Greece’s postal service has been fined for its failure to deliver international mail on time, a regulatory agency said Thursday. The post office was only able to deliver between 31 percent and 57.2 percent of first-class mail from five European countries within three days period, the National Committee of Telecommunications and Posts said.
Read MoreGeodis Cavewood has opened a new standalone service to Sweden in patnership with Roadlink Spedition AB. The company will be offering 48 and 72 hour links via a twice weekly road service.
Read MoreSecuricor Omega Logistics has renewed its contrct with tool manufacturer Sanp-On Tools for 4 more years.
Read MoreDeutsche Post Chief Financial Officer Edgar Ernst said on Thursday he did not see the current market environment as good for a second flotation of shares and did not have any potential acquisition targets.
Read MoreMartin Stanley, chief execut-ive of Postcomm, made it clear he intended to press ahead with moves to open up the market for business postal collection to private sector players from April despite furious objections from Consignia. Although the loss-making Consignia claims the plans by the regulator to open up the market will worsen its precarious financial position, Stanley doubts it will complete essential changes without the spur of competition.
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