Tag: Mail Services

China Post Logistics Co. Ltd. and Hongkong Post Partnering for Logistics Service Provision in Greater China

Posted by | Apr 18, 2008 | |

The Postmaster General of Hongkong Post, Mr Tam Wing-pong today (April 18) announced the opening of the Hongkong Post Logistics Centre (Tuen Mun), which will provide warehousing and logistics service for the clients of China Post Logistics Co. Ltd.

The Vice President of China Post Group, Mr Liu Mingguang, and the Deputy General Manager of China Post Logistics Co. Ltd., Mr Li Kai, were invited as the guests of honor at the opening ceremony.

Mr Liu said, “China Post Logistics Co. Ltd. was established as a professional 3PL service provider by China Post Group in January, 2003. With the signing of the Memorandum of Understanding for Closer Business Co-operation between Hongkong Post and China Post Group in January 2007, we have fostered stronger collaboration in the logistics service by positioning Hongkong Post as the local logistics service arm and sales agent in Hong Kong when bidding for integrated logistics tender for Greater China Region and meeting growing market demand for cross border logistics service.”

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Russian Post Restarts Money Order Exchange

Posted by | Apr 18, 2008 | |

Russian Post has restarted it’s money order exchange with Moldova this month. The exchange was stopped two years ago due to technical problems. It had been running since 1997.

As before, money order exchange will be performed by the international system Secured Transfer of Electronic Financial Information (STEFI). Average delivery term to Moldova is 2 days. The maximum allowed is USD 3,000 in the national currency of the money order.

The cost is dependent on applicable tariff rates for international money orders. Russian Post also exchanges money orders with Azerbaijan, Armenia, Belarus, Kazakhstan, Kirghizia, Tajikistan, Turkmenistan, Uzbekistan, Ukraine, Latvia, Lithuania, Estonia, China and France.

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Contractors are antidote to US Postal Service's billion-dollar losses

Posted by | Apr 18, 2008 | |

Last year, the U.S. Postal Service lost USD 5 billion.

The Postal Service used to be able to simply raise stamp prices to deal with financial trouble. The cost of a First Class stamp has risen more than 30 percent in the past ten years.

But thanks to reform legislation passed in 2006 which limits postage increases for monopoly products to the annual rate of inflation, the Postal Service can no longer rely on ordinary stamp-buyers to balance its ledger.

And although USPS revenues are climbing each year, they’re unlikely to climb high enough to get the agency out of the red, given current trends. First Class mail volume is declining, and higher prices will only exacerbate that trend.

To right the ship, the Postal Service must cut spending. Since labor costs account for a full 80 percent of the Postal Service’s expenses, they’re the best place to start.

Private contractors can and should play a role in bringing down these costs. Clearly, Postal Service management has recognized this, as it has made outsourcing and contracting a major component in its strategy to keep costs under control.

The Postal Service mostly uses contractors for new routes. And there’s plenty of work to go around. Each year, 1.8 million delivery points are added to the mail network, mostly in rural areas.

The Postal Service is now looking to contract with the private sector to sort and transport bulk mail and parcels. Currently, a national network of USPS facilities manages these tasks. The prospect of private firms taking on these duties has elicited heated responses from the leaders of postal labor unions, but employing contractors for both sorting and delivery could do wonders to help USPS keep costs under control.

In the last round of union negotiations, management agreed to a temporary moratorium on outsourcing, under the assumption that a more permanent arrangement would be worked out in future negations.

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Posteurop visits Haypost

Posted by | Apr 18, 2008 | |

The Chairman of PostEurop Mr. Bernard Damiens, and the Secretary General of PostEurop Mr. Ingemar Persson will pay a visit to HayPost on April 15 and 16. The purpose of their visit will be to introduce PostEurop action plans to HayPost. The leaders of PostEurop will meet with HayPost management and several key ministers during their two-day visit to become acquainted with the transformation progresses of HayPost and to identify key cooperation and strategic programs for European postal integration.

As part of its objectives of building HayPost into a world-leading postal and financial service company, HayPost formally became the 45th member of PostEurop – an Association of 48 European public postal operators with the intention to optimize postal operations and postal services in Europe, and to foster greater cooperation between its Members. As a new member of PostEurop, HayPost will acquire lessons from the PostEurop networking tools to quickly improve the quality and standards of its services.

The leaders of PostEurop will participate in officially launching the new HayPost Training Center on April 15 developed with the purpose of increasing the quality of HayPost’s human capital, followed by an official opening of the newly renovated post office No. 68 on April 16.

The PostEurop Chairman and Secretary General will also personally meet with RA Minister of Trade and Economic Development, Nerses Yeritsyan, and State Property Management Head, Karine Kirakosyan, as well as meet with HayPost management and staff.

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UK Competition in Delivery

Posted by | Apr 17, 2008 | |

Postcomm is seeking views on potential barriers to competition in delivery, the so-called ‘final mile’ in the UK postal sector.

As part of the regulator’s forward work plan it is assessing the potential benefits of delivery competition, particularly in ensuring a healthy universal service and supporting a range of reliable, innovative and efficient postal services, including a universal service reflecting the needs of users, valued by customers, and delivered through a successful Royal Mail and a sustainable competitive market.

While competition through access agreements has developed quickly since Royal Mail negotiated the first such agreement in 2004, competition in delivery has actually declined for the last two years.

Postcomm has already identified a number of possible barriers, and the regulator is seeking views on new and emerging issues affecting the growth of competition in delivery.

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