Mexican Post Office eager to reserve market segment

The modernization and restructure of the Mexican Postal Service (Sepomex) will likely include the reservation of one market segment for the organization, in order to guarantee its financial viability, reported Mexico City daily Reforma. “A process of postal reform is required that reserves an area for official mail,” said a Sepomex document. The segment reserved for the state would be correspondence under 350 grams. Private companies would be able to deliver mail under 350 grams, but would have to charge double Sepomex’s fee. Communications and Transport Minister Pedro Cerisola this week said Sepomex is effectively bankrupt. Since 1998, Sepomex has registered increasing losses.