Tag: France

DHL Express France launches new domestic delivery service

Posted by | May 13, 2008 | |

DHL France has launched a new domestic delivery service “D12” for parcels and pallets to be delivered within France before 12 a.m. either within 24 or 48 hours to respond to customer needs for increasingly precise delivery times.

With “D12”, the shippers can rely on exact delivery times for delivery to French cities with more than 5000 inhabitants. The service guarantees delivery of parcels and pallets up to 1000 kg within 1 or 2 days according to the scheduled delivery times of DHL Express.

To use “D12”, DHL customers only need to paste a label on the urgent shipment to signal its priority. There is no need for any advance notice, and items will be picked up together with other national or European shipments and charged for in a standard way without a special invoice. With this label, the shipments have the priority at all stages including loading, transit and delivery. The “D12” shipments can be traced online including signed delivery confirmations and delivery times.

Patrick Aguirregaviria, managing director of DHL Express France’s parcel business, said: “The legal restrictions concerning the speed limits for vehicles in France have re-drawn the borders between courier and domestic express. The express operators have had to review their transport plan and have added surcharges to their service price. Parcel delivery is becoming an alternative but with a new demand for ensuring guaranteed delivery times which D12 responds to.”

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ABX Logistics acquires Lyons-based AIT

Posted by | May 9, 2008 | |

ABX Logistics has taken steps to boost its growth in France by acquiring AIT, a leading regional player in the Eurocargo market for traffic with Southern Europe (Italy, Spain and Portugal).

AIT is based in Genas (Lyons), employs 35 people and has an annual turnover of approx. EUR 10 million. Founded in 1996 by the Sisti family, the company will complement ABX Logistics existing LTL, groupage, customs and logistics operations in the Rhone-Alps region of France.

In this part of France, ABX Logistics already has a turnover in excess of € 25 million in the international road, air and sea sectors. Currently operating from four locations across the region (Saint-Priest, Saint-Exupéry (airport), Grenoble and Chambéry), today’s acquisition adds a fifth location, namely the AIT site in Genas.

AIT’s customers will be able to enjoy the advantages of ABX Logistics densely meshed network that extends across the whole of Europe and offers daily round trips to destinations in countries including Italy, Spain, Portugal, Germany, Switzerland, Austria, Benelux, the UK, Ireland and Scandinavia, as well as regular links with Turkey, Poland, Russia and Ukraine. ABX Logistics has more than 90 branches and hubs in Europe from which it conduct its international road groupage operations.

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Mory Group: Press release from Alain Breau

Posted by | May 9, 2008 | |

MORY confirmed the launch of an operation aiming to strengthen the equity of the holding, after re-capitalization of its subsidiary MORY TEAM late last December.

This new operation, agreed by all MORY group shareholders, totals EUR 35M split as follows:

– EUR 15M capital increase, raising from EUR 28 M to EUR 43 M
– EUR 20M of subordinated convertible bonds, of near common equity nature.

At the end of the operation, which will take place over the next few weeks, managers will hold 65 pct of the capital and half of the convertible bonds, whilst the two investment funds (Bridgepoint and Barclays) that support the company since 1999 will hold 35 pct of the capital and the other half of the convertible bonds.

Through this transaction, shareholders renew their support and confidence in the future of MORY group, especially for 2008 which will see consolidated sales exceed 1 billion euros, i.e. twice that of 2000.

Recent securing of major contracts in transportation and logistics, as well as growth of overseas subsidiaries, along with tariff increase needed on the French market will allow MORY group to return in 2008 to profitability rates it had in the years 2000 to 2005 (i.e. 2 pct of EBIT/turnover).

As previously announced, in order to further strengthen their commitment to their company’s performance, group profit centre managers will then be sought to enter the capital of the group main operating subsidiaries.

Through these legal and financial operations, MORY group intends to establish the foundation of a 3 year development plan (2008-2010) which will allow the group to continue expansion in France and abroad in transportation and logistics, whilst ensuring its independence and home control.

This 3 year plan will be presented and discussed in detail in April.

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French postal workers gain 2.5 pct pay rise

Posted by | May 6, 2008 | |

La Poste and trade unions CFDT, CFTC and CGC have agreed on a new pay and working conditions deal comprising a general increase of wages by 2.5 pct for the company’s 116,397 postal workers.

The two sides have signed an agreement splitting the general increase of wages for employees into a revaluation of 0.5 pct on May 1, 2008 and an increase of 2 pct on July 1, 2008. Managerial wages will be individually revaluated respectively by 1 pct-2 pct on July 1, 2008.

In addition, the general increase will be accompanied by adjustments to lower wage levels and a 2.3 pct revaluation of the “Complement Post” bonus on July 1, 2008. La Poste also agreed to invest EUR 150,000 in promotion of salary equality for men and women, and to provide a EUR 2 million subsidy for staff jointly travelling to work.

George Lefebvre, Managing Director of La Poste and Manager Human Resources and Social Relations, said: “This agreement is in line with a wider policy to improve the staff’s situation and to share the benefits of growth.”

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