Set the airlines free
Terrorist fears and a travel slump. It’s the best time to deregulate
Read MoreTag: Worldwide
Exel wins cross-dock management contract
Exel has won a contract to manage four cross-dock facilities in retailer The Home Depots product distribution network. Exel will provide warehouse management, inventory control, yard management, inbound and reverse logistics, and order fulfilment.
Read MoreEU Challenges Belgian Post's e-Mail Monopoly
The European Union Commission has launched legal proceedings against the monopoly of Belgium’s Post Office over registered email, reports de Tijd. The move follows a complaint from Hypertrust, a technology firm based in Leuven that wants to provide such services. A 1999 Belgian law gives De Post a monopoly on registered emails for administrative and legal procedures. But the Commission contends there is no justification for excluding competition from this market on security grounds.”
Read MoreDutch regulator loses out in wrangle
TPG has won its long-standing battle with the Netherland’s industry regulator, OPTA (Independent Post and Telecommunications Authority), concerning the post’s system for disclosing financial information.
The case centred on the way TPG allocated revenues and costs over its various activities (conveyance of letters weighing up to 100g under the monopoly, other mandatory services and free services), a system which had already been approved by OPTA in December 2000.
Performance pay for Consignia boss
Allan Leighton will receive up to £200,000 a year as chairman of Consignia and may keep some of his 10 other directorships – but he will have to demonstrate performance to earn his pay. Patricia Hewitt, trade and industry secretary, has insisted that 90% of his remuneration must depend on the impact he makes on efficiency at the loss-making former Post Office. Mr Leighton will remain on the basic salary of £20,000 a year he was earning for working one day a week as a non-executive director of the company. The rest of his package will be determined by performance criteria under discussion as part of Consignia’s £1.2bn restructuring plan.
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