Proposed Acquisition of P&O Trans European for GBP152.5 million
Proposed Acquisition of P&O Trans European for GBP152.5 million
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Home delivery service launched in India
Indian expatriates can send non-dutiable items to India at competitive rates, following the launch here of a home delivery postal service recently.
The new service, named ‘EziBox’, will cover all parts of India, with delivery to major cities taking one week. Outside the major cities, delivery time is two weeks, said Kamal Hassan Mohammed, Manager of Safeenat Al Sahrah, a regional overland service provider and agent for Empost Courier Service.Items accepted will include clothes, stationery, gifts and food (desserts and sweets), among other things.
The service solely deals with non-dutiable items which fall under the rules and regulations of Indian Customs.
Read MoreAngry Postal chief overturns break-up
Controversial plans to break up postal services have been dropped by the regulator Postcomm following a fierce rearguard action from Royal Mail chairman Allan Leighton.
He threatened to resign unless plans to hive off the delivery business from the rest of the postal system were abandoned.
A Postcomm spokesman said this weekend: ‘We have no plans to consider separation. This is definitely on the back burner.’ The consumer group Postwatch was pushing hard for the scheme. It wanted the regulator to introduce more competition by separating Royal Mail’s delivery business.
Read MoreFedEx Express offers more shipping options within intra-Asia market
FedEx Corp has begun utilizing the first of six recently awarded interim frequencies that allow FedEx Express to carry local traffic on key flights within the Asia Pacific region. The six interim frequencies, which strengthen the company’s competitive stance in that fast-growing region, mean that FedEx can offer additional direct service on flights between Hong Kong and other Asian markets with minimal start up costs.
FedEx is using two of the interim frequencies on Seoul, Korea to Hong Kong flights. Two other frequencies are in use on Manila to Hong Kong flights. One frequency will be applied to an existing flight between the FedEx Asia Pacific Hub in Subic Bay, the Philippines, and Hong Kong, beginning December 8, 2002. The remaining frequency will be used to initiate a new round-trip flight between Hong Kong and Subic Bay, effective December 8.
Read MoreRoyal Mail Group MBO bid for in-house arm
The Royal Mail Group is considering an MBO bid for its in-house PR division, it emerged this week.
The division – Communications Services – competes against external agencies to provide PR, internal communications, events, exhibitions and design support for the group’s three divisions: Royal Mail, the Post Office and Parcelforce Worldwide.
It is understood that an MBO bid, being led by division director Mick Kelly, is under consideration by senior group staff.
Read MoreRoyal Mail boss quits 'Leighton's Boys' club'
Gillian Wilmot, managing director at Royal Mail, said yesterday that she was leaving the postal organisation because there was no longer a suitable role for her there. Sources close to Mrs Wilmot said yesterday that she had found the management team, chaired by Allan Leighton, to be “a boys’ club”. Mrs Wilmot arrived at Royal Mail two years ago and was responsible for both the business and consumer markets of the mail delivery business, which is worth over pounds 4 billion. Her arrival was hailed as heralding a new era for the predominantly male management team.
Read MoreBulk of First-Class Post to be moved by road
Royal Mail is to scale down dramatically its use of trains to transport first-class post in a move that could cost Britain’s biggest railfreight company millions of pounds.
The changes, part of Royal Mail’s transport strategy review, have caused a row about the performance of the freight company, English, Welsh and Scottish.
Read MoreUS Postal Service to deliver discount to largest first-class mailer
A battle is mounting as the United States Postal Service seeks approval for its first-ever negotiated service agreement to provide discounted rates to the nation’s largest first-class mailer.
The Postal Rate Commission is likely to announce a decision in February on the pending deal with Capital One Services Inc.
“We are seeking ways to make it easier and more beneficial for postal customers doing business with us,” said Anita Bizzotto, Washington, D.C., chief marketing officer for the Postal Service.
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