Tibbett and Britten awarded contract with luxury brands group
UK based international logistics service provider, Tibbett & Britten Group plc, has won a contract in the UK with luxury brands groups, LVMH (Louis Vuitton Moët Hennessy).
Read MoreDay: May 13, 2003
TPG: No More Acquisitions in Germany This Year
Dutch mail and express company TPG NV said on Tuesday it did not plan to make any more acquisitions in Germany in 2003, even though it had said late last year it was considering buying a logistics business there. Chief Executive Peter Bakker told journalists that TPG was happy for now to have its management in Germany focus on a company-wide revamp of logistics operations. ‘I would not expect any acquisitions (in Germany) this year,’ he said.
Read MoreEuropean Commission gives the go-ahead to the creation of a joint venture for distribution to kiosks in Italy
The European Commission has authorised the creation of a joint venture by Holding di Partecipazioni (HdP) and De Agostini, two players on the Italian media market. The joint venture, called RCS Diffusione, will distribute to local outlets throughout the country both newspapers and magazines and a range of other products (mobile phone top-up cards, batteries and personal hygiene products). The operation does not give rise to competition concerns.
Read MoreWilson Logistics on track for billion dollar target
Wilson Logistics on track for billion dollar target
Read MoreSpanish Azkar Plans 120 Mln Euro Capacity Investment by 2005
Spanish transport and packaging company Transportes Azkar (Azkar) plans to invest 120 mln euro ($138.43 mln) by 2005 to expand its capacity, it was reported on May 13, 2003.
The project will be presented for approval to the board of directors of the company in July 2003. The plan includes acquisition of land plots and construction of warehousing platforms.
Read More'Sabotage' threat to UK rural post offices
Fresh fears were expressed for the future of the Westcountry’s post offices yesterday after new figures revealed that just one in six people are signing up for a scheme designed to safeguard the network. The figures, released by the Department of Work and Pensions, suggest that the final take-up of the new Post Office card account could be so low that many more post offices will be forced out of business. The Department of Work and Pensions has been accused of sabotaging the scheme by making it difficult for pensioners and others to sign up.
Read MorePostcomm seeks views on changes to two of UK Royal Mail’s services
Postcomm today sought the views of mail users on proposals from Royal Mail to make changes to two of its services – Special Delivery and Standard Parcels.
The services are included in Royal Mail’s licence, which was issued by Postcomm, and the proposed changes need Postcomm’s approval before they can be implemented.
Singapore Post makes solid debut on stock exchange
Singapore Post (SingPost), the postal unit of Singapore Telecommunications (SingTel), made solid gains Tuesday as the largest initial public offering (IPO) so far this year came to market, dealers said. At the midday trading break at 12:30 pm (0430 GMT), SingPost closed at 63 Singapore cents (36.42 US cents), up from its issue price of 60 cents.
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