Tag: Courier/Express/Parcels

FedEx Corp. first quarter earnings expected to exceed guidance

Posted by | Sep 9, 2008 | |

FedEx Corporation announced that it expects to report earnings of USD 1.23 per diluted share for the first quarter ended August 31. Previous earnings guidance was USD 0.80 to USD 1.00 per diluted share. For fiscal 2009, the company reaffirmed its earnings guidance of USD 4.75 to USD 5.25 per diluted share, as weaker macroeconomic conditions offset better-than-expected first quarter results. This outlook assumes current fuel prices.
“First quarter results benefitted from lower-than-expected fuel costs late in the quarter and stringent cost management,” said Alan B. Graf, Jr., Executive Vice President and Chief Financial Officer. “While sustained declines in fuel prices could improve our full-year outlook, the slowing economic growth trends in the U.S. are now extending to other areas of the global economy. As a result, we have reduced our planned capital investments by USD 400 million, to USD 2.6 billion for fiscal 2009.”

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GLS launches returns service in Germany

Posted by | Sep 9, 2008 | |

GLS has launched a new service in Germany named ShopReturn for easy management of return shipments in the B2C mail-order market.

ShopReturn allows customers of mail-order companies as well as the mail-order business itself efficient and easy management of return shipments by enabling customers to hand in their return shipments at any of the 5,000 GLS parcel shops in Germany.

Those mail-order firms who make use of ShopReturn attach a return label with the parcel in advance so the customer can adhere this to the return shipment. After the customer hands in the parcel at a GLS parcel shop, GLS delivers the return shipment back to the mail-order company within 24 hours.

GLS said that it will only charge shippers the costs of actual returns. There is no return charge for the customer.

The launch of the ShopReturn service is part of the company’s extended B2C development strategy using its network in Germany as alternative delivery points when private customers are not at home to receive their shipments. The new service responds to the boom in online orders from e-commerce.

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DHL new express service begins in the Caribbean and Bermuda

Posted by | Sep 8, 2008 | |

DHL launched its new express delivery, time definite service in five countries in the region: DHL Express 10:30 am for deliveries to the United States.

Caribbean customers can now enjoy the assurance and security of knowing delivery times while experiencing the added comforts of a money back guarantee, said DHL, one of the world’s leading express services and logistics companies.

The new morning express delivery service addresses the needs of customers that require time definite deliveries, giving them the option of when and at what time they wish their time-sensitive materials to arrive at their destination, DHL added.

This new offering is available to customers and companies that ship to key business centres in the United States from Bahamas, Bermuda, Cayman Islands, Dominican Republic, Haiti and Jamaica.

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FedEx scrapping four flights a week from Manchester to US

Posted by | Sep 8, 2008 | |

FedEx is cutting services from Manchester Airport just a year after its widely-publicised introduction.

Four direct flights a week between FedEx’s super hub in Memphis and Manchester on a wide-bodied Boeing MD 11 aircraft are to be scrapped and replaced with feeder flights to Stansted on a much smaller ATR 72 aircraft.

Last year, the company took out advertisements at poster sites and in the business press with the strapline “From the M66 to Route 66 by 10.30 next day”, but the changes to the service mean that businesses in Manchester will no longer benefit from next-day deliveries of larger freight goods to the US.

Services for smaller packages, under 68 kilos, will not be affected by the changes but some customers in the Manchester area may have earlier cut off times to deliver their packages to FedEx depots.

FedEx said none of its 84 employees in Greater Manchester would be losing their jobs as a result of the shake-up, but two workers at the airport were being relocated to the Manchester depot.

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DHL's expanded Central Asia Hub in Hong Kong

Posted by | Sep 8, 2008 | |

Situated at the Hong Kong International Airport, the expanded CAH is one of the main intercontinental hubs in DHL Express’ global air network, connecting the Asia Pacific region with the other regions in the world. It will also serve as one of the main Asian bases for DHL’s airline partners Polar Air and AeroLogic who will operate growing transpacific and Euro-Asian trade lanes from October this year and spring 2009 respectively.

The CAH in Hong Kong is DHL Express’ main regional hub in Asia Pacific. It serves as one of the region’s main gateways to China and as a catchment area for the Pearl River Delta area, one of China’s main manufacturing bases. CAH is also the home base for Air Hong Kong, our JV with Cathay Pacific.

Dan McHugh, CEO, DHL Express Asia Pacific said that at present, over 60 per cent of express cargo processed by the Central Asia Hub is intra-Asia Pacific shipments and the figure is expected to continue growing alongside rising intra-regional trade.

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