Europa Worldwide Services has opened its new Belgium hub in Brussels. The new facility will provide exporters and importers to Belgium and neighbouring countries with a guaranteed two-way next-day delivery service.
Read MoreSix European logistics companies, including ISL Logistics (SupplyLane), have joined forces to launch a new panEuropean alliance which will provide customers with a single point of contact for a range of distribution and logistics services throughout Europe.
Read MoreRoad haulage dominates the German transport logistics market, with a 39% share of the market. Distribution is the joint second largest sector, accounting for 13% of the market.
Read MoreUK parcel delivery firms, Parceline and Interlink Express have launched a new worldwide parcels delivery service.
Read MoreAnother venerable name in the transportation industry will disappear on July 1.
United Parcel Service plans to drop the Fritz Cos. name on that date when “all entities that comprise (UPS) Freight Services will begin operating under the UPS Freight Services name,” UPS Chief Financial Officer Scott Davis told a Merrill Lynch transportation conference Thursday. The only exceptions will be in some overseas markets where it’s required to keep using the Fritz name for legal, contractual or regulatory reasons, said spokesman John Flick.
UPS acquired San Francisco-based Fritz, one of the nation’s oldest customs brokers, for $456 million in stock in June of 2001.
United Parcel Service said it has seen its intra-Asia volume rise almost 19% since it opened a regional hub in the Philippines in April.
The new network, based at the former Clark Air Force Base, connects nine major Asian markets with overnight delivery service.
BRITAIN’S Post Office, horribly renamed 18 months ago as Consignia, is in a mess. On June 13th it announced a £1.1 billion ($1.6 billion) loss for the year to March 31st. Thousands of jobs are to be shed, in a frantic effort to reduce a bloated cost base. Discontent among its roughly 250,000 workers still simmers, after a wave of industrial disputes last year.
BRITAIN’S Post Office, horribly renamed 18 months ago as Consignia, is in a mess. On June 13th it announced a £1.1 billion ($1.6 billion) loss for the year to March 31st. Thousands of jobs are to be shed, in a frantic effort to reduce a bloated cost base. Discontent among its roughly 250,000 workers still simmers, after a wave of industrial disputes last year.
Palletways, the UK specialist in the express distribution of small consignments of palletised freight, has achieved a management buy-out with the support of a €9 million investment from 3i, the venture capital company.
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