Tag: Courier/Express/Parcels

US FedEx sells USD 1.6 billion of notes

FedEx Corp has sold USD 1.6 billion of debt in three parts, market sources said, in a transaction that will help the global delivery company pay for its first-quarter acquisition of copy-center operator Kinko’s. The air express delivery group, based in Memphis, Tennessee, used short-term borrowings to help fund the USD 2.4 billion acquisition in February, and will pay down those borrowings with the proceeds from these notes, according to a statement from Moody’s Investors Service on Monday.

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Courier companies to invest Pesos 800mil this year in Mexico

The package and mail courier companies who operate in Mexico, such as Aeromexpress Cargo, Airborne, DHL, Fedex, UPS, Servicio Continental de Mensajeria and Pegaso are planning to invest Pesos 800mil this year in equipment updating , says the industry organization, ANMEC (Asociacion Nacional Mexicana de Empresas Courier).

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Lynx Express launch new Home Delivery service

Lynx Express, one of Britain’s largest independent parcels carriers, has entered the home delivery sector with the launch of ‘LYNX@Home’ a new commercial arrangement with retail giant Redcats UK. The LYNX@Home service will utilise the Redcats Courier Link home delivery courier network for its last mile deliveries. LYNX will be responsible for sales, collection, pre-sortation, billing and POD. Initially a standard 48 hour service will be offered. Lynx will deliver goods to Redcats couriers within a pre-set time window every day.

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Lynx Express opens new purpose-built branch in Inverness

Lynx Express, makes further expansions to its’ UK branch network facilities with the opening of a new, purpose built branch, in Inverness to meet the anticipated growth of business in the area. The new purpose built branch, is located on the Dalcross Industrial Estate, Inverness within close proximity to Inverness Airport, and replaces the company’s existing branch in Carsegate, Inverness. The new 8,000 sq ft branch has 12 loading bays and offers more modern and spacious facilities as well as an improved location, to enable LYNX to both meet the current needs of its existing customers and fulfil the anticipated growth of business in the area.

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Brazilian DHL Express’ revenue increases 13% in 2003

Brazilian branch of DHL Express, transportation and logistics company owned by Deustsche Post World Net, increased revenue by 13% in 2003. According to a representative of the company, the rise was due to the company’s import and export services to markets such as the US, China, Argentina and the EU.

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