Browsing: Logistics

DHL parent company Deutsche Post World Net has signed a 350 million euro five-year pan-European telecoms services agreement with Telefónica, which it hopes will result in a 150 million euro saving over the period.

Tight stock control helped Debenhams boost pre-tax profit in the 18 weeks to 3rd January despite a drop in like-for-like sales of 3.5 per cent. Gross transaction value was 0.6 per cent above the comparative period last year.

Famous Pacific Shipping, the air and sea freight forwarding company, has expanded its hub in Melbourne, Australia and is launching a road haulage subsidiary as it boosts its presence in the region.

Commercial vehicle drivers saw pay rises of some three per cent last year, according to the ninth annual survey by Incomes Data Survey and the Road Haulage Association.

As the Christmas frenzy subsides, retailers will be left with a hangover of unwanted stock, poor sales figures and ultra thin margins on heavily discounted sale items. But for beleaguered retailers, things are only likely to get worse for the foreseeable