The Post Office could soon handle packages for Amazon as its historic exclusivity deal with Royal Mail comes to an end.
Royal Mail, the UK’s largest parcel delivery company which handles over a billion packages every year, yesterday announced that it had signed its first ever “non-exclusivity” deal with the Post Office.
According to the Post Office, which is still state-owned, this new agreement “allows us to work with other third parties, marking an important milestone.”
Amazon and delivery giant Hermes are understood to have already approached the Post Office, which has 11,500 branches across the UK, and are engaged in talks to potentially gain access to its extensive network.
The Post Office’s chief executive Nick Read said in a video message to staff: “The growth of online retailing means there is much more competition…We can provide online retailers access to the UK’s biggest parcels pick-up and drop-off network.
“You won’t be too surprised to know that we have been approached by third-party providers already. And clearly we will be having conversations with them to understand what the opportunity looks like.”
Royal Mail and the Post Office’s exclusivity deal is due to come to an end in March next year.