Tag: International

ABX Air finalizes severance and retention plans

Posted by | Aug 19, 2008 | |

ABX Air, Inc., announced it has reached an agreement with DHL on severance and retention plans for impending job reductions.

Following a period of voluntary reductions, ABX Air will serve Workers’ Adjustment and Retraining Notification Act (WARN) notices to approximately 200 employees next week. Government officials will be notified as well. Workers will be leaving jobs no later than 60 days from the day they receive the WARN notices.

This reduction is a result of DHL reducing 23 ABX Air DC-9 aircraft this year. These fleet reductions are the first associated with the plan DHL announced at the end of May. DHL has indicated to ABX Air that the DC-9 reductions will continue until all ABX Air DC-9s are parked sometime in 2009.

To assist in the transition for dislocated employees, ABX Air is working closely with the State Rapid Response Team and members of the Five Star Job Centers of Southwest Ohio, who are also coordinating with other surrounding counties. ABX Air has set up an onsite Transition Center to facilitate access to the available support services. Full- and part-time employees will be eligible to receive severance options, which include continued health and welfare coverage. All of these measures are intended to help dislocated workers bridge the employment gap.

ABX Air expects that additional notices will be necessary as more DC-9s are removed from the fleet. ABX Air’s DC-9 schedule of reductions is not affected by the discussions between DHL and UPS, but by DHL’s schedule to park the aircraft, as well as other ABX Air business adjustments.

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Estafeta grows H1 volumes by 12.5pct

Posted by | Aug 19, 2008 | |

Estafeta increased its volumes by 12.5 pct in the first half of 2008 despite a 6 pct drop in overall air cargo volumes in Mexico due to the impact of the slowing US economy, local media reported.

The leading express company handled a daily average of 58,800 shipments at its national hub at San Luis Potosí, in northern-central Mexico, which was equivalent to 180 tonnes a day.

The Mexican express market is facing difficult conditions due to higher fuel prices and the US economic recession, according to the Estafeta chief. Foreign carriers reduced their capacity in the Mexican market by 15pct in the first half-year while local airlines grew by 7.1pct, he said. But Armendáriz stressed: “Air cargo is a critical factor for the country’s competitiveness, although we still have to do much so that this sector can become a true catalyst for the national economy.

Estafeta is investing some USD 30 million (EUR 19 million) in its air network and infrastructure this year. The bulk of the investment will go on a runway extension at its hub at San Luis Potosí in northern-central Mexico that will enable international flight operations. It has also added two Bombardier CRJ jets with capacity of five tonnes to its fleet of five B737 cargo planes, which have capacity of about 14 tonnes and operate to 12 destinations within Mexico and abroad. Other new centres are planned in central Mexico.

In 2007, Estafeta increased net sales by 13pct to USD 250 million and carried 25 million shipments. It said at the start of this year that it is targeting 15pct revenue growth this year, partly to be generated through a new LTL trucking service covering Mexico and the USA.

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FedEx Corp. Board declares quarterly dividend

Posted by | Aug 19, 2008 | |

The Board of Directors of FedEx Corporation declared a quarterly cash dividend of USD 0.11 per share on FedEx Corporation common stock. The dividend is payable October 1, 2008 to stockholders of record at the close of business on September 10, 2008.

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UPS – Alcatel-Lucent agreement

Posted by | Aug 18, 2008 | |

UPS will be the Lead Logistics Provider in Asia for Alcatel-Lucent Enterprise Solution Division (ESD), which has expanded its venture in Asia-Pacific with the recent opening of its new 45,600 sq.ft distribution centre in Hong Kong. The facility, being a radio frequency-driven operation, enables real-time transactions and guarantees 100 pct accuracy.

UPS will perform various logistical activities like inbound receiving, storage services, inventory management, pick-and-pack operations, returns management and outbound transportation management.

The activation of the new Hong Kong logistics centre, which is fully dedicated to Alcatel-Lucent ESD, cuts delivery response time by days and reduces direct operating expenses for Alcatel-Lucent. In the past, products were shipped from Europe and the US to customers in Asia.

Since being appointed as contract logistics consultant in 1999, UPS’s relationship with Alcatel-Lucent has led to various signed agreements like the XPO MOU (return logistics with repair vendor management) in July 2003, the XPL contract (4PL contract for logistics distribution with one DC in France) in August 2003 and the LOGOS contract (4PL contract for logistics distribution with one DC in France and one RDC in Hong Kong) in April 2008.

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TNT completes integration of Speedage

Posted by | Aug 18, 2008 | |

TNT is rebranding its India-based domestic road express arm from Speedage to TNT. The name change shows the successful integration of Speedage, a company TNT acquired in September 2006, into TNT’s global express network. Operating under a single brand will support TNT’s strategy to become the market leader in the Indian market for domestic and international express services, using an integrated air and road network.

“This is the first acquisition in India by one of the top four express players to be rebranded. We now offer customers a single point solution for international air, domestic next day and domestic day-definite services, using an integrated air-road network”, says Abhik Mitra, Managing Director, TNT India.

The rebranding will be accompanied by the set up of a single Customer contact number. The name change will encompass signage, vehicles, uniforms, the website, and every touch point where the brand is visible. A single brand gives more visibility to the company, its products and services.

Headquartered in Bangalore, TNT India has 3,500 employees, 614 depots, 29 hubs and 1,546 road line-haul vehicles all over India.

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