BUSINESS & FINANCE Post office subsidy opposed by inter-Departmental assessors
Members of an inter-Departmental group assessing funding options for the post office network have opposed payment of a State subsidy, it has emerged.
Read MoreTag: Republic of Ireland
ANC's parcel deal breaks new ground
ANC is to distribute urgent next-day parcels in the UK for SDS, the distribution arm of the Irish post office, An Post.
In return SDS will handle all ANC’s deliveries in the republic, giving the parcel company access to a countrywide network which includes Ireland’s most advanced automated sorting centre in Dublin and four other regional sorting centres located in Athlone, Portlaoise, Cork and Kilbarrack.
The short, sharp shock of downturn – Irish integrators feel the pinch
Integrators are feeling the pinch as the dip in the republic’s economy starts to bite, but TNT remains confident of retaining market share General manager for TNT in Ireland Philip Bracken, says express companies always notice it first when there is a dip in the economy.
Read More(Irish)Postal services under threat as losses increase to £12m mark
POST offices losses are to increase fourfold to £12m this year from £3m in 2000, according to the Minister for Public Enterprise Mary O’Rourke.
She told the communications union (CWU) conference in Tralee yesterday that if the post office system does not change, losses could hit £28m in 2004.
An Post staff to get £2,600 each
Employees in An Post will receive nearly £2,600 (euro 3,301) each in an employee share option plan (ESOP) which will be established at the State-owned company as part of a Bill published by the Minister for Public Enterprise, Ms O’Rourke, yesterday. The bill also allows the company to enter into an equity-based alliance with another postal company.
Read MorePost & 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.