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Fedex Logistics To Move Global Headquarters To Downtown Memphis

Tuesday, 12 Feb 2019

Feb 12 (Reuters) - FedEx Corp ::FEDEX LOGISTICS TO MOVE GLOBAL HEADQUARTERS TO DOWNTOWN MEMPHIS.FEDEX LOGISTICS - GLOBAL HEADQUARTERS MOVE WILL CONSOLIDATE MULTIPLE LOCATIONS AND NEARLY 700 TEAM MEMBERS OVER NEXT SEVERAL YEARS.

Deutsche Post Comments On Proposed Pricing Decision

Tuesday, 15 Jan 2019

Jan 15 (Reuters) - Deutsche Post AG ::DEUTSCHE POST COMMENTS ON PROPOSED PRICING DECISION.FINAL DECISION OF FEDERAL NETWORK AGENCY IS EXPECTED FOR MID-MARCH 2019.ACCORDING TO DRAFT DECISION, DEUTSCHE POST AG SHOULD BE ALLOWED A PRICING HEADROOM OF 4.8% AS OF APRIL 1^ST 2019 ON BASKET OF PRODUCTS THAT ARE SUBJECT TO PRICE-CAP REGIME.SHOULD THIS BECOME FINAL DECISION ALLOWANCE TO INCREASE PRICES OVER THAT PERIOD WOULD BE LOWER THAN EXPECTED.SHOULD THIS BECOME FINAL DECISION ALLOWANCE TO INCREASE PRICES OVER THAT PERIOD WOULD BE LOWER THAN EXPECTED.TO ACHIEVE PROFITS TARGETS OF POST & PAKET DEUTSCHLAND DIVISION ON THIS BASIS ADDITIONAL COST REDUCTION MEASURES WOULD BE REQUIRED.SHOULD THIS BECOME FINAL DECISION ALLOWANCE TO INCREASE PRICES OVER THAT PERIOD WOULD BE LOWER THAN EXPECTED.

OT Logistics To Merge With Its Subsidiaries

Saturday, 29 Dec 2018

Dec 31 (Reuters) - OT Logistics S.A. ::SAID ON FRIDAY IT DECIDED TO MERGE WITH ITS WHOLLY-OWNED SUBSIDIARIES ŻEGLUGA BYDGOSKA SP. Z O.O., OT PORT WROCŁAW SP. Z O.O. AND ODRA RHEIN LLOYD SP. Z O.O..THIS MERGER IS AN ELEMENT OF THE CONSOLIDATION OF OTL GROUP'S COMPANIES.MERGER WILL ALSO BRING FINANCIAL SAVINGS IN THE ADMINISTRATIVE AND ORGANIZATIONAL AREAS.

Royal Mail Says UK parcels Business Performing Well

Thursday, 15 Nov 2018

Nov 15 (Reuters) - Royal Mail PLC ::H1 PRETAX PROFIT 33 MILLION STG.RECONFIRMING COMMITMENT TO REVISED £100 MILLION COST AVOIDANCE TARGET.RECONFIRMING COMMITMENT TO ADJUSTED GROUP OPERATING PROFIT BEFORE TRANSFORMATION COSTS OF £500 MILLION - £550 MILLION FOR FINANCIAL YEAR.HY REVENUE 4,932 MILLION POUNDS VERSUS 4,829 MILLION POUNDS REPORTED LAST YEAR.HY PRETAX PROFIT 33 MILLION POUNDS VERSUS 77 MILLION POUNDS REPORTED LAST YEAR.HY ADJUSTED PRETAX PROFIT 183 MILLION POUNDS VERSUS 250 MILLION POUNDS REPORTED LAST YEAR.HY UKPIL REVENUE DOWN ONE PER CENT ON AN UNDERLYING BASIS..UK PARCELS BUSINESS PERFORMING WELL.HY UK PARCEL REVENUE AND VOLUMES UP SIX PER CENT.HY ROYAL MAIL DOMESTIC ACCOUNT PARCEL VOLUMES, EXCLUDING AMAZON, UP EIGHT PER CENT.DISAPPOINTING UK PRODUCTIVITY PERFORMANCE, SIGNIFICANTLY BELOW PLAN AT -0.2 PER CENT IN HY.HY GLS REVENUE UP NINE PER CENT ON AN UNDERLYING BASIS..HY GLS VOLUMES UP SIX PER CENT, EXCLUDING RECENT ACQUISITIONS.OUTLOOK AND OTHER GUIDANCE FOR 2018-19 UNCHANGED.SEES 2018-2019 UKPIL PARCEL VOLUMES AND REVENUE GROWTH RATES TO BE BETTER THAN IN 2017-18.SEES 2018-2019 ADDRESSED LETTER VOLUME DECLINE SIMILAR TO DECLINE IN FIRST HALF.INTERIM DIVIDEND OF 8.0 PENCE HAS BEEN SET AS ONE THIRD OF PRIOR YEAR'S TOTAL DIVIDEND.SEES 2018-19 TRANSFORMATION COSTS OF AROUND £150 MILLION DUE TO SHORT-TERM COST ACTIONS.

