Tag: Worldwide

Postal dept’s finance mart launched

Posted by | Dec 12, 2006 | |

Postal Department has come up with a concept of Finance Mart, where the customers will get the financial services under one roof.

Inaugurating the Mart at Head Post Office (HPO) Civil Lines, on Sunday, Union Minister of State for Communication and Information Technology Dr Shakeel Ahmed said that the move is beneficial for the customers as they will get the financial services in a modern and improved manner, at one place.

he postal department is heading towards modernisation, said the Minister adding that the plans were afoot to computerise the services in a large number of post offices in the state.

The department will also take measures to improve the services being rendered to senior citizens”, he claimed. In addition to this, the department is set to provide better services during upcoming Ardh Kumbh mela.

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House and Senate pass historic postal reform legislation

Posted by | Dec 9, 2006 | |

Both the House and Senate passed historic postal reform legislation in the final hours of the 109th Congress after key negotiators — Sens. Susan Collins, R-ME, and Tom Carper, D-DE, and Reps. Tom Davis, R-VA, and Henry A. Waxman, D-CA — brokered an agreement that will modernize the United States Postal Service and make it viable for the 21st century. The legislation, the first major overhaul of the USPS since 1970, will help stabilize mail volume and stamp prices.

“The U.S. Postal Service is the lynchpin of a USD900 billion mailing industry, providing nine million jobs nationwide in fields as diverse as direct mailing, printing, catalog companies, paper manufacturing, and financial services. But under its current business model, which has not been updated in decades, the financial future of the Postal Service is not viable,” said Senator Collins.

The legislation would force the Postal Service to concentrate on what it does best – processing and delivering mail to all Americans. The bill, entitled the Postal Accountability and Enhancement Act, would dramatically rethink the way the Postal Service prices its products by giving it the same ability any other business has to change prices whenever it needs to do so. But to protect businesses and mailers from sudden and dramatic price hikes, the legislation would ensure that price increases be kept below an inflation- based ceiling.

In addition, the bill would give the Postal Service the freedom to introduce new, innovative products or tailor existing products to meet customers’ needs, which should help attract new business and increase revenues.

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Empost's global courier destinations touch 225

Posted by | Dec 6, 2006 | |

Reinforcing its position as one of the top courier companies in the Middle East, Empost, the UAE’s national courier company, now covers 225 destinations around the world including Australia, the American continents, Europe, Far East, Indian Sub Continent, Africa and all the Middle East.

‘We have upgraded our coverage and infrastructure to cover more than 225 destinations within 72 hours as a testament to our customer-centric ethos. We have partnered with several reputed organisations to ensure consistency, speed and reliability of services. Empost is currently undergoing tremendous expansion in line with our strategic plan of providing full-fledged courier and logistics services catering to the various needs of our expanding customer-base.’

The expansion into new networks has been prompted by the sharp demand for Empost’s services among the large expatriate population in the UAE and also from the business community, which relies on Empost for any dispatch of documents, certificates, letters, parcels or other items.
Empost offers a broad range of sector-specific courier services such as the Jawaz service, which collects and delivers passports and other consular documents to customers’ home or office, and Health Pack, a service which ensures timely delivery of medical documents to customers. Other Empost services include Ameel, Ezi Mail, Litedox and Ezi Pack.

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TNT analyst conference confirms Focus on Network strategy – New initiatives to strengthen competitive position TNT Post in the Netherlands

Posted by | Dec 4, 2006 | |

Today at a meeting with analysts in London, TNT will present an update on its ‘Focus on Networks’ strategy. TNT has made good progress in all aspects of its strategy over the past year, with the sale of the Logistics division completed, the sale of Freight Management announced and share repurchases approaching Euro 2 billion nearly completed. Furthermore TNT has begun to accelerate growth through strategic acquisitions in China and India and continued delivering strong results from its mail and express divisions.

TNT Express, the express division of TNT, strives to further strengthen its number one position in Europe. The integration of the recent acquisition of TG+ in Spain, is well on track. Outside the European market TNT Express aims to achieve leading positions in selected intercontinental routes, as well as building number one positions in the major emerging markets. The acquisition of Speedage in India is completed and the acquisition of Hoau in China is awaiting final approval by the local authorities. The last element of growth for TNT Express is the expansion into the broader express market through “Special Services”. Overall, the medium term revenue growth guidance of between 10 – 15%, with margin levels reaching 10% from 2007 onwards, will be confirmed

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