Nightspeed wins Contract with Egton
Parcels firm Nightspeed is £850,000 a year better off after winning contracts.
Read MoreYear: 2001
TPG to acquire leading Domestic Express company of Thailand
TPG announced today the acquisition of 51% of T.E.I., the leading domestic express company of Thailand. T.E.I. offers both express and logistics services nationwide through its extensive road and air network
Read MoreConsignia withdraws request for price hike
British post office, Consignia, has been forced into a climbdown over its request for a hike in the price of stamps. In April, just days after being granted a licence to operate as a plc, the company shocked regulator, PostComm, with a demand that both first and second class stamps go up by 1 p in October.
Read MoreMass mailers selling aide
Consignia is to extend its range of sales support beyond its own sales force and into agents sales teams. The scheme which is known as MASS (Mailing Agents Sales Support) will inform the mailing agents sales force of future marketing activity, so that they can identify opportunities.
Read MoreBlocking tackle: Against privatisation of the Japanese Post Office
The postal ministry of Japan has come out with drastic measures as a counterproposal to Prime Minister Junichiro Koizumi’s plans to privatise postal services. Reports from The Asahi Shimbun newspaper say it has obtained documents showing the Ministry of Public Management, Home Affairs, Posts and Telecommunications is attempting to substantially improve the inefficient nature of postal services -mail delivery, postal savings and postal insurance -although it falls short of accepting privatisation.
The services are expected to be converted into a public corporation in April 2003. However, the details of how this will be done remain under wraps.
DPWN Sells Unit; Streamlines Express Div.
July 2001 Deutsche Post sold its German valuables transport unit, Deutsche Post Wert Logistik GmbH to Securicor plc.
Read MoreUPS Logistics Group To Acquire Germany-Based UNI-DATA AG
UPS Logistics is to acquire German UNI-DATA AG, a logistics provider to the high-tech industry in Europe. UNI-DATA offers supply chain management solutions focusing on service parts logistics services such as installation and repair, spare parts and warranty management, urgent delivery services and reverse logistics.
Read MoreUPS Logistics Group acquires German logistics provider
UPS Logistics Group has agreed to acquire a 75% stake in Uni-Data AG, a leading logistics provider for the high-tech industry in Europe. Terms of the cash transaction were not disclosed. UPS anticipates the acquisition will be profitable but that it will have a negligible impact on earnings.
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