The Italian postal service, Poste Italiane, aims for a stock market listing in the second half of 2004 depending on market conditions and plans to expand in Europe and Latin America, CEO Massimo Sarmi has said in an interview.”
Read MoreRoyal Mail today accused Postcomm of “wreck-u-lation” and slipping “a potentially fatal condition” into its final price control proposals because it included an assumption on the cost of access by competitors to Royal Mail’s delivery network. Postcomm has stated: “Royal Mail’s price control is designed, against a reasonable range of assumptions, including on access, to ensure that the company has enough cash to cover its outgoings and implement its renewal plan. It is nonsense to suggest that this is a “bombshell” to Royal Mail. Since October last year we have been discussing the pricing of access with Royal Mail. No price has yet been set for access. “
Read MoreI have been advised that several large mailers (though not yet publishers) have moved their mailings to Europe to take advantage of postal savings afforded by a discount offered by Spring on Royal Mail rates. The rumour is based on the theory that Spring operates just like a consolidator – Spring is an agent and is given a discount (in this case on Mailsort and Presstream mailings) some of which is retained as profit and the balance passed onto the customer to provide a preferential rate.
Read MoreBelgium’s De Post’s four subsidiaries covering the fields of direct marketing, document services, data printing, and newspaper and unaddressed mail will be controlled by a single management team in a move to increase synergies and the co-ordination of added value mail related services, and to cut costs.
Read MorePosta Slovenije, expects profits to be three times higher than its original forecast of EUR 401,000.
Read MoreFollowing a meeting held at PPA’s offices in September last year, Allan Leighton, Royal Mail chairman, will be meeting with senior publishing executives for the second time, at a lunch to be hosted by PPA on 13 March.
Publishing currently accounts for up to seven percent of Royal Mail’s business and the meeting will provide an opportunity to ensure that the publishing sector’s requirements are pushed to the top of Royal Mail’s agenda.
Read MorePostcomm today moved to make Royal Mail improve its patchy first class letter service by tightening up operations in its worst performing postcode areas.
Royal Mail has a minimum target for every postcode area to deliver 90% of first class post on time. About four in five of postcode areas throughout the UK reach or exceed this level of performance. But the remainder – a number of them in densely populated areas – do not. Postcomm today issued an enforcement notice after receiving information from Royal Mail which indicated that the company was unlikely to achieve its 2003 postcode area targets. The notice specifies the actions that Postcomm intends to order Royal Mail to take and gives the company 21 days to respond.
Deutsche Post World Net AG said its parcel business is not up for sale, after WirtschaftsWoche magazine reported the logistic company’s management will decide at its meeting on Tuesday on the future of the business, which could include a divestment. “Truth is that the sale of the parcel division is in no way on the agenda,” said Deutsche Post in a statement.
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