A $6.3 billion no-bid contract awarded to FedEx Corp. by the U.S. Postal Service will increase the cost of transporting mail by between $443 million and $1.17 billion over the life of the agreement, according to documents filed in a lawsuit by a FedEx competitor
Read MoreTNT Post Group, the Amsterdam-based global mail, express and logistics company, today coupled the announcement of a 26 percent surge in net profits to an all-time high last year with the revelation that the Dutch government wants to cut its stake from 43.3 percent to 10 percent
Read MoreThe Dutch postal group TPG posted on Monday a record net profit of 526 million euros for 2000, an increase of 25.5 percent from the previous year, on sales of 9.93 billion euros
Read MoreAd Scheepbouwer, chief executive of TNT Post Group NV,
said he expects to announce in the first half of this year further joint
ventures or acquisitions to expand the company’s domestic mail networks
throughout Europe.
Posten Norge, the Norwegian Post Office, is to sell off 72 properties all
over Norway
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.
