New Zealand Post subsidiary Transend has finally ended its strife-plagued South African postal management contract.
Transend Worldwide, NZ Post’s international consultancy arm, which has contracts in about 40 countries, said yesterday that it had “reached a commercial settlement” with the South African Post Office (Sapo) over cancelling the contract, believed to be worth $54 million
Read MoreAIR express cargo operators Federal Express and DHL are adopting a wait-and-see approach on whether to impose a surcharge on freight shipments following last month’s terrorist air attacks in the United States.
TNT, a subsidiary of the European air cargo and logistics group TPG, said a “small supplement will be introduced worldwide in a phased approach” to support additional service and security measures. A TNT spokesman said the extra checks include the x-raying of all shipments, enhanced security controls and some restrictions on the acceptance of consignments.
Read MoreA Belgian judge on Friday gave Sabena, the struggling national airline, an effective stay of execution, when she granted it protection from its creditors until 30 November, but expressed severe doubts about its ability to survive
Read MoreThings are about to change in Germany’s letter-delivery market. German private postal group Hermes Versand (part of Otto Versand) is planning to create a joint-venture this year with EP Europost AG. Europost is the German subsidiary of TPG Post Groep of Holland
Read MoreNeopost, the European leader and number two worldwide supplier of mailing
solutions, today announced the acquisition of the number three worldwide
supplier of mailing systems : Ascom Hasler, the Mailing Systems Division of
the Swiss group Ascom.
The acquisition price has been set at Swiss Francs 359 million (around Euros
240 million), subject to final adjustments at closing. The completion of the
transaction is still subject, amongst other things, to governmental
authorisations.
What do you do when government rewrites the rules of your business
Read MoreA strategic alliance has been formed between Bibby Distribution and air and sea freight specialies Wilson Logistics Group.
Read MoreTPG has established a joint venture with Hermes Versand to deliver mail in Germany. The company will be called EP Europost AG and Co KG. Hermes Versand is part of the german publishing Group Versand and will hold 29%. TPG will hold 71% of the shares.
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