Tag: North America

UPS spends USD 1.3M lobbying

Posted by | Aug 12, 2008 | |

UPS Inc. spent more than USD1.3 million in the second quarter to lobby on issues including its plan to carry air packages in North America for DHL, according to a recent disclosure form.

The Atlanta-based company also lobbied on the reauthorization of the Federal Aviation Administration, appropriations for the departments of Transportation and Housing and Urban Development, as well as legislation dealing with patent reform, data security and health care policy.

UPS also lobbied on aviation safety issues and technology, as well as UPS’ “proposed airlift agreement with DHL,” according to the form posted online July 16 by the House clerk’s office.

The second quarter runs from April through June. On May 28, UPS announced it was seeking to work out a contract with DHL that would involve UPS providing the air transport of DHL packages between airports in North America, but not the pickup or delivery of DHL packages to customers.

UPS asserts the federal government does not have authority over the vendor relationship.

Besides Congress, UPS lobbied the departments of Transportation, Homeland Security, labor and other agencies in the April through June period.

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FedEx Ground names Entrepreneurs of the Year (USA)

Posted by | Aug 12, 2008 | |

FedEx Ground recognized three small business owners with one of the company’s highest honors for independent contractors. Keith Herzig of Hartford, Conn., Sunil K. Patel of Philadelphia and Raymond Skiptunis of Trenton, N.J., were named FedEx Ground Entrepreneurs of the Year at a banquet recognizing them for their business development, customer service results, safety record, and community support.
The FedEx Ground Entrepreneur of the Year honor was established in 2007 to pay tribute to those independent contractors who have built businesses that most consistently go the extra mile to safely deliver superior customer service, help fellow independent contractors succeed, and support their local communities. Of the more than 13,000 independent contractors supporting the FedEx Ground network, Herzig, Patel and Skiptunis were recognized for best exemplifying these traits in 2007-2008.
Since the founding of the Entrepreneur of the Year program, FedEx Ground has named 140 regional honorees. Herzig, Patel and Skiptunis were selected from a group of 20 finalists from this year’s regional winners.

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UPS looks to China for M&A

Posted by | Aug 12, 2008 | |

United Parcel Service hopes to buy a firm in China and boost staff there in coming years.

UPS, a bellwether of the U.S. economy along with rival FedEx Corp, last month posted earnings in line with expectations but hit by rising fuel costs and a weak economy.

Trying to drive growth beyond a U.S. market that accounts for more than half its revenue, UPS will be opening two USD 180 million transport hubs in China and wants to nearly quadruple its staffing there in the next few years, hoping to serve growing demand for delivery services within a relatively untapped market.

“U.S. consumers are not buying, but I think the great opportunity for us internationally is business that never touches U.S. shores,” Dan Brutto, the president of the company’s international business, told Reuters in an interview on Monday.

UPS has doubled its headcount in China over the past 18 months to around 5,300, but expects that number to increase by at least 1,000 annually over the next 3-4 years, said Brutto.

It’s now looking for acquisitions within the world’s fourth largest economy, despite fears that Chinese growth will taper off over 2008 and 2009.

“You could say UPS China should really have 25,000 employees. The business is out there,” Brutto said.

(USD=6.85 yuan)

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ATSG reports second quarter results

Posted by | Aug 11, 2008 | |

Air Transport Services Group, Inc. reported a 40 percent increase in second quarter revenues, and a loss for the quarter, principally due to certain unreimbursed overhead expenses as a result of the recent arbitration ruling.
ATSG’s revenues were USD 394.9 million for the second quarter of 2008, compared with USD 281.3 million in the second quarter of 2007, an increase of USD 113.6 million.

Second-quarter DHL revenues from expenses subject to markup decreased 11 percent, as ABX Air operated fewer aircraft and managed fewer facilities for DHL than a year ago.
As previously reported, arbitrators ruled that ABX Air’s general overhead expense, excluding certain corporate costs, should be reimbursed in full with mark-up by DHL through the end of 2007 per the commercial agreements, but reimbursed only in part based on a negotiated allocation formula starting in 2008.

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