Seur Portugal, the local unit of Spanish express courier company Seur, generated in 2003 a turnover of 24.71 mln euro ($30.3 mln), it was reported on April 1, 2004.
Seur Portugal’s 2002 turnover totalled 22.6 mln euro ($27.7 mln).
Seur’s global turnover increased by 9.62 pct year-on-year to 499.68 mln euro ($613.2 mln) in 2003.
Read MoreIn the late 1990s, the Italian post office found itself in a situation that many of its European counterparts knew all too well: The Internet and private couriers had transformed many postal activities into fully contestable markets. To make matters worse, the quality of Italian postal services was poor, public confidence in mail had suffered, and operating losses were nothing unusual.
Read MoreEuropean Warehouse Market Research. 2004.
Read MoreExpress delivery services – Competitive conditions facing US based firms in foreign markets
Read MoreSurvey recommends speeding-up postal competition
A survey commissioned by Postcomm into the non-residential postal market and attitudes to the introduction of competition could have important implications for Postcomm’s plans for the next stage of market opening.
The survey found that business customers were generally not well informed about competition and most had not approached or been approached by a potential new operator. But a third of the companies would consider switching some or all of their mail to new entrants. It concludes that Postcomm should consider speeding-up the introduction of full competition.
Postcomm chairman, Nigel Stapleton said:
“It is disappointing – but not perhaps surprising — that almost 18 months into the first stage of a UK competitive mail market, Royal Mail still has more than 99% of the letters business.
“With Royal Mail back in profit and customer service suffering, we see additional reasons for ensuring competition bites. The commission will look very hard at the survey’s recommendations that we speed up the introduction of competition in postal services, before we issue our competitive market review in September.”
Postcomm commissioned the survey, by consultants Roland Berger, as part of its forthcoming competitive market review. The company contacted more than 500 business mailers, some of whom spend more than £500,000 a year on postage.
Among its recommendations the survey says:
Postcomm should consider full market opening earlier than April 2007
If earlier full market opening is not possible, in 2005 Postcomm should open the business-to-business market segment in preference to reducing the volume threshold on bulk mail as planned
Postcomm should work towards uniform conditions for all entrants – including reviewing Royal Mail’s VAT exemption
Access by operators to Royal Mail’s downstream network should be promoted as a reliable alternative to full end-to-end coverage.
Roland Berger interviewed a total sample of 549 customers as shown in the table:
Segment Definition (by mail expenditure pa) Number of interviews Volume
Top 500 Greater than £500K 56 76.57%
Large £200K to £500K 253 20.93
Medium £30K to £200K 94 1.94%
Small £10K to £30K 146 0.56%
Total 549 100%
In the latest blow to former postal service Correo Argentino SA, the Argentine government has called in guarantees totaling 50 million pesos (USD1=ARS2.8625) against the company. The National Communications Commission has published an official resolution ordering Correo Argentino SA to pay the state ARS42.735 million within five days.
Read MoreDeutsche Post, the part-privatized German postal group, has set its sights on becoming Britain’s second-largest operator after securing access to Royal Mail’s delivery network.
Read MoreAnnual credit card mail volume for 2003 decreased 12 percent compared with volume in 2002, market researcher Synovate announced.
The findings, compiled using Synovate’s Mail Monitor, a service of Synovate’s financial services practice, showed that 4.29 billion credit card offers were received by U.S. households in 2003, down from 4.89 billion in 2002. Consumer response was 0.6 percent.
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