TPG Post Future for postal services
TPG Post Company Profile
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La Poste perspective
La Poste Company Profile
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Read MoreAn Post wins right for challenge on prices as it faces 70m loss
A refusal to allow a 12c increase on the price of a stamp could lead to 70m losses for An Post in four years time, it has been claimed. Communications Regulator ComReg’s block on a stamp price hike from 48c to 60c for a standard letter threatens the financial recovery of An Post, the High Court has heard.
An Post chief executive Donal Curtin claimed ComReg has put An Post “back on a financial knife edge in the immediate future”. If An Post does not get an adequate price increase, it will lose at least 6m this year, break even next year, and losses will grow to 5m in 2008, 30m in 2009 and 70m in 2010, he said.
The High Court yesterday granted An Post leave to challenge the regulator’s decision.
Deutsche Post World Net agrees to sell Marken to 3i
Deutsche Post World Net has agreed to dispose of Marken, a specialist clinical trials courier company that it acquired as part of the acquisition of Exel in December 2005. A sale has been agreed with 3i with the support of the existing management team. The parties have agreed not to disclose financial details of the transaction. Marken currently employs 200 people including an experienced management team, who will all remain with the business. The purchase helps safeguard the future of those employees and will enable Marken to focus on its specialist business outside of the DPWN network.
Read MorePall-Ex posts 500 PoD sets
Rivalry among pallet networks is set to focus sharply on IT, with news that Pall-Ex is sending out 500 tracking and electronic proof-of-delivery sets to drivers this week. Pall-Ex owner Hilary Devey says that the network will give customers nationwide coverage by the end of November at the latest, with all collection and delivery vehicles using the devices. This will give Pall-Ex a lead in the market – but Devey expects rivals to respond before long with their own variations on the theme.
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.