Top IATA agents for SAfrica, Israel, Brazil
Top IATA agents for SAfrica, Israel, Brazil – top 10 by country
Read MoreTop IATA agents for SAfrica, Israel, Brazil – top 10 by country
Read MoreTop IATA agents 2000 for Aus, NZ, Can – top 10 by country
Read MoreJeremy Cope, group managing director for mail services at Consignia,
the state-owned company that runs Royal Mail, said last Friday the
number of first-class letters delivered the following day fell to
just 86.5% in the three months to June 30. Cope said the performance was unacceptable, but blamed it on railway
problems in April and May, and an unofficial dispute that involved
tens of thousands of workers
Three of Europe’s largest national postal services are stepping up their venture capital activities as they jostle to retain a leading role in a once plodding old industry. ‘New technologies are creating new business opportunities,’ says Martin Vial, chairman of France’s state-owned postal monopoly, La Poste. ‘If we don’t take part in this business, someone else will.’
Germany’s Deutsche Post AG, privatized last year and listed on the Frankfurt stock market, has already established its own 50 million euro corporate venture capital fund, Deutsche Post Ventures.
And the Netherland’s TPG — formerly known as TNT Post Group — which is also now a publicly traded company, last month committed 100 million euros to a corporate venture fund called LogiSpring, aimed at backing young technology companies in the logistics sector.
TNT Express Worldwide Phils. Inc., a subsidiary of the TNT Post Group is aiming at least a 20 percent growth in revenue from the express and logistics services this year.
Read MoreWilson Logistics of Sweden has bought VIP Airfreight Pty Ltd of Australia, a specialist airfreight forwarder dealing in movements of food. Most is exported to Asia. Wilson are reported to be interested in strategic acquisitions worldwide.
Read MoreThe Lebanese government has approved a deal for a local investor to replace a Canadian firm to run Lebanon’s ailing postal system
Read MoreA study group set up by Posts Minister Toranosuke Katayama plans to examine opening up mail collection and delivery to private companies as it discusses the planned 2003 transformation of the post office into a public corporation.
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