Tag: North America

FedEx Express to increase shipping rates in 2009

FedEx Corp. will increase shipping rates for FedEx Express by an average of 6.9 percent for U.S. and U.S. export services, effective January 5, 2009. The rate increase will be partially offset by adjusting the fuel price at which the fuel surcharge begins, reducing the fuel surcharge by two percentage points.
Rates and surcharges for FedEx Ground also will increase for 2009. These changes will be announced later this year.
Additional changes will be made to other FedEx Express surcharges effective Jan. 5, 2009.

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FedEx hub project gets federal money (U.S)

The FedEx Corp. cargo-hub project at Piedmont Triad International Airport will get more than USD 5 million in federal financing for construction work, the office of U.S. Rep. Howard Coble said.
Coble said that the Federal Transit Administration will provide the airport with nearly USD 4.5 million for the extension of Taxiway D that serves regular air traffic. The money will be used for Phase One of the construction project.
The Federal Aviation Administration will provide the airport with USD 1.1 million for costs directly associated with construction of the cargo hub. The money will be used to build the new runway and associated taxiways, and to buy land.

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Snail Mail is going digital (U.S)

The U.S. Postal Service (USPS) is going digital on bulk mail service. Unique scannable bar codes will start to show up in May 2009 on business, first class mail and packages. The codes should speed up processing of that mail and will allow businesses as well as post offices to track the movement and delivery of each piece sent.

Businesses can expect the bar codes to bring the same kinds of efficiencies in data mining and management found online to snail-mail billing and direct marketing. The digital mail revolution, named “Intelligent Mail” by the USPS, will help companies zero in on their best sales prospects by much more quickly gauging response rates to mail offers and tweaking pitches if they flub.

By May 2011, all bulk mail must be coded to receive postage discounts, although, at first, mailers can choose whether or not to use Intelligent Mail. Figure about half of first-class mail will be voluntary participants.

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UPS Board Declares Dividend

The UPS Board of Directors declared a regular quarterly dividend of USD 0.45 per share on all outstanding Class A and Class B shares.

The dividend is payable Sept. 9, 2008, to shareholders of record on Aug. 25, 2008. UPS has either increased or maintained its dividend every year for more than three decades.

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U.S. Postmaster General cautions of perfect economic storm

Postmaster General John E. Potter challenged the mailing industry, cautioning mailers about the severity of the current economic climate and urging them to create new growth opportunities.

Citing fluctuating oil prices, inflation in paper prices and the strife in the financial markets, Potter described challenging economic conditions as the most difficult time since the 1960s. The additional move of hardcopy messages to the Internet and questions about mail’s environmental impact have led to a volume decline of 9 billion pieces this year.

Despite the tough times, Potter called on the mailing industry to seek new sources of growth.

Despite the challenges ahead, Potter remains confident in the strength and commitment of the Postal Service and the mailing industry as a whole.

The Postmaster General’s comments came during the national Postal Customer Council (PCC) Day broadcast, an annual event that brings mailers, industry partners and customers together to recognize their contributions to the Postal Service and outline future plans and goals.

To help keep the lines of communication open, the Postal Service has launched the first official postal blog at 2blogPCC.com. Customers can discuss important topics facing the mailing industry, access the latest information and provide feedback.

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