A new US-based ocean freight forwarder network, Globalink, expects to approve its first members this week.
The network will be managed from Phoenix, Arizona, but founder Bill Siemens said the first 10 applicants were all from outside the US.
Read More14 January 2003 Swiss Post International (SPI) – has bought Priority Post a Baltimore/Washington D.C. area based provider of international mailings and specialized in the pre-sorting and processing of bulk mailings. SPI has had branches in New York and Los Angeles since 1998.
Read MoreThe Swiss Post said its international unit SPI has aquired the Washington DC-based Priority Post to strengthen its US position.
The purchase price for Priority Post is a low single-digit figure, it said.
Priority Post is one of the largest non-postal providers of international mailings and specialises in the pre-sorting and processing of bulk mailings.
It is also a partner of the US Postal Service.
Read MoreUnited Parcel Service Inc which is trying to find extra revenue and trim costs wherever it can amid a slump in deliveries, imposed a new penalty on customers who pay their bills late, the Wall Street Journal reported on Monday.
Read MoreThe private contractor responsible for delivering airmail parcels from the United States last night rejected suggestions it was engaged in profiteering amid a public outcry over its controversial charge-on-delivery policy.
General Logistics Systems (Ireland), a Dublin-based subsidiary of Britain’s Royal Mail, insisted it did not turn a profit on the tariffs, saying they represented customs and excise tolls.
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