Deutsche Post is expect.ed to raise its stake in DHL Worldwide Express to 72 percent early in 2002, DIlL Iiiternational (UK) Ltd managing director David Coles said.
Deutsche Post has a 46.3 percent shareholding, which will rise to 51 percent and then to 72 percent over quickly next year, he told journalists.
Exel has opened a 190,000 sq ft site at Marston Gate in Befordshire to handle the growing volume of traffic for Argos Direct, the retailer’s home delivery business, following an extension to its contract.
Read MoreBusiness Express has won a door to door delivery contract with the Braywood Group, a multi-channel fulfilment service provider.
Read MoreMPs attacked the Depart-ment of Trade and Industry yesterday for failing to oversee adequately the Post Office’s purchase of German Parcel. The deal was done with the agreement of the DTI, but the department failed to appoint an adviser until three weeks before ministers had to approve the deal, and failed to set clear targets or monitor progress of the acquisition rigorously, according to the Commons public accounts committee.
Read MoreThe terrorist attacks and the slipping economy combined to cause the biggest drop in mail volume in more than 30 years, the Postal Service reported yesterday. In the first quarter of its fiscal year — Sept. 8 to Nov. 30 — mail volume was 2.8 billion items below the same period last year.
Read MoreThe posts ministry’s administrative evaluation bureau has drafted a report urging the ministry to streamline state-run postal services through measures such as large job cuts and consolidation of neighboring post offices, bureau officials said.
Read More10 January 2002 Frans Maas has acquired the logistics and shipping activities of Cargo Services S.r.l in Fidenza, the annual turnover of Cargo Service, is € 20 million.
Read MoreJanuary 10, 2002 Jan 10, 2002, The majority of the Shares in Birkart Globistics AG, the German logistics company, are being bought by Thiel Logistik of Luxembourg
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