French independent transport and logistics group Heppner is to buy the domestic deferred parcel delivery network, XP France, from investment group Caravelle.
The deal is expected to go through by the end of the monthsubject to regulatory approval.
Caravelle, which specialises in company rescues, acquired the firm from TNT in June 2001, after it made a Eur10m loss.
Read MoreFedEx Italia has emerged as the first customer of a major logistics centre being constructed 2km from Milans Malpensa airport. The express operator is taking a 1,7000sq metre unit, with an option to double up, in the Avioport logistics park.
Read MoreLa Poste, France has launched an electronic Registered Letter (“Lettre Recommandée Electronique”) which is sent over the Internet and delivered in hard copy by the postman. The service is available to senders from La Poste’s website. Individuals can purchase a single letter online, while regular business senders can choose between three annual subscription rates. Electronic registered mail offers proof of posting via e-mail to the sender, confirmation of contents and online storage.
Read MorePost Danmark is expanding its electronic post office service, ePosthuset, first launched last August. The Internet-based service allows individuals to specify which mail items they wish to receive electronically, free of charge, by e-mail or via an e-Boks personal mailbox. Post Danmark now plans to add a secure delivery channel that will allow businesses and the government to send statements and bills with added security. Individuals registered as ePosthuset users could also be offered a free digital certificate that would allow them to log in via a digital signature.
Read MoreIT services provider Indra has landed a USD1.23 million one-year contract from Correos, the Spanish post office, to maintain and support the post’s IRIS system.
Correos uses IRIS to manage the information network system of various branch offices. It handles both front-office customer care and back-office services such as accounting and statistics. Correos considers IRIS critical to its commercial and customer services as well as to its invoicing and business reporting.
Read MoreThe Kenya Postal Corporation will this month spend Sh136 million to purchase more than 80 vehicles to be used by its courier services division.
Post Master General Dan Ameyo said the move is aimed at revamping the Emergency Mail Services and Speed Post.
Ameyo said the parastatal was also working on a plan to win back its customers who had deserted it in favour of other private firms.
Read MoreApplied Digital Solutions, an advanced technology development company, have announced that its wholly owned subsidiary, Government Telecommunications, Inc. (GTI), has been awarded a contract option valued at USD25 million from the United States Postal Service to upgrade telecommunications networks at 108 Postal Service facilities.
Read MorePressure is mounting on Deutsche Post to cut the price range for the IPO of its Postbank banking unit, as bankers admit hardly any investors are signing up for the offer.
Halfway though the bookrunning for the deal, one senior executive at a bank involved in the offering told the newspaper: ‘We have probably contacted 60 investors and, to a man, they have said ‘No’. They are not sitting on the fence. These were just flat refusals.’
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