Belgian state railway SNCB is injecting t250m into its struggling logistics and forwarding unit, ABX Logistics. ABX will not disclose last year ‘s full financial performance until May, but communications director Emile Clemens confirmed to IFW that the group was in the red in 2001.
Read MoreLogistics companies in Belgium are forecasting continued growth, despite flat conditions elsewhere in freight industry.
The biggest Belgian multinational logistics company, ABX Logistics, has recently won a contract with publishing organisation Boek.be which will involve distribution in Belgium. “We have won new international customers in the past year in areas such as healthcare, pharmaceuticals and textiles, which all have Belgian operations,” says a company spokesman. Another speciality is the tailor-made packages the company offers to the white and brown goods industries.
Isabelle Durant. the Belgian minister of transport recently talked to the press about the future of ABX Logistics. a subsidiary of the Belgian state-run rail operation SNCB. According to a report in the Belgian economics weekly newspaper <L’Echo: there is a possibility that the Belgian government might sell off the logistics company.
Read MoreUK – ABX Logistics, a unit of Belgian State Owned NMBS/SNCB planned to aquire the European Freight Division of Nightfreight International Logistics Ltd.
Read MoreThe Belgian carrier group ABX Logistics has unofficially confirmed negotiations concerning the sale of its parcel service.
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