You might think that an air freight company that has grounded its fleet of 37 airplanes might be in pretty serious financial trouble, but just the opposite may be the case for CNF Inc. (CNF) and its Emery Worldwide unit
Read MoreUnited Airlines and BMI British Midland on Wednesday asked the US Transportation Department to give their transatlantic alliance immunity from American antitrust laws, throwing the US and UK’s second largest carriers into a bitter debate on air competition between the two countries.
Read MoreP&O Nedlloyd has seen encouraging results in its second quarter financial breakdown. Operating profit for the second quarter was US$46 million, an improvement of $2 million compared with the same quarter last year
Read MoreTNT Germany laid the foundations of the world’s third-largest logistics facility and of its new branch in Wiesbaden in January 2000. The installation’s name: TNT Mega Hub Rhein Main.
Little over a year later, in February of this year, the huge terminal was put into operation and recently officially inaugurated.
GERRY Smith, the managing director of Consignia’s services group, forecast
yesterday that flogging off the 40,000 Royal Mail and Parcelforce vehicles
would bring “significant cost savings and efficiencies.” But those benefits will not be for Post Office staff or the vast bulk of its
customers.
Yesterday the French post office, La Poste, made official its appointment of Paul-Marie Chavanne as chairman of Geopost, its parcels and logistics holding company.
Read MoreTHE ROYAL Mail and Parcelforce yesterday put their entire 40,000-
strong vehicle fleet up for sale in a move denounced by unions as further
evidence of the creeping privatisation of postal services. Consignia, the group formerly known as the Post Office, said its
preferred option was to form a joint venture in which it would retain a 51 per
cent stake. But a spokesman added that an outright sale of the fleet remained
an option.
Sepomex wants political parties and the judiciary to pay for postal services. It seeks to guarantee universal service and increase management autonomy.
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