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Encyclopedia > LYNX Express

LYNX Express is a courier (parcel delivery) company operating principally in the United Kingdom. It was acquired in September 2005 by UPS. A courier is a person or company employed to deliver messages, packages and mail. ... United Parcel Service Inc. ...

Contents

History

LYNX Express history dates back to the privatisation of the British Railways, post 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 the customers door, thus enabling parcels and light freight to be delivered in the control of the railway company. British Railways (BR), later rebranded as British Rail, ran the British railway system, from the nationalisation of the Big Four British railway companies in 1948 until its privatisation in stages between 1994 and 1997. ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000...


After nationalisation, and following various guises in between, these services were amalgamated to form a division of British Rail Services, known in its shortened version of BRS Parcels. Together with the UK government-owned national road transporter National Carriers, the company was privatised as BRS Road Services as part of National Freight Carriers in the late 1980s under policy of Margaret Thatcher's Conservative government. Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC (born October 13, 1925), former Prime Minister of the United Kingdom, in office from 1979 to 1990. ... The Conservative Party (officially the Conservative and Unionist Party) is the second largest political party in the United Kingdom in terms of sitting Members of Parliament (MPs), the largest in terms of public membership, and the oldest political party in the United Kingdom. ...


After privatisation, BRS purchased British Rail's remaining local delivery asset, Red Star parcels. The resulting company, now encompassing three different road transport organisations, was renamed LYNX Express. Following the launch of LYNX, it eventually achieved that goal in the late 1990s, still under its privatised NFC parent. However, it was promptly sold off, achieving its current status. The acquisition of Red Star followed soon afterwards.


1990s through 2005

Lynx Express is a smaller operator in the UK parcel delivery market place. Its infrastructure has been underfunded for many years and as such, cannot offer as great of competition, either on price or service standards, as its competitors.[citation needed]


In the late 90s, early 00s, when they reached the capacity of their sortation systems at their network hubs and their driver network was at the limits of its abilities to deliver the traffic, LYNX upped its prices in order to lose accounts with less desirable traffic. Unfortunately, its delivery performance across the network was so poor, customers left and prices rose.[citation needed]


The average LYNX driver on a rural run will cover an area of 450-550 square miles.


Purchase by UPS

In September 2005, LYNX was acquired by Atlanta, Georgia based UPS for £55.5 million (US$97.1 million). At the time, LYNX was one of the UK's largest independent parcel carriers, majority owned by private equity firm Bridgepoint Capital. It had sales of $295 million (£170 million) for the fiscal year ended 2 October 2004 [1] This article is about the state capital of Georgia. ... United Parcel Service Inc. ... There are very few or no other articles that link to this one. ... October 2 is the 275th day of the year (276th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...


External links


  Results from FactBites:
 
LYNX Express: Information from Answers.com (443 words)
LYNX Express is a courier (parcel delivery) company operating principally in the United Kingdom.
Lynx Express is a smaller operator in the UK parcel delivery market place.
At the time, LYNX was one of the U.K.'s largest independent parcel carriers, majority owned by private equity firm Bridgepoint Capital.
  More results at FactBites »

 

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