United Parcel Service is introducing its expedited service in Colombia, Honduras and Guatemala, the company said Monday. The new service, already offered in over 45 countries worldwide, will provide customers in these countries with additional shipping options.
Read MoreThe Minister of Posts and Telecommunications Nimal Siripala de Silva said that the objective of the Government was to establish a postal system which would meet the needs of the 21st century and carry out efficient and attractive services to take the people through shifting all Post Offices and Sub Post Offices in the country which were in rental houses to their own places and they were provided with modern facilities such as telephone, fax, e-mail, telemail, internet etc., and starting “postal shops” which provide services like stationery, photocopy in addition to postal service.
Read MorePanel head calls for postal privatization in inaugural meeting.
Read MoreThinking out of the P.O. box
Read MoreLast year, the best financial results among Baltic postal companies were achieved by Latvijas Pasts (Latvian Post), the company has reported. Last year, Latvian Post saw revenue exceeding costs by 6.25m US dollars. The total revenue for last year amounted to almost 37.5m US dollars. Lithuanian Post amounted a profit of 1.95m US dollars on the total revenue of 34.21m dollars, while Estonian Post made a profit of 1.47m US dollars on the total revenue of 29m dollars.
Read MoreMetapack will take care of supplying orders for online retailers, but is held back by lack of a track record and by scepticism about the e-commerce sector
Read MoreThe race is set. UK companies and privatised European postal services are jostling to get a foot in the door of the soon-to-be deregulated UK postal market. The new market regulator, PostComm, will fire the starting gun at the end of the month when it issues proposals on how to increase competition
Read MoreBritish Airways and KLM, the Dutch national airline, have renewed talks about future co-operation less than nine months after they abandoned negotiations on a merger that would have created the world’s biggest airline by turnover. KLM said the contacts were about “alternative forms of co-operation. The regulatory environment does not let mergers happen, but there could be other forms of co-operation.” The airline was also having discussions with a number of other airlines.
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