Tag: Mail Services

World Airways new contract with USPS

Posted by | Sep 5, 2003 | |

World Airways today announced that it has been selected by the U.S. Postal Service to operate at least eight all-cargo flights between Newark, New Jersey and Bahrain during the month of September. The award is the result of a competitive bid solicitation issued by the U.S. Postal Service, and flights, using DC-10-30F aircraft, will carry U.S. mail to and from American service personnel serving in Iraq.

Hollis Harris, chairman and chief executive officer of World Airways, said, “We believe that World’s past record of reliability and performance for the U.S. Postal Service was a major reason for our selection to handle this contract. We look forward to working with the U.S. Postal Service on this important program, and we hope to continue to be a partner for future opportunities.”

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UK Post Offices may lose out from switch to direct banking

Posted by | Sep 5, 2003 | |

Post offices could lose almost half their income because of the government’s decision to pay benefits directly into bank accounts, subpostmasters have warned.

“Fifteen million people each week currently draw their pension over the counter of a post office. If direct payment replaces all of this business, the worst case scenario is that subpostmasters will lose up to 45% of their income,” said Colin Baker, general secretary of the National Federation of Subpostmasters.

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China Post's market share to erode further amid foreign rivalry

Posted by | Sep 4, 2003 | |

China’s State Post Bureau (China Post) will maintain its dominance in the domestic courier service sector in the coming years, but will see its market share in international express mail forwarding further eroded by increased foreign rivalry.

To protect the local industry, the Chinese government bans foreign forwarding firms from the domestic express mail delivery sector and only allows them to offer international courier service through joint ventures with local partners, Zhang Guotian, an analyst with China Merchants Securities said.

However, restrictions have failed to curb foreign firms rapidly expanding in the country, Zhang said.

Major global players, such as DHL Worldwide Express, FedEx Corp, United Parcel Service Inc and TNT Express, have grabbed a 62% combined market share in the international forwarding service sector over the past 10 years.

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Czech Post Office To Lose Some Of Its Monopoly

Posted by | Sep 4, 2003 | |

The monopoly of state-owned Czech Post Office Ceska posta (CP) will weaken again next May, as the cabinet has decided to cut the maximum weight of consignments that CP delivers as the only company on the market, IT Ministry spokeswoman Klara Volna told CTK today.

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Ireland's An Post accused of misleading Govt

Posted by | Sep 4, 2003 | |

Beleaguered State postal service An Post has come under fire again, this time from the Government which has accused it of providing “seriously inaccurate” information about its worsening financial situation.

In a scathing letter sent by Communications Minister Dermot Ahern to An Post chairwoman Margaret McGinley, concern is expressed at the jump in the company’s losses at a time when its finances were supposedly under control.

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