Consignia’s deteriorating financial position left Postcomm with a dilemma. It could introduce competition slowly to allow managers to prepare by improving efficiency or it could speed up the process to give consumers more immediate alternatives if the historic problems of the Post Office proved intractable.
Read More7 January 2002 Consignia has acquired the remaining 51% shareholding in Italian parcel group Direzione Gruppo Executive for GBP10m.
Read More11th January 2002 Posten Norge has acquired the remaining 20 per cent of the Shares in Transport Systems International (TSI), the Swedish postal and transportation company.
Read MoreExel has opened a 190,000 sq ft site at Marston Gate in Befordshire to handle the growing volume of traffic for Argos Direct, the retailer’s home delivery business, following an extension to its contract.
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