BRITAIN’S CONSIGNIA BUYS REMAINDER OF DGE
7 January 2002 Consignia has acquired the remaining 51% shareholding in Italian parcel group Direzione Gruppo Executive for GBP10m.
Read MoreYear: 2002
Universal bank fears prompt Post Office plan
Contingency plans to maintain the rural and sub-post office network if the government’s Universal Bank plan does not start on time are being discussed in Whitehall amid growing conviction that the deadline will be missed.
Delay could see the Department of Trade and Industry paying an additional, temporary subsidy to Consignia, the renamed Post Office, to keep endangered branches open.
Read MoreTesco takes internet home delivery to US
TESCO FORMALLY launches its internet home shopping service in the United States today as part of a deal with Safeway, the American supermarket group.
The service will be run under the Safeway name and be operated from five Safeway stores in Portland, Oregon. The US group is completely separate from the UK company of the same name.
The launch of the service represents a coup for Tesco, which will be exporting British know-how to a market that was supposed to be the world leader in internet grocery deliveries.
Consignia Legal Threat
Postal group Consignia has been threatened with legal action after reports that deliveries to thousands of rural homes in Scotland have been cut back to save money. Media reports said that 2,284 rural homes in Scotland have stopped receiving deliveries on a Saturday.
Read MoreCanada Post Raises Rates
Canada Post Corp. will increase U.S. and other international rates and domestic lettermail rates today.
Read MoreWincanton win Conoco contract
Wincanton has won a five year contract for the distribution of Conoco petroleum products including Jet-branded petrol and diesel, aviation fuel, marine oil and LPG.
Read MoreAmtrak mobilises for a new global push
The international sector looks likely to remain the major focus of attention this year for Amtrak Express Parcels. Traffic doubled in the second half of last year after the company relaunched its international services, helping to shield it from a domestic marketplace in which volumes for most operators are flat and prices falling.
Read MoreNew law to prevent undercutting by couriers likely (UAE)
THE UAE is likely to come up with a law fixing a threshold below which no courier company will be allowed to offer services in the local market, industry sources said.
The move has been initiated by Empost (Emirates Corporation for Commercial Postal Services), a wholly owned subsidiary of the UAE General Postal Authority (GPA), which has recommended to the Ministry of Finance and Industry to enforce the new law, the sources said.
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