Wilson Logistics of Sweden has bought VIP Airfreight Pty Ltd of Australia, a specialist airfreight forwarder dealing in movements of food. Most is exported to Asia. Wilson are reported to be interested in strategic acquisitions worldwide.
Read MoreNZ Post buys Australian Supply Chain Management company and Internet messaging company
Read MoreMAIL deliveries may be cut to five days a week as a beleaguered New
Zealand Post tries to contain rising costs. The state-owned enterprise has been warned that its letters market – responsible for about half the company’s revenue – faces serious threat because of electronic mail and major businesses bypassing its network.
New Zealand Post today moved to allay fears postal services could be cut from six days to five days a week. Reducing delivery days is a longer-term option outlined in a report by government officials as a way NZ Post could cut costs. But NZ Post chief executive Elmar Toime told NZPA today six-day-a-week mail delivery would continue.
Read MoreAn axe hangs over the NZ Post board after the Government was forced yesterday to step into a damaging row between board members.
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