UPS CEO Davis earned $5.6m in 2008 total compensation
UPS CEO Scott Davis was paid $5.6m in total compensation last year, more than double his $2.64m in 2007 total compensation when he was CFO, according to the company’s proxy statement.
Read MoreTag: International
Former FedEx executives to lead Warehouse86
Former FedEx Kinko’s executives Ken May and Bill Doherty have landed back in Memphis as partners at reverse logistics provider Warehouse86 Ventures LLC.
Read MoreRoyal Mail: privatisation of strategic interest
Plans to part-privatize Royal Mail are attracting strong interest in its parcel division, which focuses on the more resilient road and home delivery market sectors. It currently holds an estimated 7% share in the European express market and is well positioned given the current economic climate, making it an interesting target for companies wanting to increase their footprint in these growth areas.
Read MoreParcelnet joins first Europe-wide home delivery service
The delivery specialist, now renamed ‘Hermes’, is the UK arm of a pan-European home delivery (and returns) network being built by Germany’s Hermes Logistik Gruppe. JD Williams and Land’s End have become the first to sign up.
Read MoreUnion: Executive bonuses paid from compo savings
A union has claimed that injured Australia Post employees are allegedly being forced back to work early, and that savings in compensation payments are being used to fund bonuses for senior executives.
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