Tag: UPS

FedEx buys land for Florida hub

Posted by | Aug 7, 2006 | |

FedEx Corp. has inked a land deal to build 200,000 square feet of package and freight distribution facilities in West Palm Beach, Fla.

The proposed 120,000-square-foot FedEx Ground hub and 80,000-square-foot FedEx Freight facility are scheduled to open by July 2007.

The new hub is part of nationwide effort by Memphis, Tenn.-based FedEx to step up capacity and speed for handling packages in the face of mounting competition by United Parcel Service Inc. and DHL International GmbH.

FedEx has said it intends to spend USD 1.8 billion to expand its ground network. That plan includes construction of nine new hubs and expansion of 30. The move is intended to double FedEx’s ability to move packages by 2010.

In May, UPS announced plans for a 1.1 million-square-foot expansion of its Worldport package-handling hub in Louisville, bringing the facility to a total 5.1 million square feet, or the equivalent of more than 113 football fields. The expansion will cost more than USD 1 billion, and is expected to create 1,284 full-time jobs and 3,787 permanent part-time positions.

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China Post Airlines launch international cargo flight service

Posted by | Aug 4, 2006 | |

China Post Airlines launched its first international cargo flight service on Thursday, opening an air route from Beijing to Seoul in the Republic of Korea .

The airline, jointly owned by China Southern Airlines and China’s State Post Bureau (China Post), will extend its air routes to Europe and America as well as other countries in Asia when the time is ripe, the Xinhua-run Shanghai Securities News reported Friday.

Facing drastic competition at home from international delivery giants that have entered the Chinese express delivery market, the airline is trying to compete by entering the international cargo market, said the paper.

In line with its commitments to the World Trade Organization, China’s express delivery market was fully opened to competition in December last year. Now international delivery companies such as DHL, FedEx, TNT and UPS hold more than 60 percent of the domestic market.

The market share of China Post’s express mail service (EMS) has been shrinking, challenged not only by foreign players but also by private domestic companies, said the paper.

By April this year, private delivery services accounted for 80 percent of the country’s intracity express service and 50 percent of inter-provincial business.

In an effort to outrun its competitors, China Post last year introduced next-morning delivery and cross-region delivery, using overnight flights. China Post Airlines is the first domestic air company to fly overnight, the paper reported

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Postal Service Finds A Friend In The Internet

Posted by | Aug 2, 2006 | |

Internet injects new life and sorely needed revenue into US Postal Service, which is handling millions of packages shipped daily by on-line vendors; eBay is so important that Postal Service sponsored recent Las Vegas conference of 15,000 eBay fanatics, who heard thanks from Postmaster General John E Potter; revenue from first-class mail made up more than half of Postal Service’s total sales of USD 66.6 billion in 2005, decline from 2004, while revenue from packages increased 2.8 percent, to USD 8.6 billion; photos; shippers like FedEx, DHL and United Parcel Service also benefit from online shoppping and Netflix is so dependent on mail that it brought in former postmaster general William J Henderson as its chief operations officer.

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UPS Opens First Retail Centers in China

Posted by | Aug 2, 2006 | |

UPS today announced the opening of two UPS Express retail centers in Shanghai, China. This is the first retail endeavor launched by UPS in China.

The centers are located in key central business districts of Shanghai, one in the Shanghai Stock Exchange building and the other in the Shanghai Mart Convention Center. Both are owned and operated by UPS and offer extended operating hours to attract nearby businesses.
“UPS is committed to making its services not only the most reliable, but also the most convenient to businesses around the world,” said Jerry Drisaldi, vice president of UPS Retail Services. “Our diverse network of 70,000 full service and drop-off locations enables us to support the overall growth of UPS around the globe through innovative concepts that best meet the needs of our customers.”
The launch of the UPS Express centers is the latest in a series of strategic initiatives to expand UPS’s operations and brand presence in China. In 2005, the company took direct control of its operations, serving more than 330 cities in China, which represent 85 percent of the country’s international trade activity. UPS also expanded its air operations in China throughout 2006 and now flies to more points in China than any other U.S. airline, freight or passenger. The company also has grown its China workforce to more than 4,000 employees.

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UPS Sustainability Report Charts Gains Toward Centennial Goals

Posted by | Jul 31, 2006 | |

UPS today released its fourth annual Corporate Sustainability Report tracking the company’s progress on balancing a variety of economic, social and environmental objectives.

The report, based on 2005 data, shows UPS has continued to pursue its business sustainability goals by posting improvements in several important areas such as improved environmental practices throughout its operations, reduced on-the-job injury rates and increases in global employee volunteerism and charitable giving.

The full text of UPS’s Corporate Sustainability Report is available at www.sustainability.ups.com.

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