Tag: Mail Services

Japan Post chief pushes reforms as prime minister pushes

Posted by | Sep 30, 2003 | |

The president of Japan’s postal service has promised to carry out far-reaching reforms to make his business profitable in four years, but stopped short of backing Prime Minister Junichiro Koizumi’s proposal to privatize the company.

Masaharu Ikuta, former chairman of shipping company Mitsui O.S.K. Lines, was hand-picked by Koizumi to be president of Japan Post six months ago when the government agency became a public corporation.

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Regulator fines Royal Mail GBP7.5 million – Royal Mail comment

Posted by | Sep 30, 2003 | |

Commenting on Postcomm’s announcement today that it intends to fine Royal Mail GBP7.5 million for failing the licence targets last year for two First Class business mail services, Royal Mail’s Chief Executive Adam Crozier said: “This heavy GBP7.5 million fine further tightens the financial pressure on Royal Mail. It underlines the need for us to get on with the changes that will deliver efficiency savings and better services to customers. While Royal Mail has reported last month some of its best customer service for five years, we realise we have to perform even better to avoid further fines, potentially even greater than GBP7.5 million.

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An Post loses out as firms use Royal Mail

Posted by | Sep 30, 2003 | |

An Post is taking legal advice after discovering that several companies are posting mail to their Irish customers via Britain in order to avail of cheaper rates.

Companies can save thousands of Euros by transferring their mail to Britain and getting the Royal Mail to post it back to Ireland. Companies can get rates of between 27 cents and 30 cents per letter in Britain; whereas it costs 39 cents a letter to post bulk mail within the Republic.

If a company sends 220,000 letters via Britain to its Irish customers it could save up to EUR22,000. For companies using regular mailshots during the year, savings could be significant.

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Half Russian Post offices to get internet access by 2010

Posted by | Sep 30, 2003 | |

Half of all post offices in Russia will offer customers access to the Internet as early as 2010. Within the framework of the Federal program “Electronic Russia” the number of such post offices will increase from 7% of their total number to 50%, or 19.2 thousand, according to Oleg Byakhov.

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Japan Post to cut 17,000 jobs as it prepares for privatisation

Posted by | Sep 30, 2003 | |

Japan’s mammoth postal service will cut its workforce by 17,000 by March 2005 to prepare for full privatisation, a key reform pledge of Prime Minister Junichiro Koizumi, its new head said.

In the biggest change in the 132-year history of the postal services, Japan Post was revamped as a corporation in April this year as a first step towards full privatisation targetted for 2007.

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