Tag: CTT Correios

Portuguese and Brazilian Posts Partner

Portuguese public postal operator, CTT Correios, has signed a deal with its Brazilian counterpart ECT to launch joint mail, express and financial products later this year.

CTT has taken the lead in setting up a working group to study the international mail, express and money transfer markets with a view to launching new products and services, possibly with the same branding, in both countries in September.

“The agreement is indicative of the importance of commercial relations and growing migration between the two countries,” CTT said in a statement after the signing of the accord in Lisbon last week.

“The dynamism of these markets implies new products, services and brands in the target segments, a revision of costs and the negotiation of new margins between the operators with a view to introducing more competitive prices,” they added. The agreement, based on a common and jointly-managed “action plan”, is renewable annually for five years.

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Spain's Tourline increases volumes by 25%

Tourline Express, the Spanish carrier fully owned by Portugal’s public postal operator CTT Correios, said it had increased shipment volume in 2006 by 24.8% to nearly 8.2 million, from 6.5 million in 2005.

The company says it has increased turnover by 30% a year over the past three years, which would situate revenues at around EUR 130 million for 2006 compared to EUR 105 million in 2005.

Tourline is also moving its Catalonian distribution hub to a new 1,500 sqm facility on Barcelona’s Zona Franca estate, double the size of the previous installation. Tourline opened 32 new branches across Spain last year.

“The move to the new platform signifies a notable increase in the number of shipments per day we manage in Catalonia and will also improve the security of our activities,” said Josep María Montserrat, managing director of Tourline.

The carrier is investing EUR 300,000 in video surveillance systems at all its distribution centres in a project which should be finished by the end of this year.

Tourline, founded in 1998, has over 300 branches and 10 hubs in Spain, employing just under 2,000 staff and with a fleet of 1,600 vehicles

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Portugal Postal Services prices up 2.0 pct May 1, 2006

Prices of the postal services in Portugal will grow on average by 2.0 pct as of May 1, 2006, according to a publication of Portuguese economic news portal Agencia Financeira on April 27, 2006. The price increase resulted from two agreements earlier signed between Portuguese postal operator CTT-Correios de Portugal and the country’s communications regulator Anacom. Apart from the price increase, the agreements envisage also improvement of the postal services quality. However, prices of stamps for up to 20 g normal and express mail will remain unchanged at 0.30 euro (USD0.38) and 0.45 euro (USD0.57), respectively.

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Portugal CTT Expresso best European express mail operator

CTT Expresso, a subsidiary of Portugal’s postal operator CTT-Correios de Portugal, has been awarded as the best express mail service operator in Europe, Portuguese economic news portal Agencia Financeira reported on April 17, 2006.
CTT Expresso received the silver certificate in the EMS Certification Awards, which are annually organised by EMS Cooperative, an association created by the United Nations (UN) as part of the Universal Postal Union project. CTT Expresso is considered also the 11th best performing express mail operator worldwide among a total 196 sector companies.

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