Hays sells Spanish mail services
HAYS, The support services group, sold its Spanish mail services arm Hays DX Express for pounds 500,000 to its management.
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Consignia backs off after regulator calls for supporting information
CONSIGNIA, formerly known as the Post Office, yesterday suspended plans to increase the price of first and second class stamps by a penny each, after the postal regulator made it clear that it would not approve the increase
Read MoreConsignia forced to drop request to put a penny on the price of stamps
CONSIGNIA, the former Post Office, was forced into an embarrassing climb-down yesterday over its request for an inflation-busting hike in the price of stamps, but immediately sought to blame the Government for the debacle. In April, just days after being granted a licence to operate as a plc under a new regime, the company shocked the regulator, PostComm, with a demand that both first and second class stamps go up by 1p in October. PostComm had earlier said that it expected prices to be frozen for two years.
Read MoreTime slot is money
Delivering to homes at specific time slots pushes up the cost dramatically
Read MoreRoyal Mail's snail mail needs a big improvement
Royal Mail’s snail mail needs a big improvement
Read MoreRoyal Mail raps plan for strikes
THE Royal Mail has condemned postal workers for calling two strikes
that will halt deliveries.
FedEx rolls out post office drop-boxes
FedEx Express Tuesday began the installation of more than 700 self-service drop boxes at post offices in Washington D.C., Chicago, Philadelphia, and Trenton, N.J. An additional 32 cities will be added by the end of July. FedEx will pay the Postal Service $126 million over the next seven years for the right to set up 5,000 drop boxes
Read MorePoste Italiane in preliminary talks to buy Correo Argentino majority – report
Poste Italiane SpA has started preliminary talks with Socma Americana SA regarding the acquisition of a majority stake in Correo Argentino, the postal service concession of Socma’s Sideco Americana SA unit, Buenos Aires Economico reported, citing market sources
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