Parcels delivery firm GeoPost UK, the British subsidiary of state-owned French postal operator La Poste, is targetting growth of at least 10 percent a year, the unit’s ceo Colin Millbanks said on Thursday. ‘We expect Interlink volume to be up 10 percent by the end of the year,’ he told a news conference
Read MoreSecuricor, the security, distribution and communications group, confirmed on Thursday that it was in advanced talks to sell its US wireless communications business for about $36m (£25.3m). The group also confirmed that Roger Wiggs, chief executive, will retire at the end of December, to be succeeded by Nick Buckles, chief executive of the security division. The sale of the US wireless business and the management change is likely to be interpreted as the start of a restructuring aimed at focusing the group on its core security division.
Read MoreLink up for delivery in southern Europe
Read MoreConsignia has expanded its presence in the Danish distribution market by acquiring a majority share holding in Stafetten, an express courier company providing specialised delivery services to Danish business customers, it was announced today.
Read MoreTNT Logistics has come an agreement with the Brazilian airline TAM, one of the country’s leading airfreight carriers. This cooperation will offer a broad range of logistics services to manufacturers that have production lines in Brazil, with TAM taking care of airfreight and cargo distribution and TNT of warehousing and road haulage.
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