Tag: North America

Express Courier Systems, Inc. Launches New Division for Healthcare Companies

Posted by | Sep 20, 2007 | |

To better serve the time- sensitive transportation needs of healthcare companies and laboratories, Express Courier Systems Inc., today announced the formation of Medifleet. A standalone division of the company, Medifleet’s business is fully focused on healthcare organizations, providing them with a broad range of customized delivery solutions to meet their specialized needs. Medifleet offers same day pick-up and delivery service in many different markets across the country. Moreover, each member of Medifleet’s courier team has comprehensive training in ambient, cooled and frozen diagnostic specimen handling, and is OSHA, HIPAA and DOT compliant.

Medifleet also features a unique Dedicated Courier Program to provide its healthcare customers with added assurance in the professionalism of the courier servicing their business. Unlike other courier services that rotate drivers, Medifleet customers will have the same courier and dispatchers assigned to their business every day. This ensures the Medifleet team is fully familiar with the client’s location, staff, delivery routes, pick-up windows and any special requirements.

Read More

FedEx Corp. Reports higher first quarter net income

Posted by | Sep 20, 2007 | |

FedEx Corp. today reported earnings of USD 1.58 per diluted share for the first quarter ended August 31, compared to USD 1.53 per diluted share a year ago.

FedEx increased its revenue and earnings against the backdrop of a sluggish U.S. economy, said Frederick W. Smith, FedEx Corp. chairman, president and chief executive officer. Outside of the United States, the economy is generally solid, contributing to the growth in our international express shipments. I continue to believe that FedEx will, over the long-term, reap the rewards of our strategy of investing in key growth markets and strengthening and expanding our worldwide networks.

First Quarter Results

FedEx Corp. reported the following consolidated results for the first quarter:

Revenue of USD 9.20 billion, up 8pct from USD 8.55 billion the previous year

Operating income of USD 814 million, up 4 pct from USD 784 million a year ago

Operating margin of 8.8 pct, down from 9.2 pct the previous year

Net income of USD 494 million, up 4 pct from last years USD 475 million

While operating margin improved in the FedEx Express and FedEx Ground segments, consolidated margin declined due to a lower margin year over year at FedEx Freight and to network investments to increase capacity, improve service quality and increase productivity.

Total combined average daily package volume in the FedEx Express and FedEx Ground segments grew 8 pct year over year for the quarter, due to growth in ground and international express shipments. The increase in international domestic express shipments resulted primarily from recent international acquisitions.

Read More

FedEx first-quarter earnings up 3 pct to 1.58 USD per share; issues FY warning

Posted by | Sep 20, 2007 | |

FedEx Corp reported earnings of 1.58 USD per share for the first quarter, up 3 pct compared to 1.53 a year ago.

The company said revenue was 9.2 bln USD, up 8 pct from 8.55 bln USD the previous year, and operating income was 814 mln USD, up 4 pct from 784 mln USD a year ago.

Net income was 494 mln USD, up 4 pct from last year’s 475 mln USD.

However FedEx said it expects earnings to be 1.60-1.75 USD per share in the second quarter, compared to 1.64 USD a year ago.

‘While the U.S. economy is growing at a moderate pace, recent financial market volatility and high energy costs have increased the uncertainty surrounding the near-term economic outlook, and weakness in the housing sector continues,’ said Alan Graf, FedEx’s chief financial officer. ‘As a result of this weaker than anticipated economic environment, particularly its impact on the LTL freight market, we have reduced our earnings forecast by four percent for the full year.’

For the full year, the company now expects earnings of 6.70-7.10 USD per share. The capital spending forecast is 3.5 bln USD, of which FedEx said approximately 70 pct is targeted for growth. ‘However, management is reviewing the timing of capital outlays, which could result in lower spending for the year.’

Read More

Pitney Bowes makes ten-best list for green efforts

Posted by | Sep 20, 2007 | |

Pitney Bowes Management Services has been selected as one of the Top 10-ranked outsourcing vendors for environmental stewardship, according to a recent Brown-Wilson Group independent study of industry decision makers and analysts. PBMS also ranked first in the category of Document Processing Outsourcing.

The efforts of the company’s task force have resulted in the installation of better insulation and climate-control hardware and the use of more energy-efficient and better quality lighting.

The company is also in the final stages of an eco-friendly world headquarters renovation. After completing the first two of five phases, 193 tons of demolition and construction debris has been recycled. At this rate, by the end of phase five, 450 tons of debris will have been saved from the landfills and recycled instead.

Pitney Bowes has a history of environmental consciousness. In 2006 Pitney Bowes purchased renewable energy certificates (RECs) to offset 17 percent of the electricity consumed annually by the company’s corporate office facilities in the United States and United Kingdom.

Pitney Bowes is a founding member of the Green Power Market Development Group, a collaboration of 12 leading US corporations and the World Resources Institute united to building corporate markets for renewable and eco-friendly energy.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest