Tag: UK

Printers secure as Royal Mail offers bulk mail opt out during strikes

Posted by | Sep 28, 2007 | |

It should be business as usual for bulk mail printers as Royal Mail has announced the suspension of door drops for unaddressed mail during next month’s strikes to allow customers to make alternative arrangements for delivery.

The company is suspending its activities for the weeks beginning 8, 15, and 22 October, during which the Communication Workers Union (CWU) has scheduled a series of 48-hour strikes.

The company said in a statement: “The CWU’s strike action, which is designed to damage Royal Mail, its customers and its people, will make it impossible for us to deliver the services normally to our customers and we are taking steps now to give customers in the fully competitive door to door market the opportunity to change their mailing plans or, if necessary, make alternative arrangements.”

Direct Marketing Agency head of postal affairs Alex Walsh was confident that mailers would have no problem finding alternative means of delivery.

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Reorganization of the MORY TEAM Management Team

Posted by | Sep 27, 2007 | |

The Chief Executive Officer, Alain Bréau, has just implemented a new managerial team, on the beginning of this year.
He is now helped by:

– Lionel Radenne, new General Manager of the MORY TEAM network (replacing C. Thiébaud-Girard who left the company)

– Jean-Christophe Bernard, new Production Manager, in charge of the transportation plan and technical means

– Wim de Klerk, new Manager for International Activities, who takes the leadership on the International Platforms

– In addition, Francine Creyf is Sales Manager, and Serge Aréguian Supply Chain Manager

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Post Office to trial Mortgages

Posted by | Sep 26, 2007 | |

The Post Office today announced it will be trialing mortgages at selected branches in the North.

The trial follows a succession of well-received financial product launches by the Post Office which is now the fastest growing financial services provider in the UK. It has already attracted more than one million customers with its easy to understand and good value products.

As the mortgage market becomes ever more complex, the Post Office is investigating the need for straightforward mortgages with good initial and long term value and no hidden charges.

Three mortgage products will be available during the trial, led by a three year fixed rate product with an initial rate of 6.09 pct. Each of the products will have a transparent pricing structure, including a low cost fixed arrangement fee of GBP 399, no higher lending charges and a competitive reversion rate.

Post Office Mortgages are provided in conjunction with Bristol and West, the Bank of Ireland’s lending arm. As a responsible lender, the Post Office will apply strict lending criteria and enforce appropriate checks before an offer is made.

The products are as follows, led by a market leading three-year fixed rate mortgage with an initial rate of 6.09 pct.

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Rampant speculation over possible Salvesen takeover

Posted by | Sep 26, 2007 | |

Industry speculation is rife over the identity of two potential bidders for Christian Salvesen, following the company’s statement that it has been approached regarding a possible takeover.

While the absence of any confirmation from companies within the transport & logistics sector has fuelled market speculation that the interested parties may be private equity companies, analysts have suggested that Wincanton, Deutsche Bahn, Kuehne+Nagel, Norbert Dentressangle or Salvesen’s JV partner, APL, could be in the running.

The UK-based logistics company also has operations in Belgium, France, Holland, Ireland, Portugal and Spain.

Christian Salvesen has, in the past, rejected suggestions of merger propositions, although the company’s financial performance has been hit by increasing competition in a market steeped in M&A activity.

In June, the company agreed to sell its frozen vegetable business for GBP 17.2 million.

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Aero Inventory partners with Kuehne + Nagel to support expansion

Posted by | Sep 25, 2007 | |

Aero Inventory, a company in the industry of customised e-based procurement and inventory management solutions to the global aerospace industry, has selected Kuehne + Nagel to support its geographical expansion through the provision of airfreight and contract logistics services.

Under the terms of a new contract Kuehne + Nagel will now strengthen its existing relationship with Aero Inventory, supporting the company’s strategic growth plans. Kuehne + Nagel currently has a strong business partnership with Aero Inventory in the UK, Ireland, Hong Kong, Indonesia and Bahrain, and was recently awarded a new contract in Australia.

Kuehne + Nagel provides an extensive range of aviation logistics solutions to Aero Inventory, including transport, receipt, handling and inspection of aerospace consumables, AOG deliveries, customs clearance, and reverse logistics, particularly within the Asia-Pacific region. In addition, Aero Inventory benefits from complete visibility of shipments and corresponding Cargo 2000 route maps via Kuehne + Nagel’s logistics information system, KN Login.

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