Royal Mail shares hit after sharp drop in letter volumes

From the Financial Times:

Shares in Royal Mail dropped more than 5 per cent after the group reported a drop in letters delivered before the festive period as business uncertainty in the UK hit junk mailings.

Rising parcel numbers failed to make up for the chronic decline in paper-based correspondence at the postal service’s core British business, pushing the division’s revenue down 2 per cent in the nine months ending on Christmas Day.

Read the full story: Royal Mail shares hit after sharp drop in letter volumes

Canada Post welcomes Lunar New Year with stamp issue

OTTAWA – Canada Post will greet the Year of the Rooster with a two-stamp issue, the ninth in its most recent series honouring the Lunar New Year.

A Permanent™ domestic-rate stamp featuring a rooster image, with its chest proudly puffed out, is paired with an international-rate stamp offering a close-cropped profile view of the rooster’s stately face. Both images are created from lines of gold foil. Continue reading

Canada Post contracts ratified by union members

After six weeks of local membership meetings, the members in both the Rural and Suburban Mail Carriers (RSMC) and the Urban Postal Operations (UPO) bargaining units have ratified their tentative collective agreements reached with Canada Post on September 1st.

The unaudited results show adoption of the RSMC contract by 55% of those voting. The number of members voting in 2016 exceeded the turnout in 2012.

The UPO contract was adopted by almost 63% of the Urban members participating. Continue reading

Canada Post segment records $60 million loss before tax in third quarter, blames workers

From Canada Post:

OTTAWA – The Canada Post segment lost $60 million before tax in the third quarter, when the risk of a work disruption prompted commercial customers to make other arrangements to deliver their parcels and mail.

The net financial impact of the labour uncertainty is estimated at $100 million for the third quarter. That figure reflects the significant reduction in revenue but also includes slightly lower costs, such as less use of overtime and temporary employees, because volumes had declined sharply in all lines of business. The Corporation and the Canadian Union of Postal Workers reached tentative agreements on August 30, 2016, but volumes took much longer to recover. Employee benefit expenses were also lower in the third quarter due to a $44-million non-cash one-time gain, resulting from the new collective agreement with the Canadian Postmasters and Assistants Association (CPAA) in August 2016. Continue reading

In Canada, a red dot on your PO box = no junk mail

A small town newspaper in Ontario offers this tip for Canada Post customers:

Canada Post will not put (junk) mail in your box if you request a red dot.  This dot is placed at the interior of the post office for the sorters to see.  I have had said dot for years and have greatly reduced my household waste.

On its web site, Canada Post say the service is available at residential boxes as well:

To stop getting unaddressed advertising, simply put a note on your mailbox stating that you do not wish to receive Canada Post Neighbourhood Mail™(formerly Unaddressed Admail). Place the note in or on your mailbox, or on the inside lip of your community mailbox, group mailbox or postal box.

The service applies only to mail not personally addressed to the customer.

Source: Red dot at post office = no junk mail | The Millstone

Canada Post stamps celebrate great NHL forwards

TORONTO – On the eve of the World Cup of Hockey 2016 semi-finals, and less than three weeks before the start of the 2016-17 NHL® Season, Canada Post unveiled the fourth issue in its five-year NHL stamp series.

The 2016 NHL® Great Canadian Forwards stamps highlight some of the greatest goal-scorers ever to play in the NHL: Phil Esposito (Boston Bruins), Guy Lafleur (Montreal Canadiens), Darryl Sittler (Toronto Maple Leafs), Mark Messier (Edmonton Oilers), Steve Yzerman (Detroit Red Wings), and Sidney Crosby (Pittsburgh Penguins). Continue reading

Canada Post and CUPW reach tentative agreement

GATINEAU, QC, Aug. 30, 2016 /CNW/ – Statement by the Honorable MaryAnn Mihychuk, Minister of Employment, Workforce Development and Labour:

I am pleased that Canada Post and the Canadian Union of Postal Workers (CUPW) have successfully reached new tentative agreements. This means that Canadian families and businesses can continue to rely on the postal service to be there for them when they need it.

These tentative agreements, reached voluntarily by the parties, are an important reminder for us all that a fair and balanced collective bargaining process works and can achieve real results for Canadian workers and employers.

Each side came to this negotiation with a long history of difficult strikes and lockouts. The leaders of Canada Post and CUPW met face-to-face for the first time when I invited them to a meeting with Minister Brison on August 19. Both parties took this opportunity to put Canadians first and helped avoid a strike or lockout.

Helping these parties in their negotiations is my responsibility as Labour Minister, and Canadians expected our government to do everything we could to help these negotiations succeed. That is why I closely monitored the situation, reaching out to the two sides over and over, urging them to work together.

On Friday, I appointed William Kaplan as a special mediator and he, alongside Guy Baron and our mediation team, has been working at the table to help both parties hammer out a deal. Together they winnowed down the outstanding issues, taking them one at a time, and solving each in turn. The tentative agreements the parties have reached demonstrate that persistent, positive efforts by our government had an impact, and Canadians will directly benefit.

The Government of Canada would like to thank Mr. Kaplan, Mr. Baron and the Federal Mediation and Conciliation Service team for their hard work on behalf of Canadians. Our government would like to thank Canada Post and CUPW for coming together and reaching these new tentative collective agreements.

These tentative agreements must now be ratified by employees. I will continue to monitor the situation closely.