BPCS Transend deal denied
Sources suggest deal fell through at 11th hour, but BPCS deny takeover on agenda
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Electronic letterbox trialled in the Netherlands
Some 6000 people in the Netherlands are piloting a new electronic letterbox scheme launched by PTT, the postal services arm of TPG, allowing payment of bills electronically anywhere in the world.
EBPP – electronic bills payment
Majority Share for Canada Post
Canada Post is to acquire a majority interest in Progistix Solutions, a wholly-owned third party logisics subsidiary of Bell Canada. CP is partnered with Intelcom Courier Canada, a Montreal based, same day delivery and logistics solutions company, which is also acquiring an interest in Progistix.
Read MoreDHL Spain: Q1 Turnover Up 21%
DHL Worldwide Express saw first quarter 2001 turnover rise 21 percent to 6.3 billion pesatas, a new high, the company said on Wednesday.
Read MoreFedEx suspends employee profit sharing
Employees are finding out exactly what “stringent cost controls” really means at Memphis-based FedEx Corp. as the economy continues to deteriorate its core overnight air express business. For instance, approximately 150,000 employees, including management, of FedEx Corp., the holding company, and its FedEx Express and FedEx Services units have had their profit sharing benefits suspended indefinitely. Profit sharing will not be paid out for the second half of fiscal 2001 as well as for the entire fiscal 2002 unless the company’s business improves significantly, confirmed Shirlee Clark, FedEx spokesman, Monday.
Read MoreDeutsche Post second tranche of shares early next year
Budgetary pressures on the German government means that DP is likely to issue a second tranche of shares early next year according to reports from the German national press.
Read MoreThe colour of money – German postal liberalisation
Deutsche Posts new competitors are stepping up the pressure on the government to abandon its plans to extend its monopoly on certain classes of letter delivery.
Read MoreLa Post acquires Delta Diffusion from Vivendi
The French post office (La Poste) is to take control of Delta Diffusion, a subsidiary of Comareg, part of French publishing company Vivendi Universal Publishing, through its own subsidiary Mediapost
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