Tag: USA

Pitney Bowes Expands Global Reach

Posted by | Feb 14, 2005 | |

Pitney Bowes Inc. (NYSE: PBI) today announced that it has completed two transactions that extend its penetration and reach outside of the U.S. — the acquisition of certain assets of Kilburn Office Automation Ltd. (Kilburn) in India and the formation of a joint venture with Semco Participacoes Limitada (Semco) in Brazil. Through these transactions Pitney Bowes is establishing direct sales operations in two of the world’s top fifteen mailing markets, whose combined mail volumes are approximately 23 billion pieces annually.

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GLS charges sent packing;

Posted by | Feb 13, 2005 | |

For the last few years there has been a steady flow of complaints to public representatives, consumer groups, radio talk shows and newspaper editors about package deliveries from America to this country and many other European destinations handled by GLS, a Royal Mail subsidiary, operating out of a central depot in Germany.

This situation arose after An Post, and many other European state-run post offices, lost its handling contracts to GLS. Air mail packages from America to Ireland can now spend an inordinate amount of time sitting in a German sorting warehouse where every package is scrutinised to see if it was liable to a Vat or duty charge and only then dispatched to the recipient with a cash-on-delivery demand for the amount payable.

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UPS Board increases dividend, names Beystehner a director

Posted by | Feb 9, 2005 | |

The Board of Directors of UPS citing its confidence in the company’s financial position and prospects for growth, today increased the quarterly dividend by nearly 18% from 28-cents per share to 33-cents per share on all outstanding Class A and Class B shares. The dividend is payable March 9, 2005, to shareholders of record on Feb. 22, 2005. The Board also announced it had appointed John Beystehner, UPS’s chief operating officer and president of UPS Airlines, to serve as a director. Beystehner will replace UPS Senior Vice President Cal Darden who steps down from the Board on March 31. Beystehner then will stand for election to a regular one-year term at the annual shareowners’ meeting in May.

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US PostNet signs agreement with DHL

Posted by | Feb 9, 2005 | |

PostNet World Headquarters announced today that all PostNet locations will become authorized shipping centers for DHL, a worldwide leader in express shipping. This makes PostNet the only major player in the postal, business and communications services industry offering customers the choice of four major express shipping and mailing services. In addition to DHL, PostNet is an authorized shipping center for FedEx, UPS and the U.S. Postal Service. PostNet has more than 500 locations throughout the United States, and more than 935 worldwide.

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TNT Logistics receives third “Q1” award from Ford Motor Company

Posted by | Feb 8, 2005 | |

TNT Logistics, a leading provider of supply chain services to the automotive industry, has received its third Ford Motor Company “Q1” Award for quality services in North America. This award is for providing transportation services to Ford’s fleet business out of TNT Logistics’ Brownstown (Michigan) operation located south of Detroit. The winning of Ford’s “Q1” Award continues a tradition of excellence for TNT Logistics North America in the automotive industry as the company also won DaimlerChrysler’s “Gold” Award last year.

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