Pitney Bowes has confirmed it is looking to buy mailing subsidiary Sepac from the French diversi fied services group Fimalac for approximately FFr1.45 billion.
Secap provides a range of mail processing equipment, supplies and technology for low- to mid-volume mailers.
Analysts have warned the governments intention to plough ahead with a Euro60 billion privatisation plan, which could include Poste Italiane, may face practical problems as global growth slows and political opponents voice their criticism.
Read MoreThe French secretary of state for industry, Christian Pierret, yesterday told a gathering of France’s mayors in Paris that the French government has no intention of dismantling the network of the French post office (La Poste).
Read MoreThe Slovak Post Office Slovenska posta (SP) showed profits of Sk434 million on revenues of Sk4.521 billion and costs of Sk4.087 billion in January-September of the year, spokeswoman Petra Malarova told a news conference today.
Read MoreTHE POSTAL regulator Postcomm has licensed a private company, Deya, to deliver essential mail in the event that postal workers go on strike.
This is the first time the regulator has given the go-ahead for a rival operator to deliver letters specifically in the event of industrial action at the Royal Mail.
Posts minister Toranosuke Katayama said Tuesday he will try to seek a compromise by the end of the year over the controversial issue of whether to liberalize the state-run postal services sector.
A study panel at the Ministry of Public Management, Home Affairs, Posts and Telecommunications will soon compile an interim report that is expected to only ask for partial liberalization of postal services when a new public corporation takes over as planned in 2003.
About 70% of FedExs expected US$21 billion revenue this fiscal year will come from express air shipments, but the picture is changing rapidly. Ground shipping accounting for a fourth of sales is growing at eight to 10 per cent, twice the rate of express, said the firms CEO Fred Smith
Read MoreDeutsche Post is in negotiations with several large industrial firms over logistics outsourcing contracts, chairman of the board of management Klaus Zumwinkel said.
Read More
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.
