APL Logistics. part of the Singapore-based NOL Group, is continuing its shopping spree. <Previouslv APL Logistics really had very little presence in the US, but the acquisition of GATX Logistics was a major milestone in creating a presence in North and South America.” Mike Gardner, CEO of APL Logistics in Oakland said at a recent press conference in London. One or more acquisitions were being considered in Europe.
Read Moreast week, Thiel AG, based in Grevenmacher (Luxembourg) confirmed that it had acquired the majority of Birkart Glohistics AG’s business divisions. Birkart is headquartered in Aschaffenburg (Bavaria, Germany). The new acquisition will not only enable Thiel AG to break into the fashion logistics sector and expand its activities on the European market, hut also to strengthen its position in Asia, Africa. America and Australia.
Read MoreTwenty years after he first pitched the idea. Fred Seymour, through his company Frederick P. Seymour & Associates. is managing a significant pilot test of “reconsoIidation” of Periodicals Mail. The Magazine Publishers of America (MPA) and American Business Media (ABM) are sponsoring the reconsolidation test. which Seymour has designed. He will manage the logistics and implementation. as well as provide analysis of the test results and the costs amid benefits of the reconsolidation concept.
Read MorePalletforce, the UKs largest pallet network, has formed a strategic alliance with Belgian transport and logistics organisation Gillemot, a subsidiary of Giraud. Formed in September, Palletforce has almost 40 members.
Read MoreFEARS that Britain may lose up to half of its post offices grew yesterday.
Consignia, the new name for the Post Office, dismissed reports of such large-scale closures as “pure speculation”.
However, a spokesman admitted yesterday: “We know that, of our 17,500 post offices, some are not viable and some may have to be closed.”
Read MoreConsignia — formerly the Post Office — has confirmed the appointment of Allan Leighton as interim chairman. He takes over from Neville Bain, whose contract expired at the end of last year and his tenure will last three to four months until the Department of Trade & Industry find a successor.
Read MoreUK same-day courier company CitySprint has been acquired in a multi-million pound management buyout (MBO) deal from troubled Dispatch Management Services DMS and its new owners are predicting double-digit growth in 2002.
“We are looking at growth of 15-20% annually over the next three years,” said chief executive Andrew Bernard, who led the buyout. “We see that as realistic in 2002. Tt means increasing market share, but it has to be managed effectively.”
The courier, express and parcel service provider will open one of the largest distribution centres on the Iberian peninsula at Valongo (in the Porto conurbation) in March. The new complex offers 5200 sqm of covered and 10,000 sqm of open storage area and replaces the existing facility in Maia. It will cost approximately EUR 2.5 million to build. Some 200 people will he employed at the new centre.
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