Tag: Europe

Parceline to invest GBP20m in new sites

Posted by | May 19, 2005 | |

GeoPost UK Chief Executive Kay Phillips revealed this week that Parceline is investing GBP20m in adding six new sites to its network. Chelmsford and Newcastle are site upgrades and Gloucester, Maidstone, Preston and Warrington will be purpose built. Parceline will increase its depot square footage by 50% by 2007. In addition, the carrier has committed to build a second UK hub at an expected cost of GBP33m and capacity of 250-300,000 parcels per night; a further GBP12m will be spend to replace its hub in Ireland.

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The wrong way to privatise the post: UK Royal Mail needs a sell-off – but on the right terms

Posted by | May 19, 2005 | |

Congratulations to Allan Leighton and the rest of the management team at Royal Mail for turning a deficit of Pounds 318m four years ago into a Pounds 537m surplus last year. They also deserve praise for paying a Pounds 1,074 bonus to the group’s staff – a sensible reward for their co-operation with a remarkable transformation. The next step must now be to take Royal Mail into the private sector, but Mr Leighton’s ingenious strategy for winning government backing risks an imperfect privatisation.

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UK Postcomm proposes new licensing arrangements for postal operators

Posted by | May 19, 2005 | |

Postcomm today set out its detailed proposals for the licensing arrangements for postal operators in the fully liberalised postal market. From 1 January 2006, the UK postal services market will be fully open to competition and the aim of these new licensing arrangements is to encourage new operators, while ensuring that customers can continue to have confidence in the market. Under Postcomm’s proposals, the new licence would be issued for a minimum of seven years, require each licensee to provide information about its own performance, so that customers can make informed choices between different services and different operators, require licence holders to set up systems to handle customer complaints and require licensees to provide financial guarantees, or to have a contract with another licensee, so that customers would be protected if their own provider went out of business, with mail on hand.

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GLS: positive full-year results and new strategy for the next five years

Posted by | May 19, 2005 | |

General Logistics Systems BV, Amsterdam (GLS) has started the financial year 2005/6 with positive results and a development strategy for the next five years. “By 2010, GLS’ revenues will rise by over 30 percent to 1.7 billion euros”, announced Rico Back, Chief Executive Officer of General Logistics Systems BV, Amsterdam. “We will use this cash to achieve our strategic goals and free the entire group from debt.” GLS’ planned investments sum up to around 300 million euros during the next five years.

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Fortec Pallet Distribution Network reports influx of business

Posted by | May 19, 2005 | |

Fortec Pallet Distribution Network has reported an influx of business from a mixture of manufacturers, importers, retailers and distributors in the print and stationery sectors. The freight delivery firm said that these are a mixture of businesses looking to expand, which previously have been held back by lack of transport or economic factors.

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