Exel, the world leader in supply chain management,
announced today that it has recently acquired 100% of All Cargo Logistics (”
ACL”), a leading Austrian air freight forwarder. It is expected that the
acquisition will be earnings enhancing, before goodwill amortisation, in 2002.
Audited net assets at 31st December 2000 were #0.4m.
SAS Year-End report (2001)
Read MoreEconomic recession has hit the air express market in Poland and led to an unexpected surge in road haulage services. “Due to the economic downturn, companies are cuthng costs and air express is now seen as an expensive option,” says Ian Cummings, director of DHL Poland. “We have seen heavier weight shipments of between 50 to 100kg moving from air to road.”
Read MoreCNF Inc. said its grounded Emery Worldwide Airlines subsidiary won’t resume operations and announced plans to combine Emery Worldwide, Menlo Logistics and Vector SCM operations into a single logistics and transportation business.
Read MoreDHL International’s Dublin Airport gateway is to be extended, to permit wider use of automated processes, thus enabling the facility to handle the greater throughput DHL is forecasting.
Two months ago, the company opened a courier base on the north side of Dublin and intends expanding its depot on the city’s Western Industrial Estate. Its base in the city centre handles mainly documents and small packages.
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.
