Some say Airborne (ABF ) is the third horse in a two-horse race between United Parcel Service and FedEx. Indeed, as No. 3 in the express delivery business, Airborne is way behind: In 2000, Airborne’s sales were $3.3 billion, vs. $29.7 billion at UPS and $18.2 billion at FedEx. But that could change: Air-cargo sources whisper that Germany’s DHL Worldwide Express has held informal talks with Airborne about acquiring a minority stake.
Read MoreFedEx earnings dropped 55 per cent in the fiscal fourth quarter as demand for express shipments from technology and durable goods companies – its most important customers – shrank considerably amid a weakening US economy. The Memphis-based carrier also warned it would do no better in the first quarter and predicted earnings at the lower end of analysts’ estimates, currently around 25 cents per share.
Read MoreThe Royal Mail has embarked on a nationwide fully integrated
campaign aiming to emphasise the importance of integrated marketing
for successful e-commerce. The press-only campaign is to feature in
all national broadsheets as well as financial and marketing titles,
such as Marketing Week and The Economist, with adverts driving
traffic to the Royal Mail website.
Letters could be collected and delivered by milkmen or supermarkets under plans to increase competition in postal services, it was suggested yesterday.
Read MoreBritain’s new postal regulator has ruled that the Royal Mail’s obligation to deliver to every address in the country is a net benefit and that even deliveries to remote rural areas are profitable. The findings mean that PostComm is likely to sanction much more extensive competition to the Royal Mail’s postal monopoly than previously thought.
Read MoreThe German parliament yesterday approved a law extending until 2007 the monopoly on letters delivery of the Deutsche Post, Germany’s dominant postal and logistic group
Read MorePlymouth businessman Charles Howeson was appointed on January 1 to spearhead the newly created South West branch of the Consumer Council for Postal Services (CCPS).
Read MoreWill the name Consignia really help the Post Office to reshape itself and move forward?
Read More
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