As corporate print buyers choose to do business with fewer and fewer vendors, they expect these vendors to provide more and more complementary services. Mailing services are expanding into fulfillment services. Third-party fulfillment (3PFs) vendors are adding digital printing. General commercial printers are adding both mailing and fulfillment services. Is there room for all these vendors?
Read More€15bn international rail freight plan abandoned
Read MoreThe Post Office is planning to launch a new residential phone service to rival BT in a bid to replicate the recent success of alternative operators such as Carphone Warehouse and Tesco. It is also pressing ahead with plans for new financial services products aimed at stealing market share from the big banks and building societies.
Read MoreBusiness mail delivery group Hays DX has moved into profit even ahead of the current postal dispute, according to accounts filed recently.
Hays DX (Ireland), which operates a document exchange, courier service and business mail delivery, recorded an operating profit of EUR154,000 in the year to the end of June 2003. That is a significant turnaround on losses of EUR56,000 in the previous financial year.
Read MoreThe Post Office is set to offer unsecured personal loans as part of its push into financial services.
The Post Office, which has a joint venture with Bank of Ireland, plans to offer the products through its 16,500 branches. The Post Office’s move into financial services is being spearheaded by its chief executive David Mills and follows its move into travel services like foreign currency exchange.
Mr Mills has been keen to use the network to sell financial services.
The plan forms part of the Post Office’s attempts to revitalise a branch network hit badly by the decision of the UK’s Department of Work and Pensions to start paying state benefits directly into bank accounts.
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