TNT posts 60% drop in quarterly profit
TNT has reported a 60% drop in fourth-quarter net profit as volumes in its express delivery unit were hit by the recession and said it could not give an earnings outlook for 2009.
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TNT looks to doorstep post deliveries
TNT says it is handling so much London mail it could make commercial sense to have its own doorstep delivery force in the capital by 2011. Such a move would be another blow to the Royal Mail.
Read MoreOPTA publishes Focus 2009
OPTA has published its Focus 2009, whose objective is “to indicate what aspects it will be focusing on as part of its regulatory work in 2009”.
Read MorePost companies in the Netherlands avoiding proper wages and conditions
One of UNI Post & Logistics Netherlands affiliates, FNV Bondgenoten, have produced a study on the wages and conditions for postal workers working in the new postal companies offering alternative mail service to the traditional postal company, TPG Post.
Read MoreRoyal Mail to cut thousands of jobs
Thousands of jobs are to be lost at Royal Mail depots and sorting offices, affecting virtually every town across the country.
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