Norway Post said it has enteredinto a contract to buy all the sharesin Transflex, a Swedish transport andlogistics group. Transflex was established in 1998and has operations in Halmstad,Gothenburg, Stockholm, Jönköpingand Linköping. It has 75 employeesand achieved revenue of SEK 417 millionin 2006. The Transflex Group will become apart of Norway Post's logistics networkin Sweden together with refrigerated-transport company Frigoscandia,courier and express delivery … [Read more...] about Norway Post to buy Transflex

Proposals by the European Commissionto open postal markets to unrestrictedcompetition, will force E.U.nations to withdraw state support fornational postal services, the Wall StreetJournal reported. .Proposals put forward by the commissionwould have forced France tounwind its unlimited guarantee for allliabilities held by La Poste, which makesthe company a low-risk borrower. The country's 17,000 post officeswould also have had to share the marketwith global mail carriers like TNTand … [Read more...] about France continues La Poste monopoly

State-owned postal service company,PT Pos Indonesia has recently inked adeal with Korea's postal service agency,Korea Post, particularly to support acorporate restructuring programmeand the development of an informationtechnology system. CEO of PT Pos Indonesia, HanaSuryana said the co-operation is part ofthe company's move to achieve moreprofit, including this year's profit targetof Rp 27 billion, and for long termrestructuring plans. "Korea Post will provide long term financial … [Read more...] about Pos Indonesia, Korea Post ink deal

Abdulla Al Daboos, director generalof Emirates Post, has announced thatthe postal organisation has purchasedtwo freighters, which are likely to startoperating this month. Al Daboos didnot specify what type of freighters hadbeen acquired. Speaking at the Mail & Expressconference & exhibition in Dubai lastmonth, Al Daboos said Emirates Postis also creating a new regional groundtransport network, developing financialservices and expanding Empost's offerings.He added that Emirates Post … [Read more...] about Emirates Post buys freighters

The Canadian Airports Council(CAC) has expressed disappointmentthat the Canadian government's secondfederal budget has failed to address theissue of airport rent. "The rent omission represents aforgotten election campaign questionnairepledge from the Conservativesto lower the fee and tax burden onCanada's aviation sector," said CACpresident and CEO Jim Facette. "For a budget that implements majorelements of 'Advantage Canada',airport rent continues to be a disadvantagefor … [Read more...] about Airport rent affects Canada’s airports

State-owned airport operator PTAngkasa Pura II has allocated Rp 2 trillion(more than $200 million) for thedevelopment of four of its airports aswell as taking over two other airportsfrom local governments. The airports included in the budget,are Kuala Namu in Medan, SultanSyarif Kasim II in Pekanbaru, SultanIskandar Muda in Aceh, and terminalIII of Soekarno Hatta InternationalAirport. It is not clear, however, if the amountwill cover the planned Air Cargo TranshipmentVillage (ACTV) project … [Read more...] about AP II allocates funds for airport expansion