Tag: Europe

TNT Express invests EUR 14 million in Duiven International road hub

Posted by | Mar 3, 2005 | |

TNT Express has today announced a EUR 14.3 million investment plan to expand capacity and upgrade facilities at its European road hub in Duiven, the Netherlands. The planned expansion – to be completed by October 2005 – follows a significant increase in volumes since the hub first started operating in 1998. It will create around 100 new jobs over the next five years and clearly confirms the company’s commitment to the local area and to the development of its most important international road hub which handles 126,000 consignments and 5,700 tonnes of freight weekly.

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Norwegian postal monopoly ends in two years

Posted by | Mar 3, 2005 | |

In two years the Norwegian Postal Service (Posten) will no longer have monopoly on the distribution of letters in Norway. There is a majority in Parliament in favour of a Government proposal to end the monopoly by 2007. The Government states that it is important to maintain a high degree of service, and stipulates that mail shall be distributed six days a week, the same as today.
Also, there must be a unified nationwide postage for letters.

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UK Mail contract with The Royal Bank of Scotland Group for upstream mail services

Posted by | Mar 3, 2005 | |

Business Post announces that, following a tender process, its business unit UK Mail has contracted to provide upstream mail services to The Royal Bank of Scotland Group, one of the UK’s largest mailers. Collections will commence today. Upstream mail services comprise the collection and national distribution of mail (with associated management information and IT) for next day delivery to Royal Mail, for local sorting and final delivery.

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Fortec grows in packaging

Posted by | Mar 3, 2005 | |

FORTEC Pallet Distribution Network, a leading next-day palletised freight delivery organisation, reports an influx of new business from manufacturers, importers, retailers and distributors in the packaging sector.

These are businesses looking to expand their customer base by providing low-cost guaranteed next-day deliveries nationwide, but held back by lack of transport or economic resources.

Says Alan Cramley, Fortec Pallet’s network development director: “A lot of small and medium sized businesses in the packaging sector are becoming aware that they could expand their customer base overnight by utilising the resources of the Fortec Pallet Network through its nearly 60 licensees located around the country.”

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Company acquisitions and steady volume growth contribute to net turnover for Finland Post

Posted by | Mar 2, 2005 | |

Finland Post Group’s consolidated net turnover for 2004 rose to EUR 1,235.2 million, or by 8 per cent on a year earlier, stemming from company acquisitions in 2003 and 2004 and growth in delivery volumes. Consolidated operating profit climbed to EUR 95.2 million, up 29 per cent year on year, accounting for 7.7 per cent (6.4 per cent) of consolidated net turnover. Operating profit rose by EUR 15.6 million, or 22.1 per cent, if non-recurring items are taken into account. This improvement was a result of cost-efficiency gains achieved in production and Group functions. Profit for the financial year totalled EUR 69.6 million (EUR 46.8 million).

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