Tag: USA

UPS board boosts dividend

The Board of Directors of UPS citing its confidence in the company’s financial position and prospects for growth, today increased the quarterly dividend to USD0.42 per share from USD0.38 per share on all outstanding Class A and Class B shares.

The dividend is payable March 6, 2007, to shareholders of record on Feb. 20, 2007.

UPS now has increased its dividend five times in the past four years, doubling the quarterly payout from the USD0.21 per share declared in February 2003. UPS has either increased or maintained its dividend every year for more than three decades.

The Board also voted to increase to USD2 billion its authorization for the repurchase of Class A and Class B shares.

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USPS awards multi year contract to Innovations Group

Innovations Group Inc. (IGI) today announced that the U.S. Postal Service (USPS) has awarded the company a contract to provide Mailing Systems to thousands of Contact Postal Units nationwide. The system will provide operators a Point of Sale functionality to sell postal products and services to consumers.
The contract includes application software development, system integration, human factors engineering, software certification, program management, training and documentation, deployment services, help desk services, software maintenance and systems lifecycle support.
Contract postal units (CPUs) allow the Postal Service to reach customers at times when a trip to a Post Office is not possible or convenient. Typical CPU host locations are drug stores and supermarkets, many feature evening, weekend, and holiday hours. The convenience store industry is the fastest growing segment of the CPU program.
IGI has teamed with Hewlett Packard (HP), Escher Group and CODEplus. “The IGI team’s Retail and Postal experience will ensure that the USPS will get the best of class products and services,” said Omar Dajani, president and CEO of IGI. The IGI team’s experience has been proven in both the retail and postal industries worldwide.

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DHL USA wins new contract with Re/Max Network

DHL announced a multi-million dollar agreement with RE/MAX International, a global realty company with a franchise network of more than 119,000 agents in more than 60 countries. RE/MAX International Headquarters and franchisees will now use DHL for domestic express and international shipping.

DHL offers several solutions for a mobile workforce, including DHL ProView (TM), DHL’s latest online service which provides access to shipment status information wherever needed – via email or SMS text messaging to a PC, cell phone or mobile device.

DHL developed a dedicated web site to welcome all RE/MAX associates to the DHL Approved Supplier program. The customized site provides complete information about the new DHL-RE/MAX agreement, rates, shipping solutions, and information on how to get started shipping online. Additionally, DHL personnel will ensure individual RE/MAX agents have answers to specific questions and everything they need to use DHL shipping services.

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UPS Chairman to chair Hands on Network Corporate Service Council

Michael Eskew, Chairman and CEO of UPS, will succeed Bob Nardelli, former chairman, president and CEO of The Home Depot, as the next chairman of the Hands On Network Corporate Service Council, an alliance of more than 65 CEOs from leading corporations and civic organizations who are changing the face of corporate volunteerism in America. Nardelli has served as chairman of the Corporate Service Council since its launch in early 2005.

“UPS has long been a leader and change agent in support of effective engagement of volunteers, and we are thrilled to elevate our already established relationship with UPS by engaging Mike Eskew to lead the Council through its next phase of growth and impact,” said Michelle Nunn, co-founder and CEO of Hands On Network. “We would like to express our heartfelt thanks to Bob Nardelli for his tremendous leadership of the Council and his ongoing support of Hands On Network. Bob has been a truly amazing personal champion of service and an incredible advisor to us, setting a high bar in terms of his commitment and willingness to contribute his own “sweat equity.”

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Postal Service again honored as most trusted government agency

For the third year in a row, Americans have rated the U.S. Postal Service as the number one agency they trust to protect their privacy. Not only did the Postal Service retain the top spot, customer satisfaction and trust scores increased from the previous year, a national study shows.

Ponemon Institute LLC published its “2007 Privacy Trust Study of the United States Government” during National Consumer Protection Week. The study sought to understand the level of confidence Americans have in the many government agencies that routinely collect and use the public’s personal information.

The Postal Service retained the top spot with a privacy trust score of 83 percent. It also is one of the few federal agencies able to increase its customer satisfaction and trust scores. The average trust score among the 60 agencies surveyed was 47 percent.

“For more than two centuries, the Postal Service has honored its fundamental commitment to protect the privacy and security of customers’ personal information,” said Delores Killette, Postal Service vice president and consumer advocate. “We have built a strong tradition of trust with our customers regarding how we handle mail and personal information.”

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