Tag: Worldwide

Can Allan Leighton turn round Britain's troubled Post Office?

BRITAIN’S Post Office, horribly renamed 18 months ago as Consignia, is in a mess. On June 13th it announced a £1.1 billion ($1.6 billion) loss for the year to March 31st. Thousands of jobs are to be shed, in a frantic effort to reduce a bloated cost base. Discontent among its roughly 250,000 workers still simmers, after a wave of industrial disputes last year.
BRITAIN’S Post Office, horribly renamed 18 months ago as Consignia, is in a mess. On June 13th it announced a £1.1 billion ($1.6 billion) loss for the year to March 31st. Thousands of jobs are to be shed, in a frantic effort to reduce a bloated cost base. Discontent among its roughly 250,000 workers still simmers, after a wave of industrial disputes last year.

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DPWN Raises Express Rates July 1

With effect from 1 July 2002, Deutsche Post will adjust the prices for various products and special services offered by the Express division. Prices for sending small packets within Germany will remain stable. Reasons for the price adjustments include increased staff costs as well as the general rise in fuel prices and the insurance industry that has also led to higher prices by competing parcel service providers.

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Consignia restructuring costs double, Post Office losses likely to top £1.1bn for first year of commercial freedom.

The cost of restructuring Consignia, the renamed Post Office, has doubled from earlier predictions of Pounds 400m to at least Pounds 800m. This means the company’s total losses for the year are likely to top Pounds 1.1bn when they are announced next week, despite better-than- expected operating losses thought to be Pounds 200m-Pounds 300m.

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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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