Target Express has moved to new premises in Leeds to allow room for growth and give staff a more pleasant working environment.
The carrier said the £3.5m (t5m) investment had increased the depot size from 3,000sq metres to 5,500sq metres while maintaining excellent transport links next to the M62.
Express delivery is making inroads into Poland and the Baltic States, with new partnerships, services and investment launched in 2004. Established in Poland, DHL, TNT and UPS have been joined by FedEx, which launched direct flights in August. Industry sources estimate that Poland supports a EUR500m-a-year total express market, including courier business worth EUR270m – EUR280m, and the market is expanding rapidly.
Read MorePaul Murray is standing down as CEO of express delivery company Target after exactly seven years in the role. Chief operating officer Petar Cvetkovic, appointed two-anda-half years ago, will replace him but Murray will stay with the business full-time for a fourmonth handover period. He will continue long-term two days a week as a non-executive director, helping to shape the future strategy of “a company I have so much affection for”.
Read MoreDeutsche Post World Net AG’s express mail courier DHL said it has agreed to launch a 50/50 joint venture with New Zealand’s NZ Post.
German newspaper Die Welt reported at the end of November that the two groups were close to agreeing a joint venture.
The company gave little detail about the operations of the new venture but did suggest it will compete in the New Zealand-Australian express mail market by giving a figure for the sales potential of this market of about 185 mln aud per year.
Read MoreNew Zealand Post and the international freight firm DHL have formed a joint venture which they say will offer far better service to burgeoning markets such as South East Asia, China, Japan and India. The 50/50 joint venture is for the express and logistics business of New Zealand Post’s Express Couriers Ltd, which includes the brands CourierPost, Pace!, Skyroad and Contract Logistics, and road and air line haul operations. New Zealand Post Chief Executive, John Allen said working with DHL would allow them to offer a more comprehensive service to New Zealand businesses in the local and international markets. He said the new operation could offer a service which was uniquely attractive to New Zealand businesses.
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