Deutsche Post is to raise prices for packages by 8 cents per shipment as it anticipates a European Union decision to charge trucks toll rates. The price hikes come into play as of September on the companys national, international, Europremium, Express Paket, Officepack and Express Brief services.
Read MoreRecently, UPS published its financial report of the second quarter of 2003. The statistics show that the performance of UPS in Chinese market increased by 45% over that in the same period of 2002, exceeding an average growth rate of 15% in whole Asia.
Read MoreThe judge overseeing a year-long legal battle between a once German-owned US cargo airline and the delivery giants FedEx and United Parcel Service has removed himself from the case after being accused of xenophobia.
Miami-based Astar Air Cargo, previously called DHL Airways, had charged in a motion that Administrative Law Judge Ronnie Yoder should step down because he had wildly exceeded his mandate and openly favoured FedEx and UPS in discovery and other matters.
In the document, Astar sought to disqualify the judge, accusing him of “deep-seated personal bias” and “xenophobia”.
Read MoreFederal Express Corp. has added Iraq to its global network, offering door-to-door pick up and delivery for shipments in and out of the cities of Baghdad, Basra and Mosul. “Iraq has the potential to be one of the fastest growing economies and will require integrated end-to-end transportation solutions,” said Hamdi Osman, regional vice president, FedEx Middle East, Indian Sub-Continent and Africa.
Read MoreAt 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.
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