Author: Archive

The door-to-door believers

Posted by | Feb 12, 2004 | |

Used by 84 of the nation’s top 100 advertisers, door-drops are steadily gaining momentum.

While some marketing media have been hit hard by diminishing budgets, the door-to-door sector has experienced strong and steady growth in the past few years. And the number of big advertisers won over by the medium is impressive.

Of the top 100 advertisers in 2002, 84 used door-drops as part of their marketing mix, according to Campaign magazine. In 1997, it was just 23.

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UPS board increases quarterly dividend

Posted by | Feb 12, 2004 | |

The Board of Directors of UPS, citing the company’s performance in 2003 and its continued positive outlook for 2004, have increased the quarterly dividend from 25-cents per share to 28-cents per share on all outstanding Class A and Class B shares. The increase is the second dividend boost in the past 12 months. Since February 2003, the quarterly dividend has increased 33%, from 21-cents per share.

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Cathy Ross named new FedEx Express Chief Financial Officer

Posted by | Feb 12, 2004 | |

FedEx have named Cathy Ross chief financial officer for FedEx Express, replacing Tracy G. Schmidt.

“Cathy’s career has been characterized by clear demonstrations of leadership skill and by consistent achievement of results,” said David J. Bronczek, FedEx Express president and CEO. “Her contributions have significantly aided the company.”

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Parcelforce Worldwide (UK) invests in customer experience

Posted by | Feb 12, 2004 | |

Parcelforce Worldwide has introduced a range of new services to improve the all-round collection and delivery experience for its business customers across the UK. The move follows a successful restructure of the business that has driven up its quality of service to its highest level for a decade and cemented its position as one of the UK’s leading providers of express, time-guaranteed delivery services. Parcelforce Worldwide, which consistently delivers 98 per cent of items on time, has invested in its web, tracking and customer enquiry operations to give its thousands of business customers even greater access to its range of services.

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FedEx Completes Acquisition of Kinko’s; Strategic Move allows FedEx To Capitalize on Key Business Trends

Posted by | Feb 12, 2004 | |

FedEx Corporation today announced it has completed the USD2.4 billion acquisition of Kinko’s, Inc. from Clayton, Dubilier & Rice, Inc., which previously owned the majority of Kinko’s outstanding shares. “FedEx and Kinko’s share a similar heritage, culture and commitment to superior service, and together we will give our customers even greater access to the global marketplace,” said Frederick W. Smith, chairman, president and chief executive officer of FedEx Corp. “This combination will allow us to increase access to FedEx shipping services and capitalize on key business trends, including cost-effective corporate outsourcing, digital document management and connectivity for the mobile professional. At the same time, this acquisition is consistent with our long-term financial goals and will help FedEx continue to deliver shareholder value.”

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La Poste prepares for launch of postal bank

Posted by | Feb 12, 2004 | |

La Poste, the French postal service, is preparing for the planned launch of its banking subsidiary in 2005. The main difficulty for the company is expected to be the provision of capital for the new bank; it has been estimated that La Poste would be able to provide up to 3bn euros in equity capital for the bank. This is thought to be sufficient to comply with the regulations.

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Deutsche Post denies UK mail talks news digest

Posted by | Feb 12, 2004 | |

Deutsche Post, the German postal operator that aims to break into the UK market, said it was “encouraged” by the agreement struck on Tuesday between Royal Mail and its private sector rival Business Post. Following years of on-off negotiations, Royal Mail has agreed to deliver business letters previously collected, transported and sorted by Business Post – through its subsidiary UK Mail – for 13p each. Tony Allsop, head of Deutsche Post’s UK operations, denied it was in talks over a similar deal.

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