Tag: Europe

FedEx to support growth in Catalonia with Airbus 310 flights

Posted by | Oct 16, 2008 | |

FedEx Express has incorporated an Airbus 310 into its Spanish fleet, operating between Barcelona and Paris four days per week.
The new Airbus 310 replaces two feeder flights that previously operated to Paris’ Charles de Gaulle airport and increases capacity by up to 25 tons.
The flights, which have been operational since Sept. 15, reduce the transit time of heavy shipments using the International Priority Freight service by up to a day from more than 119 postal codes in Spain.
FedEx Express investment in Barcelona is the result of business growth in the region.
The Catalonian region is a major driving force behind business growth in Spain and an important gateway to Europe and the rest of the world, thanks to its key geographical location.

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British courier CitySprint makes regional acquisition

Posted by | Oct 16, 2008 | |

CitySprint has acquired Birmingham-based courier company PBS Deliveries for an undisclosed sum to expand its national network whilst further strengthening its established Midlands operations.

CitySprint, with 31 locations and a fleet of over 1,500 couriers, said that despite the current economic turmoil it is continuing its successful growth strategy of focussing on organic expansion and strategic add-on acquisitions to maintain its strong foothold and grow its market share.

The company has taken over PBS’s city centre location and will retain its staff as well as its 25 self-employed couriers. PBS owner and founder Kris Mazumder will remain at CitySprint as Logistics Manager, managing the Birmingham business.

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TNT trading statement

Posted by | Oct 16, 2008 | |

Trading conditions in TNT’s European Express business have significantly worsened in September and, based on the volume patterns in the first two weeks of October, TNT expects this pressure to continue in the fourth quarter.
Within a context of severe global volatility in financial markets, the recessionary trend in the economy in Europe has accelerated, causing the volumes in the premium International Express (air) product to decrease around 10pct. The Economy Express volumes (road) have continued to grow albeit well below levels of 2007.
In the Express Emerging platforms the growth and margins continued to develop in line with our outlook.
TNT’s Mail business is also developing according to the outlook, producing a robust operating income and cash flow for 2008.
TNT was able to refinance its capital requirements in August, ahead of the deepening of the financial crisis in September/October. Combined with the strong cash flow, this puts TNT on a solid financial footing going forward.
TNT will present an updated outlook for 2008 in its Q3 publication on October 27. The margins in the Express ‘’International & Domestic’’ line of business are currently expected to develop around a solid 9 pct for the full year, with somewhat lower revenue growth. No changes in other lines of the outlook are currently foreseen.

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Post Office UK Post & Go Kiosk

Posted by | Oct 15, 2008 | |

Royal Mail has started to introduce new automated self-service kiosks in some Post Offices with the first two units installed in a Bristol Post Office on Wednesday this week (15th October).
The Post Office Post & Go Kiosks aim to be the quickest and simplest way to send mail and buy stamps. Customers can purchase stamps that can be used immediately or taken away for later use.
All customers need do is place their item on the scale and follow the step-by-step instructions to send their item paying with cash with the option of card payments for transactions over GBP 2.00.
The initial roll out will see 175 Post & Go kiosks in 80 Post Offices spread around the country.

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