Three postal organisations seeking to establish a joint venture operation in the international business mail sector have finally secured European Commission (EC) clearance for their plans. TPG (TNT Post Group), will have to sell off its Dutch international mail business as a condition of that approval.
Read MoreEEC Regulation 4064/89. Case no. COMP/M.1915 – The Post Office/TPG/SPPL
Commission decision declaring a concentration to be compatible with the common market and functioning of the EEA Agreement.
EC Decision on Delta jv – Spring – between Royal Mail (Consignia)/Singapore Post/TPG
TPG (TNT Post Group) increased operating profit margins in all three of its main business sectors last year. This all-round improvement helped the Netherlands-based global mail, express and logistics service provider yesterday to publish record results for 2000 which included a more than 25 per cent surge in net income. All three divisions also managed to achieve higher percentage growth in earnings than in revenue
Read MoreIn its report to Congress – Major Management Challenges and Program Risks – the General Accounting Office (GAO) identified a number of key areas for the Postal Service to address
Read MoreUnited Parcel Service and Vietnam Airlines sign cooperation agreement
covering chartered flights between Ho Chi Minh City, Vietnam, and cities in
the US, Asia and Europe
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