Palletways passed a landmark last week as it linked its UK hub in Lichfield with its hub in Nijmegen, which serves Benelux, Germany and Denmark.
The near-identical computer systems of the two networks were plugged into each other and a scheduled trunking service started operating for the first time. One- and two- pallet consignments are the core traffic.
TNT announced its domestic foray in India at a press meeting in Mumbai today. The expansion plan in India is in line with the global strategy of focusing on building quality networks in emerging markets. TNT will make an investment of around 100 million Euro into the Indian market over the next five years, further reinforcing its commitment to the booming Indian economy. This launch makes TNT the first multinational brand in India to offer international and domestic services using an integrated air and road network. TNT will clearly differentiate from its competitors in the express segment, through its offering of a gamut of “first ever” services. TNT aims to be the leading integrated player in the Indian market by 2010.
Read MoreFinnish state-owned postal and logistics services provider Finland Post Corporation (Suomen Posti Oyj) said on Wednesday (1 February) that it is acquiring the Swedish logistics company Roadlink Spedition AB. Roadlink Spedition has an annual turnover of EUR25m and it has four outlets with terminals based in Stockholm, Malmo, Gothenburg and Jonkoping. The acquisition price was not disclosed.
Read MoreByBox, the UK’s largest in-night delivery company, has seen turnover increase by 50 per cent to £15m in the past 12 months following several significant new business wins.
Read MoreSwiss mailroom management solutions provider MailSource, owned by Swiss postal carrier Schweizer Post, will fully take over US sector company Forrest Solutions Inc, MailSource said on January 27, 2006. MailSource will pay a two-digit sum in million for the New York-based enterprise. Forrest Solutions (www.forrestsolutions.com), active in the field of mailroom and recruiting services generates an annual average turnover of USD44 mln (36.3 mln euro). Among its customers are banks, law firms, publishing houses and advertising companies in the New York region.
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