Tag: Europe

TNT share interest

Posted by | Aug 22, 2007 | |

Shares in Dutch mail company TNT rose 3.7 percent to 31.11 euros on Wednesday on renewed talk that the group may be a bid target, traders said.

They named TNT’s U.S. rivals UPS or Fedex as possible bidders.

A TNT spokesman declined to comment, saying the company never commented on market speculation.

An Amsterdam-based trader said: “There is talk of UPS or Fedex interest in TNT. It is an old rumor but UPS and Fedex both seem to be looking at Europe, which would make TNT an obvious candidate, especially as the shares have come off recently.”

“I wouldn’t be surprised if one of them buys it eventually,” the trader said.

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Swedish Posten expanding in Norway

Posted by | Aug 22, 2007 | |

Through its subsidiary, Posten Logistik, Swedish Posten is expanding its operations in Norway. Approx. 700 distribution points where Norwegian consumers can collect packages which they have ordered are being established under the MyPack brand.

Through its new distribution network, Posten Logistik will provide companies with a powerful new alternative on the Norwegian market.

Posten’s target group is primarily larger distance sellers who require a strong partner for the entire Nordic market. The Norwegian consumers order goods from companies such as Ellos and Klingel. These goods are sent by Posten to Norway where the packages delivered to a distribution point near the customer.

In Sweden, Ellos sends approx. 3.5 million packages each year to its customers and is thus the country’s largest distance selling company. Ellos’ customer circle in Norway is large and constantly growing.

Posten has an agreement with ICA Norge which means that approx. 400 distribution points are being established in ICA’s and Rimi’s shops. Some 300 additional distribution points are also being established. Swedish Posten will thereby cover 92 pct of Norway. The total of some 700 distribution points being established by Posten will be visible under the MyPack brand.

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Correos and Western Union launch money transfers campaign

Posted by | Aug 22, 2007 | |

Correos have launched a campaign to facilitate money transfers for immigrants in Spain. This is the second campaign of this category during the summer of 2007. The offices involved in this campaign are located in zones with high a concentration of immigrants.

The Spanish government estimates there are around 4 million immigrants currently living in Spain, mainly coming from South America, Africa and Eastern Europe.

From 20th August till 30th September 2007, Correos will give a 1 GB MP3 for every 3 money transfer operations.

In 1999, Correos signed an agreement with Western Union to include money transfers in its 2,124 office networks.

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eBay.ie & An Post introduce new e-Parcel Card

Posted by | Aug 22, 2007 | |

eBay.ie, the dedicated Irish eBay website, and An Post have joined forces to introduce a new pilot scheme to reward eBay sellers resident in Ireland.

The e-Parcel Card, which launches last 21 August 2007 and will be reviewed in April 2008, offers eligible eBay users favorable prices on national and international parcels weighing up to 5kg, sent using An Post. eBay users can make a saving of up to 45 pct on national parcels and 75 pct on international postage.

The new service is easy to use, free to join and open to all eBay users in Ireland who have a minimum feedback score of 90, with at least 98 pct positive.

Eligible eBay users can effortlessly sign up for the scheme by visiting www.e-Parcel.ie. Once registered, they will receive an e-Parcel Card, which they can produce at one of 1000 local automated post offices nationwide whenever they are sending an eBay parcel to allow them to benefit from the preferential pricing.

eBay.ie, which earlier in the year announced that it has over 500,000 CRUs (confirmed registered users) in Ireland, is partnering with An Post to reward its loyal and growing Irish user base.

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German postal workers may win minimum wage

Posted by | Aug 21, 2007 | |

German postal workers may be subject to a minimum wage from early next year after the ruling coalition parties reached a late-night deal to extend basic pay levels, Labor Minister Franz Muentefering said.
Muentefering said he expects postal services employers and the Ver.di labor union to agree this year on a minimum wage, a precondition for the government to make the pay level binding for postal workers across the country as a whole.
A statutory minimum wage may be good news for Deutsche Post AG, Europe’s biggest postal service, as it prepares for the end of its letter-delivery monopoly, its most profitable business, on Jan. 1. The company has forecast domestic competition will trim earnings at its mail division by as much as 20 percent by 2009. Minimum wage regulations would also apply to competitors such as Pin AG.
“The postal monopoly will be phased out, that can’t be changed, but we’ll introduce a minimum wage and that’s something we can get done this autumn,” Muentefering said.

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