TNT UK Ltd Mail Delivery Licence 1
TNT UK Ltd Mail Delivery Licence 1
Read MoreAuthor: Archive
TNT seeks mail delivery licence
THE FIRST application has been made for a licence to deliver mail since postal services were opened to competition by PostComm, the industry regulator, in March. TNT UK, a division of TNT Post, is seeking two one-year licences to operate an internal mail system for an unnamed bank and to provide a guaranteed next day delivery service to another company in the financial sector
Read MorePostcomm consults on interim licences for cross-border postal collection services and special mail services
On 10th May Postcomm began consultation on the proposed issue of a short term licence to G3 Worldwide Mail (UK) Ltd, a company with existing outbound cross border postal services, and on the proposed issue of two short term licences to TNT UK Limited, a company with existing, niche value-added postal services.
Read MoreTurnaround for P&O Nedlloyd
P&O Nedlloyd Container Line said it had after tax earnings of $18 million on revenue of $1.01 billion in the first three months of the year, compared to a loss of $29 million on revenue of $896 million in the same period in 2000. Operating profit was $31 million in the first quarter versus an operating loss of $14 million in the first quarter of 2000
Read MorePost Office eyeing more alliances
Post Office eyeing more alliances
Read MoreA Roiling Battle in China Over Express Mail Service
China: State Postal Bureau claims that foreign freight forwarders are
violating law that gives its Express Mail Service exclusive right to deliver
international express mail
FedEx: More alliances, less spending
Government reports that the U.S. economy grew by 2% in the first quarter of this year are misleading because 1.75% of that growth came from lower imports, according to Frederick Smith, chairman and chief executive of Federal Express Corp. Speaking at the Global Transport and Logistics Conference sponsored by Bear Stearns, Smith predicted that the gross domestic product figure would be revised downward. Smith attributed the downturn in FedEx volumes thus far to a slowdown in high tech, which accounts for a major share of FedEx’s business.
Read MorePrivate delivery of inbound international mail in China
A bitter feud between freight forwarders and China’s official postal sector appears unavoidable with each side unable to agree on whether exclusive rights exist over the delivery of international mail.
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