Hellenic Post Company Profile
Hellenic Post Company Profile
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Read MoreCompanies posting as little as 100 letters at a time could help to lead an exodus of trade from Royal Mail, after full competition opens up from today.
Postwatch, the consumer group, predicted that rivals to Royal Mail will begin targeting small businesses after the initial push for big customers such as banks, utilities and government departments recedes. A spokesman for Postwatch said: “Already UK Mail offers a service for people posting 250 items in one go. We think that will fall to around 100 by the end of the year. We are encouraging small firms to go on to the website of the regulator Postcomm, check who the rival operators are and contact them.” From today Royal Mail’s rivals will be able to offer small businesses and domestic customers a service alongside the larger business market in which they already compete. A large segment of the business postal market has been open to competition for nearly two years and Royal Mail has lost only 3 per cent of its revenue.
TNT NV said it has agreed to sell its Logistiques Ladoux business to French cargo transport operator Malherbe for an undisclosed amount. The disposal, together with the sale last month of TNT’s contract logistics activities and part of the transportation activities of its French subsidiary TNT Logistics Holdings to Norbert Dentressangle, represents about 90 pct of the TNT Logistics France unit. As previously announced, the expected negative financial impact relating to the sale and the refocus of the French logistics business will be up to 140 mln eur before tax, to be booked largely in 2005.
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