Europa Worldwide Services has opened a £1.7m (€2.8m) hub in Brussels, enabling it to guarantee exporters to Belgium and the Netherlands next-day delivery.
A 7,000-pallet transit warehouse will be used principally by exporters and importers trading consumer goods in the Benelux countries, Italy, Spain and the UK.
18 April 2002 . TPG through TNT Logistics has bought Transports Nicolas – A French Distribution Company specialising in Fresh food products with a turnover of €115m and 1500 employees.
Read MoreLa Poste, the French post office, has announced results for 2001 characterised by the amortisation of 170m euros. This is mainly the result of a poor performance from its logistics and parcels subsidiary GeoPost. La Poste’s net profit would have reached 75m euros if Geopost’s losses had not been included in the accounts.
Read MoreThe French post office, La Poste, closed 2001 with net operating losses of 95m euros, mainly as a result of the acquisition of German network DPD. Turnover increased slightly but operating profit dropped. Chairman Martin Vial has explained that these disappointing results are due to a drop in the use of mail caused by the spread of the internet and by the introduction of the 35-hour working week.
Read MoreLa Poste, the French post office, is seeking a partnership with a bank to help it expand its financial services arm, one of its fastest growing businesses.
Martin Vial, chairman, said La Poste was searching for “powerful allies” that could add expertise and allow it to offer more financial products.
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