Tag: Triangle

The future of letter mail: has Consignia got the message? – Ian Senior

On 14 March 2001 at a postal conference in Brussels, Deutsche Post, La Poste (France), NZ Post, Posten (Sweden) and other speakers gave bullish presentations. By contrast Jerry Cope, Consignia’s Group Managing Director, Strategy and Business Development, gave an emphatically downbeat view of the future of postal services. He warned that profit margins in the postal sector were not good. “The growth in the core profitable letter services is declining rapidly because of competition and regulation. At the same time the margins in the areas for diversification — parcels and logistics, and even e-commerce and banking — are dramatically lower than in the monopoly services?’

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Parcelforce acts to staunch cash drain

Parcelforce aims to be a smaller but smarter carrier under restructuring plans announced last week by parent group Consignia.
The company, which has not been in the black since its formation in the 1980s and is now losing £180m a year, is shelving 6,700 out of 11,700 jobs. It will close five parcel sorting centres by the end of June, together with 51 of its 101 depots in a bid to save £460m (€736m).

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