Tag: Europe

SNCF completes Geodis takeover

Posted by | Aug 15, 2008 | |

The EUR 600 million acquisition of freight logistics group Geodis by French rail operator SNCF has been completed with the delisting of Geodis shares from the Euronext Paris stock exchange. SNCF aims to create Europe’s fourth-largest transport and logistics group which will also be among the express market leaders in France.

SNCF, which already held 42.37 pct of Geodis’ share capital and 45.79 pct of voting rights prior to its offer, announced in early April it would offer EUR 135 per share to buy full control of Geodis. The offer, which ran through June and part of July, was supported by the Geodis board and overwhelmingly accepted by Geodis shareholders.

After increasing its holding to 98.40 pct of Geodis capital, SNCF then implemented a squeeze-out to buy the remaining shares on August 8 and Geodis shares were delisted from the Euronext Paris stock exchange on that day.

SNCF will combine Geodis, with 2007 revenues of EUR 4.8 billion, its rail freight division and several smaller transport subsidiaries, into a new group with 2008 revenues of some EUR 8 billion and about 50,000 employees. The new company will include Geodis Calberson, one of the leading express and parcels operators in France.

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CitySprint's Leeds ServiceCentre Moves to New Premises

Posted by | Aug 15, 2008 | |

CitySprint has relocated its Leeds ServiceCentre to larger premises in line with increasing demand in the area. The new ServiceCentre is located at Unit 18, Enterprise Park Industrial Estate, Old Lane, Moorhouse Avenue, Beeston, Leeds, LS11 8HA.

In addition to its Leeds ServiceCentre CitySprint has a network of 30+ ServiceCentres across the UK. This cross-country coverage is unique in the courier industry and enables CitySprint to provide a truly national or local service like no other same day courier company. Through its network of regional ServiceCentres and ServiceCentre based customer services teams CitySprint is able to provide its clients with local knowledge and expertise, regardless of where they might be based. CitySprint’s clients also enjoy the personal relationships they are able to develop with account managers and ServiceCentre staff at their local ServiceCentre. They can feel confident that if there is ever an issue, or if they simply want to discuss their job, they know they can pick up the phone and have a real person to speak to.

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Nightfreight launches pay-as-you-go logistics

Posted by | Aug 15, 2008 | |

West Midlands-based Nightfreight has begun a pay-as-you-go home delivery service, offering retailers transport savings of up to 50 pct. Targeted at distributors and retailers that have their own fleets, the service will be managed through Nightfreight’s Deliver2Hometeam. The group cites not having to pay for a fixed and rigid contract as the main benefit of the scheme.

Up to 50 pct can be saved on transport costs with the new variable charging system, in which customers pay for the actual number of deliveries required. Currently 50 HGVs and 110 staff are involved.

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Postcomm statement on Royal Mail's industry consultation on zonal access price structures (UK)

Posted by | Aug 14, 2008 | |

Postcomm welcomes Royal Mail’s industry consultation on a revised zonal access price structure. This consultation impacts on two projects which Postcomm has been undertaking over the past several months.

The first project is Postcomm’s general review of zonal access pricing (under which Royal Mail charges a zonal price for delivering mail to the “final mile” for large customers and other postal operators).

The second project concerns TNT Post UK Limited’s request to Postcomm for a direction under Condition 9 of Royal Mail’s licence for two access products, both of which it requested to be zonally priced but with a two zone pricing structure.

Postcomm hopes that Royal Mail, TNT Post and the wider industry will be able to work together to put in place appropriate terms for both zonally priced access and nationally priced access to the Royal Mail network. If agreed, these new arrangements could help to secure the provision of a strong and self financed universal service in parallel with the development and sustainability of both access and end-to-end competition.

Postcomm will aim to publish its observations on Royal Mail’s industry consultation by the end of August 2008.

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Spanish Postal Service to invest EUR 11 million in PDAs

Posted by | Aug 14, 2008 | |

Correos is planning to invest EUR 11 million in PDAs for delivery workers in Spain this year. It now plans to buy a further 7,000 in line with technical improvements to Spain’s postal network (with a budget of EUR 8.9 million).

Correos said it would enable mail workers across Spain’s rural and urban areas to provide a modern and up-to-date service and improve the quality of mail delivery including registered mail.

PDAs are similar to hand-held digital scanners but provide unique facilities such as digital signatures, which means the sender can know that an item has been delivered, and when. The addition of communication between postal workers and delivery offices will also improve the quality of Spanish postal services.

Royal Mail in the UK is also rolling out the use of PDA units to its entire delivery network as part of its modernisation plans. Similar equipment has already been installed in many Royal Mail vehicles.

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