Tag: UK

Parceline invests in new premises

Express parcel carrier Parceline has invested pounds 550,000 by taking on premises formerly owned by brewer Scottish and Newcastle. Previously based on Gateshead’s Team Valley, Parceline has re-located to Monkton Business Park in Hebburn, South Tyneside. Parceline depot manager Colin Edwards said: “We’ve already created five new jobs and there is the potential to expand further over the next 12 months.” The new 4.8-acre site includes a 29,000sq ft warehouse and office space.

Read More

Scottish MP warns PO closures will wreck communities

A warning was issued yesterday that the future of fragile rural communities could be at risk if the Government fails to pledge greater commitment to safeguarding sub-post offices. Allan Reid, Lib Dem MP for Argyll and Bute, is calling for a long-term promise of support for rural post offices. “We have already seen the Clydesdale Bank closing branches and, if the sub-post offices close as well, it’s going to kill a lot of villages, because usually the post office is combined with the local shop, so that will go as well. At the moment there is a guarantee against unavoidable closures of rural post offices, but that stops next year. “The Government has a package in place – a nationwide subsidy – to support local post offices, but that runs out in 2008 and I know that the future of local post offices, without a guarantee for their long-term future, is very bleak.” As well as committing to a long-term subsidy of rural post offices, the Government needs to allow small branches to deal with more transactions, such as vehicle taxation, he said.

Read More

Deutsche Post receives clearance from the European Commission for its proposed acquisition of Exel

The Board of Deutsche Post announces that the European Commission today gave unconditional clearance to the proposed acquisition of Exel plc by Deutsche Post under the EC Merger Regulation. Completion of the Offer remains subject to the satisfaction or, if permitted, waiver of the remaining conditions to the Offer set out in the Scheme Document, including, inter alia, the sanction of the Scheme by the Court and the reduction of capital. The hearing of the petition to the Court to sanction the Scheme and to confirm the reduction of capital is expected to take place on 9 December 2005 and 12 December 2005 respectively. It is expected that the last day for dealings in Exel Shares will be 9 December 2005 and that the Scheme will become effective on 13 December 2005.

Read More

Stralfors seals pounds 8m purchase of DPS

Transactional printer Stralfors UK has bought DPS Direct Mail in a pounds 8m deal, creating a pounds 28m turnover UK firm.

‘We’ve been looking for a potential acquisition in the UK for a number of years,’ said Stralfors UK managing director Mike Murphy, who will become group managing director. ‘We’ve taken our time to find the perfect fit.’

The deal was signed last Tuesday (15 November), 13 months after Stralfors made initial contact.

DPS in Orpington, Kent will continue to trade under its name but it will be rebranded at some point in the future.

Read More

Tory blow to Royal Mail shares plan

Royal Mail’s hopes of giving shares to its employees looked doomed last night after the Conservatives told The Times that they had misgivings over backing the necessary legislation. If the Tories oppose the plans, defeat in the House of Commons appears inevitable because of the huge opposition to the plan from Labour backbenchers. Some 186 Labour MPs have signed an early-day motion opposing any issuance of shares, out of a total of 198 signatures against. Nick Brown, the former minister and ally of the Chancellor, is the latest big name to join the opposition. The number backing the motion is more than half of the parliamentary party and is the majority of those Labour MPs eligible to sign, given that members of the Government and their parliamentary aides are not free to back such motions.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest