France-based express package handler Sodexi, a joint venture of Air France-KLM (65 per cent) and Geopost (35 per cent), began operation of a new 7,600 sq m (818,000 sq ft) express freight terminal at Paris-Charles de Gaulle Airport last week. The €22 million (approx. US$25.94 million) facility, owned and developed by Aéroports de Paris, but financed by Sodexi, has an annual capacity of up to 55,000 tonnes of express freight. Jérôme Balbi, managing director of … [Read more...] about Sodexi opens express freight hub at CDG
Geopost
New India JV for GeoPost & Continental Air Exp
GeoPost, the express parcel arm of French Groupe La Poste, and Continental Air Express Pvt Ltd, an associate company of India-based Continental Carriers Group, have announced a new joint venture company based in New Delhi. The new company will be called DPD Continental Pvt. Ltd and will offer inbound and outbound express parcel services under the DPD brand to customers in India. GeoPost Intercontinental, the international expansion arm of GeoPost, will hold a 60 per cent stake while the … [Read more...] about New India JV for GeoPost & Continental Air Exp
New India JV for GeoPost & Continental Air Exp
GeoPost, the express parcel arm of French Groupe La Poste, and Continental Air Express Pvt Ltd, an associate company of India-based Continental Carriers Group, have announced a new joint venture company based in New Delhi. The new company will be called DPD Continental Pvt. Ltd and will offer inbound and outbound express parcel services under the DPD brand to customers in India. GeoPost Intercontinental, the international expansion arm of GeoPost, will hold a 60 per cent stake while the … [Read more...] about New India JV for GeoPost & Continental Air Exp