Exel Logistics has been selected as the lead logisitcs provider for Bluecurrent, a supplier of lifecycle management services for technical assets. The ongoing contract extends the logistics services which Exel offers Bluecurrent in the United States.
Read MoreForwarding company TNT Hungary is to spend EUR 4m (HUF 978m) on capital expenditures in 2002 and 2003, senior executive at TNT responsible for international trade James McCormac said at the opening of TNT Express Worldwide’s new central office and warehouse near Ferihegy Airport on Thursday. TNT Express Worldwide Hungary spent HUF 890m on developments in 2002, of which HUF 600m went toward building the new warehouse. The firm also spent HUF 210m on its IT system and HUF 80m to expand its fleet of vehicles.
Read MoreHalcion Express is not yet a former member of the Fortec pallet network (MT April 3) but resigned from the network on 30 March and is still a member during its six months notice period.
Read MoreExpress Freight Services (UK), with 4 acre sites in Barking and Tilbury, is in negotiation to join a pallet network and expects to make a decision over the next few weeks. The firm has been looking at several networks, operations director Paul Willis says.
Read MoreDFDS Transport has joined Palletways in what is described as a strategic partnership. DFDS becomes Palletways partner for Scandinavia and the Baltic States.
Read MorePostcomm has launched a three-month consultation to find out what users expect from the universal postal service currently provided by Royal Mail. A document published by Postcomm today invites postal users for the first time to comment on the universal service, to say what matters to them, and how they expect the service to develop – for example in response to changes in technology.
Read MorePostal services turnover in Russia may increase to USD 3 billion by 2010 from the expected USD 1.2 billion this year, provided the postal service development program is implemented, Anton Shchegolikhin from the IT and Communications Ministry said Thursday.
Read MoreFrench post office La Poste has revealed that it has set up a venture-capital subsidiary. The new entity, which is known as XAnge Capital, will begin operating with a capital stock of around 50m euros. Its chairman, Herve Schricke, explained that it will invest in companies operating in areas related to those of La Poste, namely express parcel services, mail and financial services.
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