Tag: Worldwide

PhilPost and the USPS secures postal remittance partnership

Posted by | Aug 29, 2008 | |

The Philippine Postal Corporation (PhilPost) and the United States Postal Service (USPS) are working towards the establishment of a fast, secure but low-cost remittance project which will benefit the 4.4 million Filipinos in the United States and their millions of relatives in the Philippines.

Postmaster General Hector R. R. Villanueva said that Filipinos in the US will soon be able to send money anywhere in the Philippines through PhilPost’s more than 2,000 post offices nationwide.

When finalized, the effort will lead to a Bilateral Agreement on International Electronic Money Transfer between the two countries.

The project is in line with the government’s directive to bring down the remittance fees for overseas Filipino workers who remitted USD 15 billion last year to the Philippines. More than half of that remittances or roughly USD 8 billion came from the Filipinos in the US.

Chairman Ray Anthony Roxas Chua III of the Commission of Information and Communications Technology (CITC), the agency which supervises Philpost, and Philippine Ambassador to the US Willy C. Gaa hailed the project.

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TNT sees growth in video conferencing

Posted by | Aug 27, 2008 | |

Reducing carbon footprint, a new priority for multinationals, is no easy task for TNT, which operates 47 aircraft and more than 26,000 trucks to move an average of 4.4 million parcels, documents, and pieces of freight each week.
There is not much that can be done to cut back on that traffic, so TNT is instead urging employees to reduce carbon dioxide emissions under a program called Planet Me. A big part of Planet Me is a drive to reduce business travel and use videoconferences instead. TNT estimates the CO2 savings from videoconferencing alone to be 2.6 kilotons a year for the next four years, or a total of 10.5 kilotons.
The embracing of videoconferencing by TNT is part of a larger trend. The worldwide videoconferencing systems and services market, which reached USD 1.63 billion in 2007, is expected to grow to USD 4.2 billion by 2012, according to technology consultancy Frost & Sullivan, as more companies try to become greener and cut costs.
Few companies are benefiting as much as Norwegian videoconferencing equipment maker Tandberg, which counts TNT as one of its customers. The company, which has dual headquarters in Oslo and New York, leads the industry in revenue with 40 pct of the global videoconferencing market, says Frost & Sullivan. The U.S.’s Polycom is market leader in number of units shipped. Together, Tandberg and Polycom control about 70 pct of the market for videoconferencing devices and infrastructure, selling against and sometimes cooperating with Hewlett-Packard and Cisco, both of which make high-end videoconferencing systems.

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FedEx Corp. Board declares quarterly dividend

Posted by | Aug 15, 2008 | |

The Board of Directors of FedEx Corporation today declared a quarterly cash dividend of USD0.07 per share on FedEx Corporation common stock. The dividend is payable April 1, 2005 to stockholders of record at the close of business on March 11, 2005.

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A postal sector focused on the future

Posted by | Aug 12, 2008 | |

International postal services are moving resolutely towards the future, declared Edouard Dayan, Director General of the Universal Postal Union, at the close of the 24th Universal Postal Congress, which ended its three weeks of discussions today.

“From Bucharest to Geneva, the whole tone has changed. Four years ago, an air of pessimism hung around the future of postal services” said Dayan. “Today, our agenda includes e-commerce, technological development, intelligent mail, facilitation of international trade and exchanges, electronic money transfers, sustainable development, international cooperation, postal infrastructure at the service of development policies, and development – rather than downsizing – of the universal service”. At the closing session of Congress, the Director General also described the many faces of a sector which is active on all fronts of the global economy, in the face of burgeoning new technologies and the growth of globalization and international trade.

Aside from the elections, Congress also examined 300 proposals and resolutions relating to the structure of the UPU, its mission and finances, and to international exchanges of letters, parcels and money transfers between postal operators the world over. In terms of operations, for example, minimum security standards and processes for postal operators will be drawn up, and Posts are invited to work more closely with customs authorities to identify counterfeit or pirated articles sent through the mail.

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Consultative Committee set for a second term

Posted by | Aug 12, 2008 | |

Charles Prescott, Chairman of the Direct Marketing Association in the United States, has been re-elected as head of the UPU’s Consultative Committee. Murray Buchanan, International Development Director with Royal Mail, will assume the vice-chairmanship. This committee, which was created at the 2004 Bucharest Congress, is mandated to represent the interests of the postal sector in the wider sense, and to act as a framework for effective dialogue between postal sector partners.

The CC is made up of 19 non-governmental organizations representing customers, delivery service providers, organizations of workers, suppliers of goods and services to the postal sector, and similar organizations of individuals and companies with an interest in international postal services.

Knowing that they can breathe new life into the organization by representing the point of view of customers/suppliers, the members of the CC wish to play an increasingly important role in areas such as support for postal reform, the environment and sustainable development, the universal postal service and postal security.

They have contributed to the development of the new Nairobi Postal Strategy, and will play an active part in its implementation, along with governments, designated postal operators and the Restricted Unions.

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