Target Express has moved to new premises in Leeds to allow room for growth and give staff a more pleasant working environment.
The carrier said the £3.5m (t5m) investment had increased the depot size from 3,000sq metres to 5,500sq metres while maintaining excellent transport links next to the M62.
Express delivery is making inroads into Poland and the Baltic States, with new partnerships, services and investment launched in 2004. Established in Poland, DHL, TNT and UPS have been joined by FedEx, which launched direct flights in August. Industry sources estimate that Poland supports a EUR500m-a-year total express market, including courier business worth EUR270m – EUR280m, and the market is expanding rapidly.
Read MorePaul Murray is standing down as CEO of express delivery company Target after exactly seven years in the role. Chief operating officer Petar Cvetkovic, appointed two-anda-half years ago, will replace him but Murray will stay with the business full-time for a fourmonth handover period. He will continue long-term two days a week as a non-executive director, helping to shape the future strategy of “a company I have so much affection for”.
Read MoreCommunications Minister Noel Dempsey stepped in last night to try to resolve the growing crisis at An Post. Only days after more than 4,000 postal sorters rejected a proposed 5.35pc pay deal in return for cuts in jobs and overtime, the minister met with management and the Communications Workers Union in Dublin. In a pre-Christmas plea, Mr Dempsey urged both sides to work in partnership to overcome their current difficulties and “plan for the future of the company”
Read MorePoczta Polska, (PP) Polish Post Office will go public in 2006. “Making the company public will be highly profitable, however, it will not happen next year. We’re thinking it might happen in 2006,” said PP director general, Tadeusz Bartkowiak on Thursday. He added that the work to transform the firm into a joint stock company was in progress.
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