Tag: North America

U.S. Postal Service hit hard by gas prices

Posted by | Jun 17, 2008 | |

Rising gas prices are hitting the budgets of businesses that maintain fleets of vehicles.
It now costs the U.S. Postal Service USD 8 million every time there is a one cent increase in the price of gasoline according to postal authorities.
Although the Post Service gets discounts because of bulk purchases of fuel, the price increases are forcing officials to find more cost efficient ways to operate.
Some changes being considered include packing mail more tightly to reduce the number of vehicles needed for transportation.

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Ohio urges DHL to reconsider UPS move

Posted by | Jun 17, 2008 | |

Ohio is asking the German owner of package delivery company DHL to reconsider a proposal that could mean the loss of at least 6,000 jobs at the DHL hub in southwest Ohio.

DHL wants to drop ABX Air and ASTAR as its air cargo handlers at the hub in Wilmington and replace them with Atlanta-based United Parcel Service. UPS would handle DHL packages at UPS’ existing hubs.

Ohio Lt. Gov. Lee Fisher says Frank Appel, chief executive of Deutsche Post World Net, told him Monday that he would be willing to explore other options, but made it clear that DHL intends to move forward with the UPS transaction.

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DHL signs new agreement with leading motorcycle manufacturer

Posted by | Jun 17, 2008 | |

DHL announced a two-year, multimillion-dollar agreement with KTM North America, Inc., a motorcycle manufacturer.
Under the agreement, DHL becomes the preferred overnight express shipping provider for KTM, delivering parts and accessories to KTM dealers across the U.S. and Canada, while providing the latest automated tracking, shipping and invoicing solutions.
DHL will also be the official shipping provider for KTM racing teams, delivering bike parts and accessories needed at motor sport events.
KTM is one of the world’s leading manufacturers of off-road, street motorcycles and ATVs. DHL will provide KTM with its domestic express and international services for delivery of motorcycle parts, accessories and safety gear from KTM’s distribution center in Cleveland, Ohio to more than 350 KTM dealers across the U.S. and Canada. DHL will also transport specialized motorcycle parts and safety gear to KTM teams at competition venues in the U.S.
DHL is the first shipping and logistics provider that will enable KTM to receive its invoices electronically, through an electronic interface between KTM’s Austria headquarters, its U.S. operation and DHL’s own backend system. DHL has also integrated its backend shipping network with KTM’s order management system, cutting the shipping preparation time from seven minutes to only seconds per package.

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EMA Foundation for Paper-Based Communications Institute for Postal Studies Releases 2008 Economic Jobs Study

Posted by | Jun 17, 2008 | |

The EMA Foundation for Paper-Based Communications’ Institute for Postal Studies has just released the 2008 Economic Jobs Study, which is an update to their 2003 study. The study reveals that there are approximately 8.4 million jobs and over USD 1 trillion in revenue associated with the mailing industry.

The study breaks down the jobs by state and congressional district. Jobs associated with the mailing industry are contained in two categories: 1) those that are associated with the creation of mail or the handling, distribution, delivery or receipt of mail and parcels; and 2) jobs associated with firms whose sales depend on mail and parcel carriers to deliver products that they sell or that use mail advertising to sell their products or
services.

This study analyzes data collected by the U.S. Bureau of Labor Statistics in its Occupation Employment Statistics program on employment by occupation and industry, the U.S. Census Bureau in its 2002 Economic Census, and the Direct Marketing Association’s study of jobs associated with direct mail marketing.

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Omega United, Inc. dba SkyPostal Networks completes USD 10 million private placement

Posted by | Jun 16, 2008 | |

Omega United, Inc. dba SkyPostal Networks, Inc., an international mail distribution company specialising in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC), announced the completion of a private placement financing totaling USD 10 million. Falcon Capital, a boutique investment banking firm based in London, acted as placement agent for the financing.
The Company also announced it converted approximately USD 3.2 million of debt into equity in the form of common shares. The new combined capitalisation of over USD 13 million strengthens SkyPostal’s now totally debt free balance sheet.
The net proceeds of the offering will be used to improve the hand delivery network in LAC with the deployment of its GPS delivery confirmation system, expand services to customers, and for potential acquisitions. “We believe this financing will enable SkyPostal to substantially accelerate progress toward our key strategic initiatives and solidify our market presence,” said Albert P. Hernandez, SkyPostal President and CEO. “With recent developments and the closing of this private placement, SkyPostal will be able to consolidate its network in LAC and expand its service offering to Europe. With this additional capital, we will be able to fast track the growth of the company both organically and through strategic acquisitions.”
SkyPostal has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.

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