Business Post half year results
Business Post increased its pre-tax profits by 17.8% to £6.7m in the 6 months to 30 Sept, on turnover which was 4.6% higher at £63m.
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Postcomm consults on standard licence applications from Hays, TNT UK and TPG Post UK
Postcomm today began consultation on the proposed issue of new long term
standard licences to three companies: Hays Commercial Services Limited, TNT
UK Limited and TPG Post UK Limited. They are the first applicants for standard
licences which mark the start of wider competition in postal services.
Unipost forecasts 3% turnover increase and has ambitious plans
Unipost, Spain’s leading private postal service operator, forecasts a 3 per cent turnover increase for 2002 and has ambitious expansion plans. While private postal service companies currently account for 11 per cent of Spain’s postal market, Unipost alone controls a 7 per cent share of this market.
Read MoreBusiness Post Half Year Results
Business Post Half Year Results
Read MoreLansinoh Laboratories Chooses UPS for Logistics, Financial, Freight Services
Lansinoh Laboratories, which provides products for new mothers, will rely on four UPS business units to support its growth while it focuses its internal resources on product development and sales.
Read MoreSlovak Post to raise rates despite profits
State-run postal services monopoly Slovak Post has announced plans to raise its rates, despite racking up huge profits over the last decade.
Company officials claim that unless postal prices go up by 15 per cent from January 2003, Slovak Post’s revenues won’t cover the investment it needs to make in preparation for EU entry.
After years of declines, the company’s fortunes took a turn for the better in 1997, when, for the first time, it was allowed to adjust its rates in line with inflation, which exceeded 60 per cent over the four years of its existence. Three yearly inflation adjustments followed, helping the company make a profit of Sk240 million ($5.7 million) in 2001.
Read MoreRoyal Mail trains to Glasgow are to be scrapped after 132 years on the tracks
Royal Mail trains which carry overnight sorting offices to Glasgow are to be scrapped next year. The cost-cutting move will bring to an end to more than 130 years of history and affect almost 80 staff who work on the travelling post offices (TPOs). Staff who man the 132-year-old mail train service fear they will lose their jobs as a result. And they are also concerned that the move will mean a reduced service for customers.
Read MoreUruguayan Post Office will distribute for Deutsche Post in the Region
The postal service will shortly become Deutsche Post’s distribution centre of mail for all of Latin America, including Mexico, according to Gustavo Osta, vice president of the postal service. This project is of vital importance to the company in two respects: firstly, it will process a volume of mail greater than that which is processed in Uruguay, about 30 million pieces a year, and it will also position the company in the international markets, since it will be teamed up with the second largest global firm in this sector. (translation from original)
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