Nightfreight has strengthened its management teams following its GBP2.4m (EUR3.6m) investment programme. Tim Redburn has joined as chairman, Peter May, who is the existing regional director for Scotland and the north, becomes acting MD of the IDW network and Peter Louden is the new operations director.
Read MoreA new postcode system for Ireland, which the government hopes to introduce in the next three years, cannot come too soon, says David Canavan, MD operations and global trade services, northern Europe, FedEx. Every address in Ireland will have a postcode of numbers or a combination of numbers and letters. This will make time-definite deliveries easier, in a country where traffic congestion is an escalating problem and a challenge for express operators in particular. As chairman of the Irish Association of International Express Carriers, which comprises the four major integrators FedEx, TNT, DHL and UPS, Canavan recently met communications minister Noel Dempsey, who is firmly behind the plan. “We [the association] are being consulted on the postcode issue and have until the beginning of next year to produce a recommendation.
Read MoreDeutsche Post AG’s agreed 5.5 bln eur (3.7 bln stg) cash and shares takeover of Exel PLC could be scuppered by rival bids, with American giants United Parcel Service Inc and/or Fedex Corp tipped to spoil the party. Although both Deutsche Post and Exel have agreed a 37.4 mln stg penalty if either side walks away from the recommended offer, the UK group’s board, led by chairman Nigel Rich, has a fiduciary duty to consider any other offers. The German group’s recommended bid is pitched at 12.44 stg a share – 9.0 stg (some 73 pct) in cash with the balance in Deutsche Post shares. Some analysts believe the equity element to the offer could be the deal’s Achilles heel. ‘Despite a mix-and-match agreement potentially watering down the share element for some Exel shareholders, we suspect this will be unpopular and leave the door open to a cash offer from UPS,’ said Alastair Gunn, analyst at Arbuthnot. He reckons major shareholders will likely sit tight until the intentions of UPS, which has reportedly appointed Goldman Sachs to look into the logic of a counter offer, are better known.
Read MoreFedex Corp said it has opened five additional branches in China’s southern province of Guangdong to further expand its service network in the country. The company said in a statement that the new branches are located in Zhongshan, Foshan, Huizhou, Zhuhai and Jiangmen. Fedex did not provide details on each branch’s operations. The express service provider now has 18 branches in China, including the five new branches, with service to over 200 cities across the country.
Read MoreDutch parcel delivery company General Logistics Systems Belgium N.V. (GLS) has opened its 50th parcel office in Austria, the company said on September 16, 2005.
A total 450 more offices are planned, 40 of them in the short-term. Of the 50 offices 30 are integrated in retail chains and the remaining 10 are in GLS depots.
The company is assessing the possibility of opening offices in filling stations.
Read More
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.
