- 17 December 2020
- Transport / Logistics Services
The UK’s Post Office and Royal Mail have agreed a new Mails Distributions Agreement, a commercial relationship that will continue their ties until late March 2032.
The newest iteration agreed this week, the Mails Distribution Agreement was originally agreed when Royal Mail and the Post Office were separated in 2012. It maintains the close integration of the companies, allowing customers to buy, send and receive Royal Mail and ParcelForce Worldwide parcels, services and letters through the Post Office network. The new agreement commences on the 29th March 2021.
Under the new agreement, there is to be greater flexibility for both parties to adapt to the fast changing postal and parcel market and continues to allow both to innovate for improved competitiveness.
Nick Read, Chief Executive Officer of Post Office Limited said: “This new long-term agreement with the Royal Mail benefits postmasters and customers, with Post Offices offering convenient, expert advice when sending parcels and letters to any address in the UK and around the world.”
Stuart Simpson, Interim Chief Executive Officer of Royal Mail, said: “I am delighted to extend our long-term agreement with the Post Office. Royal Mail and the Post Office have a long shared history and both companies play an important role keeping the UK connected. This new agreement is good for our customers, Royal Mail, and the Post Office. We look forward to working together to build on our relationship and deliver a great service to our customers for many years to come.”