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FedEx Win Hyundai Shipping Contract

The FedEx Corporation, the largest overnight delivery service, won a contract to be the exclusive carrier for the Hyundai Motor Company’s United States sales network, shipping about 200,000 packages a year. Terms of the contract were not disclosed.

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Geodis / La poste partnership in the pipeline

Pierre Blayau, head of Geodis, the French logistics and transport group in which railway operator SNCF Participations is the main investor, has unveiled his strategy for the medium term.
Blayau, hinted that the country’s postal operator La Poste could figure in Geodis’ future plans as he estimated a net loss of between Eurol 40 million and Eurol 50 million for 2001 in view of restructuring costs.

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