Author: Archive

DHL and Air France – KLM intensify their collaboration

Air France – KLM and DHL Express have signed a three-year contract that covers all express delivery within the European Union. DHL Express will deliver all parcels sent to European destinations and all internal documents for the two airlines. DHL and KLM have been collaborating intensively for the last three years. Both organisations have invested in joint IT and Finance solutions.

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Belgium knows best

It will be as exciting as taking a stake in the Belgian Post Office. Which, in the manner of a pickled stockbroker of yore, is as if to say “dull, dull, dull”. How then to explain that CVC, one of the UK’s leading private equity houses whose annual investment returns are habitually well over 20 per cent, is taking a substantial holding in De Post/La Poste, Belgium’s state-owned postal service?

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Freight firm snaps up New Zealand Kiwi Express

Freightways has added another courier company to its stable, paying $3.5 million for Kiwi Express. “We think it will be a great complementary fit with the rest of the courier businesses we operate under the Freightways banner,” managing director Dean Bracewell said. Freightways had no plans to make any changes to Kiwi Express, he said. Despite being a small company, Kiwi Express was well established in the point-to-point delivery market in Auckland and Wellington and had a stable customer base. For the year to June next year, Kiwi Express is expected to add NZD700,000 of ebitda earnings to Freightways. The purchase had been funded using existing finance facilities, Mr Bracewell said.

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US postal chief foresees 2007 rate increase

Gasoline prices that have millions of Americans digging deeper into their pockets are spurring thoughts by Postal Service officials that an increase in mail rates may be needed in 2007, following one already planned for next year.
The fact that it costs the mail agency USD8 million for every penny increase in gasoline prices for its 212,000 vehicles is a major factor in a postal rate increase expected in 2007, after one next year, Postmaster General John Potter said Friday. A 2-cent increase in stamp prices scheduled to take place in 2006 will merely cover the cost of legally required escrow payments, so growing costs overall will force a second boost a year later, Potter said Friday in an interview with The Associated Press.

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Argos chooses Exel to run new home delivery facility

Argos Home Delivery has appointed Exel in a major contract to manage a brand new regional distribution centre in Darlington, County Durham. It will serve customers in the North of England, Scotland and Ireland. Argos already uses Exel to manage two existing distribution centres, at Marsh Leys near Bedford and Acton Gate near Stafford. These operations, which between them cover the rest of the country, will continue.

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Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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