Tag: USA

DHL loss could cost USD250m a year

Posted by | Jun 30, 2004 | |

The departure of DHL Express from Cincinnati/Northern Kentucky International Airport will cost the area more than USD250 million a year, according to a study released Tuesday by the Northern Kentucky Chamber of Commerce. Lured by Ohio incentives worth USD422 million, DHL on Friday chose Wilmington, Ohio, for its central hub.

Part of the economic blow will be softened when FedEx opens a distribution center on Mount Zion Road in the spring, the study said.

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US FedEx shares hit record high

Posted by | Jun 29, 2004 | |

Shares of Memphis-based FedEx Corp. hit a 52-week high on Monday, at USD81.78, before closing USD1 lower, still above the previous 52-week high of USD80.43. Monday’s closing price of USD80.78 was up by 95 cents, or 1.19 percent, above Friday’s close of USD79.83.

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Deutsche Post Global Mail USA announces executive management team

Posted by | Jun 29, 2004 | |

Deutsche Post Global Mail USA is pleased to announce the unparalleled leadership team that has resulted from the acquisition of SmartMail Services and QuikPak Inc. The executive management team includes Bill Boesch, chief executive officer, Don Berry, chief operating officer, and Florian Schuhbauer, chief financial officer. “The appointment of our top management team is the first key milestone that we have achieved sooner than expected since the acquisition in May,” said Klaus Knappik, chairman of Deutsche Post World Net’s Divisional Board MAIL International. Deutsche Post Global Mail, a subsidiary of Deutsche Post World Net, announced its intent to acquire both SmartMail Services and QuikPak on May 11, 2004. SmartMail Services’ acquisition closed May 28, 2004. The acquisition of QuikPak closed June 28, 2004.

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ShipShapes First to Take Advantage of USPS Changes Allowing Direct Mail Attachments

Posted by | Jun 28, 2004 | |

ShipShapes, the pioneer in Customized MarketMail (CMM), is the first to take advantage of recent changes authorized by the United States Postal Service (USPS) that allow marketers to add attachments, such as a key, casino chip, product samples, compact disc, gift card or business reply card to CMM direct mail pieces. CMM, a classification of mail approved by the USPS last year, allows for non-rectangular, over-dimensional pieces of mail to be shipped without a package, carton or envelope. ShipShapes allows direct marketers to take advantage of CMM to communicate with target customers and increase their return on investment.

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Deutsche Post to invest in the US

Posted by | Jun 26, 2004 | |

DHL, the express delivery subsidiary of German postal service operator Deutsche Post, intends to invest around USD1.2bn in the US in order to challenge US competitors Fedex and UPS. The money will be invested in DHL’s distribution network, IT system, logistics centres and marketing activities. DHL and Airborne, Deutsche Post’s US air express delivery subsidiary, have a market share of around 6 per cent in the US, while UPS and Fedex control roughly 70 per cent of the market.

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