Avnet Inc. has chosen FedEx to handle the bulk of its domestic and international shipments of electronic components, embedded systems and computing products to Avnet’s industrial customers in 68 countries. FedEx Express will handle domestic and international express deliveries, while FedEx Ground will handle domestic ground deliveries.
Read MoreInternational air mail will soon find it easier to reach China, as a new hub for air mail transfer with the largest handling capacity in the country broke ground.
China has invested 100 million yuan (some 12 million US dollars) in the project, to be located at the Beijing Capital International Airport and go into operation in the first half of next year.
Read MoreA respected national opinion survey has cited UPS for building one of the top corporate reputations in America.
The new survey ranked UPS second overall for corporate reputation among the 60 most visible companies in the United States. Conducted annually by Harris Interactive and the Reputation Institute, the 2003 survey was released Thursday 19th February.
Read MoreA plan to maintain the current nationwide network of post offices by offering new administrative functions and services was stressed Tuesday by the Council on Economic and Fiscal Policy as the council resumed debate on the privatisation of three postal services.
However, the treatment of special post offices, which comprise about three-quarters of the nation’s post offices, and their high personnel costs, is another major issue in the debate.
Read MoreABP 2003 Results
Read MoreQatar’s General Postal Corporation (Q-Post), as part of its expansion programme, plans to offer the e-resident services from all the 24 post offices in Qatar before the end of this year, Abdulla Al Hajri, head of public relations and customer services said.
Q-Post will also launch the facility of paying electricity and water bills at its branches within the next couple of weeks, he added.
Read MoreAutomatic vending machines that will enable Postal Authority customers to dispatch and receive registered mail will soon be installed at 10 locations around Israel as a pilot project.
Authority director-general Yossi Shelli said that the machines, which cost NIS 45,000 each, will provide postal services seven days a week, 24 hours a day, without waiting in line. Similar machines are used in the US and are being tested in England, Germany, and France.
Read MoreTPG reports a solid 2003 reflected in record cash flow and a new strategy focuses on China and group synergies. Highlights include dividend increased by 20%, solid underlying growth in line with outlook, strong Mail and Express performances and restructuring costs and savings in Logistics in line with previously announced levels.
The new corporate strategy aims to capture group synergies of EUR200-300 million per year with accelerated growth in China from current platforms and up to 150 managers to be deployed.
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