FedEx has announced the opening of Nanjing subsidiary aimed to further strengthen the presence in Eastern China. The new company, located in Jiangning Development Zone in Nanjing City, covers a plot of land as large as 2,340 square meters. Its operating station is composed of professional import & export sorting and picking system, storage area, and operation sector and it is able to handle nearly 1,000 parcels every hour at the fastest speed.
Read MoreGlobal courier companies including DHL and Federal Express will take legal action against India’s postal authority if it succeeds in winning amendments to the country’s postal laws that they fear could shut down some courier businesses. The courier companies said they were “shocked and surprised” by what they called “dramatic changes” proposed by India’s department of posts, which wants to create a new postal regulator and charge a levy on courier company revenues to pay for publicly run services to remote areas. The postal department is also seeking to redefine what constitutes a “letter” in a long-heralded reform to India’s 108-year-old postal service laws. This would in effect impose a state monopoly on the fastest growing segment of the courier industry. An executive of the Express Industry Council of India (EICI), which represents both private Indian and foreign courier operators, said the body would fight these proposals “all the way”, following a fiery meeting on the subject yesterday in Mumbai.
Read MoreFedEx Express announced on April 5 that it will supply seven new kinds of packing materials specially for China’s micro, small and medium-sized enterprises clients. It’s the first time FedEx has provided new packing materials specifically for the Chinese market. Currently, FedEx has offered 16 kinds of packing materials free of charge to its Chinese clients.
Read MoreDHL is a wildly successful brand – on the surface, at least: it is the biggest express carrier in both Europe and Asia, with a 40% share in each market. In the US, however, it has a paltry 7% market share. The delivery market there is dominated by UPS and FedEx, which enjoy a combined 78% market share. To most marketers, the strength, scale and incumbent power of UPS and FedEx would make the US just about the least attractive target market imaginable. But two strategic factors peculiar to the global delivery business mean that DHL must succeed there.
Read MoreBritish express parcels carrier Business Post has won a major boost with the extension of a vital FedEx contract as it makes progress on its ongoing restructuring. Shares in the company rose strongly on the news, closing up 9.9% at 383 pence on March 31. Business Post announced that FedEx Express had renewed its contract as Global Service Participant in the United Kingdom. Business Post’s existing five-year contract will be replaced with a new five-year contract, with effect from 3 September 2006, on similar commercial terms. Chief executive Guy Buswell commented: “We are delighted that we will continue to act as a key partner for FedEx Express in the UK. FedEx Express has confirmed that our high service levels and new advanced IT solution were central factors in the decision and this renewal is therefore a significant achievement on the part of our new operational management team. Sustaining high levels of service for all customers represents the foundation stone for our overall business performance.”
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