Tag: UPS

UPS expands logistics campus in Canada

Posted by | Jun 11, 2008 | |

UPS’s Canadian division is adding 175,000 square feet to its two-year-old Burlington strategic logistics campus.

UPS said the addition will support faster shipping turn-around for the local, national and international businesses UPS serves in the area. When the project is complete, the campus will be 975,000 square feet.

The campus is an important central supply chain facility in Canada for major national retailers. Increasing e-commerce activity across Canada is driving customer requirements for post-sales service and returns management, UPS said.

“UPS is focussed on giving Canadian businesses a competitive edge, and the services offered by this expanded facility will increase the efficiency of our customers’ supply chains,” said Jan Macaulay, Vice President of business solutions for UPS Supply Chain Logistics.

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DHL faces anti-trust probe as Ohio representatives question UPS deal

Posted by | Jun 10, 2008 | |

Representatives of the U.S. state of Ohio are pushing for the Federal Justice Ministry to launch an anti-trust probe into Deutsche Post World Net AG.’s plans to tie up its U.S. air express DHL operations with UPS, Die Welt reported.

The representatives are trying to prevent DHL from cutting up to 8,200 jobs in the course of entering into a ten-year co-operation with competitor UPS.

In March, Deutsche Post said its fourth-quarter profit slid by more than 60 percent after it wrote down the value of its DHL unit. DHL is slashing network capacity in the U.S. by 30 percent, which includes closing and consolidating sorting facilities and streamlining pickup and delivery routes.

A spokeswoman for Deutsche Post told Die Welt that the company does not expect U.S. authorities to object to its planned co-operation with UPS.

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SMEs optimistic on intra-Asia trade

Posted by | Jun 9, 2008 | |

US economic woes are rattling Asian SMEs (small and medium-sized enterprices) and caution is the watchword amid chal-lenging times, according to a United Parcel Ser-vice (UPS) survey. Only 39 percent of the 1,200 respondents see growth in trade with the US this year, compared with 51 percent last year. But the majority of the SMEs (71 percent) are confident that intra-Asia trade will remain robust despite the economic woes in other regions.

The confidence in intra-Asia trade is a blessing in disguise for UPS as such enterprises provide the bulk of the freight forwarder’s business in Asia. Joseph Guerrisi, UPS vice-president of marketing for Asia-Pacific, said: “UPS is achieving better than the eight percent global growth it has forecast for freight business in Asia.”

However, surcharges that UPS imposes to help defray its surging fuel costs appear to be damping demand somewhat, and more customers are seeking cheaper shipment options, Woodward said.

A recent silver lining for UPS in Asia has been a higher-than-expected demand for its recent Anchorage-Nagoya-Shanghai service. Another positive development is that demand on some routes in Asia has been strong enough to justify a switch to larger aircraft, Woodward said.

Despite the general Asian bearish outlook, there are pockets of optimism among the Asian SMEs, according to the UPS Asia Business Montor. For example, in India some 87 percent of SMEs are upbeat about business growth prospects, which is most likely because of the country’s less dependence on US trade.

In general, Asian SME0 confidence in growth prospects for 2008 has slipped compared to the robust expectations last year, in light of the US economic slowdown, the survey shows.

Optimism has slipped across the region from 57 percent in 2007 to 52 percent in 2008 and a sentiment of caution pervades among SMEs. Half of the companies surveyed feel they will not perform quite as well as they did in 2007. China has slipped from second to fifth position in business prospects for 2008, surpassed by the Philippines, Indonesia and Malaysia while Japan SME’s confidence has dropped by 10 percent.

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UPS will have no presence at local hub

Posted by | Jun 6, 2008 | |

A spokesperson for United Parcel Service (UPS) said Friday the shipping giant will “unequivocally” not use the Wilmington hub in any way if an agreement with DHL is inked.

Norman Black, director of global media services, talked to the News Journal Friday from the UPS headquarters in Atlanta, Ga.

“Anything involving the future of that hub in Wilmington has got to be addressed to DHL. It’s their facility, their operation, their network, the thing that they’re changing. The only thing I can tell you unequivocally, is no, UPS is not planning on doing anything in Wilmington,” Black said.

He mentioned it was discussed at the press conference last week in Bonn, Germany, that if UPS is hired to take over DHL’s air transport, the agreement implicitly states it is based on using UPS’ existing air network.

The agreement may mean the direct loss of at least 8,200 employees in the southwest region of Ohio, according to local and state of Ohio public officials.

UPS and DHL announced the two major transportation companies are in talks over a 10-year agreement worth USD 1 billion annually.

UPS has six hubs, with the main global hub at Louisville, Ky. and other hubs in Ontario, Calif.; Dallas, Texas; Rockford, Ill.; Columbia, S.C.; and Philadelphia, Penn.

Black foresees no new information being available for two to three months while lawyers in the United States and Germany work behind the scenes on a final contract. After that is complete, the companies will build an operational plan.

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Greece to start Hellenic Post sale this year

Posted by | Jun 5, 2008 | |

Greece plans to begin the sale of its state-run postal company Hellenic Post (ELTA) this year, ahead of a deregulation of its postal services market, a government official said on Thursday.

Greece has been selling down stakes in state-controlled companies to strengthen the economy’s competitiveness and to help pay down public debt, which at about 95 percent of GDP, is one of the highest in the euro zone. The conservative government was examining two different ways of privatising ELTA but no decision had been made yet, Communications Ministry general secretary George Anastasopoulos told Reuters in an interview.

“Our aim is to begin procedures to find a partner for ELTA in 2008, or list company shares on the Athens bourse and then find a strategic investor,” he said.

Greece is targeting 1.6 billion euros in revenues from the sale of ports, airports and public companies this year, but has only raised about 450 million euros so far.

Analysts estimate that the government could garner a further 150 million euros if it sells up to 20 percent of ELTA.

“All over Europe we are seeing moves to attract investors and strategic partners in the (postal) sector, and we want to see what interest exists in ELTA. It’s our final chance to get ready before the market frees up,” said Anastasopoulos.

A strategic partner for ELTA’s courier subsidiary should be announced early next year, he added. Two companies out of an initial dozen that expressed interest will be asked to present binding bids.

He did not name the suitors but Greek media reported DHL, UPS, Speedex, TNT and Imperio-Star were in the race.

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