The U.S. Postal Service plans to request a postage rate increase of at least 10 percent in October 2004. The Federal Times reported Wednesday that Deputy Postmaster General John Nolan told an audience Tuesday at the National Postal Forum in Kansas City that the Postal Service will apply for the rate increase, which likely would take effect a year later in October 2005.
Read MoreNew Zealand Post Annual Report 2003
Read MoreMail, Express and Logistics company TPG N.V. have announced that through its Italian mail subsidiary TPG Post Italia, it has acquired a 100% stake in the Italian print & mail company Full Service. With a long tradition in the print and mail market, Full Service has established a well-managed data processing, printing and outsourcing of data-related services business. In 2002, Full Service generated revenues of EUR2.5 million.
Read MoreAlbert Klene, the director of the postal division of Dutch postal, express and logistics company TPG NV, TPG Post Nederland, has resigned and is looking for another position within the company. A spokesperson of TPG has confirmed the resignation of Klene. The resignation of Klene was partially a result of disagreements with the member of TPG board of directors, Harry Koorstra, who carries the final responsibility for the postal activities as a member of the board of directors.
Read MorePlans by La Poste, the French national postal service operator, to expand its financial services, have met with criticism from the French banking sector.
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