accounts only for 5 pct of the total group revenues.

Last year, the company’s sales grew more than 5 pct, exceeding EUR 1 billion revenues for the first time.

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Chronopost extends geographical coverage of delivery service (FRA)

Posted by | May 23, 2008 | |

Chronopost has extended the geographical coverage of its next-day delivery service “Chrono 10” providing next-day delivery before 10 a.m now covering all important cities and regions in France.

More than 1000 new French “communes” will be accessible with this service offered to contract customers and customers of the Chronopost online shop.

“Chrono 10” delivers parcels to all destinations nationwide from Monday to Saturday and covers 6000 communes from a total of 36000 French communes representing the last subdivision of 100 départments and 26 regions in France. The new cities covered by the extended service include Le Havre, Perpignan, Nancy, Monaco, Angers and Lorient.

“The optimisation of the coverage will strengthen our next-morning delivery service. Thus we are responding to our customers’ demands for parcel delivery in the service and industry sectors. For certain types of shipments, it is essential that the parcel arrives in the beginning of the working day”, said Chronopost CEO Christian Emery.

Founded in 1985, Chronopost is specialized in express delivery of parcels up to 30 kg to companies and private customers worldwide. In 2007, the company generated revenues of EUR 587 million. It has a nationwide network of 76 operational sites including 6 hubs and employs 3500 people.

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Post-Expo Survey – World Postal Survey Announced

Posted by | May 23, 2008 | |

Are things getting better or worse? This is the sixth world postal survey and it is about the health and state of the postal world. It has become a regular feature on the annual postal calendar as a “barometer of confidence in the postal industry”. The results for 2008 will be announced at Post Expo 2008 in London. As in previous years, it is designed to capture the morale and expectation of as many people in the industry as possible.
Simply indicate one answer for each of the questions – it should be possible to complete it in just a few minutes and we welcome responses from any person who works in any company or organisation that is part of the postal industry. Everyone’s views are valid, whatever position they hold, as this is simply about your perception.

http://www.postexpo.com/postsurvey/

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