Postal bodies clash over price increases
Consignia and consumer watchdog Postwatch have clashed over price rises
for direct marketing services only four days after the postal operator
signed its new operating licence.
Tag: Europe
La Poste profits slump, but logistics revenue jumps
LONDON – La Poste, France’s state mail monopoly, suffered a sharp decline in
net
profits last year due to exceptional costs and higher energy prices, but
parcel
and logistics revenue surged. Net profit slid 51% to 139.2 million euros
($125.3
million) in 2000 from 283.6 million euros ($255.2 million) in 1999.
La Poste Blames Falling Pft On Euro, Rising Energy Costs
March 30, 2001 — La Poste, the French state mail monopoly, said Thursday exceptional costs and higher energy prices caused a significant drop in profits in 2000. La Poste reported net profit of EUR139.2 million in 2000, down 51% from EUR283.6 million in 1999.La Poste chief executive Martin Vial cited costs related to the euro switchover, higher transport and energy prices, and the implementation of the 35-hour working week were behind the declining profitability.
Read MoreCan they deliver?
THE Post Office has come in for a fair amount of stick recently about
lower service standards and the high level of industrial disputes. It is
of course Postwatch’s role to highlight this on behalf of the consumer
and to try to help the Post Office to improve the position. The lot of the
individual ‘postie’ is often not an enviable one.
TNT Post monopoly charge
March 31, 2001 — CargoWebNews has reported that “PTT Post, part of TNT Post in The Netherlands, is abusing its position as manager of post office boxes, according to its competitor, Mail Merge. Competitor postal companies can only deliver post destined for post offices boxes under strict conditions. Mail Merge is today lodging a complaint with the Dutch postal market regulator, Opta The Dutch Post Office Act states that TPG must provide other suppliers of mail carriage with access to the post office boxes on an equal basis. Mail Merge says that TPG is obstructing access to the post office boxes with a great many conditions, amounting to unfair competition.”
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