Tag: Chronopost

France has emerged from its economic lull, according to the government, which has upped the 2004 GDP growth forecast to 2.3%. But business leaders are finding it hard to square the country’s new position in the front rank of EU economies with their still struggling bottom lines. “The finance minister talks about 2% growth, ” says Geraud de Chantérac, VP of GeoPost’s French arm, Chronopost France. “We’ve talked to all our competitors and we don’t know where that figure comes from.” Express operators facing little vitality in the domestic market are targeting international services for growth. “The domestic market is very mature, ” says Eric Jacquemet, MD of TNT France. “But the international market is growing by more than 5% a year and we are growing at an even faster rate.” TNT is the third largest operator in France’s international express market, just below Chronopost’s 18.5%. DHL is the clear market leader, with 36% of the market.