The European Commission said it has cleared the acquisition by Deutsche Post AG of Williams Lea Ltd. The deal was cleared under the EU’s simplified merger procedure, a regulatory process use in cases which the commission considers are unlikely to raise competition concerns.
Read MoreAn extra penny could be added to the price of a first- class stamp to help Royal Mail absorb increases in its pension deficit, said Postcomm, the postal regulator. This would mean first class stamps would rise from 30p to 37p by 2010, according to the final version of proposed price controls published by Postcomm. The additional increase would be triggered if the Pounds 4.25bn pension deficit rose to more than Pounds 5.9bn. The latest price proposals are due to take effect on April 3, when first-class stamps will increase to 32p.
Read MoreDeutsche Post may enter the Austrian mail market when it is fully liberalised in 2009, company CEO Klaus Zumwinkel said on March 14, 2006. Deutsche Post, which had sought a minority stake in Austrian postal company Oesterreichische Post two year ago, would be interested in the mail business only in Vienna and its surroundings, Zumwinkel added. Deutsche Post has a workforce of 1,200 in Austria, where it generates 320 mln euro (USD384.9 mln) in revenue a year.
Read MoreStéphane Corthier has been appointed managing director of DHL Express France in place of Olivier Diehl, who has left the company. Corthier had been head of sales, marketing and customer service for DHL Express France since 2003, and previously held the same post at Ducros Euro Express, the express firm acquired by Deutsche Post World Net.
Read MoreFollowing consultation on its final proposals, issued in December 2005, Postcomm has made only very limited modifications to Royal Mail’s price and service quality controls that will apply for the four year period commencing 3 April 2006. Accordingly, retail stamp prices can go up by no more than 2p this year (to 32p for first class, and 23p for second class). The modifications reflect feedback from stakeholders during the consultation period. These are now subject only to agreement with Royal Mail and to the statutory 28-day process required under the Postal Services Act. The changes Postcomm is making to the December proposals are designed to strengthen customer protection against Royal Mail’s dominant position and to provide further safeguards for the “one price goes anywhere” universal service.
Read More
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.
