Tag: International

China regulators penalize FedEx over letter deliveries

Posted by | Oct 23, 2008 | |

The State Post Bureau said local regulators in the city of Tianjin and in Sichuan province imposed penalties on China units of FedEx Express earlier this month for delivering letters, in violation of the China Post Group’s legal monopoly.
The bureau said in a statement that the Tianjin regulator imposed unspecified “administrative penalties” while the Sichuan regulator fined the local branch of FedEx 3,000 yuan.
China opened its domestic express market to foreign competition at the end of 2005 in accordance with promises made on entering the WTO. However, postal law still restricts letter delivery to China Post Group
The penalties are the first to be levied against a foreign express courier.
“FedEx is currently working with the authorities to ensure full compliance with local laws and regulations. We are not at liberty to discuss details,” said a media officer with FedEx China.

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UPS releases 3rd quarter results

Posted by | Oct 23, 2008 | |

UPS reported diluted earnings per share of USD 0.96 for its third quarter on a 7.4pct increase in revenue. This represents an 8.6pct decline from the USD 1.05 per share reported on an adjusted basis for the comparable 2007 quarter. The company’s international and supply chain businesses demonstrated strength despite a challenging global economic environment.
Unadjusted diluted earnings per share of USD 1.02 for the 2007 third quarter included a restructuring charge and related expenses for a supply chain business in France. Diluted earnings per share for this year’s third quarter declined 5.9pct compared to this amount.
“UPS managed the business well in this very tough economic climate,” said Scott Davis, UPS’s Chairman and CEO. “We continue to see growth in our international and supply chain businesses while maintaining our focus on cost control and revenue management throughout our organization. UPS also is investing to ensure growth in the future so that the company will be even stronger when the global economy rebounds.”

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GLS Austria claims "Express-Parcel" is 100 pct on-time

Posted by | Oct 23, 2008 | |

GLS Austria said it has recorded a continuously growing demand for its “Express-Parcel” service introduced in February this year and is achieving 100 pct on-time delivery within the defined time-frame.

Nine months after the introduction of the service, the shipment volumes are steadily growing at double-digit rates, the company said in a statement. Next-day delivery by 17:00 is the standard option of the express service. Similar to basic parcel delivery, Express-Parcel can be combined with various additional services such as complementary insurance as well as time-definite and Saturday deliveries.

The special feature of the Austrian express product is its integration in the company’s parcel system.

According to GLS Austria, the 12:00 delivery is the most popular service option accounting for about 40 pct of all GLS express shipments nationwide.

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DHL ends service to Associated Mail & Parcel Centers

Posted by | Oct 23, 2008 | |

According to parcel industry sources, the Associated Mail & Parcel Centers has informed its centers that DHL will cease all domestic air and ground service to that organization within 90 days. DHL International shipments through Mail & Parcel Center Channels will continue without any changes to that service.

AMPC officials informed their centers that DHL marketing officials had informed them of the change via a phone conversation late last week. The AMPC notice stated that DHL indicated that written notice would be sent to all AMPC outlets shortly.

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Firebox signs deal with Royal Mail Sameday (UK)

Posted by | Oct 22, 2008 | |

Online gadget retailer Firebox.com has signed a deal with Royal Mail’s Sameday service to offer customers within the M25 an extra delivery option in the run up to Christmas. The Sameday service offers those within the M25 delivery between 6pm and 9pm if they place an order before 2pm.
Firebox.com already offers a range of delivery options including Royal Mail’s Local Collect service, which allows customers to ask for an item to be taken directly to a Post Office branch if they know they will not be at home to receive it.

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