Tag: Courier/Express/Parcels

FedEx reports solid first quarter revenue growth

Posted by | Sep 17, 2003 | |

FedEx Corporation has reported earnings of $0.42 per diluted share for the quarter ended August 31, including $0.27 per diluted share of costs associated with the previously announced realignment of the FedEx Express business through early retirement and severance programs and a one-time benefit of $0.08 per diluted share resulting from a court ruling in favor of the company over the tax treatment of jet engine maintenance costs. Excluding these costs and one-time benefit, earnings for the first quarter were $0.61 per diluted share. In last year’s first quarter, earnings were $0.52 per diluted share.

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Spanish Courier Industry Forecasts 4.465 Bln Euro Turnover for 2003

Posted by | Sep 16, 2003 | |

Spanish courier industry forecasts a 4.465 bln euro ($5.048 bln) turnover for 2003, up 8.8 pct year-on-year, Spanish consultancy DBK said.

The forecast year-on-year increase in turnover for 2004 stands at 10 pct. Delivery of business parcels will register a 9.5 pct year-on-year rise in turnover in 2003. The turnover from delivery of business parcels is expected to rise by 10.7 pct year-on-year to 2.96 bln euro ($3.346 bln) in 2004. Delivery of industrial parcels will register a 7.7 pct increase in turnover in 2003 and 8.9 pct in 2004.

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Amtrak Express Parcels adds two new options

Posted by | Sep 15, 2003 | |

Amtrak Express Parcels has added two new options to its express delivery product portfolio.

The first sees the company extend its working day from 8.30am until 8.30pm, or customers can choose a delivery time window between 5.30pm and 8.30pm. “This marks the end of one of the commonest complaints surrounding home deliveries – waiting in all day for a parcel, ” said a spokesperson.

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UK express market will stay buoyant, but growth slows

Posted by | Sep 15, 2003 | |

The UK market for express deliveries is set to remain “buoyant” according to a new report published by Market and Business Development (MBD).
However, the pace of growth between 2004 and 2008 is forecast to be slower than over the last four years, mainly because of slower global economic growth.

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