Due to new US import tax regulations, postal services like Royal Mail and DHL are suspending some US deliveries. These changes eliminate the global import tax exemption on low-value parcels, meaning most packages will now face tariffs. While gifts under $100 remain duty-free, the shift aims to combat deceptive shipping practices and duty circumvention. Several postal services and online marketplaces are working to adapt to the new rules, with some temporarily halting or suspending services to ensure compliance.
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The UK government approved the £5.3 billion sale of International Distribution Services (IDS), Royal Mail’s parent company, to Daniel Kretinsky’s EP Group. This acquisition, subject to a national security review due to Royal Mail’s vital infrastructure status, includes legally binding agreements to maintain UK-based operations, the universal service obligation, and a government “golden share.” A key aspect of the deal provides Royal Mail employees with 10% of dividends and establishes a workers’ group to engage with company leadership. The deal is expected to finalize in the first three months of 2025 pending shareholder approval.
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