Tag: UK

Fedex Custom Critical CharterAir changes to Air Expedite

Posted by | Jan 13, 2003 | |

FedEx Custom Critical, Inc., North America’s largest time-specific, critical-shipment carrier and a subsidiary of FedEx Corp, is changing the name of its CharterAir division to Air Expedite. The new name reflects the expanded portfolio of expedited air services offered by this division.

“The name change was definitely a customer-focused decision,” said Kevin McClellan, director of Air Expedite. “We want our customers to understand that we offer much more than dedicated charter services. We utilize our surface fleet and our alliances with our sister FedEx operating companies to provide services that simply can’t be found anywhere else.”

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Deutsche Post close to Securicor deal

Posted by | Jan 13, 2003 | |

Deutsche Post is close to acquiring the remaining 50 per cent stake in Securicor’s UK parcels distribution business. The German postal operator is seeking to streamline its express, freight and logistics services under one roof and to close remaining gaps in its pan-European delivery network. “We are in the final stages of securing a deal – it is imminent,” said a person close to the talks. Deutsche Post is expected to pay up to €300m (£192m) for the 50 per cent it does not already own in Securicor Distribution.

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Exel gets contract with Oxford University

Posted by | Jan 13, 2003 | |

Exel, the world leader in supply chain solutions, has been awarded a GBP1.3m a year contract with Oxford University Press (OUP), the world’s largest university press publisher, to provide global freight management services to and from the UK and around the globe.

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Postal charges for awkward packages

Posted by | Jan 13, 2003 | |

The Periodical Publishers Association has warned of a bleak outlook for the A3 weekly tabloid magazine market if the Royal Mail goes ahead with plans to charge more to deliver large or oddly shaped items.

The Royal Mail has tabled the idea as part of a consultation process with the magazine industry designed to help the postal service from haemorrhaging over £1m per day. It would mean a 30p 1st class surcharge on larger items.

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Singapore Post gets nod for joint venture

Posted by | Jan 12, 2003 | |

Singapore Post Pte Ltd has been permitted by the Foreign Investment Promotion Board (FIPB) to set up a joint venture subsidiary in India along with Consignia (Royal Mail) and the Netherlands-based TPG Group. According to the plans sanctioned by the FIPB, Singapore Post will form a 50:50 JV in India with Netherlands-based G3 Worldwide Mail. G3 Worldwide is a joint venture between three partners, the TPG Group, Consignia (Royal Mail) and Singapore Post.

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