The internet has revolutionised the way business is done, not only in India but all over the world. In fact, India, though a late beginner, has in a way overtaken most of the western world. It is well known that Indian organisations are behind some of the major innovations in software development globally. To be fair to the postal department, it has taken the challenge in its stride and reinvented several strategies.
Read MoreUS logistics giant, FedEx, will sign an agreement early next month to make Guangzhou’s Baiyun Airport in southern China its second Asia-Pacific hub, a report said Tuesday. Citing unnamed sources close to the deal, the Standard newspaper here said the Guangzhou Baiyun Airport Authority would spend up to 1.5 billion yuan (181 million US dollars) to build a warehouse and a runway for the company. Construction would start in August next year and be completed in October 2008 if the deal is approved by China’s State Council, or cabinet, and its aviation authority. FedEx’s other hub is at the US military’s former Clark air force base in the Philippines.
Read MoreFedEx will sign an agreement early next month to make Guangzhou’s Baiyun Airport its second Asia-Pacific hub, according to a source close to the negotiations.
Under the agreement, the Guangzhou Baiyun Airport Authority would spend up to 1. 5 billion yuan (HKD1. 4 billion) to build a warehouse and a cargo runway for FedEx’s use. Provided the deal is approved by the State Council and the General Administration of Civil Aviation, construction of the FedEx hub would start in August next year.
The target date for completion is October 2008.
FedEx would only say it is considering how best to expand its hub operations in Asia and exploring a number of ways to ensure flexibility in future.
Last year, FedEx signed a framework agreement with Guangzhou’s new airport with the intention of making it its sole Asia-Pacific hub.
Read MoreUPS today unveiled a technology enhancement that automatically notifies customers of every package in the UPS system moving toward them, providing a new tool to better manage the demands of business. The software technology opening a new “window” into the UPS system is called UPS Quantum View Inbound and represents the most recent addition to the UPS Quantum View suite of visibility services. Quantum View Inbound provides proactive notification of UPS air express, ground and international packages that are en route to the receiver’s location.
Read MoreOne of the world’s largest package delivery companies will stop delivering cigarettes to individual consumers nationwide under an agreement with New York Attorney General Eliot Spitzer. Spitzer said DHL is the first major shipping company to agree to the ban and negotiations continue with other companies and the U.S. Postal Service. The agreement follows a March deal in which major credit card companies began refusing to participate in Internet sale of cigarettes nationwide. The agreement with Spitzer and the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives is aimed at ending a common method for youths to obtain cigarettes, which can’t legally be sold to people under 18 years old. In Tuesday’s agreement, DHL cuts off another route for the Internet cigarette sales, a growing business, Spitzer said.
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