A former New Zealand Post executive paid a $208,000 golden handshake last year has been hired as chief executive of Maltapost. NZ Post subsidiary Transend holds a 35 per cent stake in the Maltese postal service.
Read MoreGermany’s monopoly commission on Monday called for the setting-up of a cross-sector regulatory body, particularly for network-based industries that were once monopolies such as telecommunications, postal services, electricity, gas and railways.
Read MoreParcelforce, the heavily loss-making parcel wing of Consignia is offering more employees the chance to become self-employed owner-drivers as part of its far-reaching restructuring and cost-cutting drive. Successful trials at a number of depots, including Milton Keynes, Aldershot and Leeds, have persuaded Parcelforce to extend the scheme.
Read MoreUnited Parcel Service Canada Ltd. has delivered a new shot at Canada Post, emboldened by a European Commission decision forcing Deutsche Post to repay about $840 million to the German government for using monopoly profits and state aid to subsidize its commercial courier operation.
Read MoreGermany’s Deutsche Post said Monday it will set up a mail distribution joint venture with Dutch publisher Wegener NV aiming to become the second largest player in the Dutch postal market after former monopolist TPG NV. In opening trading, TPG shares fell on the news but subsequently recouped losses as analysts said they didn’t expect any impact on the company in the short term.
Read MoreThe French post office (La Poste) last week unveiled plans to shut five of its eight sorting offices in Paris by April 2005 in order to increase productivity. This initiative will involve replacing the offices in question with one mechanised centre with new machines capable of sorting greater volumes of mail.
Read MoreDeutsche Post (DP) expects to have a double-digit share in the Dutch postal market within the next five years, Deutsche Post’s divisional board member Herbert-Michael Zapf told reporters on Monday. DP’s share in the Dutch market is currently below five percent, he said.
Read MoreThe door-to-door delivery of mails project is to be expanded over a five year period to cover other regional and district capitals that have proper layout with well demarcated numbered buildings. The delivery of mails was introduced in 1999 as a three-year pilot project by Ghana Post Company Limited to meet the growing demand from customers to receive their mails in their homes.
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