Sri Lanka’s Postal Department said it will prepare a budget to obtain fi - nancial assistance from the Treasury to modernise postal services and upgrade its facilities, Post Master General Shervyn Senadheera told the Sunday Observer. He said postal services across the globe have moved into fi nancial transactions, banking services, logistics and other value added services meeting customer expectations as a one-stop shop. “Postal services are no more limited to delivering letters … [Read more...] about Sri Lanka to upgrade postal services

Mail operator TNT has said it will decide in the next year whether to take on Royal Mail by launching a‘fi nal mile’ delivery service in theUK. The service would focus on bulkmail such as direct mail. Dutch fi rmTNT’s planned decision over whetherto launch the service has been acceleratedby the ongoing strike action atRoyal Mail. TNT has already run trials of a fi nal-mile service in Manchester and Glasgow, and is now looking at a national network. Chief executive Peter … [Read more...] about TNT weighs up “final mile” service

China should improve transparency of a new law governing the country’s US$6 billion-a-year express delivery market, say executives at UPS. An updated version of China’s Postal Law, which was promulgated in 1986, is in its ninth version and has been a source of concern for foreign and domestic courier companies pitted againstChina Post, the incumbent. Ken Torok, UPS Asia Pacific president, noted that transparency surrounding the law’s most recent drafts had deteriorated. … [Read more...] about Concerns over Chinese postal law

Emirates Post has announced that its website (www. emiratespost.ae) has been enhanced to offer a wide range of postal and non-postal services, backed by a secure online paymentsystem. According to Emirates Post, users can after registering online pay bills, Sharjah Traffi c Police and Sharjah Municipality fi nes, track parcels and registered items and calculate postaltariffs. The website also allows people to form their own utility bill management system online by registering with an … [Read more...] about Emirates Post offers new online services

A big block of Transmile Group Bhd shares which changed hands at M$12.90 (US$3.71) each in an offmarket deal last month – at three times the prevailing market price– appears to have been an internaltransaction conducted by its majorshareholder, Pos Malaysia group, StarOnline reported. The report said that the off-market deal, details of which were unavailable, involved Pos Malaysia & Services Holdings Bhd (PSH) transferring its shares in Transmile to Pos Malaysia Bhd (PMB) as … [Read more...] about Pos Malaysia moves Transmile shares

FedEx has dropped its Russian partner Emex and signed a new Global Service Partner (GSP) contract with transport group Major. The new Russian GSP is Major Express, the express division of Major, which was foundedin 2003. The Major group, created in 1998, is represented all over Russia with 90 regional offi ces and 2,500 sites, and offers a wide range of freight transport by road, rail, air and sea. Major is also an exclusive partner of air freight forwarder Expeditors. … [Read more...] about FedEx switches partners in Russia