Building a successful relationship with Maquet – Maquet
Building a successful relationship with Maquet
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Measuring the Quality of Performance in European freight corridor – Institute of Transport Economics
Measuring the Quality of Performance in European freight corridor
Read MoreThird Party Logistics and Information Technologies – Facts, Figures, Developments and Future Challenges – Fraunhofer Institute for Integrated Circuits
Third Party Logistics and Information Technologies – Facts, Figures, Developments and Future Challenges – Fraunhofer Institute for Integrated Circuits
Read MoreHow to adapt and prosper as the European logistics landscape is transformed – Flemish Institure of Logistics
How to adapt and prosper as the European logistics landscape is transformed
Read MoreEmirates Post to spend up to USD500 million on Asia acquisitions
Emirates Post will put a strong focus on Asia under its “aggressive” international expansion strategy, according to director general Abdulla Al Daboos. The Dubai-based company is ready to spend about USD400 – USD500 million on acquisitions in a bid to become an important regional player, he told participants at the Asia Pacific Mail & Express 2006 conference in Singapore this week.
Outlining the organisation’s growth strategy, Al Daboos commented: “This means buying, like everybody else”. Emirates Post currently has three ‘due diligences’ under way in India, two in the UK and one other in Europe, he revealed. It is also looking at China. The fast-growing postal operator is looking in particular at courier and freight forwarding companies, he said.
An Emirates Post Group holding company would be formed shortly, and a 49% stake would then be floated on the Dubai stock exchange, Al Daboos said. He aims to raise about USD1 billion from the IPO.
Read MoreSpanish Logistadis wins supply contract to 100 Local Post Offices
Logistadis SA, whole-selling subsidiary of Spanish logistic group Logista SA, won a tender to supply 100 offices of Spanish state-run postal services provider Correos with stationery and office materials, the company said on October 4, 2006.
Logistadis included in the offer a catalogue with paper and office materials, photography and IT items, in line with Correos’ diversification strategy aimed at increasing retail capacity.
At present, Logistadis (www.logista.es) trades over 700 products, including batteries, photography items, audio and video products, cards, guide books, books, stationery, etc. in Spain and Portugal.
Logista is a partner of Correos in offering logistics services in Logista platform. Weekly transport of ordered products is handled by Integra2, the industrial transport subsidiary of the group.
Read MoreIDSY: Awarded USD1.1M Contract by United States Postal Service
I.D. Systems, Inc. (IDSY) announced that it has been awarded a development contract by the United States Postal Service (USPS) to integrate automated material flow management capabilities into I.D. Systems’ Wireless Asset Net(R) industrial vehicle management system. The contract is valued at approximately USD1.1 million, subject to certain terms and conditions, with work expected to commence immediately. The development project defined by the new contract was conceived to analyze certain productivity metrics of vehicle-related material handling, forecast periodic work loads, and dynamically optimize material movement in a distribution center environment.
Read MoreEU tells France to withdraw unlimited guarantee from La Poste
The EU told France on Wednesday to end the unlimited guarantee it gives the country’s post office La Poste that allows it to borrow money on better terms than rivals.
The European Commission said La Poste’s special status as a publicly owned company meant it was exempt from ordinary bankruptcy and insolvency procedures and the state could ultimately be held liable for its debts.
“This situation is tantamount to a state guarantee that is unlimited in amount and in duration and covering all of the liabilities of La Poste,” it said.
“The fact that the guarantee is unlimited allows La Poste to obtain finance on more favorable terms, giving it an advantage over its competitors and thus distorting competition on a market which is in the process of being liberalized.”
EU regulators recommended that France withdraw the unlimited guarantee by the end of 2008 and gave Paris one month to respond.
The Commission said it was not calling into question La Poste’s position governed by public law or its public ownership.
Following a similar EU demand, France withdrew an unlimited guarantee in December 2003 that had been granted to Electricite de France SA.
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