Staying on Target for growth in Ireland
The Irish market continues to expand and offer operators growth opportunities, however as the rate of growth slows, the battle for market share is intensifying.
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TNT expects strong growth in the UK
TNT Express International UK’s divisional managing director, Stuart Stobie, has said he plans to double the size of the business by 2007.
He added that the company had doubled its profitability in the last three years since the arrival of Alan Jones, the group managing director. In that time, revenue for the UK operation has increased from £128 million to £146 million. TNT has also changed its business mix since 1999 away from less profitable larger accounts to smaller, higher yield customers.
Read MorePostcomm advises on the European Postal Services Directive
Postcomm today published its advice to the Secretary of State for Trade and
Industry on how best to implement the new European Directive on postal
services. This follows a consultation seeking views on options for
implementation of the provisions in the Directive. The Directive reduces the part of the postal market that can be reserved to national monopoly postal operators from 350 grams to post weighing 100g from 1 January 2003 and 50g from 1 January 2006.
New human resources director appointed to Royal Mail
A new Human Resources Director is to be appointed to Royal Mail. Tony McCarthy, Group HR Director of BAE Systems, will join Royal Mail on 6 January.
DTI Minister Stephen Timms said: “This is the latest in a number of appointments strengthening the leadership of Royal Mail. The company will undoubtedly benefit from the appointment of an experienced Director with specific responsibilities for Human Resources.”
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Deal Survey
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