At its annual meeting this week in Seattle, Airborne Inc. will count shareholder ballots cast in the proposed merger between Airborne and Deutsche Post owned DHL. If approved, the merger will cause the spinoff of Airborne’s air arm, ABX Air, into a publicly traded company.
Read MoreA government case testing U.S. airline ownership limits that was prompted by complaints from UPS and FedEx has become so bitter and entangled that a judge is taking the matter behind closed doors, officials said on Monday.
Transportation Department Administrative Law Judge Ronnie Yoder has ordered that the Aug. 19 hearing on the ownership structure of Astar Air Cargo, formerly DHL Airways, be conducted in secret. A preconference hearing to set out a schedule for evidence and testimony for the upcoming proceeding will be held on Wednesday and will be open to the public, according to Yoder’s order issued late on Friday.
FedEx Freight has opened a service center in Newburgh, New York, to significantly expand the carrier’s capacity in the Northeast. The new service gives shippers next-day and second-day service throughout the Northeast as far south as Baltimore. The 48-acre facility is located 40 miles north of New York City and is equipped with 120 doors and a three-bay maintenance shop.
Read MoreAPC Overnight has moved into a new hub at Essington, Cannock – its fourth move in nine years. The warehouse and office complex has almost tripled in size to 9,000sq metres and is designed to cope with a current 40% growth rate.
Read MoreBrazil’s Banco do Brasil (BB) signed a contract Wednesday with the country’s federal postal system ECT to sell export services to small- and mid-sized companies via the Internet, the government-controlled bank said in a statement. The two federally run entities will integrate their databases to speed up shipping of merchandise worth up to USD10,000. BB clients will be able to handle all the orders and bureaucracy over the Internet, the statement said.
Read MoreForeign firms see an opportunity to move in as a strike seems inevitable.
The Royal Mail is in a dispute with the postal unions that could turn the clock back to the disastrous industrial relations of the 1970s.
Evoking the image of British Leyland is guaranteed to send a shiver down the spines of managers and directors. And yet that is what management at Royal Mail is doing.
Read MoreCrucial talks aimed at averting the first national strike by postal workers in seven years will be held tomorrow. Leaders of the Communications Workers Union will meet Royal Mail managers at the conciliation service Acas in a bid to resolve a row over pay. The union has accused the Royal Mail of being “dishonest” by claiming that the latest offer was worth 14.5% over 18 months. The Royal Mail, which is losing GBP750,000 a day, insisted that the offer was worth 14.5% although it was linked to some productivity changes. Some of the extra money is tied to the introduction of single mail deliveries.
Read MoreThe left-wing postal union leader behind calls for a national strike has received a 23% rise in his annual pay – 10 times the rate for the postmen he represents.
The increase for Billy Hayes, 40, a former postman from Liverpool who is now general secretary of the Communication Workers Union, is worth an extra £13,461 a year, more than the average annual pay of a postal delivery worker.
His latest pay packet, which has emerged in newly released accounts, rose to £72,210 in 2002. Hayes’s total package was worth £115,000 because the union also paid more than £40,000 into his pension.
His new deputy, Dave Ward, is also thought to be receiving a package worth more than £100,000, prompting accusations that the pair are benefiting from the very “fat cat” pay packages that their union has publicly disparaged.
Hayes claimed not to know how much he was paid, though the union files details to a government department. “I can’t remember but I didn’t think it was that much,” he said. Ward was unavailable for comment.
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