EU Court Rules TNT Must Pay Fees in Italy.
TNT Post Group must pay ILr46 mil in fees to Poste Italiane over letters and
packages it delivered in 1999 in Italy
TNT Post Group must pay ILr46 mil in fees to Poste Italiane over letters and
packages it delivered in 1999 in Italy
The European Commission said the statement it made this midday about Belgium’s La Poste should be disregarded as it “was issued by mistake.”
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Read MoreSchenker AG, the German-based forwarder, is revamping its U.S. operations in an effort to boost its presence here. “We mainly serve a European customer base. We want a U.S. customer base,” Karl-Heinz Feldmann, executive vice president for corporate development at Stinnes AG, the company’s said in an interview.
Read MoreUnited Parcel Service staked its claim to the forwarding and customs brokerage business Thursday when it closed on its acquisition of Fritz Cos., and revealed that it had also acquired a stable of smaller customs brokerage companies specializing in trade with Canada and Mexico.
Those companies will be combined with Fritz and UPS’s existing freight forwarder business in a new, as yet unnamed unit, with an estimated $750 million in annual revenue.
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Read MoreFrench post office airline subsidiary Europe Airpost, formerly L’Aeropostale, said it is forecasting a 2001 turnover of 147.6 million euros. The vast majority of this figure, around 95 percent, will be accounted for by the airline’s domestic air cargo network which carries around 500 tonnes of mail and express shipments daily on behalf of La Poste and its subsidiaries
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