Tag: USA

Ryder Reports Second Quarter 2006 Results

Posted by | Jul 27, 2006 | |

– Second Quarter EPS of $1.13, Includes an $0.11 Tax Benefit –
– Comparable EPS of $1.02 Increases 19% –
– Revenue Up 15%; Operating Revenue Grows 6% –
– Full Year EPS Forecast Range Raised to $4.00 to $4.10 –

Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, today reported net earnings for the three-month period ended June 30, 2006, were $70.3 million, compared with $63.3 million in the year-earlier period. Net earnings in the current period included an income tax benefit of $6.8 million related to changes in Texas and Canadian income tax laws. Net earnings in the year-earlier period included an income tax benefit of $7.6 million related to a change in Ohio income tax law. Excluding the tax benefit in both years, second quarter 2006 net earnings were up 14% to $63.5 million. All business segments reported improved results, reflecting better operating performance and continuing leverage from revenue growth.

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ABX Air wins USPS deals to compensate DHL decline

Posted by | Jul 27, 2006 | |

ABX Air, Inc. announced today that its subsidiary, ABX Cargo Services, has been awarded the contract to manage the U.S. Postal Service’s terminal handling services at its Surface Transfer Center (STC) in Dallas, Texas.
The contract calls for ABX to be compensated at a firm price for its fixed costs, plus an additional amount based on the volume of mail handled. Based on projected volumes, ABX Air anticipates that its revenues under the contract could total about USD 20 million during the four-year term of the contract. This contract provides for two, two-year extensions at the discretion of the U.S. Postal Service.

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Masters Pharmaceutical chooses DHL as primary small package transporatation provider

Posted by | Jul 26, 2006 | |

DHL, the world’s leading express delivery and logistics company, today announced it has been selected by Masters Pharmaceutical, a pharmaceutical sales, marketing and distribution company, as its primary provider for next-day delivery services. Masters Pharmaceutical recently switched from a two-day delivery service program to next-day service with DHL in order to better serve Masters’ growing customer base. Working within a highly competitive industry, Masters Pharmaceutical recognizes the benefits of offering the highest level of service to its more than 6,000 customers.

Masters Pharmaceutical distributes nationwide from a centrally located distribution facility in Cincinnati, Ohio. Through a customized late pickup service by DHL, Masters Pharmaceutical is able to fulfill orders late in the evening for next-day delivery to pharmacies nationwide.

“Masters Pharmaceutical is one of many customers that is enhancing its business model through successfully leveraging DHL’s domestic air network and expansive portfolio of services,” said Janet Flores, area vice president of sales at DHL. “By providing customers, large and small, access to dedicated support, customized solutions, and reliable expedited logistics, DHL can help give these companies the opportunity to offer their customers a high level of delivery service.”

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RR Donnelley Logistics Launches OneSite(SM) Mailing Campaign Progress Tracking Tool

Posted by | Jul 26, 2006 | |

R.R. Donnelley & Sons Company today launched OneSite(SM), a comprehensive web tool that offers customers the ability to see where their materials are throughout the mail stream — instantaneously. The first product to combine post-production shipment tracking and United States Postal Service(R) (USPS(R)) network tracking into one synchronized report, OneSite provides a diverse new range of tracking and reporting tools designed to maximize opportunities for customers to capitalize on mailing campaign effectiveness.

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Michael Regan named to head UPU Postal Operations Council

Posted by | Jul 25, 2006 | |

USPS Director of International Postal Affairs Michael Regan will serve as chair of the Universal Postal Union’s (UPU) Postal Operations Council upon International Business VP Jim Wade’s retirement Aug. 3. Wade was elected council chair in 2004.

The UPU, a specialized agency of the United Nations, has 190 member countries. Its Operations Council oversees most aspects of the UPU, including technical, economic, commercial and operational areas.

Regan joined USPS as a Management Intern Specialist in International Postal Affairs in 1968. He has held a variety of positions, all in the International Business area, including extensive work on UPU programs, events and issues.

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