Tag: Europe

Norway Post establishes CityMail in Denmark

Posted by | Feb 15, 2006 | |

At a press conference in Copenhagen today, Norway Post presented plans to establish a subsidiary of CityMail in Denmark. Initially, once the company is in operation in 2007, customers in the Copenhagen area will be offered a new distribution service for mail weighing over 50 grams. In the longer term, extending the service to other parts Denmark will be of interest. When the Danish postal market becomes fully liberalised, probably in 2009, this service may be extended to include all letter mail. “We wish to offer our customers Nordic postal solutions. Establishing CityMail in Denmark will complement our strategy and strengthen Norway Post – in the domestic market, too,” says CEO of Norway Post, Dag Mejdell.

Read More

TNT extends Spanish logistics contract with Italian Pirelli

Posted by | Feb 15, 2006 | |

TNT extended its logistics contract with Italian tire maker Pirelli & Co SpA in Spain for three years, TNT said on February 14, 2006. Financial details were not available. Under the contract, initially signed four years ago, TNT’s Spanish logistics unit will be responsible for distribution of tires to various countries from its warehouse in Manresa and two national distribution centres near Madrid and Barcelona.

Read More

TNT completes half of share buyback

Posted by | Feb 15, 2006 | |

TNT has completed half of its share buyback programme, launched on December 6, 2005, the company said on February 15, 2006. TNT plans to cancel the repurchased shares. The company announced in December 2005 its plans to buy back own shares for 1.0 bln euro (UD1.2 bln). The company said then it expected the share buyback programme to involve 42.6 million shares and to take about four months. TNT bought back 19,992,752 shares at an average price of 26.33 euro (USD31.36) each in the period December 6, 2005 to February 14, 2006. The total amount spent on the share buyback stood at 526 mln euro (USD626.4 mln).

Read More

Will print feel the pinch from Williams Lea deal?

Posted by | Feb 15, 2006 | |

How we think print fits into the business landscape has just shifted dramatically following Deutsche Post’s bid for Williams Lea. The global mail and logistics firm, which operates DHL Global Mail in the UK, has described Williams Lea as a provider of “value-added document and mail-related services”. As so much print ends up in the post for whatever application, be it direct mail, bills, statements or all manner of other business and consumer communication, it seems to be a perfect match. If the parent company can gain all Williams Lea’s fulfilment – the logistics and postage – then the deal could prove to be a cash cow, but that’s only part of it. InfoTrends CAP Ventures has claimed that of every GBP6 spent on a document only GBP1 is on print production, the rest comes before and after in document management, design, fulfilment and logistics.

Deutsche Post, has just carried out a pincer movement on print. It has a strong position in fulfilment and has bought one of the pre-eminent players in print and document management.

Read More

Belgo-Dutch Fortis in JV talks with Irish Post Office

Posted by | Feb 15, 2006 | |

Belgian-Dutch banking and insurance group Fortis has started exclusive negotiations with the Irish Post Office, An Post, about an establishment of a financial services joint venture, Fortis said on February 14, 2006 in a press release. According to Fortis, this step is based on the group’s 10-year experience with the Belgian Post in the successful creation of the joint venture Banque de la Poste.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & 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.

Subscribe to the Magazine

 

Pin It on Pinterest