Tag: Azkar

Azkar continues to expand in Spain

The Spanish express and freight company Azkar has continued its expansion in Spain by opening three new distribution centres in Toledo and Jaén provinces.

The two Toledo centres, located on plots of 8,000 sqm (3,348 sqm constructed) and 2,028 sqm (1,962 sqm constructed) will be staffed by 55 people with 25 vehicles, and are located on the Mariola industrial estate in Huecas and at Talavera de la Reina, respectively.

Azkar has also built a 1,052 sqm facility on the Los Olivares industrial estate in the Andalusian city of Jaén, where 28 employees will work with six pick-up and delivery vehicles.

The logistics operator has been expanding rapidly over the past five years, investing EUR 175 million modernising and automating infrastructure and fleet. It has invested nearly EUR 40 million since the beginning of 2006, including opening new platforms near Bilbao and Zaragoza to improve distribution across the Iberian peninsula and connections with the rest of Europe. It also bought Barcelona-based freight forwarder Boss Continental earlier this year.

Azkar now has around 90 installations in Spain and Portugal on over 1.1 million sqm of land (over 640,000 sqm of warehouses and offices), employs 5,000 workers and has a fleet of more than 2,200 vehicles. It is a member of the EuroExpress urgent package delivery network and has an office in Shanghai.

Read More

Road express revenues break EUR 2bn in Spain

Overall road freight revenues in Spain grew 7.6% last year to EUR 16.9 billion, with road express taking an increasing share of the market in line with the European trend, according to a new study by Madrid-based market researchers DBK.

Road express revenues have risen to over EUR 2 billion and now represent around 13% of total road freight income, up from 12.3% in 2004, DBK’s data indicates. The growth is a result of growing demand and rising tariffs.

The research, which looked at the 2004-2006 period, found that road express revenues were growing at a greater rate than the road freight market as a whole, reaching over EUR 2 billion in 2005 (+8.6%) and EUR 2.2 billion (based on the 2006 growth forecast for the Spanish express industry) last year, amounting to one-third of all express sector revenue in the country.

Read More

Spanish parcels carrier Azkar extends national network

Azkar, one of Spain’s leading parcels and freight transport operators, has extended its nationwide network with the opening of two new distribution centres.

The company has strengthened its presence in the Basque region with a new distribution centre at Zubieta, near to Lasarte (Guipúzcoa). Substantially larger than its previous site in the area, the new facility covers 10,550 sqm on a plot of land covering 30,034 sqm.

Azkar said it has invested euro2.6 million in building and fitting out the warehouse, which has 89 docking bays, 38 for heavy vehicles and another 51 for local collection and delivery vehicles. The new centre is also fitted out with modern sorting systems and has capacity to handle more than 7,500 packages per hour. There are 2,600 pallet positions for logistics activities.

Read More

Transportes Azkar targets 8 pct sales, EBITDA growth in 2005 vs 2004

Transportes Azkar SA said it is targeting sales and EBITDA to grow 8 pct in 2005 from 2004, when sales rose 12 pct to 315 mln eur from a year earlier on an 8.39 pct rise in EBITDA to 43 mln eur.

In a presentation, the logistics group said it expects 2005 pretax profit to grow 15 pct compared to previous forecasts for 12-14 pct growth, while increasing its investments forecasts for this year to 25 mln eur from the previous 15-20 mln eur earmarked.

In a separate statement, Azkar said net profit fell to 16.6 mln eur in the full year to Dec 31 from 18.5 mln a year earlier, due to 1.36 mln eur less of one time gains booked in 2004.

Read More

Azkar raises FY 2004 sales growth target to 12-13 pct vs previous 10

Transportes Azkar SA said it has raised its full-year 2004 sales growth target to 12-13 pct from 10 pct previously. In a presentation to analysts, Azkar also said it has increased its full-year investment target to 25-30 mln eur from 20-25 mln previously. It reiterated its EBITDA growth target of 12-14 pct, noting that pretax profit growth is expected to decline 2-5 pct, mainly due to the absence of one-time gains compared with 2003. The company also reiterated its 8 pct growth target for routes.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

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