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Royal Mail established Romec (Royal Mail Engineering & Construction) in 1989 to deliver facilities maintenance services to its business. Romec was 51% owned by Royal Mail, and 49% by Haden Building Management Ltd, which became Balfour Beatty WorkPlace and is now Cofely UK, part of GDF Suez in a joint venture.
Canada Post Corporation (French: Société canadienne des postes), trading as Canada Post (French: Postes Canada), is a Canadian Crown corporation that functions as the primary postal operator in Canada. Originally known as Royal Mail Canada (the operating name of the Post Office Department of the Canadian government founded in 1867), the ...
International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
Business Reply Mail. In the United States, the United States Postal Service refers to freepost as business reply mail. A mailer wishing to receive mail by freepost must obtain a business reply permit and design the envelopes, postcards, or labels according to the standards specified by the USPS, including the use of an appropriate FIM B or C
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In the United States in November 2012, the purchase price was $2.20 [6] USD; however, the US Postal Service discontinued sales of IRCs on 27 January 2013 due to declining demand. [7] Britain's Royal Mail also stopped selling IRCs on 31 December 2011, citing minimal sales and claiming that the average post office sold less than one IRC per year.
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After the opening up of the industry, competitors such as Whistl and UK Mail found their place offering business postal solutions. These companies, despite being competitors to Royal Mail, hand over sorted mail to the Royal Mail for "last mile delivery" due to the sheer dominance the latter hold in a process called 'Down Stream Access'. [3]
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