Tag: Mail Services

Belgian govt seeks partner for national post service La Poste

Posted by | Dec 8, 2004 | |

The Belgian state said it has started its search for a strategic partner for the country’s post service La Poste.

‘Following a decision taken by the Belgian state in October 2004 — that La Poste will seek an alliance with a strategic partner — the Belgian state has decided to formally launch the process for such a strategic partnership,’ said the ministry of state-owned enterprises in a statement.

The future partner is invited to take ‘a significant equity interest’ in the company, but the Belgian state will remain majority shareholder.

The part-privatisation will lead to the ‘strengthening of La Poste’s financial situation, the strengthening of its core business activities and the assistance in the overall modernisation’.

Read More

Deutsche Post confirms in talks to buy KarstadtQuelle logistics ops

Posted by | Dec 8, 2004 | |

Deutsche Post AG has confirmed it is in talks to buy the logistics operations of troubled retail group KarstadtQuelle AG. ‘We have made an offer, but a contract has not been signed yet,’ a Post spokesman said. A Karstadt spokesman also confirmed a deal is in the offing. ‘The negotiations are well advanced,’ he said, but declined to comment on when the deal might go through.

Read More

TPG: showing its muscle in Brussels?

Posted by | Dec 8, 2004 | |

Dutch postal and logistics group TPG [TPG.AS] has is considering selective acquisitions in the European postal market, according to the Dutch newspaper the Het Financieele Dagblad. The move forms part of a wider contest in the European postal market, with the bigger operators competing to secure stakes in postal companies, as Europe’s postal sector opens up to competition.
As well as the media reports that it is looking at a European acquisition, TPG has also reiterated that it will meet its operating margin targets set for 2004. The targets include a margin of around 21.5% at its mail unit, 10% at the Express division and some 4% at the logistics unit. TPG’s chief financial officer, Jan Haars, said that the company would use the surplus cash for investments rather than share buy-backs from the Dutch government.

Read More

PostEurop elects new Chairman

Posted by | Dec 8, 2004 | |

Yesterday, 8th December 2004, PostEurop’s Board elected Mr Bernard Damiens from De Post/ La Poste Belgium to the position of Chairman as of 1st January 2005.The Board also thanked outgoing Chairman Jack Dempsey from An Post, Ireland, for his hard work over the last five years.

Read More

USPS: A Valued Partner

Posted by | Dec 8, 2004 | |

The following is a commentary by Jerry Hempstead, Vice President of National Accounts, DHL, which was prepared for Traffic World magazine.

Innovation may not be the first word that springs to mind when thinking of the U.S. Postal Service. However, for the home parcel delivery business, the USPS has been at the forefront of innovation as it has coped with new competition and critical changes in the behavior of its customers. The millions of consumers who receive packages at their homes each year may not see it, but the residential delivery process has been completely transformed over the last five years, and the USPS is at the heart of it.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest