Deutsche Post, the German postal services group, is to offer the operators of around 7,500 sub post-offices new contracts with which it aims to make savings. By introducing the new contracts it is aiming to cut costs.
The post offices involved are smaller sales points, for example in supermarkets, travel agents or lottery sales points, and account for 7,500 of the around 13,000 total number of offices operated by the group.
Read MoreSingapore Post Pte Ltd has been permitted by the Foreign Investment Promotion Board (FIPB) to set up a joint venture subsidiary in India along with Consignia (Royal Mail) and the Netherlands-based TPG Group. According to the plans sanctioned by the FIPB, Singapore Post will form a 50:50 JV in India with Netherlands-based G3 Worldwide Mail. G3 Worldwide is a joint venture between three partners, the TPG Group, Consignia (Royal Mail) and Singapore Post.
Read MoreThe private contractor responsible for delivering airmail parcels from the United States last night rejected suggestions it was engaged in profiteering amid a public outcry over its controversial charge-on-delivery policy.
General Logistics Systems (Ireland), a Dublin-based subsidiary of Britain’s Royal Mail, insisted it did not turn a profit on the tariffs, saying they represented customs and excise tolls.
Read MoreRoyal Mail announced the launch of DM Online, a new first of its kind service for smaller businesses. The service enables users to undertake the whole process of developing a piece of direct mail from conception to mailing, in their own time and with the benefit of Royal Mail’s expertise and purchasing power.
DM Online provides a simple and effective solution for those who currently find it hard to access the services they need to use direct mail. The service enables SME’s to utilise state-of-the-art web based design tools as well as to gain access to all the elements of the supply chain necessary to undertake a direct mail campaign.
Read MoreRoyal Mail is embarking on its first nationwide customer acquisition campaign to ensure the vital success of its Sameday delivery service.
The postal operator, which faces questions over its long-term stability, is planning to raise awareness of its document and parcel courier service – Royal Mail Sameday – which was launched in 2001.
It is the first marketing initiative to be linked to the service, and will target 5,000 small-to-medium size businesses with both a direct mail campaign and a telemarketing push to prospective customers.
Read More1 January 2003 – Exel acquired their Irish agent Kenny Shipping
Read MoreDespite a $1 billion profit in the first quarter of its fiscal year, the U.S Postal Service may have to request authority for another rate increase if Congress does not pass legislation reforming its pension payments.
Postmaster General John Potter told the new Presidential Commission on the U.S. Postal Service Wednesday that legislation is needed to change the amount the Postal Service pays into the Civil Service Retirement System or ratepayers would be overpaying into the fund by $71 billion. With legislative change, rates could remain stable through 2006.
Read MoreThe US post office is beginning the process of seeking a rate increase even as it awaits congressional action that would make the step unnecessary.
The internal process of preparing for a new rate case has started, postal vice president Azeezaly Jaffer confirmed Thursday.
Last fall, a financial review discovered that the Postal Service had paid too much into a retirement program for workers who joined the agency before 1983.
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