Systems Material Handling chooses DHL as international provider
Global parts distributor leverages DHL’s international expertise for global parts distribution.
Read MoreTag: Mexico
Express operators continue investment in Mexico
DHL, UPS, FedEx and Estafeta continue to invest in the Mexican market despite signs of slowing growth due to lower demand from the USA.
Read MoreFedEx Express, Mexican Treasury Department to renew SMB support agreement
Since 2004, the Department of the Treasury and FedEx Express have offered SMBs the potential to access global markets.
Read MoreFedEx Express opens new station to process shipments within Mexico
FedEx Express announced the start of operations for FedEx Express Nacional, a domestic overnight service in Mexico, and the opening of the Toluca Hub Multiplex, its new center of operations for domestic shipments.
The service covers all 32 Mexican states with the support of two new centers of operations in Toluca (Multiplex) and San Luis Potosi, the latter to open in early 2009.
The express shipping market in Mexico is valued at USD 822 million and is projected to grow to USD 1.5 billion in the next 10 years, according to the Mexican Civil Parcel and Shipping Association.
FedEx begins domestic express operations today from the Toluca Hub Multiplex. The new facility has the capacity to process 6,000 shipments per hour with 48 new employees. FedEx expects the sorting capacity and the number of employees to increase during the next few years.
Toluca Hub Multiplex is the FedEx Express domestic service distribution center in Mexico’s Federal District metropolitan area and measures 3,780 square meters. It is located close to the two largest industrial parks in Toluca.
FedEx Office cuts 650 workers
FedEx Office is cutting 650 jobs worldwide, as the company plans to shut FedEx Kinko’s stores in the USA, Australia, the Netherlands and Mexico. Australia has arguably been the hardest hit, with approximately 200 jobs set to go in the US, and 250 Australian jobs making up the 450 jobs likely to be cut outside the US. Likewise, 17 stores in total will be closed outside the US, 11 of these in Australia.
A formal date for these closures is yet to be set, though the company says it is aiming to have them all done by May 31st, the end of the US financial year.
The company rejected the notion that the decision was made in light of this week’s stock market plunge which has signaled a global economic downturn.
Robertson claims the company didn’t take the decision lightly, and canvassed a variety of options before settling on a pull-out.
With roughly 250 employees on its books in Australia, the company says it is hoping to find positions for some of them in other areas of the FedEx corporation.
It’s likely that most of the closures will be staggered over the coming months, as the company assesses the matter on a store-by-store basis.
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