Canada Post has defeated a North American Free Trade Agreement (NAFTA) challenge from UPS, which alleged that the postal utility engaged in unfair competition, bringing an end to a seven year-old dispute between the two delivery companies. UPS launched a claim for US$160 million against the Canadian government in April 2000under the NAFTA. UPS contended Canada Post has an unfair advantage because its services such as Express Post and Priority Courier draw on an infrastructure of sorting … [Read more...] about Canada Post defeats UPS challenge

TNT Post said that it will be entering into a strategic partnership in the German mail delivery market with the Süddeutscher Verlag and the MunichbasedIppen Publishing Group. "The partnership will provide TNT Post access to 1.6 million households and secure the "fi nal mile" delivery in the Greater Munich Area. The new partners are also aiming to co-operate more closely in other areas of Germany where these publishers have interest in local mail delivery companies," … [Read more...] about TNT Post in strategic partnership in Germany

Vietnam's postal service will be reorganised under a plan approved by the prime minister earlier last month the Vietnam News Service reported. Under the plan, the Viet Nam Post and Telecommunications Group (VNPT) would spin off the new Viet Nam Postal Corporation with a total equity of over VND8 trillion (US$500 million), according to Deputy Minister of Post and Telematics Nguyen Thanh Hung. The change would be effected July 1. The move effects a larger strategy of separating two sectors, … [Read more...] about VNPT to spin off postal unit

In its bid to diversify the varied fi nancial services and helping the common people, India Post is considering to launch a full-fl edged banking system- "Post Bank of India" in the country, the Hindustan Times reported. The announcement was made by Union Minister of State for Communication and Information Technology Dr Shakeel Ahmed, who noted that the main aim of introducing the banking system was to offer loans to the people in the remotest parts of the country exploiting the … [Read more...] about India Post to launch “Post Bank of India”

TNT and Hongkong Post last month inked a Memorandum of Understanding (MoU) that will allow the two companies to better serve Hong Kong's booming retail market segment. The two parties will also explore business opportunities in emerging markets. The MoU was signed in Hong Kong by Peter Bakker, chief executive offi cer, TNT N.V., Ambrose Linn, managing director, TNT Hong Kong and Tam Wing-Pong, Postmaster General, Hongkong Post. Under the MoU, TNT Express has appointed Hongkong Post as … [Read more...] about Hongkong Post, TNT sign MoU

Global Cargo Carriers, Inc. Philippines (GCCI) said it is working on improving its relationship with the cargo industry and enhancing professional development for theairline cargo managers. "We are establishing a good working relationship with the Aircargo Forwarders of the Philippines. Inc. (AFPI). We plan to strengthen this relationship by joining them in their initiative of putting up the Aircargo Golf Club. We've also agreed to keep the communication lines open with regards to … [Read more...] about GCCI aims to improve relationship with cargo industry