Year: 2003

'London needs rail freight interchanges'

Rail freight interchanges (RFIs) still have a future in London, despite last year’s rejection of the London Internal Freight Exchange (Life) proposal.
The SRA is producing a policy framework to promote RFIs and reassure developers who may be wary after planners killed off the west London Life project in August.
Speaking at the Life after Life conference last week, Jeff Miles, the SRA’s head of freight market development, emphasised that the decision “did not set a precedent”.
The government was behind rail freight, and appropriate projects could still go ahead, he said.

Read More

U.S. investment group acquire DHL Airways

Chairman and Chief Executive Officer John Dasburg and a U.S. investor group have completed the acquisition of DHL Airways, the cargo charter airline announced today. The completion of this transaction solidifies the airline’s U.S. ownership, control and management.

The other members of the Dasburg-led investment group are Richard C. Blum, Chairman of San Francisco-based Blum Capital Partners, L.P., a leading private equity firm, and Michael R. Klein, a Washington, D.C. business executive and lawyer who is co-founder and Chairman of the Board of Directors of CoStar Group, Inc. ASTAR Air Cargo will remain a privately held company.

Read More

Nightfreight finds a niche it can nurture

“Ugly” is turning beautiful for Nightfreight.

The company reported a turnover of £98.2m in the year to 30 November, an increase of 9.9%, if the 41-week figures for the previous year are extrapolated back before its management buyout.

Read More

Fast forward for EWS Parcels services in UK

UK freight train operator EWS is pushing ahead with investment in 125mph rolling stock for new parcels services, writes Roger Hailey.

The decision comes just weeks after leading customer Royal Mail announced a strategic switch from rail to road for its overnight letter trunking.

Read More

FedEx Corp. Announces Stock Repurchase Program

MEMPHIS, Tenn., Sep 24, 2001 (BUSINESS WIRE) — FedEx Corporation (NYSE: FDX)
today announced that its Board of Directors has authorized management to
repurchase, within its discretion, up to 5 million shares of the company’s
common stock. The company said purchases may be made in the open market and in negotiated or
block transactions. FedEx currently has 298 million shares outstanding.

Read More

Commission moves against Member States for failure to implement EU legislation

The European Commission has decided to pursue infringement procedures against thirteen Member States for failure to implement or for implementing incorrectly in national law various Internal Market Directives and EC Treaty obligations. The Commission is sending reasoned opinions to Austria, France and Greece for failing to implement the Second Postal Directive (2002/39/EC) by the agreed date of 31 December 2002. In January 2003, the Commission sent letters of formal notice the first stage of the infringement procedure – to the eight Member States that had not implemented the Directive by the agreed date. Since then, five Member States (Denmark, Spain, Ireland, Luxembourg and Portugal) have notified the Commission that they have written the Directive into national law. Austria, France and Greece have also begun the implementation process and Austria and France have introduced some administrative measures to partially remedy the effects of the delay. Given that this delay is already over six months, the Commission will continue the formal infringement procedures against Austria, France and Greece to help ensure that any further delay is minimised.

Read More

Nigerian Netpost begins internet banking

The newly incorporated NETPOST is to commence financial transactions such as E-banking /Internet banking, money transfers as well as offer basic computer/information technology training at its major centres across the country.

NETPOST is a joint venture company between Nigerian Postal Service (NIPOST), DVI Nigeria Limited (a subsidiary of Development Ventures International, USA) and ABG Nigeria Limited.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest