Tag: Mail Services

Deutsche Post withdraws bid for La Poste

Posted by | Mar 3, 2005 | |

Deutsche Post AG has withdrawn its takeover bid for the Belgian state-owned La Post, according to a report in Die Welt, which did not cite any sources.

The bidding group of Dutch TPG and French La Poste is now considered front-runner to win the bid, it said.

Deutsche Post has also withdrawn its application to the German cartel office for approval of the acquisition of KarstadtQuelle’s department store and mail order logistics needs, Die Welt said.

Deutsche Post subsidiary DHL bought KarstadtQuelle’s logistics operations in late January in a deal worth 200 mln eur.

But both Deutsche Post and KarstadtQuelle rejected claims by the newspaper that the application was withdrawn because of concerns that the cartel office would not approve it in the first place.

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Norwegian postal monopoly ends in two years

Posted by | Mar 3, 2005 | |

In two years the Norwegian Postal Service (Posten) will no longer have monopoly on the distribution of letters in Norway. There is a majority in Parliament in favour of a Government proposal to end the monopoly by 2007. The Government states that it is important to maintain a high degree of service, and stipulates that mail shall be distributed six days a week, the same as today.
Also, there must be a unified nationwide postage for letters.

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Irish two-tier postal service proposed

Posted by | Mar 3, 2005 | |

The postal regulator, ComReg, has floated the idea of An Post offering a two-tier system for the delivery of standard mail. In a document issued yesterday, the regulator said An Post’s current performance on next-day delivery remained below acceptable standards and it was time to consider what services the company should be offering. It pointed out that in half of all EU states, customers were able to choose between a priority service with a next-day delivery target and a slower, but cheaper, non-priority service. “Where customers have a choice and there is a notable differential in price, about 70 per cent of mail is posted at the cheaper/slower non-priority postage rates,” the regulator said. The comments are included in a document which looks at what services An Post should be offering as a universal service provider. ComReg has published the document as part of a major consultation process.

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UK Mail contract with The Royal Bank of Scotland Group for upstream mail services

Posted by | Mar 3, 2005 | |

Business Post announces that, following a tender process, its business unit UK Mail has contracted to provide upstream mail services to The Royal Bank of Scotland Group, one of the UK’s largest mailers. Collections will commence today. Upstream mail services comprise the collection and national distribution of mail (with associated management information and IT) for next day delivery to Royal Mail, for local sorting and final delivery.

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UAE Emirates Post to buy Financial Services Company

Posted by | Mar 2, 2005 | |

UAE postal authority Emirates Post is nearing the purchase of a local financial services company with operations spreading across the Gulf Cooperation Council (GCC) states and some other Arab countries, it was reported on March 2, 2005.

The targeted company operates a network of some 42 branches. Emirates Post will announce officially the acquisition and the value of the deal within a one month period, the company’s director general, Abdullah Ibrahim al-Daboos, said, declining to mention the company’s name.

Al-Daboos also said that Emirates Post was to shortly announce the acquisition of a regional cargo and logistics company.

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