Author: Archive

UPS Predicts Settlement with Teamsters

Posted by | Apr 10, 2002 | |

United Parcel Service Inc. chief executive Michael Eskew on Wednesday said he was confident the express delivery company could reach agreement on a new contract with the Teamsters, representing 220,000 workers outside the company’s airline division, by a July 31 deadline. ‘We know we have the best people in the business and we’d like to give them a fair contract going forward, but we’d also like to have the ability to grow our business over the long term,’ Eskew told Reuters in an interview.

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Procter & Gamble contracts T&B in the US

Posted by | Apr 10, 2002 | |

Tibbett & Britten Group North America Inc. (TBGNA), the North America division of T&B, was recently contracted by Procter & Gamble to manage three warehouses in the US belonging to the world-famous manufacturer of household articles

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New Look awards contract to P&O Trans European

Posted by | Apr 10, 2002 | |

New Look ,fashion retailer, has appointed P&O Trans European to strengthen and expand its supply chain operations. In addition to providing warehousing and transhipment faciliteis, P&O will work closely with New Look to further develop the new logistics strategy that will realise the companys ambitious plan to grow its existing network of 485 stores across the UK.

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MG Rover contract for Taylors

Posted by | Apr 9, 2002 | |

Taylors of Martley has won a contract to provide MG Rover with a sequencing supply system that will enable individual parts to be delivered to the production lines within 15 minutes. The work will be carried out by its TM Automotive Logistics division which also has the contract to operate an internal distribution centre at MG Rover’s Longbridge site.

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Will deregulation really end Consignias monopoly?

Posted by | Apr 9, 2002 | |

“The proposals from Postcomm to open up the universal postal service to full competition have been widely supported by businesses. But questions remain unanswered: how long will it take before there is true competition; how level will the post-monopoly playing field be; or will Consignia continue to hold all the cards?

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Deutsche Post still very dependent on monopoly

Posted by | Apr 9, 2002 | |

In 2001 Deutsche Post World Net revenue rose by 2.1 per cent to 33.4 billion euro while profit from operating (Ebitda) increased by 7.3 per cent to some 2.6 billion.
CEO Klaus Zumwinkel suggest a higher dividend for shareholders, 37 cents per share, an increase of 37 per cent.
Deutsche Post increased its net profit for the period before minority interest (profit after tax) by 4.3 to around 1.6 billion euro, raising earnings per share also by more than 4 per cent from 1.36 to 1.42.

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Deutsche Post has no expectation of share placement this year

Posted by | Apr 9, 2002 | |

Deutsche Post AG, the German postal operator, has said that it does not expect the country’s government to place any more shares in the company in the current year. The group’s current share price is less than ideal for a placement. Having fallen by 2 per cent to 16.55 euros on Friday, it made a slight gain on Monday, but is still a long way off its issue price of 21 euros, as well as its all-time high of 24.70 euros.

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