Tag: Mail Services

Magyar Post commits to the GHG reduction Programme

Magyar Posta joins the Green House Gas Reduction Programme. They are the 15th member to agree to an ambitious average 10 pct reduction of greenhouse gas emissions over the next five years.

The postal sector in Europe, through the very nature of its activities, has an impact on the environment, mostly in the form of greenhouse gas emissions. Most of these CO2 emissions result from the use of road transport, aviation and building energy usage also contributing significantly.

There is however considerable scope for improvement and as a vital sector of the European economy, the postal sector is committed to providing an example, by working closely with customers, suppliers and other stakeholders in order to reduce the whole sector’s impact in Europe and worldwide.

Elaborated by PostEurop’s Environment Working Group under the authority of the Social Responsibility Committee, the Greenhouse Gas Reduction Programme is fully in line with the Kyoto Protocol and the European Climate Change Programme targets. Its aim is to measure and assess the reduction efforts of participating postal operators and to create synergies by exchanging best practices in that field.

Read More

Swiss Post subsidiary MailSource UK Ltd acquires UK-based Graphic Data Ltd

MailSource UK Ltd, a subsidiary of Swiss Post, has acquired Graphic Data Ltd – a company with 200 employees that specializes in digital document management. It has thus significantly expanded its outsourcing potential in the mailroom services segment for large companies. It can now offer complete work flows, including the electronic input, processing and digital archiving of documents, from a single source. These services – usually provided on a centralized basis – are increasingly being offered internationally. MailSource UK Ltd has already worked together with Graphic Data Ltd – a company well established in the British market – since 2006 in the form of a strategic partnership. The acquisition brings the number of employees working for MailSource UK in Britain to over 1,100.

By acquiring Graphic Data Ltd – based in Milton Keynes, near London – MailSource UK Ltd, a wholly owned subsidiary of Swiss Post, is expanding the physical part of its document flows with digital processes. Primarily specialised in internal mailroom services, MailSource UK Ltd will now be able to handle the entire outsourced document management process for companies from a single source: from incoming mail and in-house forwarding through digitization (scanning) and integration into the electronic workflow to the electronic archiving of documents. This will greatly increase the competitiveness of the document solutions provided by MailSource UK, because large customers are increasingly willing to choose solutions that integrate the processing of both physical and digital mail. They also require services to extend beyond national borders to include several locations.

Read More

USPS to purchase new sorting equipment

The U.S. Postal Service Board of Governors approved funding to purchase The 550 Advanced Facer Canceller System (AFCS) technology to postmark letters faster and sort them better. These machines will replace existing sorters operating on 1980s technology.
The AFCS machine locates a stamp’s phosphorescent ink and uses it to position the letter for postmarking on the upper right corner of the envelope. It then sends the letter to one of seven bins for additional sorting.

The new machines will be 15 pct faster, apply barcodes, and process broader-sized letters before sorting them to one of 12 destination bins, according to the USPS. The additional bins will reduce downstream processing needs for about 20 pct of the mail.

The equipment will be deployed between May 2010 and July 2011.

Read More

French Postal Bank reports higher 2007 results

France’s Banque Postale, the state-owned post office bank launched in 2006, reported a rise in earnings in 2007, despite strong competition, and said it would start offering consumer loans in 2009 or 2010.

The bank said its net attributable income grew 9.4 percent to 539.6 million euros (USD 843.2 million).

Last week it reported net banking income was 4.745 billion euros, up 2.2 percent or 5 percent when stripping out provisions and a gain on the sale of shares in Euronext.

Banque Postale, which is a subsidiary of the postal service with branches in post offices, said the year had seen heightened competition.

But it won 830,000 new accounts and now has 11 million postal accounts and 9.3 million active clients.

Other French banks such as BNP Paribas, Societe Generale SocGen or Credit Agricole lobbied against the creation of the post office bank because it was the only entity able to offer so-called Livret A savings accounts.

But since 2007 all banks can offer this account which offers tax benefits.

Chairman Patrick Werner said in a statement that 2008 would see a new boost for the group with a refreshed Internet site. Consumer credit sales were due to start in 2009 or 2010.

The bank also has several partnerships and can offer mortgages through the branch network of the MatMut mutual insurance group from CNP Assurances, in which it has an indirect stake of some 17.5 percent.

Read More

Mintel Report: Credit card mailing volume continues to decrease

The estimated amount of direct mail sent by credit card companies in the United States dropped 3 pct from December 2007 to January 2008, according to research from Mintel Comperemedia, a media monitoring service.

The decrease is representative of a trend that first started in October. According to the report, mail sent by credit card companies has declined by 19 pct since October of 2007. Mintel Comperemedia speculated that the change in mail volume is the result of an “unsteady, unsure market.”

From December 2007 to January 2008, direct mail sent to current cardholders dropped by 30 pct, the report said. In contrast, mailings to non-customers increased by 7 pct.

During the same period last year, direct mail sent by credit card companies increased by 7 pct, Hronek said. Overall, there were more offers sent to both non-customers and existing customers last year. However, the year before that, from December 2005 to January 2006, there was a decrease of 5 pct, she added.

Not every credit card company decreased its direct mail efforts from December 2007 to January 2008. Six of the top 10 mailers of 2007 actually increased mailings to non-customers from December to January, Mintel Comperemedia said. However, four out of the 10 reduced mailings to non-customers and existing cardholders.

These top ten mailers included in the report were Chase, Bank of America, Citibank, HSBC, American Express, Capital One Bank, Discover, Washington Mutual, Barclays Bank and First Premier Bank, Hronek said.

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!



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.

 

Pin It on Pinterest