SNCF is poised to announce that it is relinquishing control of loss-making parcel delivery arm Sernam through a managment buy-out. The French state rail operator had invited offers for the company, through a European tender issued last autumn. However, of the 20 to 30 firms that made initial enquiries, none confirmed an interest in acquiring the company, which made a loss of EUR40m in 2003.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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