Tag: Worldwide

USPS Eyes 2004 Mail Reclassification Program

The Unites States Postal service is considering a 2004 mail reclassification program. “The financially ailing U.S. Postal Service is in the early stages of developing a mail reclassification proposal it hopes to implement by early summer 2004. With the USPS facing back-to-back deficits of between $1 and $3 billion over the next two years and planning to seek a rate hike of up to 20% for next summer, postal officials hope mail reclassification will lead to increased volumes and revenues.”

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OUTLOOK TPG H1 net 243-270 mln eur vs 229

TNT Post Group NV will report Thursday first-half net profit of 243-270 mln eur, up from 229 mln a year ago, with earnings per share at 0.51-0.57 eur against 0.48 last year, analysts said. Analysts expect TPG to reiterate its forecast for a 20-25 pct increase in full-year net profit, with first-half figures showing a similar percentage increase. A stable Mail division along with acquisitions and double-digit organic growth at the Logistics division are expected to offset any weakness in the Express activities due to the economic slowdown.

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KLM shows the way on speed

The customer pressure on airlines to provide express services is summed up by Andre Mulder,
senior vice president special care for KLM Cargo.
“Customer requirements show that speed is more and more of essence,” he confirmed recently when explaining that organisation’s current product range.

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