Tag: Worldwide

Postal Service again honored as most trusted government agency

For the third year in a row, Americans have rated the U.S. Postal Service as the number one agency they trust to protect their privacy. Not only did the Postal Service retain the top spot, customer satisfaction and trust scores increased from the previous year, a national study shows.

Ponemon Institute LLC published its “2007 Privacy Trust Study of the United States Government” during National Consumer Protection Week. The study sought to understand the level of confidence Americans have in the many government agencies that routinely collect and use the public’s personal information.

The Postal Service retained the top spot with a privacy trust score of 83 percent. It also is one of the few federal agencies able to increase its customer satisfaction and trust scores. The average trust score among the 60 agencies surveyed was 47 percent.

“For more than two centuries, the Postal Service has honored its fundamental commitment to protect the privacy and security of customers’ personal information,” said Delores Killette, Postal Service vice president and consumer advocate. “We have built a strong tradition of trust with our customers regarding how we handle mail and personal information.”

Read More

Potter selects Ainsworth as Vice President

USPS Postmaster General Jack Potter announced the selection of Kathleen Ainsworth as Vice President, Delivery and Retail. In her new role, she is responsible for delivery, retail and vehicle operations involving nearly 37,000 Post Offices, stations and branches. Ainsworth began her career as a mail handler in Missoula, Montana, in 1974. She later served, among other positions, as San Francisco Division Controller, San Francisco District Post Office Operations Manager and Eastern Area Finance Manager. She was named Northern Ohio District Manager in 2000.

Read More

Deutsche Postbank in talks to acquire holdings in Asian post banks

Deutsche Postbank AG is in talks with several peers in Asia about acquiring stakes in them, chief executive Wulf von Schimmelmann told daily Sueddeutsche Zeitung.

‘Asia is a very important market. We are in talks with some post banks there,’ he said.

In regard to the upcoming sale of Landesbank Berlin, von Schimmelmann said he doubts a purchase would make sense for Postbank.

‘Berlin is already a stronghold for us. We have a market share of 17 pct there,’ he said.

Other acquisitions in Germany are also not on the bank’s agenda following its recent takeover of building society BHW and 850 of Deutsche Post’s branch offices, he said.

Von Schimmelmann declined to comment on rumours that he is to resign before the end of this year. ‘These rumours have been around for months and I will not comment on them any more,’ he said.

Read More

UPS profit is up. Slower Growth Seen

United Parcel Service Inc. reported a 7.5 percent increase in fourth-quarter earnings yesterday, but said that profit growth would slow this year.

Shares of United Parcel fell 95 cents on the news, closing at USD72.70.
Net income rose to USD1.13 billion, or USD1.04 a share, from USD1.05 billion, or 95 cents, in the period a year earlier, the company said yesterday. Sales increased 5.6 percent, to USD12.63 billion.

United Parcel said profit growth would lag behind last year’s 11.2 percent rate because slowing industrial production would curb high-margin air shipments.

U.P.S.’s 2007 forecast calls for profit of USD4.10 to USD4.25 a share, compared with last year’s USD3.86. That would be an increase of 6.2 percent to 10 percent.

The company’s fourth-quarter results matched forecasts for earnings of USD1.04 a share, the average of 15 analyst estimates compiled by Bloomberg. Analysts had estimated 2007 earnings of USD4.30 a share.

“We are expecting the first half of the year to be somewhat flat,” the chief financial officer, D. Scott Davis, said. “It’s just a moderating economy that we expect to get back on trend by the end of 2007, early 2008.”

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


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.

 

Pin It on Pinterest