UK Amtrak Boosts Turnover to the GBP100 Million Mark With Nightspeed Integration
BRISTOL, England, June 23 /PRNewswire/ — Amtrak Express Parcels has completed the integration of Nightspeed, the overnight parcel carrier that it acquired in 2005. With the amalgamation of all of Nightspeed’s depots into an expanded Amtrak network, it is the first time in the UK that two parcel networks have been integrated. The move has seen Amtrak increase its turnover to GBP100 million, add 8500 customer accounts and secure jobs within the industry.
The expanded Amtrak business now incorporates 25 former Nightspeed locations with a 100-strong depot network. The integration has enabled Amtrak to re-structure its network to improve regional coverage and better serve customers, including a number of new regional depots and a new North West of England hub to handle extra capacity. The Amtrak commercial vehicle fleet has also been expanded and now includes 2000 delivery vans.
Amtrak Express Parcels has completed the integration of Nightspeed, the overnight parcel carrier that it acquired in 2005. With the amalgamation of all of Nightspeed’s depots into an expanded Amtrak network, it is the first time in the UK that two parcel networks have been integrated. The move has seen Amtrak increase its turnover to GBP100 million, add 8500 customer accounts and secure jobs within the industry.
Amtrak Express Parcels Ltd
The acquisition of Nightspeed has boosted Amtrak’s presence in a number of key business to business sectors. This has given Amtrak extra volume which compliments Amtrak’s home delivery services. Amtrak has retained the Nightspeed name for specialist services not previously offered by Amtrak, including Nightspeed Secure Express the high security overnight delivery service.
“This is the first time two UK parcel networks have been fully integrated. We could have taken an easier route but we wanted to create a bigger and stronger business by building on Nightspeed’s strengths” comments Jonathan Smith, Amtrak’s CEO. “Now that the integration is complete, we can capitalise on the business potential that was so evident at acquisition. The integration has not only given us a boost in capacity and an increase in volumes, but also entry into some appealing new markets such as high security express services and government mail”.
