FedEx has signed a five-year deal with Chronoexprés under which the company will make collections and deliveries on those areas of Spain it does not serve direct. This connects an additional 26% of the Spanish economy to the EuroOne network, the integrator said.
Read MoreSpains state-owned postal services provider Correos y Telégrafos, which is headquartered in Madrid, is restructuring.
In future, The company will divide its activities into three business segments which will be organised as separate divisions and which will take over responsibility for product-orientated tasks for specific markets.
the division into the business segments mail, counter service and express is to help Correos y Telégrafos improve its performance in the increasingly liberalised domestic market.
Deutsche Bank, Germany’s largest bank and the leading foreign bank in Spain, forecasts that its co-operation with Spain’s postal services operator [Correos y Telégrafos] will generate profits for the first time this year.
Read Moretables showing market share, liberalisation thresholds, items delivered, price of letters, employees and post office networks.
P:LIBRARYPostalInternational postal markets- key facts.pdf
Co-Operation amongst Southern European PPO’s – By José María Marcos
Manager, International Institutional Relations, Correos y Telégrafos S.A. Spain
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