Tag: Worldwide

Nigerian Postal Sector Reforms: Great Expectations

Finally, it seems it has come to the turn of the postal sector to partake in the much-touted Nigerian government reforms programme. In recent newspaper advertisements, the Bureau of Public Enterprises (BPE), the secretariat of the National Council on Privatisation (NCP), is asking qualified firms and organisations to apply for advisory functions.

Specifically, the BPE asked advisers to apply to assist it draft a new national postal sector policy, advise and assist the government in reviewing and developing/designing a new harmonised legal and regulatory framework for the postal sector to allow for private participation and restructuring of NIPOST.

The Bureau is therefore looking for eligible consultants for Expressions of Interests (EOIs) for the purpose of providing advisory services for postal sector reform and restructuring of NIPOST. The advisory services required include, but are not limited to, “formulation of a new postal sector policy/strategy for Nigeria; design and drafting of a new postal sector reform bill; and restructuring of NIPOST.’

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Regulator tells UK Royal Mail to cut costs

Royal Mail should cut more costs rather than rely on a government bail-out to address its Pounds 4bn pensions deficit, the industry regulator has signalled.

The tough stance adopted by Postcomm, less than a month before finalising crucial four-year price controls, suggests the state-owned postal operator is heading for a showdown with the regulator.

In an interview with the Financial Times, Nigel Stapleton, the chairman of Postcomm, said the sheer scale of Royal Mail’s pensions deficit, which has made the company technically insolvent, presented a “unique problem” for the regulator.

“It’s such a big problem – they have Pounds 21bn of liabilities and Pounds 2.2bn of net tangible assets . . . It’s a pension fund with a mail business attached rather than the other way round,” Mr Stapleton said.

He suggested Royal Mail should agree to greater efficiency savings to help fund the deficit, as a quid pro quo for the regulator’s agreement to modify its initial price control proposals to allow an element of future increases in the size of the deficit to be passed on to customers through higher prices.

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Postal Service Rates to Grow in Latvia Next Year

The Public Utilities Regulatory Commission council on Wednesday approved the plan by the national postal company Latvijas Pasts to raise the charges for mailing letters and other postal services in Latvia as of next year, said the regulator.

According to the new rates, the price for mailing a letter in Latvia will be raised to 22 santims (EUR 0.31) next year from the current price of 15 santims. The rates for letters to be sent abroad as well as banderoles and parcels to addresses both in Latvia and abroad will also increase.

Latvijas Pasts director general Gints Skodovs said that the postal company wanted to raise the rates in view of the continuously increasing prices in Latvia, which pushed up also costs, in particularly the fuel costs.

He said that the current rates for postal services in Latvia had been introduced back in 1999. If Latvijas pasts failed to raise its rates, the company won’t be able to grow and would have to suspend a number of projects which would result in a four million lats loss next year.

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TNT links China to Europe with two Boeing 747-400ERFs

TNT N.V. today announced that its Express Division will lease two B747-400ERF freighters to start up a new direct service between Europe and China in 2006.
The 100 tonnes capacity aircraft will be leased for a period of ten years from the US-based aircraft leasing company Guggenheim Aviation Partners and will provide TNT with its own dedicated capacity between China and Europe. Two years ago, TNT successfully launched its Integrated Direct Express (IDE) service between China and Europe in response to the rapid growth of its global high-tech client base. And TNT is now able to offer its clients up to 1,000 to 1,250 tonne of dedicated controlled air linehaul capacity per week, connecting TNT’s European hub with the main gateways in China.

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Japan Post and TNT join forces

Japan Post and TNT NV announce today that they will enter into a strategic co-operation, aimed at jointly realising a leading position in the Asia Pacific express and logistics market. The co-operation will build on the strengths of TNT’s global network and Japan Post’s strong domestic position and reputation.
The first steps of the co-operation include the launch of co-branded international premium express products to customers in Japan. For this purpose Japan Post and TNT will establish a joint venture. This JV is based on the current international express activities of TNT to and from Japan and Japan Post’s domestic presence as well as its strong relationships with Japanese corporations. Starting from this joint effort, both parties aim to enlarge and strengthen this co-operation in the Asia Pacific region as a next step.

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