Lithuania Post trials electric vehicle in postal fleet
Lithuania Post is the latest postal service to try out the current generation of electric vehicles for the delivery of the mail.
Read MoreAuthor: Ian Taylor
European court upholds Norway Post antitrust fine
Norway Post has lost an appeal against a fine from European regulators for abusing its dominant position in the business-to-consumer parcel market.
Read MoreJapan Post Bank jumbo IPO back on track
The privatisation of Japan Post Bank, one of the world’s largest banks, with deposits of ¥174trn (US$2.14trn), is back on track. The prospect of a jumbo IPO of ¥2trn–¥2.3trn – equivalent to the entire Japanese ECM volume in 2011 – provoked excitement among bankers who have seen their equity capital markets teams cut in response to the lacklustre volumes of the past two years. And Japan Post Bank is just one of a long list of potential privatisations.
Read MoreProtected: Social Cash Transfers and Financial Inclusion
There is no excerpt because this is a protected post.
Read MoreCourt backs regulator’s demand for USPS mail product to cover costs
The US Court of Appeals has ruled that regulators do have the power to require the US Postal Service to increase rates for its Standard Mail Flats service to cover its costs.
Read MoreHarry Koorstra resigns as PostNL CEO, takes no compensation
Dutch national postal service PostNL has announced that its chief executive, Harry Koorstra, has resigned with immediate effect.
Read MoreProfits down, revenues stable in “positive” year for Poste Italiane
Poste Italiane saw its net profits falling nearly 17% in 2011, but the company said nevertheless it had an “extremely positive” performance last year remaining one of the world’s most profitable posts.
Read MoreGrowth at Hermes UK online parcel portal “gathering pace”
Parcel delivery company Hermes UK has said it has now delivered 2m parcels from shipments ordered through its online delivery platform myhermes.co.uk.
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