Tuesday, July 08, 2008

Postal Chief Sees Freight Returning to Rail and Sea

The head of Australia Post predicts the global postal industry will face increasing pressure to cut back on air transporatation and revert to sea and rail deliveries according to an article that appears on the Business Day website.

Australia Post's managing director, Graeme John, is quoted as saying the problem of global warming would have an increasing influence on the way the global postal industry is run.

John was speaking at a meeting this week in Queensland of the Kahala Post Group, a consortium created five years ago to help them compete with private freight companies. Australia, the United States, Hong Kong, Japan, China, South Korea, Spain, France and Britain are members.

The group was named after a resort the members stayed at during their founding meeting in Hawaii

In the article by Jesse Hogan of the The Sydney Morning Herald, it was reported that The Kahala partnership is also moving beyond postage, with Australia Post, China Post and the US Postal Service preparing to launch a group-owned money transfer service to compete against Western Union.

To read the entire article, click here.
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posted by Don Schilling at 12:01 AM