Tag: FedEx

FedEx Ground coming to West Frankfort (Kentucky)

A new FedEx Ground Distribution Center could be under construction in West Frankfort later this year.

FedEx Ground officials have signed a contract with a development company to construct Presley said he received word about the contract Tuesday afternoon.

A new facility is necessary because the company has outgrown the current center located in Marion. The new facility would bring an additional 40 to 60 jobs.

“We have chosen a developer and hope to have a signed, executed lease in the next 30 days,” company spokesman David Westrick said. “I would compare where we are now to someone who has their heart set on a house but they have to make sure it passes inspection and do all the nitty-gritty work to make sure the house is suitable for their needs.”

If all goes well, Westrick said, the facility is on track for a September groundbreaking.

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Package-laden FedEx truck burns

Hundreds of packages shipped via FedEx were damaged in a truck fire on the Gulf Freeway near Reveille early Wednesday morning.

Whether any customers lost irreplaceable items was unknown, but FedEx’s package-tracking system allows the company to notify every shipper of the incident, said David Westrick, a spokesman for the ground transportation division of FedEx. That process began Wednesday morning, he said.

The trailer burned about 2:30 a.m. when traveling from a Dallas FedEx ground hub to Houston, Westrick said. How many of the 800 packages on board were damaged or destroyed was unknown Wednesday, Westrick said.

FedEx plans to expedite loss claims related to the fire, Westrick said. The cause of the fire is being investigated.

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Senator McHugh bill would stop mail-order cigarettes at USPS

Rep. John McHugh has again introduced legislation that would outlaw the mailing of tobacco products through the US Postal Service.

If passed, the bill, H.R. 2932, would amend Title 39 of the United States Code, restricting the USPS from delivering certain tobacco products. The bill provides that cigarettes, smokeless tobacco and roll-your-own-tobacco are nonmailable matter, would not be carried or delivered by mail and would be disposed of as the Postal Service directs. It also imposes a penalty of USD 100,000 for each violation.

All three major shipping companies — DHL, FedEx and UPS — have stopped shipping cigarettes nationwide and, as a result, all Internet tobacco vendors are using the USPS to make their deliveries. In addition, in January 2006, Philip Morris USA reached an agreement with a coalition of 37 attorneys general aimed at combating the sale of the company’s cigarettes over the Internet and through the mail. And, in March 2005, the attorneys general also announced that the major credit card companies had all agreed to stop processing credit card payments for the Internet retailers.

Matt Lavoie, press secretary to McHugh, said that McHugh had planned to attach the bill to postal reform legislation that was passed last year during conference negotiations but was unable to because a conference never took place. As a result, the bill never passed.

Other senators have introduced similar bills over the years, but they also never passed.

The USPS has said it has continued to ship cigarettes because, under postal law, packages are sealed against inspection unless there is probable cause.

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FedEx fails to clinch Safexpress deal

Federal Express’ attempt to enter the domestic logistics business have received a setback with the failure of its attempt to buy out SafeExpress, one of the largest Indian logistics company.

This deal could have been significant for FedEx Express, because its competitors, DHL and TNT, have been successful in entering the domestic logistics segment in India through strategic acqusitions. TNT acquired Speedage, a divison of ARC India, in 2006 for an amount of Rs 200 crore (GBP 2.46 million), while DHL had acquired 81.03 pct of Blue Dart in 2004 for an amount of Rs 730 crore (GBP 8.97 million).

Had the deal gone through, it would have given FedEx a fairly huge chunk of the market in the express cargo, 3PL and warehousing segment.

The opportunity for integrated solutions in the logistics industry is huge and FedEx Express, the world’s largest express distribution company did not want to miss it. A proposed Central Sales Tax (CST) phase out, investments in infrastructure and technology as well as pick up in manufacturing outsourcing have been driving the demand for logistics solutions in India.

Something had to give. So, in a final meeting, held at one of the banker’s place, a couple of weeks back, FedEx walked away from the deal. Ernst & Young were the bankers of Safexpress, while FedEx was represented by JP Morgan. The anxiety in the minds of top officials with respect to Mr Jain’s inability to take a standing decision on the matter has been building up for a while now. The employees were not sure of their fate in the course of change in ownership.

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FedEx Kinko's Fueling Expansion in China

FedEx Kinko’s, the world’s leading provider of document solutions and business services, opened a store in eastern China’s booming coastal city Shanghai soon after it established its flagship store in the country’s capital Beijing, said local media.

The new store, located on Nanjing Road, one of the busiest commercial areas of Shanghai, will provide 24-hour-long high-quality express and printing services to both individuals and business customers. Besides ordinary business and print services, the company will handle international express shipping services.

FedEx Kinko’s, founded in 1970 and purchased by FedEx Corp. in February 2004, has opened more than 1600 stores in 11 countries worldwide.

The company, which entered into China as early as 1997, has opened 15 stores in key Chinese cities such as Beijing, Shenzhen, Guangzhou and Shanghai.

FedEx Corp., the world’s leading provider of document solutions and business services, wins its long-standing reputation in the world for its fast-speed and efficient services.

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