Tag: USA

Lockheed Martin gets USD120M US Postal Service pact

Posted by | Nov 14, 2005 | |

Lockheed Martin said it received a contract valued at as much as USD120 million to upgrade the US Postal Service’s systems that recognize handwritten and machine-printed addresses on letter mail. Lockheed Martin and suppliers aim to boost the USPS’s ability to automatically read addresses above the current 92%, the company said. Lockheed has been working with the Postal Service on this effort for 10 years; the new contract continues their collaboration.

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Deutsche Bahn supervisory board approves planned Bax buy

Posted by | Nov 13, 2005 | |

Deutsche Bahn AG’s supervisory board yesterday approved plans to acquire US logistics firm Bax Global in a move designed to strengthen the company’s international freight operations, sources said. Bax, a unit of US security company Brink’s, could cost Deutsche Bahn up to 1 bln eur, the sources said. It has around 12,000 staff and deals mainly in air and sea freight. The move would help Deutsche Bahn strengthen its logistics arm Schenker.

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Will FedEx gun for No. 4 TNT?

Posted by | Nov 11, 2005 | |

As shares of the world’s fourth-largest package carrier fizzled Thursday, Wall Street matchmakers couldn’t resist thinking FedEx Corp. would be the perfect suitor. Dutch transportation company TNT NV lost more than 5 percent of its stockholder value Thursday, a day after a private German investor said he was putting together a group, including an unnamed strategic investor in the logistics field, to buy it. When nothing materialized, investors began jumping ship. Analysts say it’s very possible FedEx is the strategic investor, interested in buying the express delivery or logistics division, or both.
“It would give FedEx a strong presence within Europe and the ability to offer comprehensive logistics and supply chain solutions,” said Jon Langenfeld, analyst at Robert W. Baird & Co. While UPS has also been touted as a possible suitor, the move makes more sense for FedEx because UPS already has a strong presence in Europe and a logistics platform for nonpackage solutions. FedEx would not comment.

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Global mail services seen as new frontier for RFID

Posted by | Nov 10, 2005 | |

Postal and courier mail services are expected to become the second largest market for radio frequency identification item-level tagging following the retail sector, according to a research firm.

The technology already is being deployed at carriers to secure access to vehicles, trailers, and sorting and shipping areas. “We see a strong move toward revamping total postal systems to make it much easier to send and receive the correct package more promptly with better cost and security control,” said Peter Harrop, chairman at research firm IDTechEx on Thursday. “That is why Arabia is rolling out smart post boxes, and Korea is looking to change its receiving and shipment to a holistic system with near real-time traceability.”

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DHL Launches “Virtual Warehouse” for US Importers

Posted by | Nov 9, 2005 | |

DHL today announced the launch of the DHL Danzas Air & Ocean Consolidated Distribution Service (CDS), a new service that allows customers to reduce brokerage fees and shorten delivery times for U.S. imports from Asia, Europe and Latin America. During the pilot stage of the service with U.S.-based customers, CDS reduced cycle times and improved time-to-market; eliminated warehousing and distribution center costs; and reduced inventory carrying costs and customs clearance costs for several large DHL shipping customers, while providing point-to-point tracking services. DHL is now offering the service to all high-volume U.S. importers looking to streamline their supply chain.

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