Tag: USA

Citigroup and DTB GmbH co-owners of a Russian National Logistics Company (NLC)

Posted by | Oct 24, 2005 | |

It is not the first time when foreigners show interest in the Russian market of storage and logistics services and delivery. In 2004, GeoPost and Yurtici Kargo bought a Russian company Armadillo and Armadillo Biznes Posylka established by Armadillo together with Posten AB.

Businessmen Sergey Grishin, Andrei Suzdaltsev, and Ilya Brodsky decreased their stakes in NLCI, which owns assets of NLC, from 100percent to 62percent. They plan to invest USD50 million derived from the sale in the development of a regional network and in new projects of NLC. According to Ilya Brodsky, NLC, which capitalisation will increase thanks to investments of new stockholders, may be sold to a strategic investor in 3-5 years.

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FedEx Ground continues national expansion with new Hagerstown, Maryland hub

Posted by | Oct 24, 2005 | |

FedEx Ground has opened a new 325,000-square-foot distribution hub in Hagerstown, Maryland. Today, Maryland Gov. Robert L. Ehrlich, Jr., will join local customers and Washington County officials to celebrate the facility opening. The Hagerstown hub is one of nine hubs to open as part of a network expansion plan that will include the relocation or expansion of more than 290 pickup and delivery terminals through 2010. The nationwide expansion will boost the company’s current average daily pickup capacity by nearly 70 percent over the next five years. This summer, FedEx Ground also opened hubs in Cincinnati, Ohio, and Dallas, Texas. A fourth new hub, under construction near Memphis, Tenn., will begin operations in 2006.

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Definition of and US Policy Towards Extraterritorial Offices of Exchange (ETOEs)

Posted by | Oct 21, 2005 | |

Definition of and U.S. Policy Towards Extraterritorial Offices of Exchange (ETOEs)

An Extra-territorial Office of Exchange (ETOEs) is defined as an office or facility operated by or in connection with a postal operator outside its national territory on the territory of another country. These offices are established by postal operators for commercial purposes to draw business in markets outside their own national territory. As of 2005, there were more than twenty ETOEs operating within the United States.

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UPS thinks outside the delivery box

Posted by | Oct 20, 2005 | |

‘WHAT can brown do for you?’ is not a marketing slogan that would work well in Europe. The Dutch journalist sitting next to me bursts into laughter when the idea is suggested during an interview with Kurt Kuehn, one of UPS’s senior vice presidents at the delivery giant’s boardroom set in leafy suburban Atlanta.

“Imagine how it would sound in German,” he says, hinting that a US company proudly advertising how its staff wear brown shirts would not go down well in a country where the colour brown has become almost taboo.

Fortunately, UPS is not that naive. Kuehn says it has never tried to export the slogan, which works well in the US where the company is known as “Big Brown” and the public has grown fond of its brown vans, which deliver packages to front doors across the country.

Corporate messaging does not, however, appear to be one of UPS’s many strengths. Its senior executives find it hard to hide their envy and disdain for rivals that use marketing to raise their profile.

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US FedEx dares to keep the status quo

Posted by | Oct 20, 2005 | |

Go behind the scenes at some of Manhattan’s top restaurants and the revolutionary impact of FedEx can be found staring straight back at you – in the clear, glistening eyes of truly fresh fish.

Thanks to the company’s global delivery network, gourmet chefs are increasingly bypassing the traditional fish market and sourcing their best fish directly from individual fishermen thousands of miles away.

Turning business models upside down in this way is something the express parcel carrier does quietly all the time. When Apple sold one million new iPod nano music players in 17 days last month, the customised models bought online barely saw the inside of a warehouse but were fed directly from factories in China into the FedEx delivery system.

The efficiencies made possible by such low-inventory supply chains even play a key role in the flexibility and resilience of the US economy – most recently lauded by Alan Greenspan, chairman of the Federal Reserve.

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