TNT acquires Chilean cargo company
TNT has acquired LIT Cargo, a privately-owned company with 1,500 employees, 496 trucks and 55 depots across Chile. The carrier serves the automotive, pharmaceuticals and high tech markets.
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UPS appointment for Nelson
UPS has announced that it has appointed Linda Nelson as vice president of operations for its Alabama District.
Read MorePostbank Reports Fourth-Quarter Loss on Equity Sales
Deutsche Postbank AG reported a fourth-quarter loss after losing money selling equity investments.
Read MoreProfit boost for MaltaPost
MaltaPost registered a profit before tax of €2.9m ($2.4m) for the year ending September 2008 – a 74% increase from 2007’s total of €1.6m ($1.3m).
Read MorePostFinance posts record growth and solid results
PostFinance enjoyed a record year in growth in 2008, with more than 120,000 people deciding to do business with company.
Read MoreUPS drive green agenda
Some 300 new UPS delivery trucks powered by Compressed Natural Gas (CNG) have hit the road in seven cities in the states of Colorado, Georgia, Oklahoma and California.
Read MoreAltenburg to join TNT board
Nelly Altenburg, who has previously spent 17 years working for various Dutch labour unions, will be appointed to the Supervisory Board at TNT.
Read MoreDeutsche Post sell 22.9% stake in Postbank
Deutsche Bank has agreed to acquire 22.9% of Postbank from Deutsche Post AG for around €1.1bn ($1.4bn)in stock and increase that holding in the years ahead.
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