The average weight-per-piece in Periodicals Mail has gone down this year, which probably means many publications have less advertising due to the slowing economy.
Since the advertising portion in Periodicals rates makes up a larger part of the cost coverage than the editorial portion, one has to wonder what impact this might have on the cost coverage in Periodicals Mail.
Never mind that postal reform has gone nowhere in Congress for more than seven years. United Parcel Service is confident that this is the year of postal reform and happily predicts the end result will be more pricing oversight and very little commercial freedom for the U.S. Postal Service until it can figure out how to manage its monopoly business and stop hemorrhaging money.
Read MoreTNT Logistics has won a Euro34 million contract in Latin America. The company has signed an exclusive three-year contract with CNH Group (incorporating Case, Fiat Allis and New Holland) to design and manage an integrated logistics operation within Latin America. The Euro34 million contract covers the outsourcing of CNH’s entire Logistics activities to TNT, ranging from the import of spare parts and materials, to the warehousing and distribution of finished products and spare parts for the dealer network throughout Latin America.
CNH was established in 1999, through Fiat SpA’s Euro7.6 billion acquisition of Case Corporation, representing one of the biggest acquisitions ever made by Fiat. Last year, worldwide revenues of CNH exceeded Eurol 1.7 billion. The CNH Group is now the largest company of its kind in Brazil, incorporating Fiat Allis and Case brands for construction machinery, and New Holland and Case IH for agricultural machinery. CNH estimates
that 2001 growth in Brazil will be 10 to 15 per cent over the Euro8S2 million registered in 2000.
Maersk Logistics (a subsidiary of Maersk of Denmark) have signed a letter of intent to acquire certain assets of Distribution Services Ltd, a US company specialising in warehousing, ocean transport intermediary activities and logistics on a global basis.
Read MoreA Colorado company that’s helping Canada and Sweden perfect the world’s first virtual postal services has secured $22.8 million in new funding to help sell its technology in the U.S. NETdelivery Corp. of Boulder, Colo., has finally closed the Series C round after almost a year of negotiations. The company, which has raised about $40 million since 1995, closed the first part of the round in November but kept it open until recently in response to investor interest.
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