Singapore Post and its joint venture partner Cisco Computer Security have put th year-old ID.Safe Pte digital certificate operation to sleep.
Apparently, the ambitious venture, whose goal was to certify, verify and authent electronic transactions, has proven to be a commercial failure.
The global transportation and logistics company Neptune Orient Lines Ltd (NOL) reported a loss for the full year 2001 of USD 57 million. This includes the one-off provision of USD 14 million for impairment in values, particularly of various non-core property investments.
Read MoreSINGAPORE Post has fully implemented homegrown NewsPage’s wireless Tracks solution in its island-wide courier package operations, making it one of the first postal agencies in the Asia-Pacific to deploy a wireless courier system.
Tracks allows information on the latest job status, collection and delivery to be updated into the backend system, said SingPost. The real-time information enables SingPost’s customers to trace their packages via the Internet, allowing SingPost to take prompt action to resolve problems.
FEDEX Express, the world’s largest express transportation company, received four major awards at the 16th Asian Freight Industry Awards 2002 organised by Cargonews Asia in Singapore recently.
The awards were for Best Air Cargo Carrier – North America, Best All Cargo Airline, Best Road Haulier (trucking) – Asia, and Best Total Logistics Operator.
The winners were chosen from nominations by 13,000 senior industry professionals throughout Asia to nominate the best companies in 37 categories denoting industry sector and the four major trading areas in the world, namely Asia, Europe, North America and the Middle East.
In the next presentation in the postal session, Perry Chao, senior vice president of UPS’s Asia Pacific region, highlighted the way the internet had ‘forever changed the competitive landscape’ for express operators, for example by enabling customers to research different suppliers and choose between them.
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