Tag: Courier/Express/Parcels

Deutsche Post unaware of reported US regulatory clearance for Exel deal

Posted by | Nov 15, 2005 | |

Deutsche Post AG said it is unaware of a reported decision by the US antitrust authorities to clear its proposed acquisition of UK logistics group Exel PLC.
The US Federal Trade Commission said in a notice posted on its website yesterday that US antitrust authorities had closed their review of the transaction without taking any action to block the deal, according to a news agency report. A spokesman for Deutsche Post said it expects to hear of the US antitrust decision in due course, but that it has not yet received any formal notification.

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TNT unveils USD 2.5 million Gulf expansion

Posted by | Nov 15, 2005 | |

TNT Express has unveiled a USD 2.5 million expansion to enhance and expand its Gulf-wide ground infrastructure. The company is to open new road hubs in the UAE, Bahrain and Saudi next year as well as an additional trucking facility in Kuwait. This latest investment is a direct response to TNT’s rapid regional growth as the company focuses on improving its penetration across Gulf markets over the next five years. ‘Our non-document and road products are growing at 40% each year and have significantly contributed to annual revenue growth of over 30%. It is widely anticipated that these growth rates will prevail for another three to four years,’ said Mark Pell, TNT’s Managing Director, Gulf.

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DHL to build largest US on-airport service center in Charlotte, N.C.

Posted by | Nov 15, 2005 | |

DHL today announced plans to build its largest US on-airport service center facility at the Charlotte Douglas International Airport in North Carolina. DHL expects to invest USD6 million in the development of the new facility, consolidating four Charlotte, N.C.-area facilities into a single service center location. The new 80,200-sq.-ft. facility will serve the Charlotte, N.C. and surrounding areas, including Morrisville, Concord, Kings Mountain and Salisbury, as well as parts of South Carolina. The new facility will enhance the efficiencies of the Southeast operation and improve service delivery times as well as provide a later pickup service offering for customers in the area.

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DHL set to invest USD70 mln in Incheon Airport

Posted by | Nov 15, 2005 | |

DHL is considering investing USD70 million to build a cargo terminal and warehouse at Incheon International Airport, the main gateway to South Korea, government officials said Tuesday. DHL’s chief executive Frank Appel will deliver such an investment offer to Minister Choo Byung-jik on Wednesday, according to the officials at the Ministry of Construction and Transportation.
DHL’s holding company Deutsche Post World Net is set to invest USD20 million for its cargo terminal and USD50 million for its air cargo warehouse at the airport, the officials said.

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John Hogan new CEO for Hagemeyer UK

Posted by | Nov 15, 2005 | |

Hagemeyer is pleased to announce that John Hogan (44) has been recruited as the new CEO for Hagemeyer UK and Ireland. His mission is to complete the Hagemeyer UK turnaround and realise the growth potential of the Hagemeyer UK business. His appointment as CEO of Hagemeyer UK and Ireland and as a member of the Hagemeyer PPS Executive Committee will take effect from 21 November 2005.
John Hogan is an experienced chief executive with an impressive track record in international parcel, freight and logistics businesses.

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