Bram Johnson, a key member of FedEx Ground’s executive team, died at the age of 59 on Friday of natural causes while hiking with friends in Spain.
Johnson was one of two executive vice presidents at FedEx Ground, based in Moon Township, and a direct report to president and CEO Daniel Sullivan. As the company’s first vice president of marketing, he helped to found Roadway Package System, the predecessor to FedEx Ground.
Read MoreTNT N.V. today announced that the European Commission has granted clearance under the EU Merger Regulation to the acquisition of the logistics division of TNT by Apollo Management, L.P. TNT currently anticipates that the acquisition will be completed before the end of the year.
Read MoreDeutsche Post, the German postal operator, is reported to be showing progress with the development of its logistics division within subsidiary DHL and with the integration of the UK logistics service provider Exel. Integration is expected to be completed by the end of March 2007, according to a press source citing management.
The group’s logistics division is expected to show turnover well above 18bn euros at the end of the current year, discounting land transport, while ebit is expected to amount to a minimum of 700m euros. Last year, turnover reached 7.9bn euros, ebit 315m euros. By the end of the year, Deutsche Post logistics director John Allan will aim to complete the transfer of the group’s European overland transport from its express division to its logistics arm. It is estimated that this will bring the logistics division additional turnover of around 4bn euros. DHL recently won a contract worth turnover of 2.3bn euros to supply the UK National Health Service, and, following resistance among staff to the privatisation plan, business is reported now to be running smoothly.
Read MoreDHL Express, the express delivery unit of Deutsche Post, could finalise a contract with the Shanghai Airport Authority to build a hub for its regional operations.
Li Derun, executive vice president of the airport authority, has said that “negotiations with DHL for a Shanghai hub are ongoing”.
There is hope that the parties will be able to sign an agreement before the end of the year, Reuters reported.
Read MoreContinuing a nine year trend, FedEx Corp. expects to make history again when a record-breaking total of 9.8 million packages move through its global FedEx Express and FedEx Ground networks on December 18, 2006. This is projected to be the busiest night in the history of FedEx and would break the company’s previous record night of 8.9 million on December 19, 2005.
“From 186 packages on our first day of operations to almost 10 million in one night this holiday season, the busiest day of 2006 will again make history for FedEx,” said Frederick W. Smith, Chairman, President and CEO of FedEx Corp. “Achieving this milestone speaks to our world class global workforce of nearly 275,000 people, our strong heritage and our leadership both for today and the future.”
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