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Lynx Express
Lynx Express (stylised as Lynx Express) was a courier (parcel delivery) company operating principally in the United Kingdom. It was acquired in July 2005 by UPS. History The company's history dates back to the nationalisation of the British Railways after World War II. Each of the pre-nationalisation companies had formed a local delivery network, based on lorries and vans, to extend the railway to customers' doors, thus enabling parcels and light freight to be delivered in the control of the railway company. In 1955, these services were amalgamated to form a division of British Road Services, known as BRS Parcels. Those amalgamated companies handling rail transport became known as National Carriers, while BRS Parcels became Roadline. In 1982, the Conservative Government led by Margaret Thatcher privatised these services, making shares in the newly formed National Freight Corporation available to employees at a price that proved to undervalue the company when they were floated ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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Exel
Exel was a supply chain and logistics company operating in North America and Europe, which became a subsidiary of the German firm Deutsche Post in 2005. It reported annual revenues of about $4.2 billion in February 2012. History The company has its origins in several independent warehouse and transportation management companies in the United States which were acquired in 1985 by NFC plc (formerly the National Freight Corporation, the nationalised transportation business in the United Kingdom created by the post war Labour government). The new company was re branded ''Exel'' and the Americas headquarters was established in Westerville, Ohio, in 1992. By the year 2000, Exel had grown and expanded operations to include Canada, Latin America and South America. Its portfolio of solutions also grew to include transportation management, freight consolidation, contract packaging, contract manufacturing, demand planning and other supply chain services. In May 2000, NFC plc merged ...
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1955 Establishments In The United Kingdom
Events January * January 3 – José Ramón Guizado becomes president of Panama. * January 17 – , the first nuclear-powered submarine, puts to sea for the first time, from Groton, Connecticut. * January 18– 20 – Battle of Yijiangshan Islands: The Chinese Communist People's Liberation Army seizes the islands from the Republic of China (Taiwan). * January 22 – In the United States, The Pentagon announces a plan to develop intercontinental ballistic missiles (ICBMs), armed with nuclear weapons. * January 23 – The Sutton Coldfield rail crash kills 17, near Birmingham, England. * January 25 – The Presidium of the Supreme Soviet of the Soviet Union announces the end of the war between the USSR and Germany, which began during World War II in 1941. * January 28 – The United States Congress authorizes President Dwight D. Eisenhower to use force to protect Formosa from the People's Republic of China. February * February 10 – The United States Seventh Fleet hel ...
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Transport Companies Disestablished In 2005
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may incl ...
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Transport Companies Established In 1955
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may incl ...
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Logistics Companies Of The United Kingdom
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed. Logistics management is the part of supply chain management and supply chain engineer ...
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Atlanta Business Chronicle
The ''Atlanta Business Chronicle'' is a weekly newspaper covering business news in Atlanta, Georgia, published by American City Business Journals. The paper has both a weekly print edition and an online edition. History The ''Atlanta Business Chronicle'' was founded in 1978 by Bob Gray and Mike Weingart. Gray, the publisher, and Weingart, the newspaper's first editor, had previously founded the ''Houston Business Journal''. In 1980, the company Scripps Howard (now E. W. Scripps Company) bought the Cordovan Corporation, which owned the ''Atlanta Business Chronicle'' and other business newspapers. From 1980 to 1983, Carol Carter served as the paper's editor. In 1986, the ''paper'' was sold to American City Business Journals. In 1988, the ''Atlanta Business Chronicle'' was the first to break the major story that the Sumitomo Life Insurance Company was buying the IBM Tower (One Atlantic Center) for $300 million. At the time, the editor of the paper was Anita Sharpe. Under Sharpe ...
