Deutsche Post Mail Services UK has stalled plans to challenge Royal Mail’s monopoly in the lucrative business market in the wake of chairman Allan Leighton’s threat to launch a legal challenge to Postcomm’s final access price.
Read MoreThe Danish Ministry of Transport said Friday it is going ahead with preparations to reduce the state’s 100% holding in the national postal services Post Danmark A/S. This is following a report commissioned by the government from the investment bank Rothschild. Denmark’s right-wing minority government has been mulling a selldown for some time but it has yet to get broad parliamentary backing to sell an expected 25% stake in the postal services.
Read MoreThe management of Deutsche Post, Germany’s postal service operator, has defended cost reduction measures such as the planned closure of up to 800 post offices this year. Chairman Klaus Zumwinkel announced at the annual general meeting that the company would still comply fully with its postal obligations.
Read MorePlans to deal with the deregulation of Royal Mail were yesterday described as ‘half baked’ by the director of quality for express parcel delivery service, TNT.
At a conference organised by Junior Chamber International, Chris Fowkes claimed the idea of working alongside Royal Mail who would then complete the ‘final mile’ of delivery would be untenable.
He said TNT was ‘holding back’ until it could be guaranteed a share of the market of ‘between 25 and 50 per cent’.
Read MoreRoyal Mail is close to completing a GBP130 mil project to implement its Address Interpretation technology in all of its UK sorting office, with 63 out of 70 sorting offices already equipped with the technology. Lockheed Martin is the prime contractor for the project, with a five-year contract from Royal Mail.
Read MoreRoyal Mail has confirmed the appointment of Abbott Mead Vickers BBDO and its sister Omnicom shops Proximity and Wolff Olins to handle its communications.
The above-the- line work is worth pounds 20 million.
Last month, Royal Mail announced it had ruled out WPP, M&C Saatchi and Grey Worldwide from the pitch for its integrated account. Omnicom’s presentation was the only one put forward for a second round of research. The results of this research led to the consortium’s final appointment this week.
Read MoreThe InfoComm Development Authority said it has rejected the proposal of Singapore Telecommunications Ltd unit Singapore Post to raise domestic postage rates for mail weighing 20 and 40 grams.
“This decision was arrived at after a detailed review of SingPost’s proposal and an audit of SingPost’s figures,” IDA said.
Read MoreRoyal Mail has dropped the use of railfreight after deciding that the service was too slow and expensive.
The move will cost EWS, Britain’s biggest railfreight company, millions of pounds and strike another blow to the country’s creaking railway network.
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