Italian state-owned postal operator Poste Italiane will invest some 2.7 bln euro (USD 3.298 bln) for the period 2004 to 2006, it was reported on March 4, 2004. The funds will be invested for development of the company’s banking services. Poste Italiane will allocate funds for further expansion of its products and services including credit cards, cheques, loans, mortgages and insurances.
Read MoreThe postal department has launched business post and bulk mailing services for corporates in various cities of the state.
The department’s business post mass mailing centre is providing professional services to corporates, giving a tough competition to private courier agencies.
Read MoreParcel carrier NCN Express has appointed Danny Mills as operations manager. Mills will be responsible for the carrier’s night sort operation, scanning processes, and pick and pack operation. He will also be responsible for developing a new part-automated materials handling systems. Mills was previously hub manager at Hellmanns and Nightfreight.
Read MoreAs part of a USD1.8 billion network expansion plan to nearly double average daily hub package volume capacity in North America, FedEx Ground, an operating unit of FedEx Corporation has chosen a 93-acre site in Olive Branch, Miss., as the location for the fourth of nine new package distribution hubs to be constructed over the next six years. The 330,000 square-foot facility, to be located in the DeSoto Distribution Center, will be the second major FedEx Ground sortation center in the Memphis area. When it opens in 2006, the new hub will feature the latest automated material handling technology designed to process 22,500 packages per hour and will have a workforce of approximately 60 full-time and 325 part-time workers and 70 independent contractors.
Read MoreQatar’s General Postal Corporation plans to regulate the courier facilty offered by various currency exchange houses to deliver demand drafts and other monetary instruments from Qatar to beneficiaries abroad, Saeed Khalaf Al Muraikhi, director of postal operations at the corporation, said.
Read MoreNew Zealand Post have announced that they are in discussions with the world’s leading express and logistics company, DHL regarding a possible joint venture.
The dialogue relates to New Zealand Post’s courier and logistics business, which include Courier Post, SkyRoad, Pace! and Contract Logistics.
New Zealand Post Chief Executive John Allen said the organisation are looking at opportunities to unlock the full potential of its courier and logistics business and strengthen its position in local and global markets.
Read MoreMail, express and logistics company, TPG N.V., through its TNT Logistics Italy business unit, have announced a five-year renewal of the spare parts contract for Fiat Auto. The deal is estimated to be worth EUR 1 billion in revenues over the contract term.
Read MoreThe DM industry is facing a bill for millions of pounds after Royal Mail’s move to introduce additional charges for its PO Box system, which it currently offers for a nominal fee.
Companies use PO Box numbers to separate mail into batches for different departments or clients. This is important for DM agencies, which use the boxes to receive responses across a variety of campaigns or brands.
For an annual fee, Royal Mail allocates each client a PO Box number, so that post related to different campaigns is delivered separately.
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.
