Postcomm has issued a long term licence to Deutsche Post Global Mail (UK) Ltd to provide bulk mail, consolidation and enhanced document exchange services in the UK.
Deutsche Post currently holds a short-term interim postal licence for similar services. This will be revoked by consent. The new licence will last a minimum of seven years.
Read MoreCity investors are slowly warming to the ground-breaking deal between Business Post Group, the parcel delivery firm headed by Paul Carvell, and the Royal Mail.
The deal, which opens up the postal network to the private sector, initially went down like a lead balloon as investors failed to work out how it would benefit BPG. The shares have dropped by about 15 per cent over the past few weeks, but now Arbuthnot, BPG’s stockbroker, has run the numbers. It says the deal should contribute to group profits by 2006, reaching pounds 12.2m by 2010 on revenues of pounds 200m – compared with BPG’s total pounds 156m turnover last year.
Read MoreThe prospect of a postal strike receded last night after a public appeal by the Communications Workers’ Union (CWU) to An Post management “to reengage with the union immediately in relation to all outstanding issues”.
Earlier this week, the company urged the postal unions to resume negotiations on its strategic plan.
The CWU walked out of negotiations in December, the company claims.
Read MoreLynx Express, one of Britain’s largest independent parcels carriers, has entered the home delivery sector with the launch of ‘LYNX@Home’ a new commercial arrangement with retail giant Redcats UK. The LYNX@Home service will utilise the Redcats Courier Link home delivery courier network for its last mile deliveries. LYNX will be responsible for sales, collection, pre-sortation, billing and POD. Initially a standard 48 hour service will be offered. Lynx will deliver goods to Redcats couriers within a pre-set time window every day.
Read MoreLynx Express, makes further expansions to its’ UK branch network facilities with the opening of a new, purpose built branch, in Inverness to meet the anticipated growth of business in the area. The new purpose built branch, is located on the Dalcross Industrial Estate, Inverness within close proximity to Inverness Airport, and replaces the company’s existing branch in Carsegate, Inverness. The new 8,000 sq ft branch has 12 loading bays and offers more modern and spacious facilities as well as an improved location, to enable LYNX to both meet the current needs of its existing customers and fulfil the anticipated growth of business in the area.
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