United 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.
Read MoreNew Post Office regime led to discontent among workers
Read MoreThis postal strike will only deliver failure
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
Read MoreSources suggest deal fell through at 11th hour, but BPCS deny takeover on agenda
Read MoreSome 6000 people in the Netherlands are piloting a new electronic letterbox scheme launched by PTT, the postal services arm of TPG, allowing payment of bills electronically anywhere in the world.
EBPP – electronic bills payment
Canada Post is to acquire a majority interest in Progistix Solutions, a wholly-owned third party logisics subsidiary of Bell Canada. CP is partnered with Intelcom Courier Canada, a Montreal based, same day delivery and logistics solutions company, which is also acquiring an interest in Progistix.
Read MoreDHL Worldwide Express saw first quarter 2001 turnover rise 21 percent to 6.3 billion pesatas, a new high, the company said on Wednesday.
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