Tag: UK

Business Post Group acquires Weavers

Posted by | Jul 28, 2003 | |

Business Post Group plc, one of the UK’s leading express delivery companies, announces the acquisition of Weaver (Four Oaks) Limited, trading as Weaver Pallet Express (‘Weaver’), a Midlands-based express palletised goods delivery business.

On a pro forma basis in the 12 months ended 31 March 2003, Weaver achieved turnover of £16.2m and profit before interest and tax of £1.2m. Weaver’s pro forma debt-free net assets at 31 March 2003 were £2.1m.

Weaver provides a nationwide express pallet delivery service through a partnership network of 70 independent haulage businesses throughout the UK. Run from a national hub at Fradley Park, Lichfield, Weaver handles more than 3,000 pallets a day and is estimated to be the UK’s fourth largest pallet network company. The UK pallet network market is experiencing growth of more than 30% p.a.

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Proposed U.S customs rules could force modernization

Posted by | Jul 28, 2003 | |

The Department of Homeland Security’s Bureau of Customs and Border Protection last week published a proposed regulation that would require carriers to electronically notify customs officials of cargo destined for the United States, hours before it crosses the border. “Advance cargo information is essential to not only preventing instruments of terrorism from being shipped into this country but also to speed the flow of legitimate cargo across our borders,” Homeland Security secretary Tom Ridge said in announcing the proposed rules.

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UK Royal Mail trains to stop early

Posted by | Jul 28, 2003 | |

Royal Mail is to stop transporting post by rail in Scotland six months earlier than planned in a bid to cut costs.

The final batch will be carried on September 30 before all deliveries are switched to the roads.

The move which could mean up to 160,000 lorry journeys a year – ends a tradition spanning more than 100 years and puts 50 jobs at a freight depot in Motherwell, Lanark-shire, in jeopardy.

Post chiefs planned to stop using trains next April but are bringing the shake-up forward.

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Ireland postal price rise decision expected

Posted by | Jul 28, 2003 | |

A formal decision will be made this week on whether to grant An Post a price rise in domestic postage rates, which could be worth some E18 million in a full year.

The company has sought a range of increases including a rise of 7c to 48c on the basic stamp.

The Commission on Communications Regulation (ComReg), has recognised the need for increases in the company’s domestic postal rates, with prices “geared to costs” as EU regulations demand.

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