Tag: North America

Lost line-haul business impacts ABX in 3Q

Posted by | Nov 10, 2006 | |

Losing a contract to manage over-the-road freight operations of DHL Network Operations Inc. took a bite out of ABX Air Inc.’s third-quarter profit
The company said late Thursday it earned USD6.6 million, or 11 cents a share, for the quarter ended Sept. 30, down 10.8 percent from USD7.4 million, or 13 cents a share for the same quarter a year ago. Revenue dropped 24 percent to USD281.3 million from USD369.9 million in third-quarter 2005.
DHL, a subsidiary of Deutsche Post World Net of Germany, assumed management of its line-haul business in May, which ABX previously managed, pulling the Wilmington-based company’s profit down, ABX said. This year’s third quarter includes a USD257,000 impairment charge related to the loss of that contract.
DHL’s line-haul business contributed USD74.8 million revenue for ABX during last year’s third quarter.
For the first nine months of the year, ABX reported income of USD21.1 million, or 36 cents per share, which was flat compared to last year’s earnings of USD21.2 million. Revenue fell to USD954.1 million from USD1.1 billion a year ago.

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Study: Our lives in digital times

Posted by | Nov 10, 2006 | |

Digital technology did not create “the paperless society” that many had predicted, at least not yet, but it does have people communicating more than ever, according to a new assessment of the impact of information and communications technologies (ICTs).

The study, published today in the Connectedness Series, examines some of the expected outcomes expressed about the widespread use of ICTs in everyday life when these technologies were introduced, and shows that some of them have so far not materialized.

It finds that some of the key outcomes of ICTs are manifested in shifting behavioural patterns, including communication and spending. For example, patterns of communication are changing and people are talking on the phone and using email more than they ever have.

The arrival of the personal computer gave much talk to the “paperless office”. However, between 1983 and 2003, consumption of paper for printing and writing alone more than doubled, according to the study, entitled “Our lives in digital times”.

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USPS launches re-designed desktop Shipping Assistant

Posted by | Nov 9, 2006 | |

The Postal Service’s popular desktop Shipping Assistant application has been re-designed with new features to save customers time and money. The free and easy-to-use application combines label printing and package management in one program that customers can download at their convenience from www.usps.com.

The new edition, Shipping Assistant 3.0, adds the ability to print customs forms and international mail labels, enhanced address book management tools, more user preferences and an integrated help component. Another new feature allows customers to schedule and manage Carrier Pickup requests right from the desktop application.

“Shipping Assistant is for all mailers, but particularly small- to mid-sized business customers who ship 50 to 200 packages a day,” said Vice President for Product Development Nicholas Barranca. “These customers need a powerful online shipping environment and Shipping Assistant provides it — in a new, cleaner and more user-friendly design.”

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USPS launches re-designed desktop shipping assistant – customs forms, international labels among new features

Posted by | Nov 9, 2006 | |

The Postal Service’s popular desktop Shipping Assistant application has been re-designed with new features to save customers time and money. The free and easy-to-use application combines label printing and package management in one program that customers can download at their convenience from http://www.usps.com.

The new edition, Shipping Assistant 3.0, adds the ability to print customs forms and international mail labels, enhanced address book management tools, more user preferences and an integrated help component. Another new feature allows customers to schedule and manage Carrier Pickup requests right from the desktop application.

“Shipping Assistant is for all mailers, but particularly small- to mid- sized business customers who ship 50 to 200 packages a day,” said Vice President for Product Development Nicholas Barranca. “These customers need a powerful online shipping environment and Shipping Assistant provides it — in a new, cleaner and more user-friendly design.” Other new Shipping Assistant features include: * The addition of Priority Mail Flat Rate boxes and large Global Priority Mail Flat Rate envelopes, for a total of four flat-rate shipping options. * The ability to compare postage rates and estimated delivery times, including Express Mail commitments. * Domestic address verification. * The option for customers to review their mailing records and confirm shipment delivery status.

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Deutsche Post CEO reiterates 2009 breakeven for US Express operations

Posted by | Nov 6, 2006 | |

Deutsche Post World Net AG chief executive Klaus Zumwinkel reiterated its forecast that the company’s Express business in the US would break even in 2009.

Speaking to reporters, Zumwinkel said the EBIT of the US Express business would certainly improve in the second-half of the year, with a ‘three digit million’ eur positive impact on earnings for the period.

He said DHL currently has around a 10 pct market share in the US. ‘If we get a 12 pct market share, then we will be happy,’ he added.

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