Tag: UPS

UPS and FedEx's modest quarterly earnings are offset by the growth of their international businesses

Posted by | Jun 12, 2007 | |

A slowing American economy, high fuel prices, too much capacity and slackening demand may collectively account for why UPS’s first quarter results and FedEx’s fiscal third-quarter earnings were relatively flat, particularly in the domestic business.

“The first quarter of 2007 has turned out to be a bust” for UPS and much of the air freight business, said Ned Laird, president of the Seattle-based Air Cargo Management Group. “There is no growth in the domestic market and virtually no growth in the to-and-from U.S. markets.”

But the reports also suggest UPS and FedEx are riding out what some believe are fundamental changes in their domestic businesses by spreading into other areas, including growing international air business, that is keeping them solidly profitable.

Atlanta-based UPS’ first quarter net profit dropped 13.5 percent to USD 843 million compared to USD 975 million the company earned in the first three months of 2006 and came on a 3.3 percent gain in revenue, to USD 11.9 billion.

FedEx revenue was up 7 percent to USD 8.6 billion for the quarter ended Feb. 28, but the USD 420 million net profit was down 2 percent from the year earlier period.

Overall domestic package volume dipped 1.6 percent. And International Priority volume dipped 1 percent.

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U.S., Latin America at key juncture for Free Trade

Posted by | Jun 12, 2007 | |

The United States, Canada and Latin America can form the world’s next great trading bloc, but only if the various nations move quickly to improve their transportation infrastructures and simplify customs requirements, the chief executive of UPS said today.

“But it is clear the Americas are at a crossroads,” Eskew continued. “Although we’re neighbors, our border and customs policies make it sometimes seem like we’re enemies. We have so many complicated customs and security requirements in place that it’s often easier to import goods from Europe or Asia … The choices are to adapt, or become irrelevant.”

The trade issues facing the region are particularly nettlesome, the CEO added, because they are impeding what should be clear “built-in advantages.”

The chief executive noted the North American Free Trade Agreement (NAFTA) between the U.S., Canada and Mexico already has created the second-biggest trading bloc in the world behind the European Union “and accounts for far more trade than the U.S. conducts with China.”

“And between 1997 and 2020, Latin America’s real Gross Domestic Product is expected to grow 4.4 percent annually. That’s faster economic growth than Asia at 3.6 percent and much faster than the 2.8 percent global average.”

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UPS – they did it again: UPS Stores revisits eBay Drop-Off model

Posted by | Jun 11, 2007 | |

It appears UPS Stores and Receller are testing an eBay consignment model. A search on eBay for List-Pack-Ship in “Title & Description” reveals auctions from List-Pack-Ship, a service with “several retail locations in the Chicago-land area at which you can sell your items on eBay using the easy List-Pack-Ship service.” The About Me page for “listpackship5608” shows a list of 20 UPS Stores that are participating in the service.

Receller launched in late 2005 to help consumers sell items on eBay. Consumers send Receller pictures, and a Receller Listing Coach calls them and guide them through the listing of the item using the consumer’s own eBay account. Receller charges USD 9.95 for an individual listing, exclusive of eBay fees, PayPal fees, or any other third-party fees.

Combining UPS Stores and Receller might look like this: a consumer drops off an item at a UPS Store location. The store staff takes pictures and sends the pictures to Receller. Receller lists it on eBay – this time using List-Pack-Ship User IDs, apparently.

UPS Stores had tried the eBay drop-off model previously, but in that iteration, the UPS Stores staff sent the item to AuctionDrop’s centralized processing center where it would be listed on eBay. With this new model, it looks like the item stays in the UPS Store – but still has the advantage of a centralized listing service.

We’ve been unsuccessful in touching base with a UPS Stores representative to get details on the List-Pack-Ship service, but will update this story as we learn more.

It’s not clear which eBay drop-off store model may be the winner – if there is one. But what is clear is that companies can’t stop trying to make it work.

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Italian Express Delivery Firm Bartolini Launches Services in Bulgaria, Romania, Greece

Posted by | Jun 7, 2007 | |

Italian express delivery company Bartolini has launched services in EU newcomers Bulgaria and Romania, as well as Greece, the company said on Thursday.

The company will offer the services through its partner, German sector firm Deutscher Paket Dienst (DPD), Bartolini said in a statement.

Bartolini, one of the main express delivery firms in Italy, offers services to a total of 25 countries in Europe. Outside Italy, the company works with DPD and its partners from EuroExpress.

Bulgaria and Romania, which joined the European Union in January, have attracted large numbers of foreign investors in various sectors of their economies over the past few years. Service companies have followed investors in finance, real estate and tourism, telecommunications and industry, to take advantage of the business opportunities offered by the EU accession.

Some of the key express delivery companies in Bulgaria and Romania are international firms TNT, DHL and UPS. There are strong local players in Romania – Cargus, Fan Courier and Curiero.

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