Tag: Mail Services

Shock figures reveal An Post will halt losses

Posted by | Nov 14, 2004 | |

An Post, Ireland’s deeply troubled postal service, is heading for a surprise break-even profit figure for this year. As the nation is threatened by a postal strike at its peak Christmas period, the news is bound to strengthen management’s hands during critical negotiations with the unions. This weekend, workers are balloting on industrial action. Sources at An Post have told the Sunday Independent that the shock turnaround from last year’s losses of 43m is due to once-off savings, unlikely to be repeated in 2005 unless the unions agree to a productivity deal.

Read More

Hong Kong postal service posts first profit in 6 years

Posted by | Nov 13, 2004 | |

The Sars outbreak has helped deliver Hongkong Post its first profit in six years. Postmaster-General Allan Chiang Yam-wang said more online purchases and an increase in deliveries during the outbreak contributed to the service reaping a HKD17 million profit last financial year. New revenue-raising measures and job cuts were also major factors in the turnaround. The post office recorded revenue of HKD3.53 billion in 2003-04, an increase of HKD23 million from HKD3.51 billion in the previous year. At the same time, it reduced expenditure by HKD47 million, from HKD3.56 billion in 2002-03 to $3.51 billion last year.

Read More

UK Royal Mail strikes deal with councils

Posted by | Nov 12, 2004 | |

Local authorities can expect cheaper and better-targeted distribution of their printed comms material following a deal struck with Royal Mail. Royal Mail has agreed to extend the periods for which councils can book it to distribute their materials to two years. It has also allocated distribution according to council boundaries rather than by postcodes, said LG Communications secretary and treasurer Kevin Wilson. The deal was struck between PROs from councils including Staffordshire, West Sussex and Surrey, and Royal Mail national sales manager Tim Cable, in Milton Keynes last week.

Read More

German postal workers reject part-time contracts

Posted by | Nov 11, 2004 | |

German postal service provider Deutsche Post has met with resistance from the union Ver.di over plans to introduce part-time only work in its letter delivery division. Deutsche Post, which currently employs more than 65,000 post men and women, says part-time contracts are the only way to reduce costs and make Deutsche Post more competitive before the group loses its current letter delivery monopoly in Germany in 2007. Europe’s largest postal group is contractually bound to guarantee jobs until 31 March 2008, putting redundancies out of the question as a cost-cutting measure.

Read More

EU urges Japan to liberalize postal services

Posted by | Nov 11, 2004 | |

The European Union on Thursday urged Japan to reform its huge postal service that the EU says has an unfair edge over private-sector companies, Jiji Press reported. In high-level financial talks between the two sides, Japan gave assurances that the nation’s postal delivery, banking and insurance businesses, once privatized, would be treated as private firms, the news agency said.
Privatization of the massive post office, which manages some 355 trln yen in savings and insurance funds, is a cherished project of Prime Minister Junichiro Koizumi. The EU also expressed objection to Tokyo’s plans to restrict the sale of prepaid mobile phone cards, which are widely used in the EU but also used by scam artists in Japan.

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