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Jul 4, 2008

POSTAL STATES' LOGISTICS * Turkey - PTT entry into logistics business signals plans to expand

Istanbul,Turkey -Today's Zaman -3 July 2008: -- The Postal and Telecommunications General Directorate (PTT) has launched operations in the logistics business to establish a powerful rival against the industry's burgeoning private companies... Seeking a way to increase business as its main service field, mail delivery, which is rapidly becoming obsolete with the rising dominance of e-mail, PTT is shifting its attention to the logistics business... Minister Yıldırım noted that he was confident PTT Kargo will very quickly achieve an important position in the cargo transport and logistics business, which handled 1.2 billion packages last year... PTT Kargo enters the competition with important advantages, one of the most striking of which is that it will charge a flat rate regardless of distance... For the minister, the creation of a state-run company in the logistics business should not be taken as a blow to the presence of private companies... Instead, this should be seen as an attempt to improve the quality of service in the sector and to empower it with more dynamism...

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