Tag: FedEx

FedEx pledges to continue transforming lives of staff through learning

Posted by | Jul 22, 2008 | |

FedEx Express signed the Skills Pledge, a government initiative to support and encourage companies to raise their employees’ skills.

At a ceremony attended by Bill Rammell, Minister of State (Lifelong Learning, Further and Higher Education) at its Stansted Hub, FedEx Express pledged to encourage and support employees to gain more skills and qualifications through investing in valuable training opportunities to meet the needs of the business and support their future development.

All employees have the FedEx equivalent of a ‘passport’ which accompanies them in each position within the company, recording their training to ensure that employees can achieve their career and personal aspirations while working for the organisation.

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FedEx opens new operations centre in Spain

Posted by | Jul 21, 2008 | |

FedEx has opened a new operations centre in Valencia, southeast Spain, to serve 14 routes across the regions Murcia and Valencia.

“The new 1,677 sqm facility will shorten some delivery times by up to five hours”, said Ian Silverton, head of operations and legal representative for FedEx Spain.

FedEx offers collection and delivery services throughout Spain, with Madrid, Barcelona Valencia and the Basque Country offering the greatest potential for express services.

FedEx’s worldwide sales rose in the last quarter of the group’s financial year ending 31 May 2008 by 8 pct to USD 9.9billion. The company has 671 aircraft and 70,000 vehicles. It is investing heavily in the rapidly growing markets of India and China, focusing on improvements particularly in Delhi and northern India and on its 48-hour express service within China.

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Eurocarex to provide express transportation by rail in Europe

Posted by | Jul 21, 2008 | |

Roissy Cargo Rail Express Association and European Intermodal Association (EIA) have signed a “Memorandum of Interest” in Brussels in preparation for the launch of the rail express network “ Eurocarex” which would have clear environmental benefits, the French newspaper Le Lloyd reported.

The project is aimed at creating a European high-speed rail network to transport express and cargo shipments from 31 March 2012 onwards. The plan is to run trains between a new express freight station at Roissy-Charles de Gaulle airport and other airports such as Lyon, Lille, Liege, Amsterdam, Cologne and London, with other airports being added later. The key project members include French railway operator SNCF, Air France Cargo, FedEx, La Poste and TNT.

According to Yanick Paternotte, the president of Carex Cargo Rail Express, Eurocarex will initially employ 8 high speed trains specially designed for air cargo with a capacity to transport up to 100 tons of express shipments per train every night to corresponding terminals in Lyon, Lille, Liege, Amsterdam, Cologne and London. Perfectly adapted to the loading of air containers, the trains can be reloaded in less than 45 minutes each.

In spite of the initial investment of estimated EUR 600 million in the special trains and EUR 300 in terminals, Paternotte is convinced that the project will pay off.

The express market will make up the core business of Eurocarex, complemented through air cargo. Public authorities are tempted by the positive environmental impact striving to limit the noise pollution caused by night flights, Le Lloyd further reported.

According to a study conducted by EIA, the transportation via high speed trains would reduce CO2 emissions up to 98 pct compared to air transport.

The Eurocarex network is planned to be extended to cities Strasbourg, Bordeaux, Marseille and Francfort with 20-23 trains in service until 2015.

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NetDespatch web portal to revolutionise Manx parcel deliveriesDocument Actions

Posted by | Jul 21, 2008 | |

The Isle of Man’s distribution company, Manxx Independent Carriers, is rolling out an innovative system for tracking parcels and freight using a new international ‘databank’ called PODXchange. Developed by NetDespatch, PODXchange is a web portal for proof of delivery (POD).

Manx drivers are being equipped with special mobile devices incorporating barcode scanners and a touchsceen. When deliveries are made and signed for, details of the shipment held in the barcode can be transmitted live to the web portal along with the captured electronic signature. Scan and POD data as well as signatures is then transformed into the appropriate carrier format and transmitted to Manx’s customers that include most major UK parcel carriers.

The portal accepts data from any POD system – for any parcel – and then makes it available via the Internet to any carrier. Manx is already delivering on behalf of all the major parcel carriers including Fedex, UPS, DPD, Citylink, Parcelnet and Amtrak. Using one device, Manx can now provide a live signature POD to any of these companies. The intelligent system recognises the carrier from the barcode on the parcel ensuring that each carrier only retrieves data on their own parcels.

First used in the Highlands of Scotland for parcel deliveries handled by AJG, the system is being implemented by Manx so that is can be used for all types of deliveries. “We travelled to Inverness to see the first PODXchange implementation in action with courier firm AJG parcels. It was immediately evident that it had real potential and we realised we could develop the first true multi-service POD solution giving our customers live updates on anything we delivered whether a parcel, pallet, an item of plant or a fresh food delivery,” says Coleman.

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Earnings Preview: Economy weighs on UPS profits

Posted by | Jul 21, 2008 | |

Slowing U.S. economic growth and high fuel costs are expected to put a damper on United Parcel Service’s results for the April-June quarter. The Atlanta-based company lowered its earnings expectations for the quarter on June 23.

UPS predicted earnings per share for the second quarter, which ended June 30, would be within a range of 83 cents to 88 cents, compared with the 97 cents to USD 1.04 the company originally anticipated.

UPS is able to pass higher fuel costs on to customers in the form of a fuel surcharge on shipments. However, the surcharge increases have not kept pace with rapidly rising fuel prices. Meanwhile, UPS’ business has suffered amid the economic downturn in the U.S. The result has been lower-than-expected domestic package volume and customers making less use of premium air products.

UPS last month did not say what impact its lower expectations for the second quarter might have on its full-year results. But analysts have lowered their projections for UPS’ full-year results.

Wachovia Capital Markets analyst Justin Yagerman said in a research note last week that the U.S. economy will continue to be shaky for the rest of 2008, which will likely affect UPS’ results.

He also said that UPS’ international results going forward could be affected by slowing economic growth in Europe. Long-term, however, he said he remains bullish about UPS’ overall business prospects.

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