Tag: UPS

Courier companies to invest Pesos 800mil this year in Mexico

The package and mail courier companies who operate in Mexico, such as Aeromexpress Cargo, Airborne, DHL, Fedex, UPS, Servicio Continental de Mensajeria and Pegaso are planning to invest Pesos 800mil this year in equipment updating , says the industry organization, ANMEC (Asociacion Nacional Mexicana de Empresas Courier).

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USPS playing postal politics

How do you reform the U.S. Postal Service to insure it thrives and survives without stepping on too many toes? Congress knows it ain’t easy. There are many who support needed changes – for example, the two biggest U.S. express delivery companies support reform – but only as long as it doesn’t infringe on their business territories.

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Greek CEP market growing strongly

The four CEP giants FedEx, DHL,TNT and UPS with their international presence generated the ‘lion‘s share‘ of sales, reporting a total of EUR 35 million. This is especially the case with DHL, itself a subsidiary of Deutsche Post, clearly the market leader in Greece as it alone controls 60% of the Greek domestic market. Other domestic market leaders in this sector include companies like ACS and Speed Air. Alongside these privately run enterprises there is also the state owned Post Elta with its subsidiary Elta Express, which entered the CEP market in the year 2000.

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Deutsche Post rearranging to challenge UPS, FedEx

In a bid to challenge United Parcel Service and FedEx Corp. as the world’s top provider of express and logistics services, Deutsche Post World Net said it will merge its international and domestic parcel delivery, express and logistics operations under the DHL brand in a USD 785 million restructuring that also aims to boost earnings by 40 percent by 2005. Klaus Zumwinkel, chief executive, on Thursday said the program was the “logical conclusion” to its recent multi-billion dollar strategy to establish a European express business and build a global logistics network. “This is the decisive step towards making Deutsche Post World Net the global number one logistics provider,” the partially privatized company said in a statement.

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