DFDS buys Lisco
DFDS Tor Line buys Lithuanian seafreight operator
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DFDS Tor Line buys Lithuanian seafreight operator
Read MoreTransend could lose consultancy contract
Read MoreJust four months after stamp prices increased by a penny, the U.S. Postal Service’s board of governors overrode the independent Postal Rate Commission and imposed a series of increases affecting priority mail, express mail, periodicals and other items, effective July 1.
Read MoreKuehne & Nagel International AG, the Swiss-based forwarding and logistics company, showed improved first-quarter earnings and revenue, despite the economic slowdown in North America. The company said its gross profit increased 10.2% in the first three months of the year to 373 million Swiss francs (about $220 million). Revenue jumped 12.2% in the period to about $1.2 billion.
Read MorePOST offices losses are to increase fourfold to £12m this year from £3m in 2000, according to the Minister for Public Enterprise Mary O’Rourke.
She told the communications union (CWU) conference in Tralee yesterday that if the post office system does not change, losses could hit £28m in 2004.
Employees in An Post will receive nearly £2,600 (euro 3,301) each in an employee share option plan (ESOP) which will be established at the State-owned company as part of a Bill published by the Minister for Public Enterprise, Ms O’Rourke, yesterday. The bill also allows the company to enter into an equity-based alliance with another postal company.
Read MoreBritish Airways and Iberia, the recently privatised Spanish national airline in which BA holds a nine per cent equity stake, have notified the European competition authorities of their plans to deepen their alliance on short and long haul flights.
Read MoreRoyal PTT Post of the Netherlands, part of TNT Post Groep, today introduced Privver, a personal letterbox on the Internet through which consumers are able to receive important postal items electronically. The first phase of market introduction is a pilot project open to 6,000 active Internet users who will be able to get their post in this way.
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