New Mail Firm CityPOST arrives on scene
New company to compete with An Post in providing services to businesses.
The increasing reliance of businesses on email for speedy communication has lead to a reduction in the amount of mail delivered by post. The number of letters carried by An Post fell by 7% in 2010. This, in tandem with increased costs, means that the company has decided to lay off six hundred more staff than it had originally intended, optimistically predicting that a 1,975 reduction in employee numbers will be achieved by 2015 through voluntary redundancy and natural wastage.
Another reason for the drop in personnel is the growth in competition. The newest competitor is CityPOST, a company that was originally set up in 1987 to deliver newspapers. It has expanded in recent years, delivering telephone directories since 2002 and handling certain campaigns such as delivering the Lisbon Treaty booklets. It now has the largest mail handling capacity in Ireland and Northern Ireland after An Post. The company is looking to branch out into the business market, promising up to 20% reductions on post and parcel services and 21 day credit terms, with their delivery areas constantly expanding.