Tag: UK

TNT profits increase 3.8 percent in first quarter

Posted by | May 4, 2005 | |

TNT’s first quarter earnings from operations are up by 5.5 percent with mail showing strong margins and lower declines in direct mail volumes. EMN is growing in line with expectations. The express sector has continued margin improvements while the logistics sector faces a difficult environment in France.

Earnings per share up by 8.7 percent with profit attributable to the share holders up by 3.8 percent. Also the cancellation of 20.7 million outstanding shares.

CEO Peter Bakker says “In Mail and Express, we made a good start to the year. Mail division recorded a strong operating margin, with the Cost Flexibility program continuing to drive efficiency. For the first time, we gained more addressed volume abroad than we lost in the Netherlands. Express revenues grew double digit and operating income was up almost 50 percent, reaching another quarterly margin record.”

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Business Post Group – Board Change

Posted by | May 3, 2005 | |

Business Post announces that Russell Hodgson, 56, responsible for Parcel
Services, will be leaving the Group on 30 September 2005, for health reasons.
His role, overseeing the Express, International and HomeServe business units and
Network Services, will be assumed by Paul Carvell, Chief Executive.

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Irish Minister warns post offices on electronic payments

Posted by | May 2, 2005 | |

The convenience of electronic funds transfer (EFT) means consumers are increasingly choosing alternatives to the post office, Minister for the Marine and Natural Resources Noel Dempsey warned at the weekend.

He told the annual conference of the Irish Postmasters’ Union (IPU) in Castlebar, Co Mayo, that over 65 per cent of new social welfare recipients were opting for EFT payments mostly as a result of customer choice.

EFT is not currently an option in post offices but “it needs to become an option quickly”, the Minister stressed.

Mr Dempsey explained that in recent meetings with the Minister for Family and Social Affairs, Séamus Brennan, they had agreed that all social welfare payment options would receive equal standing on social welfare application forms and for the time being the Department of Family and Social Affairs would not actively promote alternatives to the post office system of payments.

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An Post pay freeze continues

Posted by | May 1, 2005 | |

Moves to settle An Post’s pay freeze have stalled when management declined to meet Labour Relations Commission financial assessors while postal workers in Drogheda and Tuam continue with unofficial industrial action.

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UK Royal Mail reintroduces staff rewards scheme

Posted by | Apr 30, 2005 | |

How to reward staff. How to support them. How to retain them when the pool of young talent is declining all the time. These are just some of the issues faced by human resources departments every day. Royal Mail, one of Britain’s largest employers, confronts all these issues and more in its struggle to fight off increasing competition for postal services. This week, the state-owned organisation found itself in controversial territory after directors reintroduced a scheme rewarding good attendance by postal workers with prizes of cars and holiday vouchers. Unions said the scheme was a gimmick. Royal Mail, on the other hand, argued it was a genuine effort to boost staff commitment and morale.

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