Tag: Courier/Express/Parcels

Contract drivers for DHL to claim employee benefits

Posted by | May 14, 2005 | |

Three local drivers are challenging DHL delivery company’s reliance on independent contractors with a lawsuit that says they should have received the benefits of being classified as employees for the package delivery company.

Filed in Sacramento Superior Court this week, the lawsuit, which seeks class-action status, is the latest challenge to the spread of independent contractor arrangements throughout the courier industry.

“It’s ridiculous that they’re doing this to workers who make poverty wages, earn no benefits, no sick leave, no holidays,” said Jason Rabinowitz, the lawyer who filed the suit and who works for the Teamsters Union, which has been trying to organize drivers at DHL’s Mather Airport facility.

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A European Perspective

Posted by | May 13, 2005 | |

Presentation by Bernhard Reusch, CEO GeoPost (Benelux), CEO DPD (Belgium).
La Poste/GeoPost revenue. W & E Europe market size / share. GeoPost & DPD networks.
P:LibraryWME Europe 05 presentationsBernhard_Reusch.ppt

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APC increases turnover

Posted by | May 12, 2005 | |

APC Overnight announced a 16% increase in turnover to GBP37m for the year ended March 31 2005. Profit rose i line, APC said, but it declined to give details ahead of confirmation by auditors.

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Target invests

Posted by | May 12, 2005 | |

Target Express has invested GBP2m in a new, 3,000 sqm depot at Bicester Park, close to the M40 and A34. The site will amalgamate two depots at Aylesbury and Abingdon.

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FedEx US says economic growth ‘steady’

Posted by | May 12, 2005 | |

FedEx Corp. has reaffirmed its earnings outlook for the fourth quarter, saying it continues to see steady economic growth across the U.S. and internationally.

The current average estimate of analysts polled by Thomson First Call is for earnings of USD1.48 a share in the May period.

“The overall strength of the economy, and in particular the strength in the manufacturing and wholesale sectors, should continue to benefit FedEx going forward,” said Frederick Smith, the company’s chairman, president and CEO.

FedEx stock fell 1.2percent on Thursday to USD86.51. So far this year, the company’s shares are down 11percent but are off just over 3percent in the last 30 days.

The announcement comes one day after United Parcel Service UPS backed its earnings outlook for 2005 and said that the company’s domestic business is growing. See full story.

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