Roadrunner Transportation Reports Q3 Loss Per Share Of $1.08

Wednesday, 7 Nov 2018

Nov 7 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS REPORTS THIRD QUARTER OPERATING RESULTS.Q3 LOSS PER SHARE $1.08.Q3 REVENUE $536.6 MILLION.SEES ADJUSTED EBITDA FROM BETWEEN $20 TO $25 MILLION IN 2018 TO OVER $100 MILLION BY END OF 2020.ROADRUNNER TRANSPORTATION SYSTEMS - QTRLY OPERATING LOSS INCLUDED CORPORATE RESTRUCTURING AND RESTATEMENT COSTS OF $4.7 MILLION.

Royal Mail Lowers 2018-19 Cost Avoidance Target To 100 Mln STG From 230 Mln STG

Monday, 1 Oct 2018

Oct 1 (Reuters) - Royal Mail PLC ::ROYAL MAIL PLC - TRADING STATEMENT.ROYAL MAIL PLC - REVENUE AND VOLUME GROWTH FOR 2018-19 NOW EXPECTED TO BE BETTER THAN 2017-18..ROYAL MAIL PLC - TRADING CONDITIONS IN UK ARE CHALLENGING.ROYAL MAIL PLC - UK PARCEL REVENUE AND VOLUME UP SIX PER CENT IN H1 2018-19.ROYAL MAIL PLC - GLS REVENUE UP AN ESTIMATED NINE PER CENT IN H1 2018-19.ROYAL MAIL PLC - NOW EXPECT GROUP ADJUSTED OPERATING PROFIT BEFORE TRANSFORMATION COSTS TO BE IN RANGE OF £500 MILLION TO £550 MILLION ON A 52 WEEK BASIS.ROYAL MAIL PLC - EXPECT FULL YEAR PERFORMANCE TO BE SIGNIFICANTLY BELOW TARGET (UPPER END OF TWO TO THREE PER CENT RANGE)..ROYAL MAIL PLC - LABOUR MARKET AND OTHER COST PRESSURES ARE IMPACTING MARGINS MORE THAN ANTICIPATED.ROYAL MAIL PLC - "LETTER VOLUMES, ESPECIALLY MARKETING MAIL, ARE IMPACTED BY ONGOING STRUCTURAL DECLINE, BUSINESS UNCERTAINTY AND GDPR".ROYAL MAIL PLC - NOW EXPECT ADDRESSED LETTER VOLUME DECLINES OUTSIDE FORECAST RANGE THIS YEAR; MAINTAINING MEDIUM-TERM GUIDANCE.ROYAL MAIL PLC - UK PRODUCTIVITY AND COST PERFORMANCE HAS BEEN DISAPPOINTING.ROYAL MAIL PLC - LOWERING TARGETS FOR COST AVOIDANCE AND PRODUCTIVITY IMPROVEMENTS FOR 2018-19.ROYAL MAIL PLC - EXPECT THAT PRODUCTIVITY FOR 2018-19 WILL BE SIGNIFICANTLY BELOW TARGET, WHICH WAS AT UPPER END OF TWO TO THREE PER CENT RANGE.ROYAL MAIL PLC - IMPLEMENTING A RANGE OF SHORT-TERM COST ACTIONS FOR PAY, PENSIONS AND PIPELINE AGREEMENT.

Loginet Japan says group reorganization

Wednesday, 8 Aug 2018

Aug 8(Reuters) - Loginet Japan Co Ltd <9027.SP>:Says it will set up a new wholly owned unit on Oct. 1.Says its wholly owned unit Sapporo Express Co.Ltd and Chuo-Tsuun will transfer all business in Honshu and sales functions to the new unit respectively .Effective April 1, 2019 .

CTS International Logistics to dissolve logistics unit

Thursday, 7 Jun 2018

June 7(Reuters) - CTS International Logistics Corp Ltd <603128.SS>:Says it plans to dissolve a Liaoning-based logistics unit .

Roadrunner Transportation Says Integration And Rebranding Of Several Operating Companies Into Its Ascent Global Logistics Operating Segment

Thursday, 15 Mar 2018

March 15 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS INC - INTEGRATION AND REBRANDING OF SEVERAL OPERATING COMPANIES INTO ITS ASCENT GLOBAL LOGISTICS OPERATING SEGMENT.ROADRUNNER TRANSPORTATION- REBRANDING OF 5 OPERATING COS, INTEGRATION OF ROADRUNNER TRUCKLOAD PLUS ORGANIZATION INTO DOMESTIC FREIGHT MANAGEMENT UNIT.

Fedex Realigns Specialty Logistics And E-Commerce Solutions

Tuesday, 16 Jan 2018

Jan 16 (Reuters) - Fedex Corp ::FEDEX REALIGNS SPECIALTY LOGISTICS AND E-COMMERCE SOLUTIONS.FEDEX - REALIGNMENT, BEGINNING MARCH 1, 2018, OF ITS SPECIALTY LOGISTICS AND E-COMMERCE SOLUTIONS IN A NEW STRUCTURE UNDER FEDEX TRADE NETWORKS, INC..FEDEX- FEDEX SUPPLY CHAIN RESULTS,FEDEX CUSTOM CRITICAL RESULTS, WILL BE REPORTED WITH FEDEX TRADE NETWORKS IN FEDEX EXPRESS SEGMENT EFFECTIVE MARCH 1.FEDEX - NEW CO CALLED FEDEX FORWARD DEPOTS WITH RESPONSIBILITY FOR CRITICAL INVENTORY & SERVICE PARTS LOGISTICS, 3-D PRINTING, REPAIR CENTER.

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