Implementing the Intelligent Mail® Barcode
Implementing the Intelligent Mail® Barcode
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Getting Smart About Intelligent Mail
Getting Smart About Intelligent Mail
Read MoreDHL becomes official express and logistics partner for IMG's Fashion Weeks worldwide
DHL will become the official express and logistics partner for IMG’s Fashion Weeks around the world, a series of prestigious shows produced and/or represented by IMG Fashion in ten countries spanning four continents each year. Following a year working with IMG Fashion in the U.S. market, DHL is now increasing its relationship as the official international express and logistics partner of these events.
First in its lineup of events will be the Milano Moda Uomo, held from 12 – 15 January, 2008, in Italy and then at Mercedes-Benz Fashion Week Berlin that will take place from Jan. 27 – 31 January. Other shows will continue throughout the year. DHL will use these events to strengthen its business penetration with the fashion, apparel and retail industries.
Maintaining a partnership with many well known fashion labels and top brands of the apparel industry, the logistics experts at DHL have been working for years to develop tailor-made transport solutions that address the latest trends in the fashion world and meet the specific needs of individual customers. DHL’s presence in more than 220 countries and territories ensures that the creations of international designers arrive at major fashion shows right on time.
At the beginning of 2007, DHL and IMG Fashion reached an agreement that made the company the official express and logistics partner for Mercedes-Benz Fashion Weeks in New York, Los Angeles and Miami. This partnership is now being expanded around the world.
Read MoreUPS Freight announces 2008 rate adjustment
UPS Freight announced a general rate increase averaging 5.4 percent covering non-contractual shipments in the United States and Canada.
The increase goes into effect on Feb. 4, 2008, and applies to minimum charge, LTL and truckload (TL) rates.
“We are continuing to improve service to our customers and to provide the latest technology,” said UPS Freight President Jack Holmes. “On Jan. 1, UPS began offering on-time guarantees at no additional charge to customers on the current base UPS Freight tariff for shipments moving within the continental United States.”
Also beginning this month, customers can process both package and LTL shipments in the UPS WorldShip® system, an enhancement that’s already exciting customers, Holmes added. In addition to being able to create a Bill of Lading (BOL) for LTL shipments, UPS WorldShip users can send e-mail notifications, save BOL’s for later completion, import commodities and view their negotiated rates.
UPS Freight, the over-the-road heavy freight division of UPS, offers a full range of regional, interregional and long-haul LTL and TL capabilities in all 50 states, the Virgin Islands, Puerto Rico and Guam along with comprehensive cross-border service in Canada and Mexico.
Read MoreUPS volume no longer seen as long-term gauge
UPS’s shipping volumes used to be a good indicator of how the economy would be doing down the road — but no longer thanks to changes in how its business customers operate, the package shipper’s top executive said Wednesday.
D. Scott Davis, who became CEO and chairman of the package shipper on Jan. 1, told attendees of a Metro Atlanta Chamber of Commerce breakfast that fluctuations in the company’s fortunes once foreshadowed the economy’s direction.
But its volume has become more of a real-time indicator in recent years as many retailers and other shippers have switched to so-called “just-in-time” operations to reduce their inventory levels, said Davis, who is also vice chairman of the Federal Reserve Bank of Atlanta.
Davis declined to disclose recent trends in UPS’ shipments, but said the risk of a recession has increased after retail sales growth over the Christmas shopping season dropped to its slowest rate since 2002. UPS will report its fourth-quarter financial results at the end of this month.
Separately, UPS said Wednesday it will repurchase up to USD 10 billion in company stock within the next two years, and it has decided it will take on greater debt to allow it to make more investments in its business.
UPS said its board of directors has authorized an immediate increase in the amount of funds available for stock repurchases from roughly USD 2 billion to USD 10 billion. It added that the repurchases may take the form of an accelerated share repurchase program, open market purchases or other unspecified methods.
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