Fedex Corp said it has opened a branch in Ningbo in eastern China to serve customers in the Yangtze River Delta. Fedex said the 2,300 square meter branch can process 1,200 pieces of freight per hour. The company said it will also set up another new branch in Hangzhou before the year end. Fedex now has 13 China branches, including Ningbo, providing services to more than 200 cities.
Read MoreParcel2Go, which wholesales parcel services over the web, plans an aggressive sales campaign to win traffic from carriers. And it’s keen to gain contracts from transport and distribution firms, provided they have at least ten parcels a day to ship from their depot.
Read MoreDepuy UK, a provider of orthopaedic equipment and part of Johnson & Johnson has made Target Express its sole carrier for UK deliveries. Target has been building its share of Depuy work over five years.
Read MoreJapan Post is in final talks to buy Asocia Corp, a delivery company affiliated with department store operator Daimaru Inc, in a bid to strengthen its services in areas where it competes with private-sector firms, the Asahi Shimbun reported Wednesday. The national daily said the move would be Japan Post’s first acquisition of a company and that the public corporation is considering acquiring or forming a capital tie-up with more than one delivery company.
Read MorePolish courier services provider Masterlink Express, controlled by the French postal services company GeoPost, reported a 62 mln Polish zloty (USD19 mln/15.4 mln euro) revenue for the first half of 2005, up 45 pct year-on-year, the company said. The number of parcels handled by the company grew 35 pct year-on-year from January to June 2005, the company added. The company plans to continue to expand its offices network across the country and to complete the second stage of the construction of its parcel-sorting centre in Lucmierz near lodz, in central Poland, in the second half of 2005.
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