Tag: UPS

Staples and UPS Announce Joint Venture in China for New Co-Branded Stores

Posted by | Oct 29, 2007 | |

Staples, Inc. and UPS today announced a joint venture to launch a new co-branded store in China. The new store format, co-branded Staples UPS Express, combines office supplies and document processing services from Staples, the world’s largest office products company, with packaging and international shipping services from UPS, the world’s largest package delivery company. The first two Staples UPS Express locations opened today in Beijing. Two additional locations are planned to open in Shanghai by the end of 2007.

“China is an important part of Staples’ long-term global expansion,” said Weiguo Jin, chairman of Staples China. “By partnering with UPS, the global brand for package delivery, Staples is pursuing a new growth area in the world’s fastest growing market. The new Staples UPS Express store concept will serve Chinese business customers with an easy way to satisfy their frequent, time-sensitive needs for complementary office products and services.”

“The Staples UPS Express concept in China stems from a long-term alliance between the two companies,” said Richard Loi, senior vice president, UPS Asia Pacific and China District. “Our strengths, interests and commitment to China have led us to develop Staples UPS Express which will offer customers a convenient, one-stop location for office supplies, document services and international shipping needs. Chinese business customers will benefit from the customized solutions and one-to-one customer experience Staples UPS Express stores will present them.”

The first two stores are located in Beijing Central Business District and the Financial Street. Every store will include a broad range of core office supplies, document processing services, international package shipping and packaging and labeling services for business customers and consumers. Customers can expect their UPS shipments to be picked up within 30 minutes of their phone request.

Read More

UPS & Staples to establish joint venture in China

Posted by | Oct 29, 2007 | |

UK based office product supplier Staples and UPS are planning to establish a joint venture to launch new co-branded stores in China.

The new store format, co-branded Staples UPS Express, combines office supplies and document processing services from Staples with packaging and international shipping services from UPS.

The first two Staples UPS Express stores will be opened in Beijing’s Central Business District. Two additional locations are planned for Shanghai by the end of 2007.

“The Staples UPS Express concept in China stems from a long-term alliance between the two companies,” said Richard Loi, senior vice president, UPS Asia Pacific and China District.

“Our strengths, interests and commitment to China have led us to develop Staples UPS Express which will offer customers a convenient, one-stop location for office supplies, document services and international shipping needs. Chinese business customers will benefit from the customized solutions and one-to-one customer experience Staples UPS Express stores will present them,” Loi said.

Every store will include a broad range of core office supplies, document processing services, international package shipping, and packaging and labeling services for business customers and consumers. Customers can expect their UPS shipments to be picked up within 30 minutes of their telephoned request.

Read More

FedEx Kinko's Opening 2 More Stores in China

Posted by | Oct 26, 2007 | |

FedEx Kinko’s under the wing of the global express delivery giant FedEx announced on October 24 the establishment of two new stores in Shanghai, Eastern China.

The number of its stores in China has been driven up to 17 now. Another nine stores are scheduled to start service before June 2008 in order to meet the increasing needs of small and midsize corporate customers, James Brigance, vice president responsible for FedEx Kinko’s operations in Asia Pacific, disclosed in an interview.

FedEx Kinko’s has been mainly engaged in the provision of package/envelope and office/print services since it marched into the world’s fastest growing economy in 1997.

Previously, it cast its eye mostly to multinationals, acknowledged the vice president. But its target customers have gradually changed with a spate of small and midsize companies in the country.

Currently, FedEx Kinko’s is focusing on small and midsize companies, whose demand is on the surge these days, the vice president noted.

UPS has also attached great importance to small and midsize corporate users. As early as last August, it set up two UPS Express stores in the Far Eastern metropolis of Shanghai, the first of their kind in China.

The stores, with a simplified delivery procedure, have reportedly offered a full range of shipping options for international shipments, including UPS worldwide express plus, UPS worldwide express, UPS 10-kg box delivery services, and UPS 25-kg box delivery services, in addition to professional consulting services.

Read More

UPS 3rd quarter earnings

Posted by | Oct 23, 2007 | |

UPS today reported a 9.4 pct increase in adjusted diluted earnings per share for its third quarter on a 4.7 pct gain in revenue. The company saw significant improvement in the supply chain and freight segment and good gains in its international business. Its U.S. small package operation posted modest improvement in spite of a sluggish economy.
For the three months ended Sept. 30, 2007, adjusted diluted earnings per share climbed to USD 1.05 as consolidated package volume rose to an average daily total of 15.25 million.
The adjusted financial results exclude a USD 46 million restructuring charge and related expenses for a supply chain business in France. Including the impact of this charge, diluted earnings per share increased 6.3 pct to USD 1.02 compared to USD 0.96 per diluted share in the same period in 2006.
“This was a very good quarter for the company from many perspectives,” said Mike Eskew, UPS’s chairman and CEO. “First, UPS turned in a solid performance in the face of a slower U.S. economy. We reached tentative agreement with the Teamsters on a new contract almost a year early. And we unveiled industry-leading service and technology innovations.”
Adjusted operating profit improved 11.3 pct with gains in all three business segments. Consolidated revenue per piece increased 3.1 pct.
“Once again, UPS’s balanced network around the globe produced solid results even in the face of a lackluster U.S. economy,” said Scott Davis, UPS’s vice chairman and CFO. “Fourth quarter results will be driven by good performance in our international operations and further gains in supply chain and freight. We expect slowing retail sales will restrain U.S. domestic volume growth. For the full year, we expect adjusted diluted earnings per share to be between USD 4.13 and USD 4.19, well within the range we provided at the beginning of 2007.”

Read More

DHL initiative makes it No. 1 courier in China

Posted by | Oct 21, 2007 | |

Since the 1990s, China’s international courier market has gradually been taken over by the four international giants — DHL, TNT, UPS and FedEx, which have been growing by more than 20 percent to 40 percent per annum. EMS, the courier service by China Post, has been declining by 4 percent year-on-year.

The domestic courier market has a lot of potential. According to World Trade Organization (WTO) requirements, the Chinese courier market had to be fully opened up to competition by the end of 2005. But in most regions, especially central cities such as Beijing and Shanghai, private courier companies command 80 percent of market share.

Today, if one calls the customer-service departments of FedEx, UPS, DHL and TNT to courier documents from Guangzhou or Shanghai to Beijing, UPS would respond that it only serves clients with whom it has contracts; FedEx, DHL and TNT would take the business, but the quote would be more than 100 RMB from FedEx and DHL; TNT emphasizes medium-to-high end clients and would actively persuade the customer to sign a long-term contract.

Furthermore, international giants hope to acquire domestic courier companies to quickly fill the gaps of their domestic coverage. But there are not many candidates for acquisition. Large private courier companies are mostly alliances of small franchisees. The headquarters have limited managerial control over franchisees, which fight for their regional turfs. If international giants acquire these franchisees, they have to inject a lot of capital and energy to remedy this situation.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest