Exel

Exel plc is a British based logistics company. Its headquarters are in Bracknell, Berkshire, to the west of London. It operates in over a hundred countries. Turnover for the year to 31 December 2004 was £6.239 billion.

The business was formed by the merger in May 2000 of Ocean Group plc (which was renamed Exel plc) and Exel plc (formerly NFC plc, which used to be National Freight Consortium, the nationalised UK transportation business created by the post-war Labour government).

On 13 December 2005 [ [http://finanzberichte.dpwn.de/2006/ar/consolidatedfinancialstatements/notes/basisofaccounting/consolidatedgroup/logistics.html Deutsche Post Annual Report 2006 - LOGISTICS ] ] Deutsche Post World Net announced the completion of the acquisition of Exel plc, becoming the global No. 1 in air freight, ocean freight and contract logistics. Consequently Exel's stock listing on the London Stock Exchange was cancelled as of 13 December 2005.

Exel now trades as "DHL Exel Supply Chain".

ee also

* Deutsche Post
* DHL

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References