Tag: France

Airborne Express Enhances Service in Europe Through Purchase Of French Forwarder

Airborne Inc today announced it has assumed operations of its former service partner in France, Pagtrans SA, effective immediately. The new company will operate as Airborne Express France. “This acquisition increases Airborne’s presence in France, enhancing service for our valued customers throughout Europe,” said Bruce Grout, Senior Vice President, International Services.

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Hays six-year win

Hays Logistique France has won a six year contract with retail group Sara Lee for the distribution of beauty, toiletry and household products. Annual traffic will represent the equivalent of 110,000 pallets from a dedicated 23,000 sq metre depot near Soissons. The company expects the contract to create around 50 new jobs.

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La Poste to make rare foray into bond market

La Poste, the French postal service operator, is aiming to complete a quick-fire bond offering this week ahead of transactions from Deutsche Post and Poste Italiane.La Poste awarded the mandate for a benchmark 15-year offering late last week to BNP Paribas and HSBC, but demand has proved strong and bankers close to the deal expect launch to take place by mid-week.
One banker said: “La Poste is an extremely rare issuer that always attracts a strong response. Not much marketing was needed and we have already received a lot of inquiries from investors both within and outside France.”

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