FedEx Corp has acquiredANC Holdings, a UK domesticexpress transportationcompany, for £120 million,enabling FedEx Express todirectly serve the entire UKdomestic market. ANC offers a comprehensiverange of distributionand logistics services with anestablished pick-up and deliverynetwork across the UK. Founded in 1981, ANC'sannual revenues exceed£145 million. The companycurrently operates with a networkof approximately 4,500people and a fleet of 2,200vehicles from 80 locations. "The … [Read more...] about FedEx acquires ANC Holdings
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DHL expands TDD service to Vietnam
DHL has expanded itsTime Definite Delivery (TDD)service to Vietnam. A suite oftime-definite delivery products,DHL's TDD portfoliocomprises StartDay Expressfor guaranteed delivery by 9a.m., and MidDay Express fordelivery by noon. With this latest serviceenhancement, DHL will startproviding MidDay Express forVietnam-bound documents.Customers in Japan will nowbe able to send documentsto Vietnam by noon of thenext business day. DHL saidit expects increased demandfor MidDay Express … [Read more...] about DHL expands TDD service to Vietnam
TNT chief denies take-over bids
Peter Bakker, the chiefexecutive of Dutch mail companyTNT, said the companyhad not been approached byany potential buyers. However,he does not rule out afuture bid, the BirminghamPost reported. Speaking during a recentvisit to the US, Bakker saidprivate equity companiescould consider a bid, butsaid he had received noapproaches yet. "If it is sopressing that TNT is takenover, then they would havegot a better deal 14 monthsago," Bakker said, but addedhe thought the company wasstill … [Read more...] about TNT chief denies take-over bids
DHL to employ wi-fi systems
DHL said it is adopting thelatest "new generation" scanningtechnology, deployinga single system across theentire DHL US networkto prov ide enhanc e dshipment visibility for DHLcustomers. The new scanning devices,used to capture shipmentinformation by couriers andother operations personneland utilising a Wi-Fi (wirelesslocal area network connectivity)communications system,will be deployed nation-wideby third quarter 2007. Unlike many systemsused throughout the … [Read more...] about DHL to employ wi-fi systems
USPS tests FFS technology
The U.S. Postal Service(USPS) will expand testingof Flats Sequencing System(FSS) technology to automatesorting of large envelopes,magazines, cataloguesand circulars. The FSS equipment sortsflat mail at a rate of about16,500 pieces per hour.Scheduled to operate 17hours a day, each machinewill be capable of sequencing280,500 pieces a day, tomore than 125,000 deliveryaddresses. A prototype FSS was testedlast year and a full-sizepre-production machine isscheduled for installationsoon at the … [Read more...] about USPS tests FFS technology
DHL targets 20% growth in Indonesia
DHL Express/PT BirotikaSemesta continues to be theleader in express and logisticsindustry in Indonesia,according to DHL's nationaloperations manager, MariaChristina, who said that thecompany is enjoying doubledigitgrowth and will increaseshipments by 20 percent in2007. "We have invested $70,000in a high technology systemto achieve higher growth,"Christina said, adding thatthe company is the marketleader in Indonesia with over50 percent market share. To achieve the … [Read more...] about DHL targets 20% growth in Indonesia