Tag: FedEx

Chinese CEP market to outgrow Germany

Posted by | Aug 1, 2007 | |

The booming Chinese courier, express and parcel (CEP) market will outgrow Europe’s largest market, Germany, within fi ve years if it maintains its current dynamic growth rates. The world’s four leading express players, DHL, FedEx, TNT and UPS, look set to win signifi cant market share from Chinese operators by expanding their domestic services. In response, Chinese players are trying to strengthen their fi nancial basis and enhance their services. Those are the key fi ndings of a new “CEP Market Fact Sheet China” from Hamburg-based market researchorganisation, CEP-Research.

The Chinese CEP market has soared with average annual growth rates of about 25 percent in recent years, nearly quadrupling in value from about EUR 1 billion in 2000 to over EUR 3.8 billionin 2006, according to CEP.

Demand has been driven by economic liberalisation, a surge in foreign trade and the emergence of a strong domestic consumer market. Looking ahead, growth rates in the 25 percent- 30 percent range are expected for the next few years, taking the market to over EUR 12.5 billion in 2011, CEP-Research forecasts. This would make China bigger than Germany, France and UK, the three largest express and parcel marketsin Europe.

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OutBound Shipping System Receives Advanced DHL Certification

Posted by | Jul 28, 2007 | |

OutBound Shipping System, a leading provider of automated carrier certified shipping software and solutions has today announced that it has received DHL certification for its shipping software, OutBound 6.12. The DHL certification process was introduced during the 1st quarter of 2007 and is a requirement for companies seeking to incorporate DHL services into existing shipping applications.

Since 1990, OutBound Shipping System has provided state-of-the-art shipping applications to medium and large enterprise businesses. These applications are designed to be easily integrated into existing in-house systems and databases. The cmpany focuses on building direct relationships with its clients to provide them with the most sophisticated .NET, C, and SQL shipping solutions available in the industry.

Currently, OutBound Shipping System’s multi-carrier certified shipping solution integrates United States Postal Service (USPS), Federal Express (FedEx) and United Parcel Service (UPS) products and services and also has a less than truckload (LTL) module. The latest edition will feature increased application functionality as well as full integration with DHL.

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Shipping companies deliver good returns

Posted by | Jul 27, 2007 | |

Package shipping is big business. Global exchange, ecommerce and changes in supply chain management have all contributed to this boom. The number of packages delivered is absolutely, positively staggering.

United Parcel Service is the biggest and bluest of the bunch with a market capitalization of USD 78.7 billion, sales of USD 47.9 billion and an AAA credit rating. This company makes roughly 15 million deliveries every day with its more than 100,000 vehicles. It is the most profitable of its peer group with earnings that have averaged almost a 15 pct growth rate over the past three years and a return on equity of 26.6 pct.

FedEx is one of the world’s largest express-delivery firms with a market capitalization of almost USD 35 billion, sales of just over USD 36 billion, 53,000 drop-off locations. It does business in more than 200 countries. FedEx’s earnings have seen a growth rate of 28.6 pct over the past three years, accounting for a 15.2 pct return on equity in the last year.

With a market capitalization of USD 9.7 billion, Expeditors International of Washington generates USD USD 4.7 billion of revenue by playing middleman with no assets. This firm buys cargo space in bulk and then resells it to its customers needing shipping space. The company also provides customs brokerage and other related logistics services. Although technically called “consolidation” or “expediting”, EXPD also is involved in freight forwarding as circumstances dictate.

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FedEx Freight lowers fuel surcharge by 25 percent

Posted by | Jul 23, 2007 | |

With its eye on improving market share and staying ahead of pack in a crowded less-than-truckload (LTL) marketplace, FedEx Freight said today it has reduced its standard LTL fuel surcharge by 25 pct.

The company added that FedEx National LTL, its newly-formed long-haul LTL unit (as a result of FedEx’ acquisition of Watkins Lines in 2006) will also reduce its standard LTL fuel surcharge to levels commensurate with FedEx Freight.

With the fuel surcharge being reduced by 25 pct, the FedEx Freight fuel surcharge has dropped from 19.7 pct as of Friday, July 20 to 14.8 pct today.

A report published today by Bear Stearns said that this fuel surcharge cut will impact both FedEx’ regional and recently-acquired long-haul operations, adding that FedEx Freight’s total LTL revenue of USD 4.9 billion represents approximately 14 pct of the total market.

In regards to how the competition may react, the Bear Stearns report said that a “competitive dynamic” in the LTL industry has been accelerating, and this fuel surcharge reduction is the “most overt sign of price competition in the LTL market since the mid 1990’s.” As a result, the report indicated it is likely that other LTL providers may follow FedEx’ lead and subsequently lower fuel surcharges as well.

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DHL and Fedex providing service in Iraq

Posted by | Jul 22, 2007 | |

Two of the world’s biggest express transport companies, FedEx and DHL, opened in Iraq months after Saddam Hussein’s regime fell. DHL began operations here in May 2003, and FedEx followed in August of that year.

Both companies serve much of Iraq with drop-off locations in most major cities, and home or office delivery.

Much of their business comes from international shipments in and out of U.S. military bases in Iraq, but drivers make local deliveries as well.

Ahmad Mahmoud, a contractor who runs FedEx’s small desk in a central Baghdad hotel, says he or one of the local FedEx drivers tries to deliver most packages to people’s homes or offices, but they won’t go to certain neighborhoods.

According to FedEx’s website, the Memphis-based company relies on Falcon Express, a cargo carrier, to fly packages into Iraq as well as to other Middle Eastern countries such as Jordan, Lebanon and Syria.

FedEx boasts 33 pickup locations in Iraq, about half of them at U.S. bases, according to its website, which also lists Iraq’s import prohibitions on liquor, jewelry, political material, vitamins, Viagra and other items.

DHL has 13 package drop-off sites throughout Iraq, mostly at airports, according to its website.

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