Consignia, formerly the Post Office, is considering outsourcing large parts of its operations, including letter sorting and delivery, to enable it to compete with potential private sector rivals. The proposals are understood to have emerged during an efficiency review by KPMG, the professional services firm, as part of Consignia’s efforts to prepare its Royal Mail letters subsidiary for competition.
Read MoreLIST OF UPU MEMBERS NOT OFFERING AN OUTGOING EMS SERVICE
Read MoreLufthansa, the German airline, has agreed to sell its ground handling subsidiary GlobeGround to Penauille Polyservices, the French business services group. The deal will create the world’s biggest provider of ground handling services operating at 199 airports in 39 countries with a workforce of more than 30,000.
Read MoreHays DX files complaint against Belgian PO
Read MorePhileo Allied which has proposed to acquire the entire equity interest in Pos Malaysia, said that the principal activity of Pos Malaysia after the aquisition, was to provide postal and related services.
Read MoreSix leading transportation service and technology providers have formed a joint venture aimed at providing small and medium shippers with the same quality of service that large shippers are able to command – and at similar prices.
United Airlines, American Airlines, Roadway Express, UTi Worldwide, Unisys Corp. and G-Log are partners in the venture, to be called Integres Global Logistics.
Read MoreConsignia has expanded its presence in the Danish distribution market by acquiring a majority share holding in Stafetten, an express courier company providing specialised delivery services to Danish business customers, it was announced today.
Read MoreAir France said net profit rose 19% in its latest fiscal year to a record €421 million ($360 million). The company said that strong sales growth helped offset a rise in fuel prices and the cost of integrating regional carriers. Revenue rose 19% to $10.5 billion. For the fiscal year ended March 31, 2001, operating profit rose 23% to $378.5 million. That matched analysts’ expectations
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