Tag: France

FKI Logistex wins contract from Chronopost in France

FKI Logistex announced that it has won a contract to supply Chronopost International with a complete tilt-tray sortation system for the company’s new 11,000 square-meter (118,000 square-foot) parcel hub in Chilly-Mazarin, near Paris, France. Chronopost, a subsidiary of the La Poste Group, is building the new hub to support an ambitious three-year plan to redesign its entire transportation network.

Chronopost chose the FKI Logistex sortation system for its market-leading ergonomic and safety features and its ability to handle the hub’s high throughput levels. The Chilly-Mazarin hub is designed to move a total of 30,000 parcels per hour and will process nearly 60 percent of Chronopost’s French freight.

The integrated FKI Logistex sortation system at the Chilly-Mazarin hub includes FKI Logistex S-3000E tilt-tray sorters, inductions and chutes, and more than 4 kilometers (2.5 miles) of FKI Logistex belt conveyor, all controlled by an FKI Logistex controls system.

The Chilly-Mazarin hub is scheduled to be fully operational by the end of 2007.

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GeoPost raises stake in Seur to 19.6%

La Poste’s international express subsidiary GeoPost has raised its stake in Spain’s Seur group through their joint venture, Seur-GeoPost, buying Seur’s Santander franchise.

The acquisition of Seur Santander, which turned over EUR 7 million last year and employs 83 staff, is the seventh franchise bought by Seur-GeoPost, the company 60% owned by GeoPost. According to Seur, quoted in the El País newspaper, the joint venture’s purchase of the Santander operation consolidated the alliance between the two groups and represented a reinforcement of the development of Seur in the Cantabrian region of Spain.

Seur, with turnover of EUR 574 million in 2005, is one of the leading express companies in Spain, where the market is growing at about 8% a year and is currently worth some EUR 6.6 billion in revenues.

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GeoPost strengthens its presence in Spain with the acquisition of SEUR-SANTANDER

GeoPost has just acquired the SEUR-Santander franchise (Province of Cantabria).

This operation was made possible through the joint-venture SEUR GeoPost (60% held by GeoPost SA and 40% by SEUR SA), which has a turnover for a full 12 months in excess of euro230 million.

Located in the Cantabria region, Northern Spain, the Santander franchise, employs around 80 people, and has a turnover of almost euro7 million per year.

“This acquisition strengthens SEUR GeoPost’s position in Northern Spain” explains Yves Delmas, CEO of SEUR GeoPost. Following the acquisition of a series of franchises since 2004, SEUR GeoPost now manages eight franchises in Spain: Madrid, Bilbao, Zaragoza, Soria, Gerona, Baix de Llobregat, Granollers and, recently, Santander. With the acquisition of the Santander franchise GeoPost raises its stake to 19.6%.in its partner’s capital, SEUR
Spain therefore asserts its position as one of key players of the GeoPost group’s development in Southern Europe.

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UPS cancels superjumbo

UPS’s withdrawal as the last customer for the misbegotten Airbus freighter was all but inevitable for some time, but the breakup between the aircraft manufacturer and the world’s second-largest cargo airline marked an unusually messy end to a freighter purchase agreement.
The muddy ending was rivaled only by the A380 program itself, a project that has fallen far behind schedule.
Passenger airlines have been clamoring for penalty payments and freighter customers dropped their orders as Airbus has undergone a massive management overhaul in the aftermath.
Freighter cancellations by FedEx Express, which became the first in and the first out on the Airbus sales sheet for A380 freighters, Emirates and International Lease Finance Corp. had left UPS as the only cargo customer for the massive new aircraft.
UPS and Airbus seemingly had set the stage in late February for an amicable parting. They announced a redrawn purchase agreement that allowed either side to end the sale under a preset timetable.
But on Feb. 28, Airbus disclosed a restructuring plan in which it will lay off 10,000 employees. And a day later Airbus pulled its workers off the freighter assembly line to work on passenger versions of the plane, an action UPS officials did not learn about directly from the manufacturer.
UPS now is focused on adding the capacity the company believes it will need in the international arena in coming years.

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