Management of Seur, the Spanish urgent delivery group, has reached an agreement with Geopost, logistics subsidiary of French post office La Poste, in order to prevent investment groups Bridgepoint and JP Morgan Partners from entering its shareholding.
Read MoreDHL Iberia, Spanish subsidiary of German express mail delivery group DHL, invested 10 mln euro ($11.9 mln) to build a logistics centre in Zaragoza, northeastern Spain, DHL Iberia CEO Felipe Corcuera said on April 20, 2004.
The centre has an area of 22,000 sq m. Some 6,000 sq m of the area is designed for transport and distribution premises. Premises have a capacity for 32 transport trucks and 53 delivery trucks. The centre also incorporates a logistics store of 2,200 sq m and offices with a total area of 1,800 sq m.
Read MoreTNT Logistics has renewed its logistics contract with international tyres
manufacturer Goodyear Dunlop in Spain, to provide warehousing, handling as
well as to manage its national tyre distribution.
For the new contract term TNT Logistics has invested about 3 million Euro in
radiofrequency equipment, security systems, and the new warehouse
management system and has implemented a dedicated network in Spain.
Spanish freight forwarding and logistics group Spain-Tir will invest over 3.0 mln euro ($3.6 mln) in the construction of a logistics centre at the Valencia airport, eastern Spain, company’s president Lluis Gay said on April 13, 2004.
The centre will have a capacity for 50 cars and 80 trucks. It will also include offices, which will cover an area of 450 sq m. The total area of the centre, which will start operating in 2005, will be 5,000 sq m.
Read MoreCorreos, the Spanish postal service operator, managed to increase pre-tax profits by 125 per cent to 186m euros last year although the company received fewer state subsidies than in 2002. The group received only 0.97m euros instead of 5.6m euros in subsidies for the coverage of postal services across the whole country.
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