Tag: ECT

Portuguese and Brazilian Posts Partner

Posted by | Mar 26, 2007 | |

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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Brazil: ECT plans to have its own air postal services

Posted by | Aug 7, 2006 | |

ECT, the Brazilian state run postal service, is considering to operate its own air transportation services through leasing of aircraft, instead to outsourcing transportation. Actually this idea has been taking shape for quite some years and recently gained force with the involvement of ECT in several corruption scandals. A study was commissioned to Bain & Company, for R$2,3mil, on the feasibility to operate directly the 23 routes of the main service, and also a methodology for tender the leasing of aircraft. It is not discarded the adoption of a mixed own and outsourcing main transportation system, providing costs are cut without hindering the performance.

A recent auditing on ECT, following the political scandals, showed several irregular procedures.

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Federal Supreme Court could break Brazil’s post office company’s monopoly

Posted by | Nov 16, 2005 | |

The Federal Supreme Court (STF) could put an end to the judicial attempts of Brazil´s post office company, the Empresa Brasileira de Correios e Telégrafos (ECT), to maintain its monopoly on postal services during the plenary session tomorrow, when it resumes consideration of an appeal by the Brazilian Association of Distribution Companies (Abraed), which represents almost 50 associates. The services rendered by Correios and in some cases also by private companies move R$5 billion a year.

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Brazil ECT launches new services to increase market share

Posted by | Nov 3, 2004 | |

Brazilian state-run postal service company Empresa Brasileira de Correios e Telegrafos (ECT) will launch on November 4, 2004 the new services named Sedex Hoje and Sedex Mundi, aiming to increase its market share. ECT’s Sedex Hoje service envisages deliveries in the same day and will involve the company in a very saturated business segment in the country. Sedex Mundi will help the company start express deliveries to 215 countries worldwide from the present 170, thus making the company compete with large international firms, operating in Brazil.

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Correios to invest USD38mn in internet projects

Posted by | Sep 11, 2003 | |

Brazil’s state-owned postal service ECT, known as Correios, plans to invest 113mn reais (today US$38mn) in three Internet projects over the next five years, on top of 37mn reais already spent, according to AE Setorial. The three projects – online shopping mall, Internet access and digital certification for tax identification numbers – should reach breakeven Correios Internet manager AntAnio de Paulo Braquehais was quoted as saying.

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