Express mail market, the capacity of whichin Russia is about $100 million a year ismostly controlled by internationalcompanies: 51% belongs to DHL, 19% – toTNT, 10% – to UPS, 7% – to FedEx and 13% -to EMS “Garantpost”.
Read MoreDeputy Jaroslav Volf (the Slovak Social-Democratic Party) is already preparing a revision to the law on postal services, although parliament passed the law only at its last session. “The revision should exclude express services from the category of the universal postal service and shorten the period of Slovenska Posta’s (Slovak Post Office) monopoly in delivery of consignment up to 1 kg until the end of 2002,” informed Volf.
Read MorePostal charges will rise in April as planned – the first increase in six years.
Postmaster-General Luk Ping-chuen said yesterday there was no reason to further postpone the rise despite growing calls for cuts in public service fees and charges amid the economic downturn. Postage was originally set to be raised last month.
Deutsche Post (G.DPW) intends to postpone acquisitions plans in the U.S., Europe, and Asia as a result of increased risks caused by the Sept. 11 attacks in the U.S., Chief Executive Klaus Zumwinkel tells Tagespiegel.
Read MoreNovember 2001 – TPG have acquired 100% of T.E.I. Ltd, a Thailand express service for the domestic market.
Read MoreTwente Express, the West-Midlands member of pallet delivery network Pall-Ex, has built a 500 sp meter transhipment area and loading bay for double deck trailers at its Brownhills depot.
Read MorePalletways has recruited two new members, Oxford Logistics and Basildon-based Balin Distribution.
Read MoreThe prospects of a swift recovery at Mothercare came to an abrupt halt yesterday when the company warned it had serious problems at its new warehouse which would hit full-year profits. Stores were running short of stock because of the warehouse hold-ups, and that was being reflected in lost sales. The warehouse is operated by Tibbett & Britten, which has a five-year contract. Mothercare chief executive Chris Martin said Mothercare would raise the issue of compensation once the full costs of the problem had been calculated.
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