50% rise in turnover for ByBox
ByBox, the UK’s largest in-night delivery company, has seen turnover increase by 50 per cent to £15m in the past 12 months following several significant new business wins.
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TNT UK wins contract with Universal Music
TNT has won a GBP2.5m contract with Universal Music Operations Ltd to make overnight deliveries to independent retailers and major High Street chains stocking music and film CDs and DVDs. The Universal contract follows a successful trial period where TNT executed deliveries for Universal’s Scottish retail network in the second half of 2005. TNT’s nationwide distribution of the CDs and DVDs start in February, when more than 500,000 items will be dispatched to High Street names including HMV, Matalan, WH Smith and independent retailers every week.
Read MoreBelgian Post considers IPO in 2009
Belgian postal service company De Post/La Poste considers launching up to 25 pct of its shares in an initial public offering (IPO) in 2009, it was reported on January 30, 2006. The consortium between Denmark’s postal services provider Post Danmark A/S and UK private equity group CVC Capital Partners Ltd plans to keep at least 25 pct minus one share in De Post/La Poste. The company also considers establishing a separate unit for parcel distribution services, which are currently provided by its subsidiaries Taxipost and Kilopost.
Read MoreTNT UAE first in GCC to pass top international safety standard
TNT Express is the GCC’s first express provider to achieve the OHSAS 18001 prestigious international occupational health and safety certification. ‘Customer service is at the heart of everything we do and achieving OHSAS 18001 accreditation highlights our commitment to health and safety. This certification increases worker confidence and consequently enhances service levels which benefit the end user and considered highly important,’ said Bryan Moulds, Country General Manager, TNT UAE.
Read MorePitney Bowes to acquire Emtex
Pitney Bowes Inc. today announced that it has signed a definitive agreement to acquire all of the outstanding shares of Emtex Ltd. for approximately USD41 million. Emtex’s software and services allow large-volume mailers to simplify document production and centrally manage complex multi-vendor and multi-site print operations. Upon completion of this transaction, Emtex will become a wholly-owned subsidiary of Pitney Bowes within its Document Messaging Technologies division. Subject to regulatory approval and completion of other customary conditions, the transaction is expected to close in the first calendar quarter of 2006. This acquisition is part of the company’s strategic framework for growth, according to Michael J. Critelli, Chairman and CEO of Pitney Bowes. “We are successfully growing our mailstream presence by continuing to add value for our customers. Emtex helps us fill a critical gap between document creation and mail finishing operations in large production mail environments.”
Read MoreChristian Salvesen wins contracts with Continental, Goodyear
Christian Salvesen has been appointed by Continental Tyre Group to provide warehousing and distribution throughout the UK. From July this year, the European Logisitcs business will manage the tyre storage, handling and distribution of Continental Tyre Group Limited Brands. The contract was put out to tender last year, and nine companies took part in the process. Christian Salvesen was successful in securing a five year contract which will be fully operational by July 1, 2006. Christian Salvesen has also extended its logistics partnership with Goodyear Dunlop Tyres UK Limited. Christian Salvesen will take over the operation of the National Distribution Centre at Tyrefort in Erdington, Birmingham, which has more than 500,000 sq ft. of warehousing space and provides the capacity to store one million tires. Operating 24 hours a day, the center incorporates 47 loading bays and has become established as the UK’s leading tire distribution centre.
Read MoreSwiss MailSource takes Over US Forrest Solutions
Swiss mailroom management solutions provider MailSource, owned by Swiss postal carrier Schweizer Post, will fully take over US sector company Forrest Solutions Inc, MailSource said on January 27, 2006. MailSource will pay a two-digit sum in million for the New York-based enterprise. Forrest Solutions (www.forrestsolutions.com), active in the field of mailroom and recruiting services generates an annual average turnover of USD44 mln (36.3 mln euro). Among its customers are banks, law firms, publishing houses and advertising companies in the New York region.
Read MorePrivatization of Argentine mail service postponed to June
Argentine government has postponed until June 30 the privatization auction of the mail service, in the hands of the government since the cancellation of the contract with Correo Argentino, two years ago. The term for the privatization has been postponed three times by Argentine president Nestor Kirchner. In 2004, the Argentine mail service had an operating surplus of ARS 70 million. In 2005, the amount reached ARS 60 million and for this year ARS 14 million is expected. The company has 12,600 employees.
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