Tag: USA

Marshall Islands: Changes Coming to Postal Service

Postal Service operations in the Republic of the Marshall Islands (RMI) are being restructured and new equipment purchased to upgrade capabilities, according to RMI Chief Secretary Casten Nemra. Yesterday’s meeting of the Marshall Islands Chamber of Commerce featured a presentation by Nemra, who is also Chairman of the Board for the new RMI Postal Authority.

In August, Nemra and the Majuro Postmaster, Danny Note, attended a postal meeting in Palau, where it was announced postal services in the FSM and RMI would return to US domestic rates. “I expect to see a USPS circular published very soon that you can review. We’ve been informed that the change back to US ‘domestic rates’ will occur as early as the end of this November or at the latest by January 1, 2008.”

Opening the meeting, Chamber President Jack Niedenthal said the announcement of concessions was a great victory for the Chamber. Many in the Marshall Islands’ business community had been actively lobbying for these changes for several years.

The Chamber, which has been hosting various government agencies and reps in monthly forums throughout 2007, invited Secretary Nemra and Postal Service Officials to update the Chamber.

Speaking of changes being made by the new Postal Authority, Nemra said they were in the process of hiring a full time accountant and several mail carriers, as well as providing training for current executives and clerical workers.

At present, there are 50 employees, three of which are in Ebeye, with the remainder serving in the Uliga and Delap locations on Majuro.

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FedEx Kinko's opens first smaller store

FedEx Kinko’s is opening new, smaller format stores in the Tucson market.

A FedEx Kinko’s Office and Print Center has opened at 8150 N. Cortaro Road. The store is about one-third the size of most Kinko’s stores.

Another small-format store is opening in November at 7301 E. Tanque Verde Road. There are three other Tucson stores.

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Honeywell announces agreement to acquire Hand Held Products Inc.

Honeywell announced it has signed a definitive agreement to acquire Hand Held Products Inc., a privately held Automatic Identification and Data Collection (AIDC) company based in Skaneateles Falls, N.Y., for approximately USD 390 million. Hand Held Products manufactures a range of data collection and communication products designed for mobile, on-site, and transaction processing in retail, healthcare, utilities, transportation, logistics and industry. The agreement is subject to customary closing conditions, including regulatory review.

Hand Held will become a part of Honeywell’s Security Group within the Automation and Control Solutions (ACS) business. Hand Held had sales of approximately USD 285 million in 2006.

Roger Fradin, President and CEO of Honeywell ACS said, “Hand Held’s growth potential and strong positions in key vertical markets complement ACS’ existing wireless solutions. Hand Held’s ‘customer first’ mentality fits well with our culture. Both cultures value innovation that drives our customers’ success.”

Hand Held’s core products are bar code scanners and rugged mobile, wireless computers that are used for asset-tracking, logistics execution and supply chain management across diverse end markets. The company is perhaps best known in its space for its line of mobile computing and imaging technology used by the U.S. Postal Service, Dillards and Veterans Administration hospitals.

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DHL launches Student Express service

DHL has introduced DHL Student Express, an affordable international delivery service designed exclusively for students going abroad for education.

DHL Student Express assures students of speedy and reliable deliveries when sending documents and parcels such as time-sensitive school applications and personal belongings to their new schools and residences.

Additionally, they can benefit by savings of up to 70 pct on excess baggage for deliveries to popular education destinations like Australia and the UK.

DHL Student Express offers up to 15 pct off prevailing published rates when sending parcels via Jumbo or Jumbo Junior or Express Pallet, and up to 20% off on document shipment rates.

Other benefits include 24/7 customer service, free pick-up, free packaging materials, pro-active delivery notification, multiple shipment tracking options, and a destination network of more than 220 countries.

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Chief Executive of UPS to retire

United Parcel Service, the world’s largest shipping carrier, said Monday that its Chief Executive, Michael L. Eskew, would retire at the end of the year after six years at the helm and more than three decades with the company.

Scott Davis, Chief Financial Officer, will succeed Mr. Eskew, the company said.

The move was not a surprise, although Mr. Eskew, 58, had not said previously when he would step down.

Mr. Eskew assumed the role of chairman and chief executive on Jan. 1, 2002. Mr. Davis, 55, joined U.P.S. in 1986.
The company also announced several other changes in senior leadership. Replacing Davis as the company’s CFO will be Kurt Kuehn, who is currently Senior Vice President of Global Sales and Marketing and a member of the UPS Management Committee. Replacing Kuehn will be Alan Gershenhorn, who is currently president of UPS International and also serves on the UPS Management Committee. Dan Brutto, who is currently the President of Global Freight forwarding for UPS, is being promoted to the position of president of UPS International and will also join the company’s Management Committee.

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