UPS Logistics Group has been chosen by
Samsung Electro-Mechanics Co., Ltd. (SEMCO), a division of Samsung, to
reengineer and manage its global supply chain.
The three-phase project will redesign SEMCO’s logistics, transportation,
customs brokerage and inventory management for both raw materials and finished
goods covering North America, Asia, Europe and Latin America.
Dow Jones has reported that “It’s crunch time at Federal Express Corp. The world’s biggest express transport company is feeling the heat of a worldwide economic slump. Deliveries are down, earnings are slipping and so too is its stock price.”
Read MoreUnited Parcel Service remains interested in making acquisitions to expand its menu of services. UPS has made 20 acquisitions in the past year. Most of the have been very, very small but some – notably its takeover of Fritz Cos. – have greatly expanded UPS’s capabilities in freight forwarding and customs brokerage. UPS is working very aggressively to improve Fritz’ information technology platform.
Read MoreInter@ctiveWeek has reported that the U.S. Treasury Department has unveiled a system to let companies and individuals file tax returns and pay taxes via the Internet The system also will allow taxpayers to check the status of their taxes anytime on the Web, and to have quarterly estimated taxes deducted automatically from their bank accounts.
Read MoreJudging by the latest research there’s no room for industry complacency about the rest!ience of direct marketing in the face of a recession. New figures from media spend monitor AC Nielsen NlIS reveal there has been a fall in spend by the top 10 companies year on year to May 2001 of £50 million
Despite direct mail spend last year show inga healthy rise of 1 per cent on 1998/1999, figures from June 2000 to May 2001 show a year on year fall ofjust under 10 per cent in spend. from £1.4 billion to £1.27 billion.
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
