Tag: UK

FedEx Corp. Reports fourth quarter and full year earnings

Posted by | Jul 16, 2008 | |

FedEx Corp. reported a loss of USD 0.78 per share for the fourth quarter ended May 31, compared to earnings of USD 1.96 per diluted share a year ago. The quarter’s results include the previously announced charge of USD 891 million (USD 696 million, net of tax, or USD 2.22 per diluted share) related predominately to one-time, non-cash asset impairment charges. These charges were associated with the decision to minimize the use of the Kinko’s trade name and a reduction in the value of the goodwill resulting from the Kinko’s acquisition. Last year’s fourth quarter included a USD 0.06 per diluted share net benefit from a settlement with Airbus related to the A380 aircraft order cancellation. Excluding these items, earnings were USD 1.45 per diluted share in the fourth quarter compared to USD 1.90 per diluted share a year ago.
Full Year Results
FedEx Corp. reported the following consolidated results for the full year:
• Revenue of USD 38.0 billion, up 8 pct from USD 35.2 billion the previous year
• Operating income of USD 2.08 billion, down 37 pct from USD 3.28 billion last year
• Net income of USD 1.13 billion, down 44 pct from last year’s USD 2.02 billion
• Earnings per share of USD 3.60, down 44 pct from USD 6.48 per share a year ago
Capital spending for fiscal 2008 was USD 2.9 billion. Fiscal 2007 results also included costs associated with upfront compensation and benefits under the new pilot labor contract at FedEx Express, which reduced second quarter earnings by approximately USD 0.25 per diluted share. Excluding the above items, earnings were USD 5.83 per diluted share for the year compared to USD 6.67 per diluted share a year ago.

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DHL rolls out safety courses for the logistics sector (UK)

Posted by | Jul 16, 2008 | |

DHL Exel Supply Chain has created a series of courses to help companies in the UK improve their health and safety records and reduce costs.

The course includes 30 practical and desk-based modules on first aid, manual handling, fire safety and driving techniques, and has also been designed to help trainers improve their skills and provide a more effective way of teaching.

It was initially developed for the company’s Patient Transport Services business, but after receiving a Gold Award from the Royal Society for the Prevention of Accidents DHL decided to make the programme more widely available.

The company also has plans to roll out the initiative in other countries once it is established in the UK.

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Awards for city's TNT branch

Posted by | Jul 16, 2008 | |

The Edinburgh operation of business-to-business express delivery giant TNT has picked up two top honours at an international awards ceremony.

The company branch at Turnhouse Road picked up two trophies at the annual IFW Freighting Industry Awards, winning the Express Operator of the Year and Customer Care categories.

The Express Operator category was voted for by customers, while TNT’s winning Customer Care submission outlined 16 new customer-led initiatives the firm had put in place in the past year.

Edinburgh Depot general manager Ailsa Webb said: “This is a real coup for the business. We have won many honours in the past but this is the first time we have won two awards that are so clearly linked to our customers.”

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DPD launches new modeshift campaign

Posted by | Jul 16, 2008 | |

DPD has launched a new modeshift campaign promoting its product DPD Classic and committing itsself to sustainable development under the slogan “Why fly parcels in Europe?”.

As part of the new campaign, the multi-language website www.whyflyparcels.com represents different aspects of DPD’s sustainability strategy introducing the modeshift concept as well as the ECO Calculator. This web-based calculator which calculates the CO2-equiv. emissions representing all green house gases produced during the transportation of package consignments by road and in the air.

The company’s strategy for ecologically and economically sound trade is helping shippers make a better choice. With whyflyparcels.com DPD shows that flying parcels within Europe can create up to eight times more CO2 equiv. although air freight remains the ideal method of transport for goods are required urgently such as relief supplies, high-value goods or spare parts that need to be transported over great distances. The company points out that there are numerous non time-critical goods and that could easily be transported by road and not by air.

The ECO Calculator allows customers to compare the effects of the two transport modes by road and by air on climate change. The simulation is based on a totally virtual network and uses data to reflect the reality in a best possible way. It has been supported and assisted by an independent sustainable development agency O2 France relying upon expert sustainable development knowledge.

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Cryoport teams up with FedEx

Posted by | Jul 15, 2008 | |

CryoPort, Inc, a supplier of temperature sensitive shipping solutions for the frozen biopharmaceutical industry, announced the release of CryoPort Express Portal 1.0 to select pharmaceutical and biomedical providers for final validation. The development and release of the portal follows an extensive review of existing solutions in the market and development of the portal using the latest Web. 2.0 standards and on demand cloud computing technologies. The result provides a rich, dynamic and highly interactive user experience as well as a highly secure and scalable architecture capable of supporting the planned growth of the Company.

CryoPort has introduced the industry’s first pay-per-use shipping solution with no up-front costs to the customer. This is backed up by an innovative user interface that greatly simplifies order-entry, automatically schedules multi-leg shipments, creates shipping labels and export documentation, provides real-time end-to-end tracking of the entire cold chain, and generates alarm notification of shipping delays.

CryoPort’s Express Portal is tightly integrated with the Federal Express data centre via a real-time B2B Web Service that enables CryoPort to monitor every step of the shipping process. Order processing, validation and scheduling are completed in real-time as the customer enters the order. Once the shipper enters the FedEx system, the CryoPort system will continuously monitor every step of the shipment through the FedEx operational framework. This unprecedented visibility into real-time shipping status information enhances CryoPort’s ability to detect and remedy shipping delays before they become costly operational exceptions.

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