Tag: USA

DHL and Airborne Express poised to take on the US

DHL has announced it has reached a major milestone in the integration of DHL and Airborne Express. After only six months, both companies have integrated the majority of their ground and courier networks, and are now launching several new programs for customers. Shipping and logistics customers will benefit from the combination of an expanded domestic portfolio, and a powerful global network. “Shipping and logistics customers have enthusiastically embraced the marriage of these two world-class organizations, as it provides them with a viable, flexible alternative in a market that sorely needs both,” said John Fellows, CEO of DHL Holdings (USA), Inc.

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UPS board increases quarterly dividend

The Board of Directors of UPS, citing the company’s performance in 2003 and its continued positive outlook for 2004, have increased the quarterly dividend from 25-cents per share to 28-cents per share on all outstanding Class A and Class B shares. The increase is the second dividend boost in the past 12 months. Since February 2003, the quarterly dividend has increased 33%, from 21-cents per share.

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