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The Railway Magazine
''The Railway Magazine'' is a monthly British railway magazine, aimed at the railway enthusiast market, that has been published in London since July 1897. it was, for three years running, the railway magazine with the largest circulation in the United Kingdom, having a monthly average sale during 2009 of 34,715 (the figure for 2007 being 34,661). It was published by IPC Media until October 2010, with , and in 2007 won IPC's 'Magazine of the Year' award. Since November 2010, ''The Railway Magazine'' has been published by Mortons of Horncastle. History ''The Railway Magazine'' was launched by Joseph Lawrence and ex-railwayman Frank E. Cornwall of Railway Publishing Ltd, who thought there would be an amateur enthusiast market for some of the material they were then publishing in a railway staff magazine, the ''Railway Herald''. They appointed as its first editor a former auctioneer, George Augustus Nokes (1867–1948), who wrote under the pseudonym "G. A. Sekon". He quickly bui ...
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Red Star Parcels
Red Star Parcels was a service which used passenger trains for transporting parcels between passenger railway stations throughout the United Kingdom, owned and operated by British Rail. It was introduced experimentally on 1 April 1963. Senders could despatch their consignments to selected stations at which the parcels were collected by the recipient. The service used scheduled trains, and as such, was one of the fastest methods of transporting a package long distances around the country. Red Star Parcels no longer trades, although signage bearing the logo of Red Star can be seen at railway stations across the United Kingdom, including; Bradford Interchange, Bournemouth Central, Birmingham New Street, Brighton, Littlehampton, London Euston, York, Derby, Stoke-On-Trent, Stafford, Southend Victoria railway station, Southend Victoria, Great Yarmouth railway station, Great Yarmouth and more. In 2011 the service concept was revived by new startup 5PL Ltd, initially carrying pa ...
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Bridgepoint Capital
Bridgepoint Group plc is a British private investment company listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Bridgepoint was founded as NatWest Equity Partners, a private equity firm part of NatWest. The firm was renamed Bridgepoint Capital in May 2000 following a management buyout. In May 2001, Bridgepoint closed its first fund following its independence from NatWest. The fund closed at €2 billion, and made its first investments in WT Foods, Virgin Active and Hydrex. The firm closed its Europe II fund in 2001 and its Europe III fund in 2005. Bridgepoint closed its Europe IV fund in 2008 for €4.8 billion. In 2011, the firm was renamed Bridgepoint Advisers. In March 2015, Bridgepoint closed its latest €4 billion Bridgepoint Europe V fund, bringing to €20.5 billion the amount of committed capital raised to date. In August 2018, Dyal Capital Partners acquired a minority stake in Bridgepoint. In 2021 Bridgepoint closed its £ ...
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Ocean Group Plc
Ocean Group plc was a major British transport business. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index. History The company was founded by Alfred Holt and Philip Holt, as the ''Ocean Steamship Company'', to provide a steamship service known as the ''Blue Funnel Line'', between the United Kingdom and China. It was generally known as ''Holts'' and had a trademark blue funnel on its ships. For many years it used Swire Group as it shipping agents. In 1947 it formed Malayan Airways. It was first listed on the London Stock Exchange in 1965. In 1969, it joined forces with British & Commonwealth Holdings, Furness Withy, and P&O to form Overseas Containers Limited to exploit the introduction of containerization. In 1972, it acquired ''William Cory'', a major shipping agent, and the following year, it changed its name to ''Ocean Transport & Trading''. In 1986, it withdrew ''Overseas Containers Limited'' and in 1990 it renamed itself ''Ocean Gro ...
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United Parcel Service
United Parcel Service (UPS, stylized as ups) is an American multinational corporation, multinational package delivery, shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown to become a Fortune 500 company and one of the world's largest shipping couriers. UPS today is primarily known for its ground shipping services as well as the UPS Store, a retail chain which assists UPS shipments and provides tools for small businesses. In addition, UPS offers Air cargo, air shipping on an overnight or two-day basis and delivers to post office boxes through UPS SurePost, a subsidiary that passes on packages to the United States Postal Service for Last mile (transportation), last-mile delivery. UPS is the largest courier company in the world by revenue, with annual revenues around US$85 billion in 2020, ahead of competitors DHL and FedEx. UPS' main international hub, UPS Worldport i ...
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