Tag: Courier/Express/Parcels

UPS Board increases dividend

The UPS Board of Directors today increased the regular quarterly dividend to USD 0.45 per share from USD 0.42 on all outstanding Class A and Class B shares as a sign of its confidence in the company’s growth prospects and financial strength.

The dividend is payable March 4, 2008, to shareholders of record on Feb. 11, 2008.

UPS’s dividend has more than doubled since February 2003. The company has either increased or maintained its dividend every year for almost four decades.

The Board also approved an earlier payment schedule for the dividend typically declared in November. Beginning this year and going forward, that dividend will be paid in December instead of the following January. The actual payment date will be determined at the November meeting of the Board.

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EPA recognizes FedEx as leader in renewable energy use (U.S)

FedEx Kinko’s and the FedEx Express Oakland Hub were today recognized by the Environmental Protection Agency’s (EPA) Green Power Partnership program as one of 53 Fortune 500 companies investing in green power.

Nearly a year ago, EPA asked Fortune 500 companies to collectively invest in more than 5 billion kilowatt hours (kWh) of green power – electricity that is generated from environmentally renewable resources, such as wind and solar. Today EPA announced that the program exceeded its goal by 130 percent.

The FedEx Express Oakland Hub Facility – a solar electric hub since 2005 – contributed to the goal by generating more than 1.2 million kilowatt-hours (kWh) of green power, which can supply up to 80 percent of the facility’s peak energy demand, the equivalent of power used by more than 900 homes during the daytime. The Express Oakland Hub was one of only eight Fortune 500 companies on EPA’s list that acquires green power through an on-site renewable energy system, an innovative and proactive way to help protect the environment.

FedEx Kinko’s ranked on EPA’s Top 10 Retail list with more than 76 million kWh of green power or 32 percent of FedEx Kinko’s total energy consumption. Over 785 FedEx Kinko’s locations in 38 states purchase energy from renewable sources such as wind and solar.

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French lingerie firm selects Chronopost Comfort

French high-quality underwear producer, Armor Lux, has selected Chronopost’s “comfort” product for its domestic and foreign express shipments, the La Poste express subsidiary said.

Chronopost has delivered about 5,000 express deliveries a year for the company since 2004, of which 50 pct are shipped into foreign countries. Through the partnership Armor Lux guarantees its customers the best possible performance for deliveries during its peak season at the beginning of the year.

Armor Lux, with some 2,500 business customers across France, has now optimised its transport budget by selecting “Chrono Comfort” product. This offer is devoted to those customers with at least 10 shipments per day within France and Monaco, or 100 international deliveries per month.

“We have the pressure of high seasonality since most of deliveries take place during February and March. Within this time 10 to 20 deliveries per day need to be made to Europe, whereas during the rest of the year 15 to 20 shipments are carried out per month,” said Michel Gueguen, Managing Director of Armor Lux. “Chronopost allows us better management by guaranteeing fast performance and a constantly high service quality.”

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DHL Germany launches new service for transportation of heavy goods

DHL Paket Deutschland, the German parcel division of DHL, has launched a new customer service under the name “DHL Maxitransport” for transportation of heavy and cumbrous objects like furniture and household appliances with effect 4 February 2008.

With the new service customers can ship almost everything up to 100 kg that can be carried by two persons. This weight limit does not apply to rollable objects like mopeds or motor-bikes since they do not have to be lifted during pick-up and delivery.

Moreover, the delivery does not end at the recipient’s door. DHL said it will even deliver items such as sofas into the living room on request.

If requested and for an additional charge, DHL also takes charge of packaging when picking up the shipment. The total price varies according to the volume or weight of the shipment as well as additional services. The order can be made via the internet through DHL online stamping in a similar way to parcel orders.

Uwe Brinks, DHL Paket Deutschland managing director, said: “We have to adapt our services continuously to the changing needs of our customers to be successful in the parcel market. With the DHL Maxitransport we are offering a very special service. A sofa can now be shipped as easily as a parcel”.

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Austria Post says no cooperation plans with Deutsche Post's DHL Express Austria

Austria Post AG has dismissed as ‘rumours’ media reports that it plans to launch a joint venture with the Deutsche Post AG unit DHL Express Austria, the Austrian press agency APA reported.

Chief executive Anton Wais told APA that the Austrian postal services group’s logistics unit trans-o-flex will launch its own same-day delivery service in September.

According to Wais, trans-o-flex Austria could account for 50 pct of the group’s overall parcels business in the medium-term.

Citing the trade publication KEP Meldungen, the Viennese daily Der Standard had earlier reported that Austria Post was pursuing a partnership with DHL-Express Austria.

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