Airborne Express, faced with an earning slump and increased competition, has launched a new ground-delivery service in the USA. Carl Donaway, president of the package express company, said Airborne decided to offer the less expensive alternative to its air delivery service in response to competition from rivals UPS and FedEx. “We feel it is essential to be able to offer full (ground capability) in this competitive environment,” Donaway said.
Read MoreExpress services giant DHL is developing an Express Logistics Centre at the Discovery Cove Industrial Estate near Sydney Airport. The facility, part of a $US30m investment program in Asia, will serve as a strategic warehousing location for customer goods that require fast intra-city deliveries
Read MorePalletways has denied that its directors received £12m in its management buyout which involved 3i making a £6m investment.
Read MoreIn an attempt to fill a gap in its market, TPG has bought a 50% stake in a pan-Nordic parcel firm through its TNT Logistics subsidiary. TNT has bought half of DFDS Transport Logisitics, part of DSV A/S which is a transport, logistics and environment group with bases in Denmark, Sweden, Norway and Finland.
Read MoreWincanton has won a distribution contract from Dutch dairy co-operative Campina. The three year deal is for the storage and distribution of Campina’s products throughout the UK and Ireland, which include yoghurts, butter, cheeses and milk drinks. The contract will be serviced from Wincanton’s chilled shared user site at Brockworth, near Gloucester.
“This is an excellent opportunity for Wincanton to deliver real supply chain improvements for Campina, which has been a customer of the chilled consolidation network for several years”, said Brian McDill, Wincanton director of operations for the Industrial Logistics business area.
Read MoreThe Italian government is to launch the second tranche of its property securitisation operation next week. The operation, which will run until the end of the summer, is designed to reducing gross expenditure by 4bn euros. The properties involved are residential buildings owned by seven prudential insurance companies, the Italian railway company FS and the Italian post office Poste. The properties of these last two are worth 334m euros and 324m euros respectively. The application forms will be sent to Italian banks on May 15.
Read MorePrime Minister Junichiro Koizumi’s Cabinet on Tuesday endorsed the remaining two bills of a set of four on postal services deregulation and plans to submit both to the Diet.
On April 26, the Cabinet endorsed and submitted the other two bills, featuring fundamental reform measures for postal service-related operations, effectively steamrolling opposition from heavyweights in Koizumi’s ruling Liberal Democratic Party.
Swiss Post Annual Report 2001
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