14,000 jobs to go at FedEx
14,000 jobs to go at FedEx
Read MoreTag: USA
Union representatives express support for DHL employee
Union representatives of DHL Worldwide and Airborne workers in the U.S. and Europe expressed support for a DHL employee in Brussels whose dismissal provoked a short-lived job action by workers there. Union officials from both sides of the Atlantic met in Washington to discuss “challenges created by Deutsche Post’s expansion and reorganization plans.” The meeting demonstrated the potential for labor problems that could face DHL if the proposed acquisition of Airborne goes through. The International Brotherhood of Teamsters represents thousands of Airborne workers who would become DHL employees.
Read MoreFedex offers staff voluntary lay-offs
FedEx has responded to the declining US air express delivery market by offering its first voluntary redundancy and early retirement programme, which will result in net costs of Dollars 130m-Dollars 160m in fiscal 2004. The programme is expected to affect 14,000 salaried US FedEx employees. FedEx employs about 116,000 US workers. The scheme will not affect FedEx drivers and customer service agents, who are paid hourly. FedEx, the world’s largest air express deliverer, would not say how many workers were expected to take the severance packages, but expressed confidence that employees would be attracted by the terms, which included a Dollars 10,000 lump sum and full pension benefits for those over 50.
Read MoreFedEx offering return service
FedEx Corp. is expected on Monday to introduce FedEx Consolidated Return Service, a new service for direct marketers. Under the service, which is designed for retailers with more than 150 returns daily, customers can drop off an item to be returned at any FedEx World Service Center or FedEx Authorized Ship Center using a pre-authorized number provided by the merchant. Cost varies by weight and distance.
FedEx said consumers will benefit, because they can drop off items at any FedEx service center and receive credit promptly.
Read MoreDeutsche Post fails to appease UPS
US-based United Parcel Service (UPS), the world’s largest express forwarding group, is still refusing to withdraw its legal complaint against Deutsche Post, the German postal and logistics group, on grounds of unfair competition, in spite of the announcement by the German company that it is to sell its shares in US airline DHL Airways, which is to be renamed Astar Air Cargo by its new owners.
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