Tag: USA

FedEx consolidates World Trade Network FTN branch to handle expanded services

After two years of acquisitions and expanding services for international trade, FedEx Trade Networks Inc. announced Thursday it is reorganizing and renaming two of its business units.
The move by FTN, one of five operating companies of Memphis-based FedEx Corp., is geared toward pulling together several operations, some existing and others acquired through acquisitions, under one umbrella organization, company officials said.
The organizational shift will not change the number of employees in the business units, said Ed Clark, president and chief executive officer of FTN.

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UPS gets victory with House postal vote

Legislation that would let the U.S. Postal Service operate more like a company was defeated in a House committee after Democrats and Republicans balked at granting the power to set rates and sell bonds.
The House Government Reform Committee rejected the measure in a 20-5 vote that marked a victory for Atlanta-based United Parcel Service.
The world’s largest delivery company has lobbied for several years against legislation that would allow the postal agency to negotiate discounts with large-volume customers like magazine publishers.

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Siemens Dematic wins USD 240m contract from US Postal Service

Siemens Dematic, the automation technology arm of electronics giant Siemens, said Thursday it has won a 240-milion-dollar (250-million-euro) contract for a new mail-forwarding system from the United States Postal Services (USPS).
The system, dubbed Postal Automated Redirection System (or PARS), would initially be installed in 53 major USPS mail centres and in 40 forwarding centres, Siemens Dematic said in a statement.
The contract also included the deployment of a system for processing change-of-address forms, it added.

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