Deutsche Post AG may have been premature in heaving a sigh of relief when the European Union Commission closed one of three investigations into its business with the imposition of a fine of 24 million euros last month. “The possibility of further fines on Deutsche Post should not be ruled out,” said a Brussels insider.
Read MoreGov’t begins talks with union fortrimming postal staff
Read MoreChina to open up postal service but not letter delivery yet.
Read MoreSwitzerland’s Kuehne & Nagel AG has set aside up to $400 million for a possible U.S. logistics acquisition, company officials say.
Read MoreThe forest of construction cranes towering over the foundations of yet another new terminal building at Paris Charles de Gaulle airport bears eloquent testimony to the rising challenge posed by Air France to its rivals around Europe. The rejuvenated French flagcarrier is exploiting to the full the opportunities offered by the development of Charles de Gaulle to build the most efficient aviation hub in Europe.
Read MoreThe world’s largest airline was created on Monday, when a US appeals court reversed an order that had temporarily blocked the $742m purchase of bankrupt Trans World Airlines by AMR’s American Airlines.
Read MoreThe RH Group, based in Nottingham (Great Britain) and specialized on international transports and logistics, reported record results for the year 2000 despite a difficult economic environment. Profit before taxes climbed from GBP 1.1 to 1.5 million. Turnover rose from 43.8 to 46.6 million
Read MoreOn 12 November 1986 the Cabinet MCC/SOE Committee directed
officials to review the letter post monopoly by 1 April 1989.
This reporting date was subsequently brought forward to 31
October 1988 by Cabinet. The review is attached, and is
summarised in this paper. In compiling the review officials
consulted widely with interested parties, including New Zealand
Post.
The postal market
2 The Postal Services Act 1987 provides a monopoly to New
Zealand Post for the carriage of letters weighing 500g or less
unless a charge of $1.75 or more is made. There are a number of
other exemptions to the monopoly, the most significant being
unaddressed material (eg advertising material), self-delivered
letters, legal material, and transfers between document
exchanges.
3 New Zealand Post has a turnover of $502m (estimated
1988/89) employs 9800, and handles 820m items of mail a year (of
which are standard letters). It also provides a range of
agency services, including electoral roll maintenance, motor
vehicle registration and 230 PostBank branches. Turnover has
reduced compared with the 1987/88 year due amongst other things
to a reduction in agency services, the removal of the Government
subsidy and the rationalisation of shared facilities with
Postbank.
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
