TNT Post Group (TPG), the Netherlands-based mail, express and logistics organisation, is set to expand its value-added service capabilities in Europe by acquiring a British company specialising in data capture, database management and output services.
Read MorePortugal state postal firm to sign deal with TNT
LISBON, March 23 (Reuters) – State postal company CTT-Correios de Portugal has agreed a strategic partnership with the Dutch TNT Post Group NV (NYSE:TP – news) covering courier services and urgent mail, industry sources said on Friday.
Officials at both TNT and CTT declined to comment but the sources said the accord would be signed in Lisbon on Tuesday.
“TNT will become the international strategic partner that CTT was looking for,” said one of the sources.
CTT broke off alliance talks with French state postal company La Poste in February.
Read More46% revenue increase brings DPWN to Euro 32.7 billion
Profit leaps to Euro 2.38 billion
Strong rise in revenue generated outside Germany
Number One e-business service provider
MAIL HITS BACK AT WATCHDOG’S TACTICS
Read MoreThe German post office, Deutsche Post,
achieved a 48-percent rise in net profit last year to 1.53 billion euros
(1.4
billion dollars), the semi-public company said on Friday.
Deutsche Post, the German postal and logistics group, on Friday reported better-than-expected 2000 earnings, but a close look revealed that gains largely stemmed from one-off effects and first-time consolidations
Read MoreREaD Group and Postal Preference Service are collaborating on opt-out data
service even as Office of Fair Trading probes Royal Mail involvement in
Postal Preference Service, UK
French national postal organisation La Poste, has awarded Bell & Howell
the contract to supply its mail inserting equipment. La Poste’s order
for 42 systems represents the largest single order for inserters that
the US information services company received in 2000 and is worth
around $5m.
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