The German government plans to extend the national monopoly held by Deutsche Post in letter delivery beyond 2002, because of the lack of EU-wide liberalisation in the matter, economy minister Werner Mueller said on Friday.
Read MoreTHE United States Postal Service (USPS) of the US Government has signed a five-year agreement with an Indian courier company – Overnite Express Ltd – for launching ‘Overnite US Smart Sewa’, a document and parcel delivery service from India to any part of the US. This is USPS’ second such agreement in Asia to increase its business volumes. Last year, it had roped in Hinjin Express of South Korea for launching such services between the US and South Korea.
Read MoreThe United States Postal Service has just completed a difficult first four accounting periods. Through this period, the Postal Service reported a loss of $87.3 million, which is $419.9 million worse than plan. These results explain the rapidly declining official projections of the Postal Service’s financial performance. In four months, the Postal Service’s public pronouncements about this year’s prospects have changed from a surplus of $150 million to a deficit of $2 billion. The actions taken yesterday by the Postal Service Board of Governors indicated that deficits of this size cold pose significant financial consequences for the Postal Service.
Read MoreA BOSS whose company spends £20,000 a year on postage was furious over continual late deliveries. Christopher James complained to the Royal Mail that its poor service was costing his building company money. And soon he received some ‘compensation’ in the post – a booklet of four 27p first-class stamps.
Read MoreThe U.S. Postal Service will begin offering a new, enhanced delivery
information service called Signature Confirmation on Feb. 4. The new service
will provide customers with a copy of the recipient’s signature on request.
Stamps.com laid off 150 employees in Bellevue, WA, and Santa Monica, CA,
representing a 50% cut in its work force
Draft Social and Environmental Guidance to the Postal Services Commission
issued under section 43(2) of the Postal Services Act 2000
The Post Office has stepped up its efforts to provide fulfilment
services for e-tailers, giving a further signal of the company’s
intention to become a major player in the e-commerce arena
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