Tag: FedEx

FedEx targets double-digit growth in Central and Eastern Europe

Posted by | Aug 7, 2007 | |

FedEx Express is targeting double-digit growth in Germany and the rest of its Central and Eastern Europe region, and does not exclude further acquisitions to achieve its goals, senior executives told CEP-Research. The integrator will continue to focus on international air express and does not plan to enter the German domestic market, however.

“We are on an expansion path. We want to be the preferred partner for international time-definite shipments,” said Michael Mühlberger, FedEx Express Vice President Operations Central and Eastern Europe, in an interview. He was speaking after the press conference to announce the transfer of FedEx’s Central and Eastern Europe hub from Frankfurt to Cologne in 2010.

FedEx had invested strongly in Eastern Europe in recent years, setting up own organisations in Poland, the Czech Republic and Hungary and launching own flights to the three countries, he noted. In other countries, it is represented by Global Service Partners (GSP).

In future, FedEx wanted stronger links with these partners. “For those partners where we are convinced about their quality, we want to bind them with strong contracts or through acquisitions,” Mühlberger said. Following the recent acquisition of Hungarian partner Flying Cargo, however, no other acquisitions were currently pending, he stressed.

FedEx was seeing a trend for some industries that had set up production in countries such as Poland and the Czech Republic to respond to rising cost levels there by moving further east towards cheaper countries such as Romania, he noted.

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FedEx Express gateway for central & eastern Europe moves to Cologne

Posted by | Aug 7, 2007 | |

FedEx Express will relocate its largest German gateway from Frankfurt/Main to the Cologne/Bonn airport in 2010. FedEx and the operator of the airport, Flughafen Köln/Bonn GmbH, signed a cooperation agreement. New ramp and sort facilities will be built on a total floor space of approximately 50,000 square meters. The reason for this decision is the rapidly-growing demand for express services in Germany and Eastern Europe and its alignment with the strategic objectives of the company.

“In order to be able to provide the highest possible quality in all our services to our customers worldwide, we need to expand our hub capacities,” said Michael Mühlberger, vice president, Operations, FedEx Express Central & Eastern Europe. “Due to a potential ban on night flights, the Frankfurt/Main location cannot provide FedEx with long-term planning reliability.”

However, the Rhine/Main region will continue to play an important role for FedEx’s intercontinental and Europe services. Therefore, a part of the workforce will continue to work in Frankfurt in the future. In addition, new jobs will be created in the Cologne/Bonn region.

Cologne airport holds a number of benefits for FedEx, including great air traffic capacities. With a volume of 698,000 tons, it is the second-largest cargo airport in Germany and has longstanding experience in collaborating with air cargo and express service providers. Due to its proximity to highways, railway transportation and the river Rhine, the airport provides an ideal infrastructure for cargo traffic.

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Kintetsu Express considers shipping tie with Nippon Express

Posted by | Aug 6, 2007 | |

Nippon Express Co. and Kintetsu World Express Inc. said Tuesday they are studying joint air transport services from Japan to other Asian countries to take advantage of growing demand for shipping services within Asia.

The two Japanese firms are in talks to develop a small package shipping service that would deliver items such as samples and documents.

Japanese transport companies have lagged behind their U.S. and European competitors such as DHL and FedEx Corp.

Kintetsu World, for instance, provides shipping services to other Asian countries from Japan but focuses mostly on large shipping contracts such as delivering electronic parts, a Kintetsu World spokeswoman said.

Growth in demand for commercial shipping within Asia has been growing at 7 pct to 8 pct a year, Nippon Express and Kintetsu said in a joint press release.

The Nikkei reported that the two firms and Japan Airlines Corp. are expected to form a tie-up in international package shipments from Japan to other parts of Asia.

But the Kintetsu World spokeswoman denied the report, saying that the two transport firms haven’t decided which airline they may want to use for their potential new service. JAL wasn’t immediately available to comment on whether the airline is involved in talks with the two transport firms.

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FedEx Kinko’s escalates expansion efforts

Posted by | Aug 6, 2007 | |

FedEx Kinko’s, an operating company of FedEx Corp today officially announced an aggressive expansion plan to open 300 new office and print centers in the United States throughout fiscal 2008. The company also will redesign 110 existing centers and introduce 20 new locations internationally. These changes are part of the company’s overall plan to provide small businesses and traveling professionals with even greater access to the company’s office and print services and the FedEx transportation network.

FedEx Kinko’s has more than 1,700 locations in operation today, and this latest push for growth comes on the heels of the successful execution of its expansion plan in fiscal 2007. Last August, the company introduced a smaller store format and announced plans to open 200 centers nationwide with the new design. These centers have an average footprint of 1,800 square feet and carry more than 700 different office products. In addition, they offer the same services as a traditional center and have generated positive customer feedback since the launch. Based on the strong results, the 300 domestic locations scheduled to open in fiscal 2008 will feature the small-format design as well.

FedEx Kinko’s also plans to embark on its most aggressive international expansion effort to date by opening 20 new centers outside the United States during fiscal 2008. These new centers will be focused in the Asia-Pacific region with 12 in China, four in Japan, two in Korea, and one in Australia. In addition, one new center will be opened in Canada. Currently, the company has 159 locations outside the United States.

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Manish Shah, MD, Magnum Cargo., wins FedEx Ship2Drive

Posted by | Aug 2, 2007 | |

FedEx awarded Mr. Manish Shah, Managing Director, Magnum Cargo Pvt. Ltd. with a Maruti Suzuki Car for winning the unique Ship2Drive programme run for Freight Forwarders by FedEx from 1st March 2007 to 30th April 2007.

The FedEx Ship2Drive programme was devised to reward & acknowledge Freight Forwarders as they form an important part of the FedEx customer network and to encourage long standing relationships with the company. During the FedEx Ship2Drive programme Freight Forwarders could earn points for every shipment that was shipped with FedEx during the programme period.

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