Integrators have welcomed China Post’s postponement until 15 June of planned curbs on international express mail operations. A UPS spokesman said postponement was “a step in the right direction and shows the Chinese are willing to work with us”.
Read MoreEurope may be treading a long and painful path towards postal liberalisation, but at least private companies will feel they have some prospect of competing on an equal footing with the public postal operators (PPOs) once the European Commission has decided its final strategy.
In China, by contrast, doors appear to be closing in the face of express companies such as UPS and FedEx, which have invested heavily in the parcel and document market. China Post announced its intention in February to extend its monopoly to items weighing up to 500g. It will ban private operators from undercutting its EMS express arm on price for heavier items, and from making any deliveries to government offices.
Hyundai Express said Friday it has launched a home delivery service jointly with Asiana Airlines this month. Called “Aviation Home Delivery 5,” the special delivery service will be able to deliver goods in five hours from any city in the country, including Seoul and Jeju Island.
Read MoreThe global transportation and logistics company Neptune Orient Lines Ltd (NOL) reported a loss for the full year 2001 of USD 57 million. This includes the one-off provision of USD 14 million for impairment in values, particularly of various non-core property investments.
Read MoreNPA has said foreign courier companies could not handle parcels of less than 18 ounces and that their prices must be listed higher than its own. The has NPA set a May 6 deadline for all foreign couriers to apply to the government for permission to continue their operations under the new terms or otherwise cease their business operations.
Article about effects of proposed changes.
Market Size data: According to industry estimates, foreign couriers handle more than 60 percent of parcels in China weighing under 18 ounces and their prices are often 15 percent lower than NPA’s courier service.
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