UK-based international logistics provider Tibbett & Britten Group plc has signed a multi-million pound five-year contract for UK warehousing and distribution with Remington Consumer Products Ltd.
Read MoreFrench insurer CNP Assurances said it would enter a life insurance joint venture with China’s State Post Bureau and expects to begin operations in China in early 2003. The venture is to be based on CNP’s bancassurance model, distributing life insurance products through the bureau’s postal outlets.
Read MoreTNT Logistic (Thailand) will invest about 300 million baht a year over the next five years to expand its business.
Read MoreNOL Announces New CEO For APL Logistics
Read Morewe haven’t yet reached the point where posties on bikes are delivering rush envelopes downtown. But that day might come sooner than you think. Canada Post has purchased a 50-per-cent interest in Montreal-based Intelcom, one of the largest rush couriers in the city. The deal has competitors seeing red. Stories have been flying around Montreal and Toronto about Canada Post pressuring some of its big suppliers, like law firms and advertising companies, to drop their current couriers and use Intelcom.
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