Consignia faces fine as mail delivery record slips

Consignia faces fine as mail delivery record slips

The Daily Telegraph (UK Abstracts), Sep 20, 2001

Consignia may be penalised by Postcomm as much as 10% of its turnover as the former Post Office failed to meet its delivery targets in the first quarter. The company reported that only 86.1% of first class mail met the next-day delivery guarantee for the period, a figure that Consignia needs to bring up to the regulator’s 92.1% threshold for the financial year. Reliability this September will be affected by the terrorist attacks in the US, which grounded the company’s postal fleet and led to a week-long delay of US deliveries. Disrupted rail services in the UK has also affected Consignia’s schedule.

Abstracted from: The Daily Telegraph Copyright 2000: Financial Times Information. All rights reserved.