Tag: Europe

ICM Logistik AB sells remaining DHL contracts to Tornfrakt AB

Posted by | Jul 26, 2006 | |

The Swedish logistics services provider ICM Logistik AB said on Wednesday (26 July) that it has signed a preliminary agreement to sell its remaining distribution assignments from DHL Express to Tornfrakt AB.

The proposed transaction means that Tornfrakt will take over four vehicles and four employees from ICM Logistik.

The financial details of the transaction were not disclosed, but ICM Logistik said that the assignments represent an annual turnover of approximately SEK4m.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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Swiss Post acquires majority in German GHP

Posted by | Jul 26, 2006 | |

Swiss Post has bought a majority in German direct marketing and customer management company GHP Holding GmbH, Swiss Post said on July 25, 2006.

Swiss Post has acquired two-thirds in GHP, but has the option to fully take over the German company by the end of 2008.

The purchase price is in the two-digit million euro range.

According to analysts’ estimates, the deal price corresponds to between 11 pct and 15 pct of GHP turnover, or between 30 mln euro (USD37.7 mln) and 40 mln euro (USD50.3 mln). Swiss Post did not comment that.

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French logistics group Geodis with strong H1 results

Posted by | Jul 26, 2006 | |

Geodis increased revenue by 7.3% (6.1% on a comparable, like-for-like basis excluding changes in exchange rates) despite an unfavourable business calendar (two fewer business days in France).

Total revenue for the first half of 2006 increased to €1,887 million from €1,759 million for the same period last year. From this €1,316.9 million was generated in France, €526.8 million in the rest of Europe and €114.7 million in Asia & the rest of the world. Asia saw the strongest increase with a growth rate of more than 35 %.

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BT lets data flow for German postal Service

Posted by | Jul 25, 2006 | |

BT has announced today that the company has won a contract from the German postal service (Deutsche Post AG) to implement and operate a nationwide data network. Under the terms of this contract, BT will ensure the smooth data exchange between 84 national and international mail distribution centres and the service department in Darmstadt.

BT is to develop a “machine WAN” (Wide Area Network) for Deutsche Post, providing communication between the IT systems at the various locations, using state-of-the-art network technology based on the MPLS standard.

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Could a first-class disaster soon wipe the smile off this postmaster's face? Post offices have provided key services for years, but with the industry in crisis we may just have to learn to live without them.

Posted by | Jul 25, 2006 | |

How much is a community worth? That is the decision confronting MPs and MSPs in a few weeks, as the nation wakes up to the fact that more than 10,000 post offices, including more than 1100 in Scotland, are now under real threat of closure.

Post Office chiefs told MPs last week that only 4000 offices out of 14,400 were viable, while losses had doubled from GBP2m to GBP4m a week directly due to loss of government business. In September, an obligation to stop avoidable closures runs out, and the government is due to give notice on what in 18 months will replace a GBP3m-a-week subsidy for “rural” offices – serving communities of up to 10,000 people each. A petition calling on the government to save the network last week reached two million signatures.

Postwatch, the independent watchdog, says it has been expecting government consultation to begin since last December, but it has been “repeatedly delayed and will not now take place in time to inform the decision on future funding”. In May the government said John Prescott would chair a cabinet committee on the Post Office. It is at last to meet for the first time this week, just as MPs head off for their 11-week summer break.

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