InPost drops traditional mail

The company seeks to cease deliveries of traditional mail, with the exception of e-commerce, in an effort to cut expenses.

The decision was taken “due to a drastic decline in profit and a lack of possibility to further reduce costs,” the company writes in a statement released online.

InPost says that a part of the staff handling snail mail up till now will be transferred to operate the enterprise’s e-commerce platform.

The company now intends to focus more on prospective segments such as e-commerce, courier services and self-service parcel-pickup lockers.

InPost, Poland’s largest privately-run postal operator, has so far been the biggest rival of state-owned Polish Post, after winning a tender for postal services for courts and prosecutors' offices in 2013. The private postal operator, however, suffered a blow two years later, having lost the contract to its competitor in another bid. (aba)

Source: Money.pl