GLS, Royal Mail’s parcels subsidiary, today opens a new EUR 4.5 million parcels distribution hub atUzerche, near Brive en Corrèze in the South-West of France, to take the number of main centres it
has in the country to four.Most of the traffic will be local, a response to new speed limits that came in to force inFrance yesterday limiting lorries over 3.5 tonnes to 90 kilometres per hour, the company said in astatement.
The new technology hub, a building of 3,000 sqm on land of 40,000 sqm, will sort 25,000parcels a day for the south-west region and 10,000 for delivery in the rest of France. It has 55quays, 40 for HGVs and 15 for smaller vehicles. It follows the opening of GLS’s hub in Roquemaure,near Avignon, last year, and adds to two others in Fleury and Beaune.
The French hubs are part of EUR 100 million that GLS is investing in Europe during 2006-2007to expand further its network of 31 hubs, 645 depots and 12,000 workers in 34 countries. It iscurrently investing a total of EUR 45 million in the construction of new installations in France,Hungary, Denmark, Germany and Poland.
Last year the company had revenues of EUR 1.5 billion and is aiming to increase revenues by6.7% in the fiscal year ending March 31, 2007.
