La Poste reached an agreement with two trade unions
The French La Poste reached an agreement with two important trade unions – CFDT and CFTC – which introduces a staff profit-sharing system.
Read MoreYear: 2001
Consignia has failed to achieve its financial target
The British Post Office Consignia plc since March, has clearly failed to achieve its financial target for 2000/2001.
Read MoreThe Finnish post has hived off its entire data processing operations to a subsidiary.
The Finnish post has hived off its entire data processing operations to a subsidiary.
Read MoreFast expansion led to Eurovos demise
A Dutch transport operator and forwarder with a turnover of G250m (E112m) has been forced into receivership.
Intermodal foodstuffs and bulk chemicals specialist Eurovos XL said it had financial problems because it was expanding its business activities too fast.
Dutch logistics and transport association KNY said there had been an increased number of transport companies going down in the last year in the Netherlands, but that Eurovos did not fit into this pattern.
Billion dollar war chest for APL
The expansion of APL Logistics was given a major boost last week as parent company Neptune Orient Line (NOL) began a programme to raise US$lbn (E1.18bn) through bond issues.
The Singapore-based shipping and logistics giant said the funds would be used to expand the group’s businesses and refinance existing borrowings, but hinted strongly that the bulk would go into the logistics arm.
Schenker opens U.S. hub
International forwarder Schenker, Inc. said it opened its first U.S. integrated logistics center in Miami as part of an aggressive expansion strategy in the United States.
Read MoreGreens see red as UPS plans expansion
UPS is to pour more than US$100m ( t117m) into expanding its Cologne hub, despite protests from environmentalists. A UPS spokesman said: “The building is being expanded to position us for the future. We are more than doubling the sort capacity from 60,000 to 135,000 packages an hour.”
Read MoreThe short, sharp shock of downturn (TNT)
General manager for TNT in Ireland Philip Bracken, says express companies always notice it first when there is a dip in the economy.
“Analysts look at us in Europe and Ireland as they follow the fortunes of FedEx in the US because we are a good indicator of economic health,” he says.
If that is so, then a short, sharp shock is on the cards. After a strong first quarter in which TNT started operating three aircraft nightly out of Ireland – one aircraft from Dublin which called at Liverpool en route to its Liege hub, and two others from Shannon and Cork. The integrator dropped back to two in early April.
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