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 MoreMEMPHIS, 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.
A federal judge ordered top executives of Deutsche Post and DHL Worldwide Express to testify in a dispute over cargo carrier DHL Airways Inc.
The Wall Street Journal reported that the ruling by Ronnie Yoder, the Department of Transportation’s chief administrative law judge, is a win for FedEx Corp. and United Parcel Services Inc.
Read MoreAt the AGM today of Business Post, one of the UK’s leading express delivery companies, the Chairman, Peter Kane, issued the following update on current trading and prospects. “In the preliminary announcement of results for the year ended 31 March 2003, on 20 May 2003, I said that trading in the first seven weeks of the new financial year had been encouraging. Today, I am pleased to confirm that trading remains in line with management’s expectations. It is also a pleasure to announce two important new customer wins in the high-tech sector. Firstly HomeServe, the Group’s UK business-to-consumer parcel service which provides a high quality next day service to residential addresses, has secured a contract with Walsh Western International, the Dublin-based logistics supplier to the high-tech industry. In addition, Express, the Group’s UK business-to-business parcel service, has won a three year agreement with Computacenter (UK) Ltd, one of Europe’s leading independent providers of IT infrastructure services.
Read MoreGeoPost UK is one of the UK’s most successful parcel carriers and owner and operator of Interlink and Parceline in the UK. With over 50 million deliveries a year, reliable technology is a key factor in the smooth running of the business at GeoPost. While GeoPost already had a parcel management system in which delivery drivers used handheld computers, its existing system had reached the end of its useful life. A review of current technology suggested it could help to radically improve speed and ease of operation throughout the business. GeoPost and its Parceline subsidiary looked to Intermec Technologies and introduced 2,750 of its 700 Series hand-held computers, including the latest 700 Color machines, which offer both GSM and GPRS mobile connections. Intermec were the only company to provide a one stop shop for a total automatic identification data capture solution. And they were the only company able to meet all of GeoPost’s requirements.
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