The Spanish competition commission has authorised the purchase of 12.8 per cent of courier company Seur by French postal service provider La Poste. La Poste, which is owned by the French government, has paid 90m euros for its share in Seur and acquired 60 per cent of the company’s Madrid franchise, the largest branch in the Seur network.
Read MoreMail, express and logistics company TPG N.V. have announced the acquisition of the Swedish-based global freight forwarding company Wilson Logistics Group from Nordic Capital. The purchase price is approximately SEK 2.35 billion (EUR 257 million) and will be financed from cash reserves. In line with the strategy of TPG’s division TNT Logistics, this acquisition is TNT’s first major step into global freight forwarding and further strengthens its position as a leading logistics and express service provider.
Read MoreTNT buys global forwarder, Wilson
Read MoreAfter nearly seven months of government intervention, Argentina formally renationalised the nation’s postal service whose privatisation in the 1990’s set off a storm of controversy.
Federal Planning Minister Julio De Vido announced that the agency known until now as Correo Argentino would be changed to Correo Official de la Republica Argentina, a corporation with “100 percent” state ownership.
Read MoreA group of major German newspaper publishers, reported to include Axel Springer Verlag, Verlagsgruppe Georg von Holtzbrinck and the WAZ group, is said to be planning a letter delivery alliance with German logistics group Hermes Logistik and Dutch postal service operator TPG. According to a press source, they are believed to be planning to participate in EP Europost, the joint venture owned 71 per cent by TPG and 29 per cent by Hermes.
Read MoreThe Uruguayan government is concerned with the crisis hindering the mail service Correo (Administracion Nacional de Correos) which has piled up liabilities of USD20mil, most of it with the Banco de Prevision Social, with the workers cooperative, and with the BROU. Correo annual imbalance is estimated at USD3mil and the company is pursuing a strategy to diversify its services to the distribution of tariffs for public services rendered by government owned UTE (light), OSE (water & sewage), and Anel (telephone).
Read MoreThe U.S. Postal Service is moving forward on its proposal to offer customers two Priority Mail Flat-Rate Box options. In a filing with the Postal Rate Commission, the Postal Service is seeking approval of the Flat-Rate Box proposal, which if approved, will reinforce the Postal Service’s commitment to meeting customers’ needs for simplicity and convenience when sending packages.
Read MoreSwiss Post International (SPI) has opened a sales subsidiary in Belgium. With SPI Belgium B.V.B.A. in Brussels, the international arm of Swiss Post is reinforcing its worldwide sales network and gaining a foothold in one of the key European markets. The range of services from Swiss Post International includes handling international mailings for business customers. With SPI Belgium B.V.B.A., SPI is consolidating its strategy of establishing a presence in key partner countries by establishing its own subsidiaries.
Read More
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
