Neopost Financial Results – First Half 2007
Neopost Financial Results – First Half 2007
Read MoreNeopost Financial Results – First Half 2007
Read MoreNeopost Financial Results – Second Quarter 2007
Read MoreThe board of directors of La Poste, the French national postal services group, will today decide on an acquirer for the group’s air freight unit, Europe Airpost, formerly Aeropostale. The national group, which owns 100 per cent of the company, had two candidates to choose from as at September 10: the Irish freight company Air Contractors, and the French passenger carrier Aigle Azur.
At 47m euros, the second offer is substantially higher than the first (38m). Europe Airpost, which has 26 aircraft, is active in both freight and passenger transport.
xpedx and Geodis, two major providers of third party logistics services, today announced they have formed a global strategic alliance that enables both companies to expand their service and geographic reach for customers worldwide.
xpedx and GEODIS provide a complete range of supply chain management services to some of the world’s largest industrial companies, manufacturers and retailers. The new alliance will offer the full range of logistics services including air, sea, multi-modal transport, asset and inventory management, reverse logistics, demand planning and web-based custom reporting, which provides detailed information on all aspects of a customer’s supply chain.
The alliance enables the two companies to better serve and support their customers’ needs for logistics services across North America, Europe, the Middle East, Africa, Asia and South America.
“Thanks to the Geodis network, this alliance allows xpedx to serve its customers wherever they have operations or local logistics needs,” said Dan Watkoske, Vice President of Sales for xpedx. “We will provide Geodis comprehensive geographical coverage and extended logistics service for their customers throughout the U.S. They, in turn, will provide the same for our customers with operations outside the U.S.”
“This alliance complements our recent acquisition of TNT Freight Management now re-branded to Geodis Wilson where we have a number of freight forwarding activities in the U.S. The Geodis Group is now able to extend its global offer all over the U.S.,” said Jean Louis Demeulenaere, Executive Vice President of Strategy and Development for Geodis. “As well, we are happy to extend our relationship with xpedx giving them the opportunity to propose to their clients an offer on a worldwide basis.”
Read MorePitney Bowes Management Services International reports acquiring Asterion SAS for USD 33.2 million in cash.
The transaction also included France-based Asterion’s two subsidiaries, Asterion Sud and Asterion Direct. Pitney Bowes Management Services is a division of Pitney Bowes Inc.
Plans call for Asterion, which provides outsourced transactional print and document process services, to become a wholly owned subsidiary of Pitney Bowes, continuing to operate under its existing management, officials said.
Asterion, which employs 740 workers, posted revenue of USD 88 million of revenue during 2006. Asterion employees are located at the company’s headquarters in St. Denis, France, and additional nine French facilities.
Pitney Bowes, founded in 1920, employs 35,000 workers. The company reported annual revenue of USD 5.7 billion in 2006.
Last week, Pitney Bowes formed a new software company by combining two of its acquisitions, Pitney Bowes Group 1 Software and Pitney Bowes MapInfo.
Pitney Bowes acquired Maryland-based Group 1 Software Inc. in 2004 for about USD 321 million. In March, it acquired Troy, N.Y.-based MapInfo Corp. for USD 408 million.
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