Tag: USA

FedEx and France launch new initiative to promote French trade

Posted by | Jun 26, 2006 | |

FedEx Express, a subsidiary of FedEx Corp. and the French Office of Economic and Commercial Affairs (FOECA), have joined forces to expand trade and investment between France and the United States. The skills and resources of FedEx and FOECA will be made available to small- and medium-sized French and U.S. businesses that want to import and export. Through this alliance, U.S. and French businesses will have increased opportunities to find international buyers and receive the training and assistance necessary to enter new markets.

“This initiative is a boon for small- and medium-sized businesses,” said Jean Francois Boittin, minister counselor of Economic and Commercial Affairs for France. “By tapping into the expertise of our network of experts across the country, occasional exporters will have a chance to grow in the U.S., and grow FedEx business as well.”

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Alpine Air Express Awarded a New Contract with UPS

Posted by | Jun 26, 2006 | |

Alpine Air Express Inc. announced that its operating subsidiary Alpine Air, a leading provider of regional air cargo transport and logistics services, has been awarded a new contract by the United Parcel Service (UPS) to commence operation on July 17, 2005, servicing routes from Seattle to Kennewick and Walla Walla, Wash.

According to the company, the contract is part of its plan to diversify its client base, better use its aircraft assets and expand its routes to areas that are geographically compatible with the company’s future operations. Additionally, the company expects the contract to contribute significantly toward its continued profitability.

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Fuel surcharges help FedEx, rivals

Posted by | Jun 23, 2006 | |

Faced with escalating fuel and materials prices, businesses have been forced to pass on those higher costs to customers to save their profits. And for companies like FedEx Corp., the strategy has proven to be a winner.

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FedEx delivers strong results on solid growth

Posted by | Jun 22, 2006 | |

FedEx said it remained optimistic about the economic outlook after solid growth in US and international markets helped the express delivery group lift fourth- quarter net profits by a better-than-expected 27 per cent. Fred Smith, chairman and chief executive, said he saw no sign of weakening in the economy, brushing off concern that rising interest rates and high energy prices could stifle growth.

Mr Smith’s upbeat comments followed similar remarks last week by US rail industry executives, suggesting that the transportation sector, an important bellwether of economic growth, remained in a bullish mood.

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EPA Unveils Unique Hydraulic Hybrid Diesel Delivery Truck with UPS, International Truck and Engine, Eaton and U.S. Army

Posted by | Jun 21, 2006 | |

The U.S. Environmental Protection Agency (EPA) today unveiled the first-ever series hydraulic hybrid diesel urban delivery vehicle, which will provide dramatic improvements in fuel economy and in emission reductions. The development of the hydraulic hybrid is the result of a partnership between the EPA, U.S. Army, UPS, International Truck and Engine Corporation and Eaton Corporation.

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