Tag: UPS

DHL, FedEx, UPS raise fuel surcharges in China

Posted by | Jun 2, 2006 | |

DHL, FedEx and UPS raise their fuel-related surcharges in China as of June, in a move to offset the increasing operational costs resulting form soaring oil prices in the international market since 2005. DHL-Sinotrans, Brussels-based DHL’s China joint venture, lifted fuel surcharges from 11.5% to 13.5% today, while the two US tycoons FedEx and UPS each announced an increase from 13.5% to a record high of 15%, which will come into effect on June 5. In stark contrast, Express Mail Service (EMS), the express service arm of state-run China Post, did not announce any markup on fuel surcharges or any change in service charges.

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Romanian Trans Couriers Service turnover up 36 Pct Y/Y Q1 2006

Posted by | May 23, 2006 | |

Trans Couriers Service, an authorised representative of the U.S. delivery company UPS in Romania, reported a turnover of 4.5 mln Romanian lei (USD1.65 mln/1.3 mln euro) for the first quarter of 2006, up 36 pct year-on-year, the company said on May 9, 2006. The company’s turnover stood at 3.2 mln lei (USD1.17 mln/925,120 euro) in the first quarter of 2005.

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UPS expands French retail network through Office Depots

Posted by | May 23, 2006 | |

UPS has enlarged its retail network in France through a cooperation agreement with Office Depot, an office furniture and equipment chain. The new outlets are primarily targeted at small businesses with irregular parcel volumes. In a customer message posted on its website, UPS France said that it now offered delivery services through a total of 42 Office Depot stores in major cities across France. Parcels processed through the retail chain would be delivered to addresses in France and the EU within 24 hours, and within two days to most international destinations.

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UPS, FedEx optimistic about 2006 despite challenges

Posted by | May 22, 2006 | |

UPS Inc. and FedEx Corp. told investors here (the Bear Stearns Global Transportation Conference) they see the rest of the year being at least comparable with and probably superior to the boom that was 2005. However, they also said they grappled with continuing operating challenges. Both rivals are dealing with labor issues. “The economy is steady now, but will be more challenged going forward,” UPS Chief Financial Officer Scott Davis said, referring to difficulties that could be caused by rising energy prices and interest rates. “But we think the small-package sector will grow faster than the economy,” he added. James Hudson, a FedEx vice president, said he thinks business could be particularly good because “we’re expecting industrial production to grow by 3.7% this year, up from 3.2% last year.” He also said he sees 2007 as a “stable” year.

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UK Royal Mail refuses to comment on US talks

Posted by | May 22, 2006 | |

Royal Mail yesterday described a report that it is in talks with the US companies Fedex Corporation and UPS over an alliance with its pan-European parcels business General Logistics Systems as “speculation” and declined further comment. The Sunday Times reported Royal Mail was in talks with the two US companies over what it described as a ground-breaking European alliance. It said chairman Allan Leighton was still undecided which of the two companies to choose but was keen to use GLS to break into the postal markets in France and Germany.

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