Penauille shows solidity in a crisis
The slowdown in the air transport industry following the 11 September attacks has impacted on performance at Servisair’s French parent company, Penauille Polyservices.
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The slowdown in the air transport industry following the 11 September attacks has impacted on performance at Servisair’s French parent company, Penauille Polyservices.
Read MoreThe death knell sounded for Channel Tunnel rail freight last week as stowaways continued to cause havoc, prompting a leading integrator on the route to reveal plans to redirect cargo via Benelux ports.
Read MoreDaniel Caille, CEO of La Poste, the French national postal service, has resigned after barely a year in the post. It is not yet clear whether the departure is voluntary. Some observers say Mr. Caille, whose experience was in the private sector, may have found it difficult to effect change in such a weighty public company. Chairman Martin Vial is also prone to reshuffling the executive committee.
Read MoreLa Poste, the French post office, has launched a call for tenders for 15 buildings with an estimated total value of 100m euros. After selecting candidates at the end of May, La Poste hopes to choose an acquirer in July and conclude the sale by the end of the year.
Read MoreExpress distribution operator Chronopost International, which is owned by the French post office, has announced an increase in turnover and traffic in 2001.
Consolidated turnover rose 8.5% year on year to €689m, while global traffic was up 8.3%, with Chronopost transporting 65m document and parcel shipments

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