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Alibaba Invests in Chinese Logistics Company YTO Express

2015-05-15 10:31:15| Logistics - Topix.net

YTO Express, which was founded in 2000, is one of 14 logistics partners that Alibaba's affiliate Cainiao works with to deliver products from its online marketplaces. It services more than 2,300 Chinese cities and is one of only three logistics companies in the country that is licensed for aviation logistics, which it began offering last year.

Tags: company express chinese logistics

Acrosser Is Ready for Computex with Its Brand-New Vehicle Computer and COM Express Modul

2015-05-12 12:31:16| Industrial Newsroom - All News for Today

ACROSSER Technology, a world-leading in-vehicle computer manufacturer, is pleased to announce that we have completed preparation for Computex Taipei , which will be held from June 2 to June 6, 2015. At Computex, the largest ICT event in Asia, Acrosser will be greeting visitors with a demonstration of our latest...

Tags: computer express ready vehicle

Update on the Intended Offer by FedEx for TNT Express

2015-05-01 08:42:12| Air Courier - Topix.net

This is a joint press release by FedEx Corporation and TNT Express pursuant to Section 7 paragraph 1 sub a of the Decree on Public Takeover Bids in connection with the intended public offer by FedEx Corporation for all the issued and outstanding ordinary shares in the capital of TNT Express N.V. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in TNT Express N.V. Any offer will be made only by means of an offer document. This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, Canada.

Tags: offer update express intended

FedEx target TNT Express posts fourth consecutive quarterly loss

2015-04-29 04:14:08| Air Courier - Topix.net

A couple of weeks after its acquisition by Memphis-based FedEx Corp. was announced , TNT Express NV reported its fourth consecutive quarterly loss. According to Bloomberg , the company, which reported its first quarter 2015 earnings this week, had a loss of $21 million for the first quarter, compared to net income of more than $2 million in the first quarter of 2014.

Tags: posts express loss target