Tag: USA

FedEx and U.S. Commercial Service renew commitment to boost U.S. exports

Posted by | May 16, 2007 | |

FedEx Corp. and the Commerce Department’s U.S. Commercial Service announced a new five-year agreement aimed at boosting exports from U.S. 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.

FedEx and the Commercial Service created the concept for their joint trade promotion initiative in 2004. Since joining forces, FedEx and the Commercial Service have introduced approximately 10,000 clients to the business of exporting. As part of the new five-year agreement, FedEx and the Commercial Service will continue to help U.S. businesses develop successful export strategies through free resources such as market research, trade leads, export seminars, and supply chain management services.

U.S. exporters stand to benefit from the joint resources of FedEx and the Commercial Service. The U.S. Commercial Service has trade specialists in more than 100 U.S. cities and 80 countries to help companies start exporting or increase sales to new global markets. The FedEx network is also extensive, providing access to more than 220 countries and territories worldwide, and connecting markets that comprise more than 90 percent of the world’s GDP. FedEx also offers global trade technology and tools to empower U.S. exporters, including customs clearance solutions.

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Customer satisfaction report: FedEx, UPS, USPS

Posted by | May 15, 2007 | |

The ACSI report, released on Tuesday, presented customer satisfaction results in different segments.

United Parcel Service Inc. scored an 81, losing to FedEx’s 84 but beating the U.S. Postal Service’s score of 77. UPS’ score in 2006 was 83.

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FedEx eyes Oregon for distribution hub

Posted by | May 15, 2007 | |

FedEx Corporation reportedly is eyeing Oregon as the site for a Northwest distribution hub.

The Oregonian newspaper is quoting local officials as saying the Memphis-based company is considering the former Alcoa-Reynolds Metals site north of the Troutdale airport to become one of nine regional distribution centers.

FedEx held a pre-application meeting with the city in late April and plans to submit its formal request in June or July. According to FedEx pre-application documents, the company plans to employ 765 people in the initial phase of development.

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Encoding center workers might have to go 750 miles to stay with postal service

Posted by | May 15, 2007 | |

U.S. Postal Service human resources representatives will return to the Beaumont Remote Encoding Center next week as the agency tries to soften the blow for the more than 900 employees who will lose their jobs when the center closes in November, a postal service spokesman said.

While workers await official individual notices to leave, U.S. Rep. Ted Poe continues his push to stop the closure, and Jefferson County commissioners might decide in coming months what they will do with the building once the government leaves.

The postal service officially announced April 20 that the Beaumont center would close by November after 13 years of operation.

Workers at the center – which is at the old Texas State Optical building at the corner of Forsythe and Pearl streets in downtown Beaumont – remotely affix address codes to mail via computer screens to help mail move more efficiently.

About 1 million images are processed there daily, and the postal service had praised the center’s workers for their output, according to The Enterprise archives.

Advances in technology have closed all but 10 of the 55 such centers nationwide.

Officials said at the time that the center’s 344 career employees and 16 managers would get a chance to transfer to other positions within the postal service within 100 miles of Beaumont.

Postal service spokesman Dave Lewin said Thursday that the range could be up to 750 miles.

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New Pitney CEO banks on mail-stream technology

Posted by | May 15, 2007 | |

The new chief executive officer of Stamford-based Pitney Bowes Inc. has predicted that by the end of the decade half of its growth will come from new products and services focused on mail-stream technology, its core business.

Pitney Bowes will continue the growth strategy it established in 2000 to concentrate on mail-stream products, Murray Martin said yesterday after the company’s annual meeting at its headquarters.

Martin, who has been with Pitney Bowes since 1987, most recently as president and chief operating officer, succeeds Michael Critelli, who has been elevated to executive chairman after 11 years as chairman and CEO.

When Critelli assumed leadership of the company, it had USD 3.8 billion in revenue.

The company saw its revenue climb 4 percent in the first quarter, from USD 1.36 billion in 2006 to USD 1.41 billion in that period this year. Net income, however, fell from USD 153 million in the 2006 quarter to USD 145 million in the most recent quarter.

In 2006, Pitney Bowes’ total revenue grew by 7 percent, and earnings per share improved by 9.5 percent.

Pitney Bowes will see its international revenues play an increasingly important role, Martin predicted, noting that 27 percent of its total revenue is derived from outside the United States today, compared with 17 percent in 2000.

Under Critelli’s guidance, the company tripled its international revenue to USD 1.5 billion and made more than 65 acquisitions around the world.

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