Post Office private deal
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1 The Post Office is to lience private carrier Securicor collect and sort letters for he Royal Mail international ulk delivery service, Airtream.
The Post Office says it is kie first of several deals with rivate contractors to share its iternational postal business. 'he move is expected to raise 2 million in the first year. The link will make it econolic for smaller businesses to se Airstream which until now nly handled bulk mailings of ver 2kg, says the Post Office. Lirstream, launched in 1986, treacly has 500 customers and andles 36 million items a year. The service will be renamed drstream from Securicor. iecuricor, which will collect &stream letters free from ddresses around the UK, tresses that in the UK domesc parcels market it will still ompete with the Post Office. Jim Cotton-Betteridge, commercial manager of Royal Mail International Letters, will not say whether the deal with Securicor opens the door to cooperation with private carriers in the UK domestic letters market.
Securicor managing director Henry McKay says a privatised Post Office is unlikely to affect Securicor's existing domestic business.