Tag: USA

US urges Congress to ease airline ownership limits

Posted by | Jun 2, 2003 | |

Transportation Secretary Norman Mineta urged Congress on Monday to approve a plan to ease limits on foreign ownership of U.S. carriers to give struggling airlines greater access to capital. In a proposal submitted last month to lawmakers considering omnibus aviation legislation, the Bush administration sought approval to raise the limit on how much of a U.S. airline’s voting stock can be held by a foreign entity from 25 percent to 49 percent. But the proposal would not let foreign investors control a U.S. airline, continuing a policy supported by many members of the House of Representatives and Senate who are concerned too much foreign influence would run counter to U.S. interests.

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US negotiated service agreement gets stamp of approval

Posted by | Jun 2, 2003 | |

In a precedent setting move, the U.S. Postal Service Governors today approved the first Negotiated Service Agreement (NSA), a pricing strategy that gives business mailers a mechanism for customized rates and services that addresses their unique mailing needs and encourages cost-efficient behavior. The first NSA features discounts for Capital One First-Class Mail volume above an annual threshold of 1.225 billion pieces and electronic return of undeliverable mail data by the Postal Service to Capital One. “Historically, providing price incentives for mailers to encourage more mail volume and best practices has made it possible for the Postal Service to keep rates affordable for everyone. As we build towards the future, pricing innovations like NSAs will help the Postal Service preserve universal mail service which is fundamental to the American way of life,” said Stephen Kearney, vice-president, Pricing and Classification, U.S. Postal Service.

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US Postal Service plan falls short, expert says

Posted by | May 30, 2003 | |

The U.S. Postal Service will fall short of meeting federal mandates to
deliver mail six days a week and cover its costs without further cutting
expenses and dropping money-losing services, the top congressional watchdog
official said. The postal service “is not well-suited to operate efficiently” and must go beyond its own USD3 billion annual cost-cutting plan to survive, General Accounting Office head David Walker told a presidential postal strategy
panel. Postmaster General John Potter defended the agency at the Washington
hearing, saying he wouldn’t allow a reduction in delivery frequency “on his watch.”

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UPS and Fedex set to pounce on DHL court filing

Posted by | May 29, 2003 | |

DHL Airways will clarify its ownership and operational structure in a filing today with the Department of Transportation. Opponents FedEx and United Parcel Service expect to use the filing to bolster their case that the air carrier is controlled by German distribution group, Deutsche Post. The documents were ordered by Ronnie Yoder, the DoT’s chief administrative law judge, in a preliminary hearing on Tuesday. Judge Yoder is proceeding with a public hearing on August 19 to determine if DHL Airways, based in Miami, violates US laws limiting foreign ownership and control of US carriers.

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UPS and Fedex set to pounce on DHL court filing in USA

Posted by | May 29, 2003 | |

DHL Airways will clarify its ownership and operational structure in a filing today with the Department of Transportation. Opponents FedEx and United Parcel Service expect to use the filing to bolster their case that the air carrier is controlled by German distribution group, Deutsche Post.

The documents were ordered by Ronnie Yoder, the DoT’s chief administrative law judge, in a preliminary hearing on Tuesday. Judge Yoder is proceeding with a public hearing on August 19 to determine if DHL Airways, based in Miami, violates US laws limiting foreign ownership and control of US carriers.

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