TNT Express France, the French unit of TNT Express (the transport division of Dutch postal services group TPG), has reached a commercial partnership deal with Redcats, the French mail order giant. The deal will allow TNT Express France to use Redcats’ parcel delivery network, which includes nearly 3,200 depots, and will increase its coverage in France, where it already has 120 sites.
Read MoreWith the global merger of the DHL and Danzas package delivery companies, the goal of the company in Mexico is take the lead in the market, ahead of UPS and Federal Express, says Mr. Mario Sotres, head of DHL Mexico. The company is hoping to grow by 37% in Latin America and Mexico. Sotres denies any plans to acquire any Mexican companies in the short term, as the focus will be on the newly merged companies. The new company will have a new logo, based on that of DHL, but with a change of color.
Read MoreMore than 8,000 rural post offices appeared to have a brighter future yesterday when the European Commission approved a pounds 450m package of government subsidies to help keep the branches open. The Department of Trade and Industry announced its intention to hand over the cash over three years in December, but said the money would have to be given the go-ahead by Europe’s regulators for state aid. The subsidy had to be referred because it could give Post Office Limited an unfair advantage over other companies battling to break into the postal delivery market. The Commission ruled that the grant should be allowed because the Post Office is obliged by the Government to provide country-wide over-the- counter access to state benefits and other services.
Read MoreA price increase for Polish postal services that went into effect on January 1, 2001 will be re-examined by the Office for the Protection of Competition and Consumers (UOKiK) following a decision issued by the Anti-Monopoly Court. The UOKiK had previously analyzed the rate hikes, which on average ranged from 20% to 40%, but found them to be warranted by market conditions that include significant competition from courier firms. The Direct Marketing Association (SMB), which affiliates mail order companies, filed a protest against the price increase.
Read MoreTPG, the Dutch mail, express and logistics company, announced that its TNT Express division has won a competitive open bid to distribute consignments sent through the new international express service of the Brazilian state post office, Empresa de Correios e Telegrafos. The contract, which will be signed shortly, is projected to generate more than USD23.5 million in revenue over five years.
Read MoreAustralia Post said yesterday its profit this financial year would be similar to last year, but refused to say how much money it would hand over to the Government. Chief finance officer Peter Meehan said it made an after-tax profit of AusD291.8 million in 2001-02.
Read MorePost man promises to deliver: profile & interview with Adam Crozier
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