Tag: USA

FedEx Home Delivery Expands to 90% of the US

Today FedEx Ground, a subsidiary of FedEx Corporation (NYSE:FDX), will open 31 additional FedEx Home Delivery operations throughout the United States, expanding the service’s geographic reach to almost 90 percent of the U.S. population.
Twenty-nine of the new operations are being co-located with existing FedEx Ground facilities. Dedicated residential delivery service accounts for half of FedEx Ground’s package growth.

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UPS looks to European expansion

UPS, the US parcel delivery group, is looking for acquisitions in the consolidating European market, according to Mike Eskew, its new chairman and chief executive.
“We are going to be opportunistic and strike when we need,” Mr Eskew said in an interview at the World Economic Forum in New York. “We will look for goods, information and funds-type acquisitions.”

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