According to industry rumours, the Brussels based global company ABX Logistics International Group is thinking of selling its current parcel post activities to the Belgian Post of to General Parcel, which is two-third owned by the British Post.
Read MoreMay 2001 – Consignia purchased 25.1% of the General Parcel agent in the Czech Republic from its German owner. The consideration was reported to be £1m.
Read MoreEuropean Court of Justice, ruling in appeal by Poste Italiane against TNT Traco unit of TNT Post Group (Netherlands), finds a state postal service has the right to collect fees from an express-mail company delivering mail in the state service’s territory (S)
WALL STREET JOURNAL, 18th May 2001
THE Red Star rail-based express parcel delivery firm is to close with the loss of 260 jobs.
Read MoreThe Shanghai Courier Service Corp., which operates under the Shanghai Postal Bureau, will officially merge the bureau’s telegraph-delivery, city express-delivery and express-mail networks in June to become the first city express-delivery company in the postal sector nationwide
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