Tag: Standard Mail

Royal Mail: Half year trading statement 2008-09 (UK)

Royal Mail Group’s operating profit more than doubled from GBP 86 million to GBP 177 million in the first half of the 2008-09 financial year compared to the same period the previous year despite a further fall in mail volumes, the company announced today.

The strong financial performance came alongside a rise in customer quality of service with the most recent figures showing the vast bulk of mail hitting or exceeding its targets.

Operating profit grew by GBP 91 million in the first half of the year compared to the same period last year. The company’s continued focus on reducing overheads as competitive and economic pressures mount played a significant role in the financial uplift with reductions in IT and other costs in the Post Office network and efficiency gains in the Royal Mail Letters business.

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Logistics and ICT ensure growth in Norway Post

Acquisitions and an increase in volume in the Logistics and ICT segments led to the operating revenues for the first three quarters of 2008 increasing by 7 percent compared to the same period in 2007. The total operating revenues came to NOK 20.8 billion.

The combined operating revenues increased by NOK 1.4 billion, of which acquired companies contributed MNOK 721 (53 percent) while the Group’s organic growth contributed MNOK 679 (47 percent).

The Group’s earnings before non-recurring items and impairment losses (EBITE) as at 30 September 2008 came to MNOK 345, a reduction from the MNOK 414 on the same date in 2007. This reduction is mainly due to lower volumes of mail advertising and banking transactions, a change in the mix of letter products, increased personnel and transport costs and the investment in the new brand. The EBIT from logistics and ICT operations increased.

”The Group’s ICT and Logistics segments have grown and their earnings have increased, while the Post segment is affected by a decline in volume and increased personnel and transport costs which cannot be compensated for by corresponding increases in the revenues,” says Group CEO Dag Mejdell.

1 USD = 7.17428 NOK

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Postal reform necessary

There must be deliberate policy in place as part of the repositioning of the Barbados Postal Service to ensure that the development and management of human capital is paramount.
This was the call from Attorney-General and Minister of Home Affairs, Freundel Stuart, as he addressed postal workers and guests at the Barbados Postal Service Retirement Banquet at the Plantation Restaurant recently.
Making the observation that postal reform had become necessary for all postal institutions, a process shortly to be resuscitated in Barbados, the Home Affairs Minister said several dynamics, including human resource development, came into focus.
He said postal services traditionally have been institutions established on the basis of legally protected public monopolies, and were now faced with the challenges of a technological revolution, globalisation and the opening up to competition in respect of the services they provide.
Among the dynamics impacting on modern postal development, Stuart said, were the principles of management independence, enhancing business/commercial strategies, improving operations, meeting customer needs through enhancing quality of service, and development and management of human resources.
That employees are the backbone of an organisation, are its most valuable asset, and not infrequently, its single largest investment, is an axiom of modern-day business enterprise. It must therefore be deliberate policy in the postal reform process that due attention be paid to development and management of our human capital, and as any good human resource practitioner would propose one must ensure a suitable staff complement, appropriate recruitment processes, personal and professional development, adequate compensation and appraisal systems and the like, Stuart said.
Noting that the present loss of human resource capital to retirement was significant for the Barbados Postal Service, Stuart said he hoped that appropriate succession planning had been undertaken to smooth the process and to minimise any negative impact on the organisation.
The Barbados Postal Service presently boasts a staff complement of six hundred, but Stuart said the loss of eighteen officers to retirement over a two-year period was nonetheless significant considering that this exodus represented a combined total of five hundred and five years of service. Three of those retirees, had each given in excess of forty years of service.
Furthermore, positions lost to retirement involve eight ranks ranging from as high as Assistant Postmaster General to postmen, affecting a wide range of activities across the Post Office.
This loss will undoubtedly be felt given the unmistakable value to the organisation of such a vast level of experience, Stuart said.

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Canada Post signals changes for postal delivery

UNI’s Canadian affiliate, CUPW has advised that Canada Post has told the union that it is to introduce a technology update programme, called “Modern Post”. A central part of Canada Post’s “Modern Post” automation program is the new delivery model for letter carriers and Mail Sorting Centres. The main points of this new model include:
• 80pct of letter carrier routes in major urban areas to be affected, as well as about 35pct of all RSMC routes.
• About 90pct of letter-sized mail will be sequenced to line of delivery by machines in plants.
• Two or three letter carriers will use each A-62 case in shifts to sort the rest of the letter mail, flats, and packets.
• 80-85pct of letter carrier routes would be motorized where the new “Delivery Model” is in place.
• Motorized letter carrier routes would deliver all items for their delivery area, including parcels.
• Foot routes will remain in high density areas, generally the downtown core of cities with MSC parcel delivery in these areas.

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Potter names Gilligan Acting Chief Postal Inspector

USPS’ Post Master General (PMG) Jack Potter has announced the appointment of William Gilligan as Acting Chief Postal Inspector to replace Chief Postal Inspector Al Lazaroff, who retires Nov. 3.
Gilligan has been the Deputy General Counsel at Headquarters since May 2000. He began his postal career in 1973 as a clerk-carrier in Philadelphia. Gilligan worked as a postal police officer and an Inspection Service analyst prior to becoming an attorney in 1987.

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