WH Smith profits fall as US units feel the pinch
WH Smith, the UK news, magazine and book retailer, said that poor results at its international retail and news distribution businesses had depressed annual profits
Read MoreWH Smith, the UK news, magazine and book retailer, said that poor results at its international retail and news distribution businesses had depressed annual profits
Read MoreOctober 18, 2001 — Paul Needham, Reuters: “Deutsche Post World Net is looking at strengthening its presence in the U.S. air express market to complete the formation of its global express network, a board member told Reuters on Thursday. ‘We cannot operate this worldwide air express network without a strong U.S. presence. How this can be organised is something we are looking into,’ said Peter Kruse, board member for European express services while at the German logistics conference in Berlin. Kruse declined to comment on reports in German media that Deutsche Post was interested in acquiring listed transport company Airborne Express , the third-largest domestic air express transport operator in the U.S. after UPS and FedEx . Earlier on Thursday Deutsche Post CEO Klaus Zumwinkel described the reports as ‘speculation’ which had been circulating for 12 months or more. Airborne Express has also declined to comment on possible Deutsche Post interest.
Read MoreEarnings at United Parcel Service dropped 19 per cent in the third quarter, hurt by the slowing US economy and the shutdown of its air operations during the week of the September11 terrorist attacks
Read MoreSeven Secrets for Improving Mail Effectiveness – Tom Lemke, VP Database Marketing, Kmart
Read MoreUSPS Growth Strategies – Marty Emery, Manager, Core Product Development, USPS
Read More
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.