Tag: Mail Services

UK Postal workers set for bonus after finances boost

Posted by | Nov 18, 2004 | |

Postal workers are on course for a GBP800 bonus after the Royal Mail today reported a huge improvement in its finances and more reliable deliveries. The postal organisation is making GBP1 million a day – as opposed to losing the same amount two years ago – and is delivering more than nine out of 10 first class letters the following day. But chairman Allan Leighton admitted that “tough decisions” would still have to be taken to keep the group on course for a full-year profit of GBP400 million, which will trigger the payouts to staff next year.

Read More

UK Royal Mail improves but continutes to fail

Posted by | Nov 18, 2004 | |

In the first six months of 2004/05 Royal Mail have failed to achieve 14 of their 15 minimum performance targets. Compared with the same period last year services across the board have deteriorated. With only one service (Mailsort 3) showing an improvement. During the first six months of last year the all-important 1st class mail performance was above the 92.5 per cent target at 92.7 per cent delivered next day. This year the figure has slumped to 90.4 per cent. Over 200 million 1st class letters were not delivered next day. Peter Carr, Chairman of Postwatch commenting on the poor service levels said: “Customers are facing new price increases whilst service standards continue to fail the targets – yet Royal Mail profits are expected to double to GBP400 million plus.

Read More

Postcomm grants a long term licence to AMP

Posted by | Nov 18, 2004 | |

Postcomm today granted a long term licence to Alternative Mail & Parcels Limited (AMP), to provide bulk mail, consolidated mail and tracked business-to-business mail services. AMP is a sister company of Datarun, which holds an interim licence, restricted to a pilot scheme of a minimum of 12 months’ duration. This will be revoked. AMP’s long term licence has a minimum life of seven years.

Read More

An Post seeks LRC role in delivery row

Posted by | Nov 17, 2004 | |

Management at An Post has sought the immediate intervention of the Labour Relations Commission (LRC) to try to secure agreement on Christmas mail deliveries. The move was made yesterday as a row erupted on a separate front over the company’s decision to close its SDS parcel and courier service. The Communications Workers’ Union (CWU), citing a consultants’ report, claimed the decision was based on flawed financial projections and called for an independent inquiry. Executives of the company called a press conference to reject the allegation and accused the union of “not living in the real world”.

Read More

Gov’t projects Japan Post spin-offs’ profit to decline over 10 yrs

Posted by | Nov 17, 2004 | |

The government projected Wednesday that all four spin-offs of Japan Post will be in the black in fiscal 2008 but, without new business, profits at three units will decline by the time the postal privatization process is completed in fiscal 2016. According to the estimate released by postal reform minister Heizo Takenaka, only the spin-off in charge of postal insurance will be in the red in fiscal 2007, when the 10-year privatization process begins. The remaining three will take over mail delivery, postal savings and post office network management from Japan Post. The projection is based on the assumption that the four entities do not start new businesses. “The business environment (for the Japan Post spin-offs) will become severe in 10 years. It is necessary to increase freedom in their management during that period,” Takenaka told a press conference, indicating his view that it is inevitable the entities will start new businesses.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest