Feuding system: China mail conflict
China’s trade ministry is moving to resolve a battle between the nation’s sate-run postal service and international freight forwarders such as FedEx and UPS over rights to deliver mail in China.
Read MoreTag: FedEx
Fedex May Expand Relationship with La Poste
FedEx said its partnership agreement with Chronopost, the French postal utility’s express distribution arm, is ‘going well’ and it is also eyeing possible co-operation with La Poste’s airline subsidiary, Europe Airpost
Read MoreDOT Supports Package Deliverer DHL
The Transportation Department on Friday rejected efforts by FedEx Corp. and United Parcel Service to strip competitor DHL Worldwide Express and DHL Airways of the licenses they need to deliver packages in the United States.
Read MoreFedEx: More alliances, less spending
Government reports that the U.S. economy grew by 2% in the first quarter of this year are misleading because 1.75% of that growth came from lower imports, according to Frederick Smith, chairman and chief executive of Federal Express Corp. Speaking at the Global Transport and Logistics Conference sponsored by Bear Stearns, Smith predicted that the gross domestic product figure would be revised downward. Smith attributed the downturn in FedEx volumes thus far to a slowdown in high tech, which accounts for a major share of FedEx’s business.
Read MorePrivate delivery of inbound international mail in China
A bitter feud between freight forwarders and China’s official postal sector appears unavoidable with each side unable to agree on whether exclusive rights exist over the delivery of international mail.
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