A new bilateral aviation agreement just negotiated by Hong Kong and the United States will remove a major impediment to world economic growth, according to the chairman and CEO of UPS.
Read MoreA new bilateral aviation agreement just negotiated by Hong Kong and the United States will remove a major impediment to world economic growth, the chairman and CEO of UPS said today.
Read MoreFedEx Express unit expects the U.S. Court of Appeals to rule on its appeal of a class-action judgment in 12 to 18 months, according to a document filed Friday with the Securities and Exchange Commission.The lawsuit was filed against FedEx Express, alleging that customers who had late deliveries during the 1997 Teamsters strike at United Parcel Service were entitled to a full refund of shipping charges under a money-back guarantee, regardless of whether they gave timely notice of their claim.
Read MoreA top UPS executive expressed optimism that negotiations between the United States and Hong Kong that begin today will produce a long-sought aviation accord.
“This is one time that our hopes and expectations are pretty well running parallel. There have been several rounds of negotiations. Both sides say now is the time for a deal,” said Tom Weidemeyer, president of UPS Airlines.
Read MoreDeutsche Post Global Mail, a shipper of U.S. business mail internationally and a cross-border mailer worldwide, has completed the relocation of its U.S. headquarters to Fairfax County.
Deutsche Post Global Mail is leasing a building in Herndon, near Washington Dulles International Airport. The headquarters employs 100 people. ‘Deutsche Post is a strong growth company that we are proud to welcome to the community,’ said Gerald L. Gordon, president and CEO of the Fairfax County Economic Development Authority. ‘This is a great example of how Fairfax County works for foreign-owned companies looking for a U.S. location.’
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