Tag: Europe

TNT Express acquires Slovenian domestic express distribution company ‘Door-to-Door’

TNT Express today announced that it has acquired ‘Door-to-Door’, Slovenia’s leading domestic transport company. While TNT has operated in Slovenia through a local agent since 1994, the acquisition of what is the company’s strongest partner in the country now confirms TNT’s position as the leading express delivery company in Eastern Europe.
Jack Hereijgers, General Manager East European Associates, TNT Express commented: “We are extremely pleased about this acquisition as ‘Door-to-Door’ is a respected and professional leader in domestic express distribution with similar values to TNT. It will provide us with a solid foundation from which to develop and grow our domestic and international businesses.”

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Swiss Die Post to exercise option for stake in Liechtensteinische Post

Switzerland’s postal operator Die Post wants to exercise its option for a 25 pct stake of its Liechtenstein counterpart Liechtensteinische Post AG, the Liechtenstein Press Office said on June 7, 2005. The Liechtenstein Government has given a green light to the deal and Liechtensteinische Post is to decide on the matter in mid-June. The two postal carriers have agreed not to disclose details on the deal until then. Liechtensteinische Post did not comment on the price of the deal, but Die Post’s Daniel Mollet said it was a “single-digit sum in millions”.

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Business Post Chief Executive predicts UK Royal Mail will have 80% market share

Paul Carvell, Chief Executive of Business Post Group plc, has predicted that, following liberalisation of the postal market, Royal Mail will retain a profitable 80% share of the UK market. Mr Carvell said that the 20% which the Royal Mail would lose would fall into two categories. Some 15% would probably be shared by four competitors which would provide a nationwide service, and a further 5% would go to city centre specialist deliverers. Speaking today at The Logistics Event conference on the subject of “Competing for the Post”, he said that the UK domestic mail market was worth GBP5.8 billion per year, while the international market was worth a further GBP0.8 billion. Since Business Post had moved its first letter in May 2004, the company had now moved more than one hundred million letters.

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Irish postal unions reject offer to lift freeze on wage increase

An Post has agreed to lift a pay freeze and pay part of the national wage deal to its workers – but the four postal unions have rejected the proposed compromise. After 18 months of growing bitterness, union chiefs cannot persuade their members and post office pensioners to settle for a partial increase.
Both sides were at the Labour Relations Commission (LRC) yesterday to give their responses to a suggestion by two independent assessors that the company, which had pleaded inability to pay, increase wages by 5pc. The full Sustaining Progress pay deal is worth over 13pc cumulative and the 8.1pc balance would be subject to “cost off-setting measures”. As their report is not binding, the issue can now be referred on to the Labour Court. The assessors had recommended the 5pc payment but only back-dated to last January.

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Palletline enters alliance with Hazchem Network

Palletline has entered into a strategic alliance with the Hazchem Network. This will enable its members to remain at the forefront of the industry by joining the first system dedicated exclusively to the distribution of palletised ADR.

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