Tibbett & Britten (T&B) has won a contract to start up and manage three warehouses and a customer response centre in Los Angeles for consumer goods manufacturer Procter & Gamble, totalling more than 370,000 sq metres. T&B already operates outsourced distribution centres in Cincinnati and New Orleans.
Read MoreThe slowdown in the air transport industry following the 11 September attacks has impacted on performance at Servisair’s French parent company, Penauille Polyservices.
Read MoreIt is a year-on since La Poste bought Parceline and Interlink from the Australian-owner Mayne Nickless in a deal which Colin Milibariks, a chief operating officer, describes as a marriage made in heaven.
Mayne Nickless was renamed GeoPost, and Millbanks and Kay Philips were both made ceos. Millbanks claims that had the two parcel distribution firms not been bought by such a large postal authority they would have been unable to secure their position as mega players in the parcel market.
Millbanks says: “You can already see that the postal authorities of Germany, France, and Britain have emerged as the power players in Europe.
29 April 2002 -DHL has acquired a majority stake in DHL India in which it has bought part of the stake of the family owners.
Read More29 April 2002 Giraud has acquired Caballol a Spanish Haulier. Caballol has a turnover of €4.5m and the acquisition will complement Girauds existing operations in Spain
Read MoreA once-buoyant German venture has a huge shed, but little else to show for $263 million. In Texas real ranchers disparage an upstart by saying he is “all hat, no cattle.” That western saw aptly describes the current predicament of CargoLifter, a would-be manufacturer of heavy-lift dirigibles that so far has only lifted $263 million from investors. Though the German company has been designing a prototype for four years, a finished vehicle does not exist. What does? A gigantic shed outside Berlin.
Read MoreGermany’s publicly controlled postal system, Deutsche Post, is facing by next month or June at the latest a new multimillion-euro fine by the European Union over its continuing subsidies to its money-losing package delivery service.
Mario Monti of the EU said Deutsche Post was continuing to violate EU competition policy by using revenues from its monopoly on most first-class letters to keep the package service afloat and undercut private-sector competitors.
China’s postal monopoly has extended its deadline for express delivery companies to comply with new restrictions on their businesses, in the first sign it may be softening its stance in a regulatory dispute with its competitors. China Post had issued regulations requiring all express delivery companies to stop handling letters and packages under 500 grams, and register with it to continue their other businesses. A notice in Monday’s People’s Daily extended the original May 6 deadline to June 15.
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