Consignia is close to agreeing a deal with Railtrack that would remove the threat of the mail group shifting UK deliveries from rail to road. The renamed Post Office is expected to announce next month that it will continue to be a major user of the railways, through contracts with the freight company EWS.
Read MoreThe postcode in its present form as a mixture of six letters and digits, was first used in Norwich in October, 1959. This was the world’s first experiment with postal address codes designed to allow sorting by machine. By 1974, the postcode system covered Britain.
The earliest form of postcode was introduced in London in 1857. Sir Rowland Hill, the inventor of the penny post, divided London into districts denoted by compass points, ‘N’ for north, ‘S’ for south and so on. The first provincial city to be divided into postal districts was Liverpool in 1864.
Read MoreDeutsche Post AG is on course for a row with the German audit office over the extent to which the German postal services and logistics group should enjoy its controversial freedom from sales tax. On Thursday, Deutsche Post denied that it was currently enjoying an unfair competitive advantage due to tax breaks. A company spokesman said its freedom from sales tax was conferred under German and European Union law by virtue of its status as the provider of a public service.
Read MoreTPG NV said it will change the name of its mail division Royal PTT Post to Royal TPG Post. A gradual introduction of the new name is planned for the spring.
Read MoreThe European Union could soon slap Deutsche Post AG with a record penalty of more than EUR800 million for allegedly using revenues from its monopoly letter business to undermine express mail competitors like United Parcel Service (UPS), say lawyers and a former E.U. Competition Commissioner.
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