Salvesen CFO resigns
Salvesen CFO resigns
Read MoreYear: 2003
Deutsche Post's U.S. chief will testify in DHL probe
Wolfgang Pordzik, president of Deutsche Post World Net USA, will testify in the ownership probe of the former DHL Airways. The time and place of Pordzik’s testimony has not yet been determined, said Holly Arthur, a spokeswoman for Deutsche Post. The deposition will not be public.
Pordzik had previously agreed to testify, but then reneged after the July 14 sale of the airline to BD Air Partners.
Read MoreUPS wants to sign confidential NVO contracts
United Parcel Service has filed a petition seeking the right to sign confidential contracts for its ocean delivery services, a move that strikes at the heart of the 1998 Ocean Shipping Reform Act. In its petition to the Federal Maritime Commission, which under OSRA has broad authority to review and grant such exemptions, UPS argues that its request for confidential contracting is consistent with the legislative intent of the law.
Under current law, companies that own vessels are permitted to engage in confidential contracting. However, companies like UPS that are classified for the purposes of ocean transport as non-vessel operating common carriers, must make their rate structure known through the publication of tariffs.
Read MoreBusiness Post Group acquires Weavers
Business Post Group plc, one of the UK’s leading express delivery companies, announces the acquisition of Weaver (Four Oaks) Limited, trading as Weaver Pallet Express (‘Weaver’), a Midlands-based express palletised goods delivery business.
On a pro forma basis in the 12 months ended 31 March 2003, Weaver achieved turnover of £16.2m and profit before interest and tax of £1.2m. Weaver’s pro forma debt-free net assets at 31 March 2003 were £2.1m.
Weaver provides a nationwide express pallet delivery service through a partnership network of 70 independent haulage businesses throughout the UK. Run from a national hub at Fradley Park, Lichfield, Weaver handles more than 3,000 pallets a day and is estimated to be the UK’s fourth largest pallet network company. The UK pallet network market is experiencing growth of more than 30% p.a.
Read MoreProposed U.S customs rules could force modernization
The Department of Homeland Security’s Bureau of Customs and Border Protection last week published a proposed regulation that would require carriers to electronically notify customs officials of cargo destined for the United States, hours before it crosses the border. “Advance cargo information is essential to not only preventing instruments of terrorism from being shipped into this country but also to speed the flow of legitimate cargo across our borders,” Homeland Security secretary Tom Ridge said in announcing the proposed rules.
Read MoreFrench parcels firms lobby for fair play
Four major French parcel delivery operators, Gefco, Heppner, Mory and Dachser-owned Graveleau, have set up a lobby group to combat what they consider to be unfair competition in the sector.
Halte – Honorable Association de Transporteurs et Logisticens Europeens) – is headed by former Gefco senior executive Claude Leroi and focuses on public sector firms operating in the private domain, which receive unofficial state aid or subsidies in the event of financial difficulties.
Halte intends to collaborate with its German counterpart, Wettbewerbsverein, in drawing up a policy document.
Read MoreAcquisition of express pallet network
Acquisition of express pallet network
Read MoreUK Royal Mail trains to stop early
Royal Mail is to stop transporting post by rail in Scotland six months earlier than planned in a bid to cut costs.
The final batch will be carried on September 30 before all deliveries are switched to the roads.
The move which could mean up to 160,000 lorry journeys a year – ends a tradition spanning more than 100 years and puts 50 jobs at a freight depot in Motherwell, Lanark-shire, in jeopardy.
Post chiefs planned to stop using trains next April but are bringing the shake-up forward.
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