Map of the world

Will universal postcodes simplify delivery?

Will universal postcodes simplify delivery? According to techcrunch.com, “London-based addressing platform startup, what3words, which has created a universal postcode/zip code alternative aimed at simplifying location sharing, has taken in new funding led by logistics company Aramex”. Presently, countries do not share a common postcode/zipcode format, making it more difficult for developers of logistics and courier software to apply common rules…

Stocks and shares on a computer screen

FedEx holds 98.45% TNT Express shares

FedEx holds 98.45% TNT Express shares According to logistics website Post and Parcel: “The post-closing acceptance period for the FedEx/TNT offer ended yesterday (1 June), leaving FedEx holding 98.45% of all TNT Express shares”. Once the statutory buy-out proceedings are completed, FedEx will own 100% of TNT Express. The statutory buy-out will start during third calendar…