Proposals on viability of An Post
Proposals on the future viability of the post office service by the interdepartmental group: list of proposals
Read MoreAuthor: Archive
TDG acquires IWT Worldwide Logistics for £11.7 m
Acquisition of IWT by TDG of the UK will make TDG the 3rd largest logistics company in Ireland.
Read MoreSwedish Post Office to sell its Bank
Posten (the Swedish Post Office) will sell its girobank to Nordbanken AB for approx. USD400m. This will give it a cash pile to invest elsewhere (it says it will be used to strengthen its finances).
Read MoreChina to Launch Priority Package Mail Service
China Post will launch the
priority package mail service starting August 1, an official with the State
Postal Bureau (SPB) announced here Tuesday.
Parcel Carrier DHL-Sinotrans Upbeat
DHL-Sinotrans Express Ltd., a
joint venture between a worldwide express delivery service provider and a
Chinese company, said it expects its business to grow more than 30 percent
this year despite a slowdown in the global economy.
NETdelivery lures $22.8M for U.S. expansion
A Colorado company that’s helping Canada and Sweden perfect the world’s first virtual postal services has secured $22.8 million in new funding to help sell its technology in the U.S. NETdelivery Corp. of Boulder, Colo., has finally closed the Series C round after almost a year of negotiations. The company, which has raised about $40 million since 1995, closed the first part of the round in November but kept it open until recently in response to investor interest.
Read MorePublic trust needed to privatize (Japan) postal savings
Bank of Japan Gov. Masaru Hayami may use vague terms when he talks
about financial policy, but he is crystal clear when he refers to
the controversial issue of privatization of postal services. Hayami told a meeting of managers from the central bank’s branches
held on Wednesday that from the standpoint of maximizing the
vitality of private-sector financial institutions, it is important
to reevaluate the future direction of public banking services. His remark was apparently a clarification of his support for the
privatization of postal savings, long advocated by Prime Minister
Junichiro Koizumi as part of a comprehensive review of the postal
services. Hayami is seen as identifying himself with Koizumi’s
reform initiative, the centerpiece of which is a comprehensive
review of postal services
An Post demand for post office subvention falls on deaf ears
The Government has rejected An Post’s demands to subvent its post
office network, but accepted the business is no longer viable in its
current form
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