Tag: Geopost

La Poste, Parceline & Interlink

It is a year-on since La Poste bought Parceline and Interlink from the Australian-owner Mayne Nickless in a deal which Colin Milibariks, a chief operating officer, describes as a marriage made in heaven.
Mayne Nickless was renamed GeoPost, and Millbanks and Kay Philips were both made ceos. Millbanks claims that had the two parcel distribution firms not been bought by such a large postal authority they would have been unable to secure their position as mega players in the parcel market.
Millbanks says: “You can already see that the postal authorities of Germany, France, and Britain have emerged as the power players in Europe.

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GeoPost blamed for losses at La Poste

La Poste, the French post office, has announced results for 2001 characterised by the amortisation of 170m euros. This is mainly the result of a poor performance from its logistics and parcels subsidiary GeoPost. La Poste’s net profit would have reached 75m euros if Geopost’s losses had not been included in the accounts.

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Geopost & TNT comment on Parcelforces woes

Colin Millbanks, head of French-owned GeoPost UK, dismissed remarks by Consignia chief executive John Roberts that ‘our costs are running ahead of income’. Said Mr Millbanks: ‘It is not about costs. Parcelforce Worldwide does not charge enough in the marketplace. ‘It is offering ridiculous rates that are endangering the position of the other players. Tom Bell, managing director of TNT Express Services in the UK, agreed that Parcelforce’s ratecard was ‘wrongly calibrated’.

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