Tag: USA

Fedex, UPS use war bill to fight DHL expansion in US

United Parcel Service Inc. and FedEx Corp. have managed to disrupt plans by rival Deutsche Post AG, which owns DHL Worldwide Express, to expand in the U.S. by using a must-pass war-funding bill. Last week, the Senate voted to include an amendment intended to force regulators to be stricter in enforcing U.S.-ownership regulations for air-cargo carriers against the German company.

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Analysts say Airborne deal faces tough battle

Industry analysts say DHL Worldwide’s proposed acquisition of Airborne Inc. will receive intense scrutiny from the U.S. Department of Transportation. Greg Burns of J.P. Morgan Chase believes the deal will be approved because of its impact on competition despite fierce opposition from FedEx Corp. and United Parcel Service. Other analysts were more skeptical. Scott Flower of Salomon Smith Barney gave the deal a 60 percent chance of approval, but noted that it will also be subject to political pressures.

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The UPS Store Debuts More Than 3,000 Strong

Starting today, more than 3,000 Mail Boxes Etc.® (MBE) locations around the United States will begin re-branding to The UPS Store™, in the process extending affordable shipping rates to consumers and small businesses. The re-branding, scheduled for completion by September, will be the largest such effort in retail and franchise history. It was launched in Seattle today with the opening of the first official location under The UPS Store name and look. The name change and service initiatives follow the overwhelming acceptance of the change by MBE franchisees across the country.

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SmartMail selected to expedite domestic deliveries in US

SmartMail Services the leading nationwide expeditor of flat-sized mail and lightweight parcels, announced its selection to expedite domestic deliveries for Deutsche Post Global Mail slated to begin later this month. SmartMail CEO and President Jim Martell says, “Winning this business expands our geographic reach and ability to service more customers. We are excited about the growth potential and look forward to working closely with Deutsche Post Global Mail.”

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DHL: Airborne deal not contingent on DOT approval

DHL Worldwide plans to go ahead with its purchase of Airborne Inc. even if the U.S. Department of Transportation rejects the deal. If Airborne and DHL, which is owned by Deutsche Post World Net of Germany, cannot obtain DOT approval, DHL would acquire all of Airborne and then transfer Airborne’s freighter fleet to a third-party operator, according to James Valentine, an analyst with Morgan Stanley.

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