Wilson Logistics: Partner of Lego
The Gothenhurg (Sweden) based Wilson Logistics Group will be the new partner of the Danish toy manufacturer Lego in the trade between the EU and the Asia Pacific area.
Read MoreYear: 2002
Air cargo industry experience worst economic turbulence since 1970
The world air cargo industry is in its worst slump in more than 30 years, mostly because of ailing Asian and domestic economies rather than from the impact of the terrorist attacks, according to Boeing Co. research.
Read MorePost companies to submit bid for joint venture with Greek Post Office
Deutsche Post of Germany, Netherlands Post Offices (TPG) and La Poste of France have until March 8 to submit binding bids in the part-privatisation of Hellenic Post Offices. The shortlisted companies were asked to submit their proposals on forging a strategic alliance that would be accompanied by a 10 percent holding in Hellenic Post Offices; and the creation of a joint venture in speed deliveries.
Read MorePakistan Post Office earned RS 400 million last year
Federal Secretary for Communications Iftikhar Rashid has said that due to revamping and hard working, the Pakistani Post Office had earned Rs 400 million profit last year.
Read MoreConsignia halts more mail trains in punctuality drive
CONSIGNIA has dropped three nightly mail trains which pass through the disrupted West Coast Mainline between Glasgow and London because they were failing to arrive on time. The mail will travel by road or air instead.
Two of the trains stopped running last Friday, joining the one terminated in December.
Effects of rivalry on The Post Office
From Mr Ian Senior Sir, The Postal Services Commission is right to open up part of the letter business to competiton immediately and to fully liberalise the market by 2006 (report, Business, January 31). Consignia is crying wolf in saying that it faces “death by a thousand cuts”.
Read MoreGermany's RegTP to call for postal service price cuts report
Germany’s post and telecommunications regulator RegTP will call for postage prices in Germany to be lowered following an investigation into price capping.
Read MoreUPS looks to European expansion
UPS, the US parcel delivery group, is looking for acquisitions in the consolidating European market, according to Mike Eskew, its new chairman and chief executive.
“We are going to be opportunistic and strike when we need,” Mr Eskew said in an interview at the World Economic Forum in New York. “We will look for goods, information and funds-type acquisitions.”
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