The European Commission said it deepened its probe into the acquisition by Computer Sciences Corp of Royal Mail Business Systems. The commission said it is now investigating the deal under its normal procedure rather than its simplified merger procedure, which is reserved for operations that are deemed unlikely to raise competition concerns.
Read MoreFrench post office-owned airline Europe Airpost is planning to withdraw its three A300-B4 freighters over the next two to three years. The move is in response to La Poste’s focus on shipping more mail, parcel and express traffic by high-speed train and road, a mid-term objective being a TGV postal service between Marseille and Paris.
Read MoreA Gulf Cooperation Council (GCC) postal working group, consisting of representatives from the postal authorities of Saudi Arabia, Oman, Kuwait and the United Arab Emirates (UAE), are meeting in Dubai to discuss issues relating to UPU postal regulations and the impact of GATT on postal services in the region. Chaired by Saudi Arabia and hosted by Emirates Post, the working group began a five-day meeting to review a host of issues pertaining to the streamlining of postal activities in the region, including amendments to the agreement between the UPU and the respective countries.
Read MoreDHL Worldwide Express (India) Pvt Ltd has received final approval from the Indian customs authorities to establish a dedicated express handling gateway at the Delhi airport.
Read MoreEmirates Post and Bahrain Post today signed an agreement under which Emirates Post will install a postal services automation system at post offices across Bahrain, stated a press release. Under the agreement, the postal services automation system will be implemented by Emirates Post through Point of Sales (POS) centers at different post offices which will automate all postal services at the counters and at the back office, and provide better customer service through track and trace facility
Read MoreIn the wake of increasing competition in the postal sector, the recently incorporated but still government owned Posta Uganda is diversifying its services. Posta Uganda has launched a new service it has termed Easy Mail. According to Mary Mudaka, the company’s communications manager, letters will be delivered to physical addresses of customers after being picked from their post office boxes or being received through the postal system.
Read MoreGeoPost GmbH, the majority shareholder of DPD strengthens its management structure by the appointment of Mr Chris Ohlund as CEO Germany and of Mr. Claes Österberg as Managing Director for Nordics & Eastern Europe. GeoPost GmbH, led by its Managing Director, Dr. Claude Béglé, has as its purpose to direct the business activities and development of GeoPost’s interests in the region, as a wholly owned subsidiary of GeoPost SA (Paris) and ultimately of the French La Poste Group.
Read MoreIn the first quarter of 2003 the Ukrainian state-run enterprise of post service Ukrposhta increased net revenues by 5.6 compared to the same period last year – to UAH328.9 million. The enterprise’s net profit in January-March was UAH4.6 million (in the first quarter of 2002 – UAH7.1 million), profitability making 1.7 reads a press release of the company. The share of revenues from written correspondence made 20.8% in the general structure of the company’s earnings (20%), from payments and pension delivery and monetary aid – 19.1% (18%), distribution of periodicals – 9.2% (9.7%), money remittances – 5.3% (5.6%), parcels – 2.2% (2.2%), other services – 43.4% (44.6%). Among the most claimed services, the company marked computer-aided remittances, revenues on which grew more than three-fold. Ukrposhta noted that labor efficiency grew by 12.7% compared to the first quarter last year, and average wage increased by 16.6% – to UAH342. The enterprise has no debts to the budget. According to the company, in January-March the amount of capital contributions made UAH14.7 million. Ukrposhta also opened three Internet offices, bringing its number up to 62, including 38 in Kyiv. Ukrposhta is the Ukrainian postal monopoly. The company provides over 70 kinds of services.
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