DHL Express has launched a new service called Air Cross in Malaysia.
Air Cross, an extension of DHL’s Import Express service, allows customers to arrange delivery directly from their oversea suppliers to international and domestic clients.
Read MoreFedEx Corporation has increased its earnings estimate for the fourth quarter of fiscal 2004 to USD1.20 to USD1.30 per diluted share, excluding the costs of the company’s business realignment activities, compared to USD0.92 per diluted share a year ago. Fiscal 2004 earnings are now expected to be USD3.40 to USD3.50 per diluted share, excluding business realignment costs and a one-time tax benefit recorded in the first quarter, compared to USD2.74 per diluted share a year ago.
Read MoreThe Air Courier Conference of America (ACCA) welcomed the release of a study on the express delivery services industry by the U.S. International Trade Commission (ITC). The report concluded that U.S.-based express delivery services suppliers encounter a range of trade barriers in foreign markets and that initiatives such as postal reform, trade negotiations, and improvements in customs practices could improve the industry’s competitiveness in foreign markets.
Read MoreOne year after launching a historic re-branding campaign, The UPS Store network has generated triple-digit growth in UPS shipping volume and added more than 300 new stores for a total of 3,300 locations. This achievement has led franchisor Mail Boxes Etc., Inc. and its parent company, UPS, to set a goal of expanding The UPS Store network to 5,000 locations in the United States by 2007, including innovative concepts in under-served areas such as urban neighborhoods, Free Enterprise Zones, college campuses and military bases.
Read MoreSenate Governmental Affairs Chairwoman Susan Collins, R-Maine, has laid out an “aggressive timetable” for a Postal Service overhaul bill, saying she plans to introduce bipartisan legislation with Sen. Thomas Carper, D-Del., by the end of the month.
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