Tag: South America

Brazilian Correios launches Sedex Hoje and Sedex Mundi

The Brazilian postal service company Correios (Empresa Brasileira de Correios e Telegrafos) is launching two express delivery services in Rio de Janeiro, Sedex Hoje (local deliveries in the same day) and Sedex Mundi (deliveries to 215 countries), investing RD30mil resources in equipment. Those two new services are included in the Sedex line, with Sedex, e-Sedex and Sedex 10.

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Appeals Court revokes Correo Argentino bankruptcy

An Argentine commercial appeals court has revoked the bankruptcy status of former postal service operator Correo Argentino, reversing a ruling that was first handed down in December. In a Tuesday filing to the local stock exchange, Correo Argentino’s parent company, Sideco Americana (SDA.YY), said the courts ruled in favor of appeals requested by Correo Argentino, the International Finance Corporation and the Inter-American Development Bank. The IFC is the private equity arm of the World Bank and a shareholder in Correo Argentino, as is Banco de Galicia y Buenos Aires SA (GALI.BA), the country’s oldest and largest private bank.

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DHL announces USD150mn in investments in Mexico

DHL announced Wednesday that it will invest a total of USD150 million in Mexico to increase the size of its fleet, remodel its operating and express centers, improve communications schemes, customer relations and publicity. The company is still the number one delivery firm in Mexico despite the fierce competition in the market. It has a quarter of the local market. Leticia Navarro, director general of DHL in Mexico, said that the firm has managed to expand its network to 228 countries, which means that it now serves 650,000 destinations and has 71,000 workers around the globe. In Mexico alone, DHL has 25,000 employees working in 140 express centers.

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Brazil ECT launches new services to increase market share

Brazilian state-run postal service company Empresa Brasileira de Correios e Telegrafos (ECT) will launch on November 4, 2004 the new services named Sedex Hoje and Sedex Mundi, aiming to increase its market share. ECT’s Sedex Hoje service envisages deliveries in the same day and will involve the company in a very saturated business segment in the country. Sedex Mundi will help the company start express deliveries to 215 countries worldwide from the present 170, thus making the company compete with large international firms, operating in Brazil.

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The Guyana Post Office Corporation: Gearing for the challenges of Globalization

The Guyana Post Office Corporation (GPOC) is gearing itself for the challenges it faces in an increasingly globalised world. This is according to Acting Post Master General, Mrs. June Emptage-Morgan.

Morgan noted that rehabilitation of post offices around the country, an increase in various types of services offered and a sustained staff training programme are three main elements of the drive behind the change.

She noted the Post Office has moved from just a place where stamps were bought and mail is posted, to a developing one-stop-shop, where even stationary and post cards can be purchased.

Rehabilitation

Over the last five years, the GPOC has undertaken a massive rehabilitation programme for its branches around the country. Beginning with the USD 800,000 work done on the McKenzie Post Office, she said over USD 50 M has been spent on rehabilitation works at various post offices, along with USD 4 M spent to purchase a 230 KVA Generator for the Main Branch. This, she said, is an initiative to ensure that there is uninterrupted service by the Post Office and its tenants.

Additionally, an internet cafe has been opened at the Post Office’s Carmichael and Lamaha Streets location.

Services

Mrs. Emptage-Morgan stated that the Post Office now offers Money Transfer services, where in one case, there is a partnership with Carib Cash Money Transfer Service. She said transfers from St, Lucia and Anguilla are also done. The entity also deals with U.S. Money Orders and is also the agent for British postal orders.

Utility bills such as Guyana Power and Light, Guyana Telephone and Telegraph Company and GUYWA can be paid through the Post Office. The Acting Post Master General stated that for GT&T and GPL, same-day transfers are done in the Georgetown area, and at outlying branches transfers are done next day.

She said 15 computers have also be placed at Post Offices around the country offering the same service, an initiative undertaken in partnership with Carib Cash Money Transfer.

The GPOC has under active consideration the introduction of an Express Business Mail Service, where the entity would uplift mail and deliver within an hour. This management promised, would be an efficient and effective service, but would entail slightly higher rates.

In the meantime, with the advent of globalization and competitiveness in the service-oriented sector, international Courier services have provided formidable challenges to Post Offices the world over. The GPOC is no exemption.

However, in the spirit of competition, The GPOC provides an International Mail Express Service, which Emptage-Morgan boasts is cheaper than the competition. She said it costs USD 3,500 to send an express mail to the US, USD 4,000 to the UK, Europe and beyond, USD 4,500 to India and China and USD 1,500 around the Region. Additionally, this service is expected to be extended to Canada. Express mails are already being received from the North American country.

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