Tag: Courier/Express/Parcels

FedEx Freight CEO: gaining market share in ‘chunks’

Posted by | Apr 15, 2005 | |

FedEx Corp.’s freight division continues to gain market share as more retailers and manufacturers go from talking about just-in-time shipping to actually doing it. As those manufacturers move operations offshore, FedEx will gain even more of the domestic freight market as customers turn to FedEx for help with their international supply chains, said FedEx Freight Chief Executive Doug Duncan.
“More and more companies are actually executing fast-cycle logistics,” rather than just talking about it, Duncan said in an interview with Dow Jones. “We strongly believe that we are taking market share in pretty big chunks.”
In the fiscal third quarter ended in February, FedEx Freight’s revenue rose 19% to USD 747 million, as its operating margin widened to 7.2% from 5.9% the year before.

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GLS – expansion in Spain

Posted by | Apr 14, 2005 | |

The Spanish GLS subsidiary Extand Sistema SL has been operating as “GLS Spain” since March 1st 2005. And a new depot also went into operation in Madrid on April 1st. These developments characterise GLS’ new strategy in Spain: to drive on the development of the company-own network. At the same time, GLS continues to work with local partners; since February 2005, it has been working with CHRONOEXPRESS, a company currently rated third in the Spanish parcel and express market.

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TNT Express Portugal Launches myTNT Service

Posted by | Apr 14, 2005 | |

TNT Express Portugal, the local unit of Dutch express service provider TNT Express, has launched its latest on-line service myTNT which allows the clients to create personalised secure environment, it was reported on April 11, 2005.

On entering myTNT, all transactions are encrypted and protected by the industry standard Secure Sockets Layer (SSL) protocol. The client can check that the environment is secure by looking for a locked padlock icon in the status bar of the Internet browser.

According to TNT, the service is ideal for small and medium-sized companies, with various parcels, various users, available 24 hours a day seven days a week.

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DHL buy of KarstadtQuelle logistics ops probed by cartel office

Posted by | Apr 14, 2005 | |

Germany’s cartel office said it has started a full investigation into Deutsche Post World Net AG unit DHL’s acquisition of KarstadtQuelle AG’s logistics operations. A cartel office spokeswoman the office has completed its four-week pre-examination of the deal and decided to launch a more lengthy investigation, which is expected to be completed by early July. KarstadtQuelle sold the logistics business of its department stores division to DHL for more than 200 mln eur.

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UPS supports comprehensive postal reform legislation

Posted by | Apr 13, 2005 | |

Following passage of comprehensive postal reform legislation by the House Government Reform Committee, UPS has announced its support of H.R. 4341 and committed to work toward final passage in Congress.

The Postal Accountability and Enhancement Act of 2004 mandates significant reform measures to move the Postal Service towards sound financial footing, while enhancing regulatory oversight. The House Government Reform Committee’s Special Panel on Postal Reform and Oversight held numerous hearings with key stakeholders in the mailing industry over the past year to develop comprehensive postal reform legislation.

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