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Little acorns
Page 15
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• New parcels company FRX International of Hounslow, Middx, claims its prices are 10% lower than any other parcels company. It operates five Ford Escort vans with 20 staff and plans to expand its workforce to about 80 when it moves to the Enfield area later this year. Managing director Ian Sayer plans to set up franchises throughout Europe and predicts that the company will become "the largest and most efficient parcels courier in the world".
Mail MAN cometh
• MAN Volkswagen has won its first order from Royal Mail Parcels, for 30 Vaile-bodied Volkswagen LT50 turbo-diesel vans worth £300,000 and three MAN F90 tractive units worth £120,000.
Boosting profits
• Strong demand for Lucas Industries' automotive and industrial goods has helped lift pre-tax profits by 37% to £72.4 million in the six months to 31 January.
Paper chase
• United Transport subsidiary FC Bennett has won a I2-month road/rail contract with paper manufacturer Wiggins Teape to distribute jumbo reel base paper from Fort William in Scotland, in collaboration with British Rail.