USPS enters Euro parcels market
The U.S. Postal Service has moved into the European parcels business through a three-year partnership agreement with Britain’s Lynx Express.
The service initially will cover westbound trans-Atlantic mail and parcel deliveries to U.S. addresses and aims to capture 5% of the market within three years.
Lynx Express will handle parcels up to 70 pounds, shipping them into the USPS delivery network via trans-Atlantic passenger jets or freighters flying out of Europe. Lynx currently operates in continental Europe through alliances with other express carriers, but it plans to boost its direct presence in Germany and France.
Until now, the USPS’s limited overseas parcels agreements have focused on Latin America and the Far East. Trials for the new European service will be held over the next few months with a full service to be launched in the fall.
