Kuehne & Nagel has secured a contract to handle production logistics for Airbus Deutschland’s A380 programme. The deal includes the construction and operation of a dedicated logistics centre in Hamburg.
Read MoreDFDS Transport has won a two-year contract with the UK Ministry of Defence for road transport services between the UK and the republics of the former Yugoslavia. It will carry a range of general supplies needed to support the UK armed forces presently located in the region in a contract worth up to £8.5m (€13m).
Read MoreHays Logistics has been appointed by Orange to manage the distribution of its handsets and accessories throughout Britain.
Read MoreSpain-based express operator Seur International topped a new survey of European parcel and express companies conducted by Datamonitor. Six hundred companies were asked to rate express operators on a range of criteria. FedEx, UPS and DHL were placed fifth, sixth and seventh, respectively.
Read MoreSingapore Telecom’s plan to divest non-core assets Singapore Post and SingTel Yellow Pages won’t be a simple asset sale.
Potential buyers will have to be approved by the Infocomm Development Authority because ownership of the licences for the two units is not transferable.
Yellow Pages and SingPost each has its own service-based operator (SBO) licence.
Read MorePolestar is spending over #3m in a bid to win leadership in the UK’s direct mail business.
Chief executive Barry Hibbert announced what will be a major consolidation in Polestar by bringing together four separate business units to form Polestar Direct and backing this by investment to include a ten-colour narrow width web press. Additional investment will increase Sitma mailing line capacity and flexibility.
With a turnover of around #45m, Polestar Direct is set to contribute almost 10% of Polestar’s revenues. It already handles some of the largest mail shots in the country with work for Tesco’s Clubcard as a prime example.
Read MoreThe Italian post office is to add €250 million to its existing issue of bonds, which mature on 3 July 2012 with a coupon of 5.25 per cent. Deutsche Bank and J. P. Morgan Securities are to lead manage the operation.
Read MoreRoyal Mail chairman Allan Leighton is heading for a showdown with regulators over calls to break up the postal service as part of plans to increase market competition.
Mr Leighton is likely to warn a trade and industry select committee tomorrow that an enforced separation of the delivery network, including all postmen, from the rest of the group could spell disaster for its three-year recovery plan.
Royal Mail insiders believe highly regarded Mr Leighton may even resign if further controls are placed on what he sees as an already over-regulated body.
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