Tag: Courier/Express/Parcels

UPS' CEO earned USD 6.2M last year

Posted by | Mar 19, 2007 | |

United Parcel Service Inc., which increased its annual profit by almost 9 percent, paid its top executive nearly USD 6.2 million in total compensation in 2006. In 2006, UPS reported a profit of USD 4.2 billion on USD 47.5 billion in revenue.

According to the Atlanta-based package shipper’s proxy filing with the Securities and Exchange Commission on Monday, CEO Michael Eskew got USD 6.2 million in total compensation last year, including a salary of USD 988,000, a bonus of USD 41,500, USD 2.8 million in stock awards, about USD 1 million in stock options, USD 174,300 in non-equity incentive plan compensation and USD 33,137 in other compensation.

Also according to the proxy, vice chairman and CFO D. Scott Davis was given USD 2.4 million in total compensation. That figure includes a salary of USD 500,000, bonus of USD 21,000, USD 1.1 million in stock awards, USD 375,304 in stock options, USD 88,200 in non-equity incentive plan compensation and USD 26,003 in other compensation.

COO David Abney earned a total compensation package worth about USD 1.3 million, including a USD 383,000 salary, USD 16,050 bonus, USD 345,034 in stock awards, USD 122,927 in stock options, USD 67,410 in non-equity incentive plan compensation and USD 7,519 in other compensation.

Former COO John Beystehner got USD 2.6 million in total compensation last year. This included a salary of USD 538,000, bonus of USD 22,550, USD 1.2 million in stock awards, USD 400,479 in stock options, USD 94,710 in non-equity incentive plan compensation and USD 9,118 in other compensation.

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DHL completes hub automation at Riverside facility in California

Posted by | Mar 19, 2007 | |

DHL has completed the automation of its West Coast Distribution Facility in Riverside, Calif. The auto sort system upgrades now in place will allow DHL to increase letter-and-package throughput and provide customers with greater track-and-trace capabilities.

Key customer benefits of the automation effort include greater letter-and-package visibility through the auto sort system’s track-and-trace features as well as increased speed in the handling and processing of shipments. With the transition to auto sort functions, package throughput will increase by 28 percent. Letter-handling capabilities will improve by 67 percent.

The automation of the 262,000-sq.-ft. facility is part of DHL’s comprehensive USD160 million hub investment program. The state-of-the-art equipment at the facility includes shoe-sort and tilt-tray systems, loaders, unloaders, singulators, dimensional and image scanners, scan tunnels, and video coding.

In addition to improved package processing speed and system-wide shipment accuracy, hub automation adds throughput capacity to the DHL network.

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UPS technology enhancements make global commerce easier

Posted by | Mar 19, 2007 | |

UPS announced it is making it easier for customers to conduct business around the world through enhancements to its WorldShip®, Quantum Viewsm and Billing Solutions technology offerings.

The enhancements will save customers time and money by streamlining the preparation, management and tracking of multiple types of shipments – whether domestic or international, small package or heavy freight.

More than 550,000 customers worldwide have installed WorldShip, making it one of the most widely deployed transportation software applications in the world. The latest version now being rolled out – WorldShip 9.0 – is available in 14 languages and enables customers to take advantage of three time-of-day delivery options now being offered in most major global commercial centers.

UPS’s popular Quantum View applications, when used with WorldShip, open even more doors to managing global trade. Shippers can keep their customers notified of shipment status with Quantum View Notifysm and once shipments are en route, Quantum View Manage provides visibility into where the shipment is in the supply chain.

These enhancements reflect the integration of UPS Freightsm, the former Overnite Corp. UPS’s acquisition of Overnite positioned it as a top motor freight carrier in the U.S. and expanded UPS’s transportation solutions to include a full suite of freight services.

The third broad enhancement unveiled involves an expansion of the UPS Billing Solutions portfolio to include an electronic freight invoice. The portfolio provides customers with detailed financial information about their small package and UPS Freight shipments to enable customers to better manage their transportation costs.

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DHL (USA) completes hub automation at Riverside facility

Posted by | Mar 19, 2007 | |

DHL has completed the automation of its West Coast Distribution Facility in Riverside, Calif. The auto sort system upgrades now in place will allow DHL to increase letter-and-package throughput and provide customers with greater track-and-trace capabilities.

Key customer benefits of the automation effort include greater letter-and-package visibility through the auto sort system’s track-and-trace features as well as increased speed in the handling and processing of shipments. With the transition to auto sort functions, package throughput will increase by 28 percent. Letter-handling capabilities will improve by 67 percent.

The automation of the 262,000-sq.-ft. facility is part of DHL’s comprehensive USD 160 million hub investment program. The state-of-the-art equipment at the facility includes shoe-sort and tilt-tray systems, loaders, unloaders, singulators, dimensional and image scanners, scan tunnels and video coding.

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FedEx announces next-business-day domestic express service in China

Posted by | Mar 19, 2007 | |

FedEx Express, a subsidiary of FedEx Corp. announced that it will offer next-business-day domestic express service in China beginning May 28, 2007. Combined with the company’s international express service, the new domestic offering will connect businesses both within China and around the world. FedEx connects more than 90 percent of China’s GDP to the rest of the world through its global network.

The new domestic services, expected to be fully operational in June 2007, will serve China’s burgeoning market with next-business-day, time-definite delivery service to 19 cities and a day-definite service to more than 200 cities throughout the country. Real-time package status tracking will let customers know where their shipments are every step of the way.

Like the U.S. express hub-and-spoke system which FedEx pioneered, the domestic express network includes a hub-and-spoke system centered at the Hangzhou Xiaoshan International Airport, located in East China’s Zhejiang Province. The newly established hub will initially be able to sort up to 9,000 packages per hour.

A domestic carrier, Okay Airways, will provide the domestic air transportation. Using three Boeing 737 freighters, Okay Airways will operate an air cargo domestic network within China in support of FedEx. The aircraft will operate two circular routes nightly, covering the country’s major airports.

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