Tag: USA

Online Retail Growth Is Slowing

Posted by | May 28, 2008 | |

Economic woes online, too?

Although consumers are reacting to the economic downturn by spending less, this will create more of a hardship for retail stores than for online retail outlets.

“Store sales will be hit harder than Internet sales because affluent shoppers, who form the core of online buyers, tend to ride out economic downturns better than lower- and middle-income consumers,” says Jeff Grau, eMarketer senior analyst and author of the new report, US Retail E-Commerce: Slower But Still Steady Growth.

eMarketer estimates that US retail e-commerce sales (excluding travel) will reach USD 146 billion in 2008, up 14.3% over 2007.

“Still,” warns Mr. Grau, “over the next few years online sales growth rates will steadily decline.”

There is little reason for panic, however.

“A drop in the number of new online buyers is an inevitable sign of the maturation of the online retail channel,” says Mr. Grau.

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ZIPCodeWorld™ USA Gold PO Boxes Database

Posted by | May 28, 2008 | |

ZIPCodeWorld™ United States Gold PO Box Edition consists of a list of more than 9,000 Post Office™ Box (PO Box) only ZIP codes, state and city name. It bundled with the ZIPCodeWorld™ US Gold Edition which covers 5-Digit ZIP code, city name, alias city name, state code, phone area code, city type, country name, country FIPS, time zone, day light saving flag, latitude, longitude, county elevation, Metropolitan Statistical Area (MSA), Primary Metropolitan Statistical Area (PMSA), Core Based Statistical Area (CBSA) and Census 2000 data in United States. The complete database contains over 80,000 precise records.

With the subscription of the ZIPCodeWorld™ database, developers and end-users can build applications to support business logics based on ZIP Code information. Free source codes in several programming languages are available in the Web site http://www.zipcodeworld.com/developers.htm to speed up the development progress.

The ZIP code information changes periodically. Since we update our products on monthly basis, we include a low-cost yearly subscription plan that allows customer to download updates anytime within a year. ZIPCodeWorld™ United States Gold PO Box Edition database is available from $99.95 onward. Internet download is available immediately once order approved. Please contact [email protected] or visit http://www.zipcodeworld.com for more information.

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DHL sign air freight agreement with USPS and FedEx

Posted by | May 27, 2008 | |

DHL signed a major ground and air freight agreement with the United States Postal Service and its principal air express operator, FedEx.

Deutsche Post World Net plans to announce details of the agreement via webcast from Bonn.

The agreement calls for FedEx to carry some air and ground freight on behalf of the USPS. Sources familiar with the agreement said FedEx will takeover those unprofitable air routes initially and increase the service gradually.

DPWN Chief Executive Officer Frank Appel is also expected to announce the closing of a quarter of DHL’s U.S. stations and the elimination of hundreds of jobs. DHL is expected to redirect its growth efforts on its international service.

FedEx and DHL declined to comment and the USPS was non-committal about the venture.

In January 2001, FedEx and the Postal Service announced two major agreements. One called for FedEx Express to provide airport-to-airport movement of containers holding around 3.5 million pounds of Priority Mail, Express Mail and First Class Mail. The other part of the agreement involved the drop off of packages at FedEx Drop Boxes nationwide. At that time, the venture was expected to generate approximately $1 billion a year for FedEx.

The USPS declined to say how much it pays FedEx annually.

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UPS says intra-Asian trade offsets slower U.S. demand

Posted by | May 27, 2008 | |

United Parcel Service Inc said on Tuesday that its business within Asia was more than offsetting slower trade to the United States, but it added that Asian companies were cautious about the outlook.

UPS said that it expects business within Asia to drive growth in its global freight forwarding business this year to “quite a bit higher” than forecasts for 8 percent growth in the freight forwarding industry worldwide.

“We’re seeing very strong growth intra-Asia. It’s the China effect,” Derek Woodward, Asia-Pacific president of the world’s biggest package delivery firm, told a news briefing.

A UPS survey of small and medium-sized Asian companies, released on Tuesday, showed that more than half were optimistic about their prospects this year given strength in intra-regional trade and growth in business in Europe and the Middle East.

But they sounded a note of caution, saying U.S. economic woes were creating uncertainty, particularly for Japanese companies.

For the first time since the survey’s launch four years ago, more than half of Asian SMEs, or 51 percent, said they would freeze or cut staff this year. Some 62 percent felt less competitive than last year, partly due to rising labour costs.

The survey, conducted in December and January across 12 Asia-Pacific markets, polled more than 1,200 well-established SMEs.

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FedEx Corporation Honored with Presidential Export Award

Posted by | May 27, 2008 | |

The Commerce Secretary Carlos M. Gutierrez joined President Bush at the White House to present the FedEx Corporation of Memphis, TN with the Presidential ‘E’ Award for excellence in exporting.

The ‘E’ Award is the highest honor the federal government can give to American people, firms or organizations that have made significant contributions to the increase of American exports. The Presidential E-Award was created by President John F. Kennedy, by executive order in 1961.

Among the company’s many efforts to drive US exports, FedEx operates an initiative with the US Commercial Service aimed at boosting exports from US businesses. The agreement is designed to help simplify the complexity of international trade, particularly for small and medium size businesses looking to source and sell in the global marketplace.

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