Tag: USA

ABX Air finalizes severance and retention plans

ABX Air, Inc., announced it has reached an agreement with DHL on severance and retention plans for impending job reductions.

Following a period of voluntary reductions, ABX Air will serve Workers’ Adjustment and Retraining Notification Act (WARN) notices to approximately 200 employees next week. Government officials will be notified as well. Workers will be leaving jobs no later than 60 days from the day they receive the WARN notices.

This reduction is a result of DHL reducing 23 ABX Air DC-9 aircraft this year. These fleet reductions are the first associated with the plan DHL announced at the end of May. DHL has indicated to ABX Air that the DC-9 reductions will continue until all ABX Air DC-9s are parked sometime in 2009.

To assist in the transition for dislocated employees, ABX Air is working closely with the State Rapid Response Team and members of the Five Star Job Centers of Southwest Ohio, who are also coordinating with other surrounding counties. ABX Air has set up an onsite Transition Center to facilitate access to the available support services. Full- and part-time employees will be eligible to receive severance options, which include continued health and welfare coverage. All of these measures are intended to help dislocated workers bridge the employment gap.

ABX Air expects that additional notices will be necessary as more DC-9s are removed from the fleet. ABX Air’s DC-9 schedule of reductions is not affected by the discussions between DHL and UPS, but by DHL’s schedule to park the aircraft, as well as other ABX Air business adjustments.

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FedEx Corp. Board declares quarterly dividend

The Board of Directors of FedEx Corporation declared a quarterly cash dividend of USD 0.11 per share on FedEx Corporation common stock. The dividend is payable October 1, 2008 to stockholders of record at the close of business on September 10, 2008.

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CEVA Logistics integrates businesses worldwide

CEVA Logistics has announced a major restructure. Effective immediately, four Regional Presidents will be responsible for running the integrated businesses in Contract Logistics (CL) and Freight Management (FM).

CEVA resulted from the merger of the former TNT Logistics with EGL Eagle Global Logistics in August 2007. The new company originally retained the CL and FM businesses as separate divisions, with the exception of Asia-Pacific which tested a model integrating the two businesses at country level. Following a very successful nine-month pilot in that region, the Company has now decided to adopt the integrated model globally.

CEVA announced the following appointments at the most senior level:

> Joe Bento, President, Americas and Global FM network
> Vittorio Favati, President, Asia-Pacific
> Bruno Sidler, President, Northern Europe
> Gianfranco Sgro, President, Southern Europe, Middle East & Africa.

In recognition of its global nature and need for coordinated leadership, Joe Bento retains responsibility for the FM network to ensure cross-regional effectiveness.

CEVA has also emphasised the critical significance of its three global sector teams covering the Automotive, Technology, and Consumer/Retail industries. These will shape sector strategy, lead product development, co-ordinate the Company’s Century (Top 100) key accounts, and act as trouble-shooters

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UPS offers more air pickup options for urgent business needs

UPS announced significant enhancements to its UPS On-Call Pickup service in the United States for air packages, providing customers even more options for urgent business demands.

UPS has made On-Call Pickup service for air packages available for the first time in more than 4,000 ZIP codes, and air pickup times have been extended in nearly 6,000 ZIP codes. Together, the enhancements represent improved service for 26 percent of all U.S. businesses.

The enhancements were completed last month and provide customers without a daily scheduled pickup even more flexibility to meet critical deadlines. UPS On-Call Pickup now is available for same-day pickup in most parts of the country. A driver also can be called to make a pickup later in the day even after a regularly scheduled daily pickup.

In addition to more on-call pickup options, there are more than 4,400 The UPS Store and Mail Boxes Etc. locations in the United States offering packaging expertise along with access to the global UPS network.

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FedEx Corp. Board declares quarterly dividend

The Board of Directors of FedEx Corporation today declared a quarterly cash dividend of USD0.07 per share on FedEx Corporation common stock. The dividend is payable April 1, 2005 to stockholders of record at the close of business on March 11, 2005.

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