Tag: Courier/Express/Parcels

Deutsche Post’s DHL’s 2004 losses in US well below 500 mln eur

Deutsche Post World Net AG’s DHL will post full-year 2004 losses in the US ‘significantly below’ 500 mln eur, Focus magazine said in an article to be published tomorrow, citing sources close to the management. Last September, Deutsche Post said the US losses could widen ‘to as much as 500 mln eur’ from the 300 mln initially planned. Focus also reported that the express mail courier wants to expand its private customer business in the US, and that it hopes to double the private package volume to 32,000 per year.

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Transportes Azkar new logistics platform

Spanish transport and distribution company Transportes Azkar SA, opened a 3.5 mln euro logistics platform in Castellon, eastern Spain, the company said on January 24, 2005.

The platform has an area of 4,128 sq m.

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Colombia DHL revenue op 21 pct Y/Y 2004

The sales of the Colombian unit of global carrier and package delivery company DHL Express increased 20.74 pct year-on-year in 2004, it was reported on January 24, 2005. Higher revenue was driven up by the growth of the cargo, transported by the company in 2004, which rose to 5.1 million kg in 2004 from 3.5 million kg in 2003. The parcels, transported by DHL Colombia unit, grew 15 pct year-on-year in 2004.

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ABX sells loss-making arm to MD

ABX Logistics has agreed to sell its French domestic parcel delivery business to its current MD, Jackques Caille. A company officeial told IFW that ABX Logistics France, which has been the focus of restructuring plans over the past 18 months or so under Cailles leadership, was still making losses but declined to comment on the scale of its financial difficulties.

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Nightspeed invests GBP 1 mil in new trucks

Nightspeed Secure Worldwide Express has delivered its own GBP 1 million investment in giant new trucks.

The Tipton-based group splashed out on 16 specialised double-deck trailers – one of the biggest double deck fleet upgrades seen in the industry this year.

Bosses said the move would improve reliability and efficiency of the crucial overnight trunking operation. Managing director Ian Pickford, said: ‘The investment in these double-deck units comes after a range of other key investments throughout the year in both the trunking and collection and delivery fleet.’

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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.

 

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