Tag: USA

21st CENTURY POSTAL SERVICE

Posted by | Jan 27, 2001 | |

January 27, 2001 — According to the Cato Institute’s Edward Hudgins, “a privatized U.S. Postal Service, even subject to the same tax and regulatory regime of the private sector, would certainly be able to integrate much more efficiently into the new economy.” “A private U.S. Postal Service,” he said, “could act as an entrepreneur facilitating economic growth rather than as a government monopoly seeking to cripple competitors and acting as a ball and chain on the leg of the economy.”

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Deutsche Post – Integration Plan On Track; Complaints On DHL Dismissed; DHL Airways could be split into two separate companies

Posted by | Jan 25, 2001 | |

Deutsche Post has reportedly spent about $5 billion over the past two
years or so on acquisitions, including the purchase of U.S.-based Air Express
International Corp. and Switzerland-based Danzas Management AG. The
company also recently raised its stake in DHL International to 51% from 25%.
DHL Airways could be split into two separate companies, one small firm for
>>air operations and a second, relatively big firm for ground operations,
>>Zumwinkel indicated

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Postage Bonus May Be Fleeting

Posted by | Jan 25, 2001 | |

A postage rate cut that promised to save banks $26 million, partially offsetting the Jan. 7 first-class letter rate increase, may be
short-lived. The Postal Service’s rate-setting panel may reverse course and recommend a 1- or 2-cent increase

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FedEx, UPS ask gov't to suspend DHL flights

Posted by | Jan 24, 2001 | |

FedEx Corp. (NYSE:FDX – news) and United Parcel Service Inc. (NYSE:UPS – news), two longtime rivals in the delivery business, have asked the U.S. government to suspend the flights and freight-forwarding operations of DHL Worldwide Express after Deutsche Post AG took a stake in the company

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