Italian parcels company Direzione Gruppo Executive (DGE), which is 100 percent controlled by General Logistics Systems (GLS), aims to be among the top three international parcels operators in Italy in two to three years, a senior executive told Reuters on Thursday.
Read MorePAll-ex has strengthened its national network by welcoming RHP Telford as its newest member. RHP has a fleet of nearly 50 vehicles.
Read MoreAn Post has forecast a EUR30 million ((pounds) 23.6 million) loss this year after a EUR7.2 million deficit in 2001.
The State company is understood to attribute the deepening financial crisis to the economic downturn, wage increases and its failure to implement a cost-cutting plan agreed with staff almost two years ago.
The joint venture international business-mail company formed by TPG, Consignia and Singapore Post has announced the name of its new brand. From today, the new company that began operating on July 2, 2001, will be known as Spring. In the Americas, the launch of the new brand is being completed in two stages, with Canada and the United States involved initially. Argentina, Chile and other Latin American countries will adopt the new brand later this year.
Read MorePOST OFFICES are to be offered up to Pounds 70,000 to close in an effort to streamline the struggling network.
The Government is seeking European approval to offer sub-postmasters in towns and cities lucrative compensation packages in exchange for giving up their right to offer post office services.
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