Tag: Mail Services

Japan Post to earn 300-900 bln yen by 2021

Posted by | Mar 7, 2005 | |

The four new entities that would be set up after the privatization of Japan Post in April 2007 will likely be earning a total annual pretax profit of 300-900 billion yen after 2017 when the transitional period is completed, according to government estimates. In estimating how much money privatized postal operations would make in new businesses, such as international shipping or stock brokering at post offices, the government assigned different degrees of achievement. If none of the new businesses has any success, the government estimated that the total annual pretax profit for the four firms would average 300 billion yen through 2021. If the entry into new businesses is only 50% successful, the government estimated the figure would reach 600 billion yen, reaching 900 billion yen if total success is achieved.

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France’s retired postal workers threaten EU vote

Posted by | Mar 7, 2005 | |

The traditional response by French workers to something they do not like is to take to the streets in protest, but the country’s retired postal staff have come up with a new way to make their anger felt.

Furious that the government has abolished long-standing perks – free home telephone lines and credit card subscriptions – 130,000 postal pensioners are threatening to vote “Non” in the May 29 referendum on the European Union constitution.

On January 1 their former state-owned employer, La Poste, ended the benefits worth EUR220 (GPB155) per pensioner per year, but which would have cost EUR700mil (GBP490mil) over pensioners’ lifetimes.

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Post Danmark recorded a profit after tax of DKK 546 mil-lion

Posted by | Mar 7, 2005 | |

The Post Danmark Group has just published its financial results for 2004, which show a profit after tax of DKK 546 million. This is DKK 249 million higher than in 2003 and the best result ever in the history of the company. Profit before tax was DKK 836 million in 2004 against DKK 466 million in 2003. The annual revenue level of DKK 11 billion has now been surpassed. In 2004, revenue rose by DKK 622 million (6 per cent) to DKK 11,227 million. ‘This is a highly satisfactory result, the groundwork for which was laid in the first quarter of the year, which was much better than expected. At the same time, we also managed to retain the satisfactory level of 2003 during the rest of the year with the result that we now can look back at 2004 as a year which in many fields points forward for Post Danmark‘, says Helge Israelsen, CEO, Post Danmark.

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Survey of UK Royal Mail distribution published

Posted by | Mar 7, 2005 | |

The Royal Mail needs to improve its game considerably if it is to keep an area of its business worth hundreds of thousands of pounds a year warned the CIPR’s Local Government Group today. Results of the CIPR Group’s survey of Members who use the Royal Mail to distribute their civic publications, published today, deliver a resounding ‘thumbs down’ for the quality of service received. The findings echo those found through earlier work carried out by LGcommunications, which represents local councils on matters relating to communications across the country. LGcommunications subsequently received a commitment from Royal Mail to address the issues of concern and for the best part of a year, has been working with the Royal Mail through a special joint working group to achieve improvements to their distribution service.

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Achieving an optimum flow in the sorting process

Posted by | Mar 7, 2005 | |

. From 14 to 6 streamlining the number of sorting centres
. Introducing standards and technology
. Delivering reliability to meet service targets and increase customer satisfaction
. Positioning for success in an increasingly competitive marketplace: automation as the foundation

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