Tag: Mail Services

Deutsche Post CEO says FY 2004 sales top 40 bln eur, sees ‘further clear gain’

Posted by | Jan 19, 2005 | |

Deutsche Post World Net AG’s full-year 2004 sales rose to ‘far more than 40 bln eur’ and are expected to post a ‘further clear gain’ this year, chief executive Klaus Zumwinkel told Die Zeit newspaper. Zumwinkel also said the company may outsource the delivery division of its express mail DHL’s German operations to safeguard against volatile order situations. According to the newspaper, such a move would affect 10,000 jobs.

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Japan Post announces tie-up with Dutch mail giant TPG

Posted by | Jan 19, 2005 | |

Japan Post President Masaharu Ikuta formally announced on Wednesday that the public corporation has agreed to tie up with Dutch mail and logistics giant TPG NV. Ikuta also revealed in a press conference that Japan Post has been approached by several other foreign logistics and postal corporations for possible alliances, saying that the Japanese corporation “has no reason to reject proposals for friendly relations.” Although the current law does not allow Japan Post to make overseas investments or to forge full-fledged tie-ups with foreign firms, the public corporation cannot afford to just wait and do nothing until its privatization, for fears foreign logistics companies will grab a bigger slice of the Japanese market, Ikuta said.

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TNT, Murdoch to compete with UK Royal Mail

Posted by | Jan 19, 2005 | |

Rupert Murdoch has linked up with another giant of Australian business, TNT, in its bid to compete with Britain’s state-owned postal service Royal Mail. Transport and delivery company TNT has entered Britain’s letter market with its TNT Premier service which guarantees delivery in 48 hours and handles one million items a week. As its service expands and the market opens up, however, TNT and other private mail providers have complained about Royal Mail’s “dirty tricks” and uncompetitive behaviour. Murdoch’s pay TV network BSkyB is the latest of five major customers to defect from Royal Mail to TNT, including food distributor Booker and mail order firm Express Gifts, the British newspaper The Guardian reported.

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Polish Post a joint stock company

Posted by | Jan 19, 2005 | |

MPs from the Sejm’s infrastructure and treasury committees gave a green light to transforming the Poczta Polska (PP) Polish postal service into a company, owned solely by the State Treasury. The draft resolution stipulates that the Sejm agrees to this move but reserves the right to keep its option to sell PP’s shares in the future. “This is not a privatisation. We are giving PP a chance to change its legal status so that it will be able to compete with other companies on the market,” said Malgorzata Ostrowska of the Democratic Left Alliance (SLD). The Deputy Minister of Treasury, Wojciech Halka, also thinks that turning PP into a joint stock company will allow it to conduct necessary restructuring that will better prepare PP for competing on the liberalised postal services market.

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Japan Post and TPG of the Netherlands seeking alliance

Posted by | Jan 19, 2005 | |

Japan’s state postal service plans to form a business alliance with the Dutch post and logistics group TPG, a media report said Wednesday.

TPG executives have been holding talks here with Japan Post since Tuesday on details of the alliance expected to focus on international express services, the Jiji Press news agency reported.

No official was immediately available at Japan Post to confirm the report.

The two companies signed an agreement late last year to aim for a “strategic alliance to become leading players in the express and logistics market in Asia,” Jiji added.

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